Funding you earn now, next payment 08:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.028%
Price spread now: Aevo against Popdex−0.041%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Aevo is 0.041% cheaper against Popdex than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex PONSUSDT | 0.6154 | 0.0096 | pay 0.0012% / 1h | 1m 11s | $23K | $456K | 20x |
| Short | Aevo PONS-PERP | 0.6151 | 0.0232 | get 0.0029% / 1h | 1m 11s | $383 | — | 3x |
Popdex PONSUSDT
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Popdex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $28.56
- Price spread: −0.041% → 0.000%
- −$4.06
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $2.1
- Costs to cover
- 0.224%
- Break-even
- 6.5 days
Slippage unknown: Popdex: live order book, 38 min ago; Aevo: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Popdex live order book, 38 min ago | 5.37 bp | 93.4 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PONS on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PONS/USD | L +0.0032% / S −0.0030% | 1h | 0.6145 | −0.142% | $240K | — | 150x | as long as short |
| Popdex PONSUSDTlong | +0.0096% | 1h | 0.6154 | long leg | $23K | $456K | 20x | |
| Nado PONS-PERP | +0.0100% | 1h | 0.6150 | −0.073% | $72K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6164 | +0.164% | $30K | $299K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6154 | −0.006% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6149 | −0.083% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6149 | −0.089% | $26K | $638K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6167 | +0.203% | $66K | $536K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6150 | −0.065% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0232% | 1h | 0.6151 | −0.041% | $383 | — | 3x |
gTrade (Gains Network) PONS/USD
Nado PONS-PERP
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PONS_USDT | +0.0354% | 4h | 0.6148 | −0.097% | $5.5M | $6.6M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0388% | 4h | 0.6146 | −0.130% | $13.9M | $60.5M | 20x | as long as short |
| Lighter RH PONS | +0.0424% | 1h | 0.6151 | −0.052% | $426K | $2.7M | 3x | as long as short |
| Aster PONSUSDT | +0.0439% | 4h | 0.6154 | +0.004% | $1.1M | $2.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0486% | 4h | 0.6152 | −0.032% | $1.6M | $4.1M | 20x | as long as short |
| Variational Omni PONS | +0.0488% | 4h | 0.6153 | −0.013% | $1.5M | $4.2M | — | as long as short |
| Lighter PONS | +0.0488% | 1h | 0.6152 | −0.029% | $1.7M | $859K | 3x | as long as short |
| Hyperliquid PONS | +0.0497% | 1h | 0.6149 | −0.086% | $62.8M | $30.5M | 3x | as long as short |
| Pacifica PONS | +0.0572% | 1h | 0.6151 | −0.050% | $46K | $77K | 3x | as long as short |
| MEXC PONS_USDT | +0.0596% | 4h | 0.6152 | −0.032% | $7.8M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0596% | 4h | 0.6152 | −0.027% | $40.0M | $105.2M | 20x | as long as short |
| Extended PONS-USD | +0.0600% | 1h | 0.6149 | −0.089% | $103K | $827K | 5x | as long as short |
| edgeX PONSUSDC | +0.0603% | 4h | 0.6164 | +0.157% | $20K | $292K | 10x | as long as short |
| BingX PONS-USDT | +0.0654% | 4h | 0.6154 | 0.000% | — | $3.2M | — | as long as short |
| Bybit PONSUSDT | +0.0661% | 4h | 0.6153 | −0.016% | $18.4M | $33.0M | 20x | as long as short |
| Bitget PONSUSDT | +0.0682% | 4h | 0.6151 | −0.055% | $4.9M | $13.0M | 20x | as long as short |
| BloFin PONS-USDT | +0.0836% | 4h | 0.6155 | +0.016% | $1.8M | $1.1M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0973% | 1h | 0.6142 | −0.187% | $72K | $2.3M | 3x | as long as short |
| Injective PONS/USDC PERP | +0.1069% | 1h | 0.5938 | −3.502% | $610 | $10K | 5.5x | as long as short |
| Phoenix PONS | +0.1405% | 1h | 0.6162 | +0.130% | $47K | $127K | 3x | as long as short |
Gate PONS_USDT
OKX PONS-USDT-SWAP
Lighter RH PONS
Aster PONSUSDT
KuCoin PONSUSDTM
Variational Omni PONS
Lighter PONS
Hyperliquid PONS
Pacifica PONS
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
edgeX PONSUSDC
BingX PONS-USDT
Bybit PONSUSDT
Bitget PONSUSDT
BloFin PONS-USDT
Polymarket Perps PONS-USD
Injective PONS/USDC PERP
Phoenix PONS