Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.068%
Price spread now: Nado against Popdex−0.017%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$2962.964% of the position
Funding, last 3 days (all we have)+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.017%, 7d avg −0.010%
=Together, before fees+0.309%+ Points / potential airdropNado: Active · farm board+$31 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex PONSUSDT | 0.5935 | 0.0096 | pay 0.0012% / 1h | 56m 31s | $21K | $417K | 20x |
| Short | Nado PONS-PERP | 0.5934 | 0.0100 | get 0.0012% / 1h | 56m 31s | $69K | $130K | 5x |
Popdex PONSUSDT
Nado PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $0.84
- Price spread: −0.017% → −0.010%
- −$0.69
- Slippage, 4 orders
- −$290
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Nado: 0 bp × 2 orders
- $0
- Net
- −$296.24
- Costs to cover
- 2.964%
- Break-even
- 2475.7 days
Slippage from Popdex: live order book, 57 min ago; Nado: live order book, 47 min ago.
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, 57 min ago | 6.36 bp | 81.2 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 47 min ago | 14.57 bp | 49.0 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
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 +0.0033% / S −0.0032% | 1h | 0.5931 | −0.075% | $236K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.581% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5930 | −0.079% | $418K | $2.5M | 3x | as long as short |
| Popdex PONSUSDTlong | +0.0096% | 1h | 0.5935 | long leg | $21K | $417K | 20x | |
| Nado PONS-PERPshort | +0.0100% | 1h | 0.5934 | −0.017% | $69K | $130K | 5x | |
| Gate PONS_USDT | +0.0100% | 4h | 0.5926 | −0.152% | $5.2M | $6.2M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5914 | −0.356% | $34K | $335K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5937 | +0.035% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5938 | +0.054% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5942 | +0.115% | $26K | $543K | 3x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Gate PONS_USDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | +0.0100% | 4h | 0.5951 | +0.270% | $65K | $513K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5944 | +0.152% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.5932 | −0.050% | $370 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0380% | 4h | 0.5934 | −0.017% | $13.4M | $54.8M | 20x | as long as short |
| Hyperliquid PONS | +0.0385% | 1h | 0.5933 | −0.030% | $60.1M | $28.9M | 3x | as long as short |
| Variational Omni PONS | +0.0495% | 4h | 0.5904 | −0.523% | $1.4M | $4.1M | — | as long as short |
| Aster PONSUSDT | +0.0503% | 4h | 0.5936 | +0.012% | $1.1M | $2.2M | 20x | as long as short |
| Bitget PONSUSDT | +0.0548% | 4h | 0.5937 | +0.035% | $4.6M | $11.7M | 20x | as long as short |
| MEXC PONS_USDT | +0.0610% | 4h | 0.5934 | −0.017% | $7.6M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0614% | 4h | 0.5909 | −0.443% | $18K | $294K | 10x | as long as short |
| Binance PONSUSDT | +0.0621% | 4h | 0.5935 | 0.000% | $38.8M | $94.7M | 20x | as long as short |
| Extended PONS-USD | +0.0624% | 1h | 0.5932 | −0.043% | $106K | $807K | 5x | as long as short |
| Lighter PONS | +0.0656% | 1h | 0.5932 | −0.049% | $1.6M | $884K | 3x | as long as short |
| Pacifica PONS | +0.0715% | 1h | 0.5933 | −0.030% | $46K | $68K | 3x | as long as short |
| BingX PONS-USDT | +0.0738% | 4h | 0.5933 | −0.034% | — | $3.0M | — | as long as short |
| KuCoin PONSUSDTM | +0.0746% | 4h | 0.5934 | −0.017% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0824% | 1h | 0.5934 | −0.017% | $88K | $1.7M | 3x | as long as short |
| Bybit PONSUSDT | +0.0828% | 4h | 0.5934 | −0.017% | $17.8M | $31.0M | 20x | as long as short |
| BloFin PONS-USDT | +0.0850% | 4h | 0.5942 | +0.118% | $1.7M | $946K | 20x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.5915 | −0.335% | $45K | $121K | 3x | as long as short |
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
OKX PONS-USDT-SWAP
Hyperliquid PONS
Variational Omni PONS
Aster PONSUSDT
Bitget PONSUSDT
MEXC PONS_USDT
edgeX PONSUSDC
Binance PONSUSDT
Extended PONS-USD
Lighter PONS
Pacifica PONS
BingX PONS-USDT
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
Bybit PONSUSDT
BloFin PONS-USDT
Phoenix PONS