Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.089%
Price spread now: Variational Omni against Popdex+1.436%7-day average −0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)−3.890%−$389 · spread now +1.436%, 7d avg −0.060%
=Together, before fees−3.758%+ Points / potential airdropVariational Omni: Active · farm board−$376 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 1.495% dearer against Popdex than usual: you sell high and buy low, +$150 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex PONSUSDT | 0.5818 | 0.0096 | pay 0.0012% / 1h | 46m 29s | $20K | $454K | 20x |
| Short | Variational Omni PONS | 0.5902 | 0.0100 | get 0.0050% / 4h | 2h 46m | $1.4M | $4.3M | — |
Popdex PONSUSDT
Variational Omni PONSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +1.436% → −0.060%
- $149.54
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $143.98
- Costs to cover
- 0.064%
- Break-even
- from the start
Slippage unknown: Popdex: live order book, 42 min ago; Variational Omni: RFQ quote, 3 min ago. 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, 42 min ago | 7.52 bp | 104.3 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 6.81 bp | doesn't fit | 47.6 bp −$476 | 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 +0.0032% / S −0.0034% | 1h | 0.5813 | −0.092% | $213K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | +1.746% | $609 | $6K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5820 | +0.033% | $392K | $2.6M | 3x | as long as short |
| Popdex PONSUSDTlong | +0.0096% | 1h | 0.5818 | long leg | $20K | $454K | 20x | |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5811 | −0.120% | $17.6M | $31.7M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5812 | −0.103% | $13.3M | $55.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5812 | −0.112% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5817 | −0.017% | $4.6M | $11.6M | 20x | as long as short |
| Variational Omni PONSshort | +0.0100% | 4h | 0.5902 | +1.436% | $1.4M | $4.3M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5913 | +1.636% | $34K | $327K | 5x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
ApeX Omni PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5829 | +0.194% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5871 | +0.911% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5872 | +0.925% | $27K | $536K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5886 | +1.167% | $64K | $503K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5876 | +0.997% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0120% | 1h | 0.5873 | +0.945% | $366 | — | 3x | as long as short |
| Binance PONSUSDT | +0.0151% | 4h | 0.5818 | +0.001% | $37.8M | $98.2M | 20x | as long as short |
| Extended PONS-USD | +0.0152% | 1h | 0.5820 | +0.026% | $104K | $529K | 5x | as long as short |
| MEXC PONS_USDT | +0.0154% | 4h | 0.5817 | −0.017% | $7.5M | $5.2M | 20x | as long as short |
| edgeX PONSUSDC | +0.0167% | 4h | 0.5883 | +1.124% | $21K | $294K | 10x | as long as short |
| BingX PONS-USDT | +0.0172% | 4h | 0.5816 | −0.034% | — | $3.1M | — | as long as short |
| Nado PONS-PERP | +0.0200% | 1h | 0.5816 | −0.032% | $88K | $103K | 5x | as long as short |
| Aster PONSUSDT | +0.0204% | 4h | 0.5824 | +0.095% | $1.1M | $2.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0286% | 1h | 0.5814 | −0.077% | $38K | $1.8M | 3x | as long as short |
| Gate PONS_USDT | +0.0318% | 4h | 0.5822 | +0.069% | $5.1M | $6.8M | 20x | as long as short |
| BloFin PONS-USDT | +0.0396% | 4h | 0.5878 | +1.031% | $1.7M | $962K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5818 | −0.003% | $46K | $102K | 3x | as long as short |
| Hyperliquid PONS | +0.0548% | 1h | 0.5817 | −0.022% | $58.1M | $29.9M | 3x | as long as short |
| Lighter PONS | +0.0656% | 1h | 0.5823 | +0.079% | $1.7M | $880K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5909 | +1.573% | $27K | $86K | 3x | as long as short |
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
edgeX PONSUSDC
BingX PONS-USDT
Nado PONS-PERP
Aster PONSUSDT
Polymarket Perps PONS-USD
Gate PONS_USDT
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Lighter PONS
Phoenix PONS