Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.026%
Price spread now: Aevo against SoDEX0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.59910.0100pay 0.0013% / 1h8m 58s$27K$545K3x
ShortAevo PONS-PERP0.59910.0128get 0.0016% / 1h8m 58s$3733x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.88
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$18.12
Costs to cover
0.240%
Break-even
28.6 days
Slippage unknown: SoDEX: live order book, 10 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 10 min ago1.67 bp63.9 bp −$64doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0036%1h0.5984−0.119%$225K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−0.359%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.5992+0.017%$21K$439K20xas long as short
Bybit PONSUSDT+0.0100%4h0.5993+0.033%$18.0M$31.5M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.5994+0.050%$13.5M$56.4M20xas long as short
KuCoin PONSUSDTM+0.0100%4h0.5992+0.013%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0100%4h0.5996+0.090%$4.7M$11.6M20xas long as short
Variational Omni PONS+0.0100%4h0.5976−0.247%$1.4M$4.3Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5991+0.008%$35K$352K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5998+0.124%$3K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDT+0.0100%4h0.5996+0.075%$1.4M10xas long as short
SoDEX PONS-USDlong+0.0100%1h0.5991long leg$27K$545K3x
HTX PONS-USDT+0.0100%4h0.5998+0.120%$64K$506K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5988−0.050%$1.7M$3.3M20xas long as short
Aster PONSUSDT+0.0121%4h0.5988−0.047%$1.1M$2.2M20xas long as short
Aevo PONS-PERPshort+0.0128%1h0.59910.000%$3733x
Extended PONS-USD+0.0176%1h0.5995+0.067%$248K$667K5xas long as short
MEXC PONS_USDT+0.0176%4h0.5993+0.033%$7.8M$4.9M20xas long as short
Binance PONSUSDT+0.0179%4h0.5995+0.074%$39.0M$97.8M20xas long as short
BingX PONS-USDT+0.0182%4h0.5990−0.017%$3.1Mas long as short
edgeX PONSUSDC+0.0202%4h0.5981−0.171%$21K$292K10xas long as short
Nado PONS-PERP+0.0208%1h0.5993+0.033%$91K$103K5xas long as short
Lighter RH PONS+0.0264%1h0.5992+0.013%$423K$2.7M3xas long as short
BloFin PONS-USDT+0.0419%4h0.5988−0.050%$1.7M$979K20xas long as short
Pacifica PONS+0.0451%1h0.5989−0.029%$47K$96K3xas long as short
Polymarket Perps PONS-USD+0.0483%1h0.5992+0.023%$37K$1.7M3xas long as short
Lighter PONS+0.0624%1h0.5992+0.020%$1.7M$1.0M3xas long as short
Hyperliquid PONS+0.0680%1h0.5997+0.097%$60.7M$30.1M3xas long as short
Phoenix PONS+0.1398%1h0.5978−0.222%$30K$96K3xas long as short
Gate PONS_USDT+0.1500%4h0.5990−0.017%$5.2M$6.5M20xas long as short