Funding you earn now, next payment 03:00 UTC+0.0420%/8h= +46.0% APRnext payment +$0.52 per $10,000 · paid last 24h +0.086%
Price spread now: Extended against SoDEX−0.262%7-day average −0.024% · 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−$203as in the Price arb table
costs, in and out, $10k−$1801.796% of the position
Funding, last 3 days (all we have)+0.306%+$31 on $10k
+Price spread, last 4 days (all we have)−0.383%−$38 · spread now −0.262%, 7d avg −0.024%
=Together, before fees−0.077%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.238% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.262% now, against its 7-day average of −0.024%). If the spread goes back, that is −$24 on $10k: about 45 hours of funding at the current rate (+$13 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PONS-USD | 0.6038 | 0.0100 | pay 0.0013% / 1h | 13m 21s | $26K | $521K | 3x |
| Short | Extended PONS-USD | 0.6022 | 0.0520 | get 0.0065% / 1h | 13m 21s | $249K | $671K | 5x |
SoDEX PONS-USD
Extended PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SoDEX. 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
- $88.2
- Price spread: −0.262% → −0.024%
- −$23.75
- Slippage, 4 orders
- −$166.55
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$115.11
- Costs to cover
- 1.796%
- Break-even
- 16.1 days
Slippage from SoDEX: live order book, 50 min ago; Extended: live order book, 50 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 SoDEX live order book, 50 min ago | 2.14 bp | 66.4 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 50 min ago | 10.07 bp | 23.6 bp −$24 | 184.6 bp −$1,846 | 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 −0.0033% | 1h | 0.6014 | −0.386% | $238K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.131% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6033 | −0.079% | $21K | $435K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6020 | −0.295% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6029 | −0.141% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6056 | +0.308% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USDlong | +0.0100% | 1h | 0.6038 | long leg | $26K | $521K | 3x | |
| HTX PONS-USDT | +0.0100% | 4h | 0.6053 | +0.248% | $64K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6026 | −0.195% | $1.7M | $3.2M | 20x | as long as short |
| Variational Omni PONS | +0.0178% | 4h | 0.6039 | +0.017% | $1.4M | $3.9M | — | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
HTX PONS-USDT
Phemex PONSUSDT
Variational Omni PONSShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PONS_USDT | +0.0196% | 4h | 0.6029 | −0.146% | $5.3M | $6.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0208% | 1h | 0.6024 | −0.237% | $375 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0208% | 1h | 0.6030 | −0.130% | $71K | $129K | 5x | as long as short |
| Lighter RH PONS | +0.0280% | 1h | 0.6028 | −0.162% | $418K | $2.5M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0308% | 4h | 0.6020 | −0.295% | $13.7M | $55.0M | 20x | as long as short |
| Lighter PONS | +0.0328% | 1h | 0.6027 | −0.179% | $1.7M | $876K | 3x | as long as short |
| Bitget PONSUSDT | +0.0408% | 4h | 0.6025 | −0.214% | $4.7M | $11.4M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0444% | 4h | 0.6031 | −0.116% | $1.7M | $3.7M | 20x | as long as short |
| Aster PONSUSDT | +0.0453% | 4h | 0.6027 | −0.176% | $1.1M | $2.1M | 20x | as long as short |
| Bybit PONSUSDT | +0.0481% | 4h | 0.6019 | −0.311% | $18.0M | $30.6M | 20x | as long as short |
| BingX PONS-USDT | +0.0488% | 4h | 0.6024 | −0.229% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0512% | 4h | 0.6021 | −0.270% | $18K | $294K | 10x | as long as short |
| Extended PONS-USDshort | +0.0520% | 1h | 0.6022 | −0.262% | $249K | $671K | 5x | |
| MEXC PONS_USDT | +0.0520% | 4h | 0.6028 | −0.162% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0532% | 4h | 0.6024 | −0.229% | $39.7M | $94.6M | 20x | as long as short |
| Hyperliquid PONS | +0.0742% | 1h | 0.6034 | −0.071% | $61.5M | $27.9M | 3x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.6024 | −0.232% | $47K | $70K | 3x | as long as short |
| BloFin PONS-USDT | +0.0762% | 4h | 0.6053 | +0.252% | $1.7M | $971K | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0846% | 1h | 0.6032 | −0.096% | $69K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.6022 | −0.263% | $31K | $98K | 3x | as long as short |
Gate PONS_USDT
Aevo PONS-PERP
Nado PONS-PERP
Lighter RH PONS
OKX PONS-USDT-SWAP
Lighter PONS
Bitget PONSUSDT
KuCoin PONSUSDTM
Aster PONSUSDT
Bybit PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Hyperliquid PONS
Pacifica PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Phoenix PONS