Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against SoDEX−0.126%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.126% cheaper against SoDEX than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PONS-USD | 0.6046 | 0.0100 | pay 0.0013% / 1h | 55m 03s | $26K | $538K | 3x |
| Short | Orderly PERP_PONS_USDC_mythos | 0.6038 | 0.0100 | get 0.0050% / 4h | 3h 55m | $2K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.126% → 0.000%
- −$12.57
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$26.57
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 64 min ago; Orderly: 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 SoDEX live order book, 64 min ago | 1.01 bp | 61.4 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 +0.0033% / S −0.0032% | 1h | 0.6032 | −0.230% | $240K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.257% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6039 | −0.108% | $21K | $435K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6033 | −0.207% | $71K | $129K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6018 | −0.448% | $35K | $345K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythosshort | +0.0100% | 4h | 0.6038 | −0.126% | $2K | $3K | 10x | |
| SunX PONS-USDT | +0.0100% | 4h | 0.6030 | −0.255% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USDlong | +0.0100% | 1h | 0.6046 | long leg | $26K | $538K | 3x | |
| HTX PONS-USDT | +0.0100% | 4h | 0.6049 | +0.051% | $66K | $512K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6049 | +0.058% | $1.7M | $3.2M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | +0.0232% | 1h | 0.6036 | −0.162% | $376 | — | 3x | as long as short |
| Variational Omni PONS | +0.0298% | 4h | 0.6012 | −0.555% | $1.4M | $3.9M | — | as long as short |
| OKX PONS-USDT-SWAP | +0.0327% | 4h | 0.6032 | −0.223% | $13.7M | $55.7M | 20x | as long as short |
| Aster PONSUSDT | +0.0450% | 4h | 0.6040 | −0.097% | $1.1M | $2.1M | 20x | as long as short |
| Bitget PONSUSDT | +0.0498% | 4h | 0.6038 | −0.126% | $4.6M | $11.6M | 20x | as long as short |
| Bybit PONSUSDT | +0.0564% | 4h | 0.6032 | −0.223% | $18.0M | $30.9M | 20x | as long as short |
| Lighter RH PONS | +0.0568% | 1h | 0.6040 | −0.093% | $414K | $2.5M | 3x | as long as short |
| BingX PONS-USDT | +0.0572% | 4h | 0.6051 | +0.091% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0597% | 4h | 0.6009 | −0.606% | $18K | $292K | 10x | as long as short |
| Lighter PONS | +0.0600% | 1h | 0.6040 | −0.093% | $1.7M | $890K | 3x | as long as short |
| Extended PONS-USD | +0.0600% | 1h | 0.6034 | −0.185% | $108K | $813K | 5x | as long as short |
| MEXC PONS_USDT | +0.0600% | 4h | 0.6048 | +0.041% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0601% | 4h | 0.6046 | +0.008% | $39.6M | $95.3M | 20x | as long as short |
| Gate PONS_USDT | +0.0690% | 4h | 0.6033 | −0.207% | $5.3M | $6.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0694% | 4h | 0.6048 | +0.050% | $1.6M | $3.8M | 20x | as long as short |
| Hyperliquid PONS | +0.0778% | 1h | 0.6047 | +0.018% | $61.8M | $28.5M | 3x | as long as short |
| BloFin PONS-USDT | +0.0841% | 4h | 0.6044 | −0.025% | $1.8M | $963K | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0872% | 1h | 0.6041 | −0.081% | $73K | $1.6M | 3x | as long as short |
| Pacifica PONS | +0.1081% | 1h | 0.6034 | −0.195% | $48K | $67K | 3x | as long as short |
| Phoenix PONS | +0.1736% | 1h | 0.6005 | −0.663% | $38K | $109K | 3x | as long as short |
SoDEX PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
HTX PONS-USDT
Phemex PONSUSDT
Variational Omni PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
Bitget PONSUSDT
Bybit PONSUSDT
Lighter RH PONS
BingX PONS-USDT
edgeX PONSUSDC
Lighter PONS
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
Gate PONS_USDT
KuCoin PONSUSDTM
Hyperliquid PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Pacifica PONS
Phoenix PONS