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

PONS

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Alert: funding
Alert: spread
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
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
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.60460.0100pay 0.0013% / 1h55m 03s$26K$538K3x
ShortOrderly PERP_PONS_USDC_mythos0.60380.0100get 0.0050% / 4h3h 55m$2K$3K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 64 min ago1.01 bp61.4 bp −$61doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0032%1h0.6032−0.230%$240K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−1.257%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6039−0.108%$21K$435K20xas long as short
Nado PONS-PERP+0.0100%1h0.6033−0.207%$71K$129K5xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6018−0.448%$35K$345K5xas long as short
Orderly PERP_PONS_USDC_mythosshort+0.0100%4h0.6038−0.126%$2K$3K10x
SunX PONS-USDT+0.0100%4h0.6030−0.255%$1.3M10xas long as short
SoDEX PONS-USDlong+0.0100%1h0.6046long leg$26K$538K3x
HTX PONS-USDT+0.0100%4h0.6049+0.051%$66K$512K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6049+0.058%$1.7M$3.2M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PONS-PERP+0.0232%1h0.6036−0.162%$3763xas long as short
Variational Omni PONS+0.0298%4h0.6012−0.555%$1.4M$3.9Mas long as short
OKX PONS-USDT-SWAP+0.0327%4h0.6032−0.223%$13.7M$55.7M20xas long as short
Aster PONSUSDT+0.0450%4h0.6040−0.097%$1.1M$2.1M20xas long as short
Bitget PONSUSDT+0.0498%4h0.6038−0.126%$4.6M$11.6M20xas long as short
Bybit PONSUSDT+0.0564%4h0.6032−0.223%$18.0M$30.9M20xas long as short
Lighter RH PONS+0.0568%1h0.6040−0.093%$414K$2.5M3xas long as short
BingX PONS-USDT+0.0572%4h0.6051+0.091%$3.0Mas long as short
edgeX PONSUSDC+0.0597%4h0.6009−0.606%$18K$292K10xas long as short
Lighter PONS+0.0600%1h0.6040−0.093%$1.7M$890K3xas long as short
Extended PONS-USD+0.0600%1h0.6034−0.185%$108K$813K5xas long as short
MEXC PONS_USDT+0.0600%4h0.6048+0.041%$7.6M$4.7M20xas long as short
Binance PONSUSDT+0.0601%4h0.6046+0.008%$39.6M$95.3M20xas long as short
Gate PONS_USDT+0.0690%4h0.6033−0.207%$5.3M$6.1M20xas long as short
KuCoin PONSUSDTM+0.0694%4h0.6048+0.050%$1.6M$3.8M20xas long as short
Hyperliquid PONS+0.0778%1h0.6047+0.018%$61.8M$28.5M3xas long as short
BloFin PONS-USDT+0.0841%4h0.6044−0.025%$1.8M$963K20xas long as short
Polymarket Perps PONS-USD+0.0872%1h0.6041−0.081%$73K$1.6M3xas long as short
Pacifica PONS+0.1081%1h0.6034−0.195%$48K$67K3xas long as short
Phoenix PONS+0.1736%1h0.6005−0.663%$38K$109K3xas long as short