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

PONS

all PONS markets
SwapBacktest
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: SunX against SoDEX+0.030%7-day average +0.043% · 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)−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.233%+$23 · spread now +0.030%, 7d avg +0.043%
Together, before fees+0.229%+$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.60280.0100pay 0.0013% / 1h54m 18s$26K$538K3x
ShortSunX PONS-USDT0.60300.0100get 0.0050% / 4h3h 54m$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.030% → +0.043%
−$1.3
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$17.3
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 64 min ago; SunX: live order book, 10 min ago. 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 SunX live order book, 10 min ago105.13 bp125.6 bp −$126doesn't fitdoesn't fitdoesn't fit

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%1h0.6019−0.149%$239K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−0.979%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6028−0.008%$21K$435K20xas long as short
Nado PONS-PERP+0.0100%1h0.6030+0.017%$71K$129K5xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6018−0.168%$35K$345K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6026−0.038%$2K$3K10xas long as short
SunX PONS-USDTshort+0.0100%4h0.6030+0.030%$1.3M10x
SoDEX PONS-USDlong+0.0100%1h0.6028long leg$26K$538K3x
HTX PONS-USDT+0.0100%4h0.6023−0.093%$65K$512K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6025−0.058%$1.7M$3.2M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PONS-PERP+0.0232%1h0.6029+0.008%$3763xas long as short
Variational Omni PONS+0.0298%4h0.6012−0.275%$1.4M$3.9Mas long as short
OKX PONS-USDT-SWAP+0.0328%4h0.6025−0.058%$13.7M$55.6M20xas long as short
Aster PONSUSDT+0.0465%4h0.6033+0.079%$1.1M$2.1M20xas long as short
Lighter PONS+0.0480%1h0.6029+0.013%$1.7M$890K3xas long as short
Bitget PONSUSDT+0.0502%4h0.6030+0.030%$4.6M$11.6M20xas long as short
Lighter RH PONS+0.0568%1h0.6026−0.035%$413K$2.5M3xas long as short
BingX PONS-USDT+0.0572%4h0.6033+0.075%$3.0Mas long as short
edgeX PONSUSDC+0.0597%4h0.6009−0.326%$18K$292K10xas long as short
MEXC PONS_USDT+0.0600%4h0.6030+0.025%$7.6M$4.7M20xas long as short
Binance PONSUSDT+0.0614%4h0.6030+0.025%$39.4M$95.4M20xas long as short
Extended PONS-USD+0.0616%1h0.6026−0.036%$108K$813K5xas long as short
Bybit PONSUSDT+0.0636%4h0.6027−0.025%$18.0M$30.9M20xas long as short
Gate PONS_USDT+0.0640%4h0.6020−0.141%$5.2M$6.1M20xas long as short
KuCoin PONSUSDTM+0.0698%4h0.6030+0.025%$1.6M$3.8M20xas long as short
Hyperliquid PONS+0.0748%1h0.6026−0.041%$61.6M$28.3M3xas long as short
Polymarket Perps PONS-USD+0.0832%1h0.6029+0.012%$73K$1.6M3xas long as short
BloFin PONS-USDT+0.0841%4h0.6044+0.257%$1.8M$963K20xas long as short
Pacifica PONS+0.1081%1h0.6035+0.105%$48K$67K3xas long as short
Phoenix PONS+0.1736%1h0.6005−0.383%$38K$109K3xas long as short