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

PONS

all PONS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.101%
Price spread now: Extended against SunX−0.053%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3043.037% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.588%+$59 on $10k
Price spread, last 3 days (all we have)−1.067%−$107 · spread now −0.053%, 7d avg −0.067%
Together, before fees−0.479%+ Points / potential airdropExtended: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PONS-USDT0.59340.0100pay 0.0050% / 4h2h 57m$1.4M10x
ShortExtended PONS-USD0.59310.0192get 0.0024% / 1h57m 24s$106K$533K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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
$19.32
Price spread: −0.053% → −0.067%
$1.44
Slippage, 4 orders
−$290.66
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$282.9
Costs to cover
3.037%
Break-even
109.5 days
Slippage from SunX: live order book, 7 min ago; Extended: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago104.63 bp124.0 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 30 min ago11.93 bp27.2 bp −$27173.6 bp −$1,736doesn'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 +0.0032% / S −0.0034%1h0.5923−0.193%$217K150xas long as short
Injective PONS/USDC PERP+0.0066%1h0.5920−0.248%$609$6K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.5931−0.056%$21K$459K20xas long as short
Bybit PONSUSDT+0.0100%4h0.5925−0.157%$18.0M$31.4M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.5923−0.190%$13.6M$56.1M20xas long as short
KuCoin PONSUSDTM+0.0100%4h0.5927−0.125%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0100%4h0.5926−0.135%$4.6M$11.6M20xas long as short
Variational Omni PONS+0.0100%4h0.5963+0.477%$1.4M$4.3Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5963+0.490%$34K$326K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5934−0.013%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDTlong+0.0100%4h0.5934long leg$1.4M10x
SoDEX PONS-USD+0.0100%1h0.5938+0.062%$27K$539K3xas long as short
HTX PONS-USDT+0.0100%4h0.5948+0.238%$64K$504K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5934−0.005%$1.7M$3.3M20xas long as short
Aevo PONS-PERP+0.0128%1h0.5930−0.072%$3693xas long as short
Lighter RH PONS+0.0184%1h0.5942+0.133%$401K$2.5M3xas long as short
BingX PONS-USDT+0.0188%4h0.5928−0.106%$3.1Mas long as short
MEXC PONS_USDT+0.0190%4h0.5930−0.072%$7.8M$5.1M20xas long as short
Binance PONSUSDT+0.0191%4h0.5929−0.097%$38.7M$98.4M20xas long as short
Extended PONS-USDshort+0.0192%1h0.5931−0.053%$106K$533K5x
Nado PONS-PERP+0.0205%1h0.5934−0.003%$84K$100K5xas long as short
edgeX PONSUSDC+0.0206%4h0.5961+0.448%$21K$292K10xas long as short
Gate PONS_USDT+0.0258%4h0.5930−0.072%$5.2M$6.7M20xas long as short
Aster PONSUSDT+0.0264%4h0.5935+0.004%$1.1M$2.2M20xas long as short
Polymarket Perps PONS-USD+0.0327%1h0.5930−0.079%$38K$1.8M3xas long as short
BloFin PONS-USDT+0.0428%4h0.5967+0.551%$1.7M$996K20xas long as short
Pacifica PONS+0.0474%1h0.5934+0.001%$47K$102K3xas long as short
Hyperliquid PONS+0.0731%1h0.5933−0.027%$59.4M$29.7M3xas long as short
Lighter PONS+0.1208%1h0.5942+0.131%$1.7M$879K3xas long as short
Phoenix PONS+0.1232%1h0.5931−0.049%$27K$86K3xas long as short