Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Popdex against SunX−0.039%7-day average −0.033% · 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−$462as in the Price arb table
costs, in and out, $10k−$4614.611% of the position
Funding, last 3 days (all we have)−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.476%−$48 · spread now −0.039%, 7d avg −0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PONS-USDT | 0.5898 | 0.0100 | pay 0.0050% / 4h | 2h 34m | — | $1.4M | 10x |
| Short | Popdex PONSUSDT | 0.5896 | 0.0096 | get 0.0012% / 1h | 34m 52s | $21K | $447K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against SunX. 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
- −$0.84
- Price spread: −0.039% → −0.033%
- −$0.64
- Slippage, 4 orders
- −$446.72
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$462.61
- Costs to cover
- 4.611%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Popdex: live order book, 54 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 SunX live order book, 9 min ago | 106.37 bp | 125.4 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Popdex live order book, 54 min ago | 7.52 bp | 104.8 bp −$105 | doesn't fit | 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 +0.0032% / S −0.0034% | 1h | 0.5891 | −0.130% | $216K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | +0.361% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDTshort | +0.0096% | 1h | 0.5896 | −0.039% | $21K | $447K | 20x | |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5896 | −0.039% | $17.7M | $31.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5900 | +0.029% | $13.4M | $56.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5896 | −0.034% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5904 | +0.100% | $4.6M | $11.7M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5865 | −0.560% | $1.3M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5866 | −0.546% | $34K | $330K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5897 | −0.024% | $2K | $3K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDTlong | +0.0100% | 4h | 0.5898 | long leg | — | $1.4M | 10x | |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5896 | −0.044% | $27K | $549K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5900 | +0.036% | $64K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5894 | −0.073% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0120% | 1h | 0.5893 | −0.086% | $367 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0148% | 1h | 0.5895 | −0.056% | $89K | $103K | 5x | as long as short |
| Gate PONS_USDT | +0.0148% | 4h | 0.5890 | −0.141% | $5.1M | $6.8M | 20x | as long as short |
| BingX PONS-USDT | +0.0154% | 4h | 0.5900 | +0.029% | — | $3.1M | — | as long as short |
| MEXC PONS_USDT | +0.0160% | 4h | 0.5900 | +0.029% | $7.5M | $5.2M | 20x | as long as short |
| edgeX PONSUSDC | +0.0163% | 4h | 0.5834 | −1.099% | $20K | $292K | 10x | as long as short |
| Extended PONS-USD | +0.0168% | 1h | 0.5900 | +0.034% | $105K | $533K | 5x | as long as short |
| Binance PONSUSDT | +0.0169% | 4h | 0.5902 | +0.063% | $38.3M | $98.3M | 20x | as long as short |
| Aster PONSUSDT | +0.0197% | 4h | 0.5895 | −0.064% | $1.1M | $2.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0338% | 1h | 0.5897 | −0.024% | $38K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0409% | 4h | 0.5900 | +0.029% | $1.7M | $968K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5887 | −0.185% | $47K | $103K | 3x | as long as short |
| Hyperliquid PONS | +0.0558% | 1h | 0.5903 | +0.073% | $59.0M | $30.0M | 3x | as long as short |
| Lighter RH PONS | +0.0576% | 1h | 0.5895 | −0.056% | $394K | $2.6M | 3x | as long as short |
| Lighter PONS | +0.1056% | 1h | 0.5895 | −0.049% | $1.7M | $881K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5836 | −1.049% | $27K | $86K | 3x | as long as short |
SunX PONS-USDT
Popdex PONSUSDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Gate PONS_USDT
BingX PONS-USDT
MEXC PONS_USDT
edgeX PONSUSDC
Extended PONS-USD
Binance PONSUSDT
Aster PONSUSDT
Polymarket Perps PONS-USD
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Lighter RH PONS
Lighter PONS
Phoenix PONS