Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.061%
Price spread now: Aevo against Variational Omni+0.275%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.275% dearer against Variational Omni than usual: you sell high and buy low: +$27 more if the spread 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 | Variational Omni PONS | 0.5819 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $1.3M | $4.3M | — |
| Short | Aevo PONS-PERP | 0.5835 | 0.0120 | get 0.0015% / 1h | 40m 17s | $363 | — | 3x |
Variational Omni PONS
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Variational Omni. 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
- $4.2
- Price spread: +0.275% → 0.000%
- $27.48
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $15.68
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aevo: 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 Variational Omni RFQ quote, 4 min ago | 4.31 bp | doesn't fit | 38.8 bp −$388 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 +0.0032% / S −0.0034% | 1h | 0.5833 | +0.257% | $214K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | +1.737% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5837 | +0.317% | $21K | $448K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5839 | +0.352% | $17.6M | $31.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5842 | +0.403% | $13.3M | $55.5M | 20x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5834 | +0.266% | $5.1M | $6.8M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5835 | +0.287% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5845 | +0.450% | $4.6M | $11.7M | 20x | as long as short |
| Variational Omni PONSlong | +0.0100% | 4h | 0.5819 | long leg | $1.3M | $4.3M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5808 | −0.186% | $34K | $328K | 5x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
Gate PONS_USDT
KuCoin PONSUSDTM
Bitget PONSUSDT
ApeX Omni PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5843 | +0.422% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5846 | +0.472% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5843 | +0.417% | $27K | $549K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5825 | +0.115% | $63K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5819 | +0.008% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0120% | 1h | 0.5835 | +0.275% | $363 | — | 3x | |
| BingX PONS-USDT | +0.0140% | 4h | 0.5841 | +0.386% | — | $3.1M | — | as long as short |
| MEXC PONS_USDT | +0.0150% | 4h | 0.5839 | +0.352% | $7.5M | $5.2M | 20x | as long as short |
| Binance PONSUSDT | +0.0151% | 4h | 0.5840 | +0.366% | $38.0M | $98.3M | 20x | as long as short |
| Extended PONS-USD | +0.0152% | 1h | 0.5840 | +0.376% | $104K | $531K | 5x | as long as short |
| edgeX PONSUSDC | +0.0158% | 4h | 0.5808 | −0.185% | $20K | $294K | 10x | as long as short |
| Aster PONSUSDT | +0.0172% | 4h | 0.5829 | +0.177% | $1.1M | $2.2M | 20x | as long as short |
| Nado PONS-PERP | +0.0173% | 1h | 0.5834 | +0.268% | $88K | $103K | 5x | as long as short |
| Lighter RH PONS | +0.0288% | 1h | 0.5830 | +0.202% | $389K | $2.6M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0330% | 1h | 0.5839 | +0.355% | $38K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0391% | 4h | 0.5819 | +0.008% | $1.7M | $956K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5836 | +0.294% | $46K | $102K | 3x | as long as short |
| Hyperliquid PONS | +0.0581% | 1h | 0.5841 | +0.379% | $58.3M | $30.1M | 3x | as long as short |
| Lighter PONS | +0.0816% | 1h | 0.5834 | +0.268% | $1.7M | $881K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5873 | +0.940% | $27K | $86K | 3x | as long as short |
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
BingX PONS-USDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
edgeX PONSUSDC
Aster PONSUSDT
Nado PONS-PERP
Lighter RH PONS
Polymarket Perps PONS-USD
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Lighter PONS
Phoenix PONS