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 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.069%
Price spread now: ApeX Omni against Variational Omni−0.013%7-day average +0.091% · 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)−0.128%−$13 on $10k
Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.013%, 7d avg +0.091%
Together, before fees+0.098%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.104% cheaper against Variational Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.60430.0100pay 0.0050% / 4h2h 30m$1.4M$4.0M
ShortApeX Omni PONSUSDT0.60420.0100get 0.0013% / 1h30m 56s$33K$354K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 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: −0.013% → +0.091%
−$10.38
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$20.38
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; ApeX Omni: live order book, 36 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 Variational Omni RFQ quote, 3 min ago4.14 bpdoesn't fit39.0 bp −$390doesn't fitdoesn't fit
Sell ApeX Omni live order book, 36 min ago28.39 bp50.9 bp −$51137.0 bp −$1,370doesn't fitdoesn't fit

PONS on 29 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 −0.0033%1h0.6032−0.180%$239K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−1.209%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6042−0.009%$20K$424K20xas long as short
Variational Omni PONSlong+0.0100%4h0.6043long leg$1.4M$4.0M
ApeX Omni PONSUSDTshort+0.0100%1h0.6042−0.013%$33K$354K5x
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6044+0.024%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6044+0.017%$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6036−0.105%$26K$518K3xas long as short
HTX PONS-USDT+0.0100%4h0.6049+0.115%$65K$510K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6037−0.092%$1.7M$3.2M20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PONS-PERP+0.0184%1h0.6040−0.034%$3763xas long as short
Lighter RH PONS+0.0192%1h0.6039−0.061%$420K$2.5M3xas long as short
KuCoin PONSUSDTM+0.0214%4h0.6032−0.168%$1.7M$3.7M20xas long as short
OKX PONS-USDT-SWAP+0.0218%4h0.6032−0.175%$13.8M$55.2M20xas long as short
Bybit PONSUSDT+0.0247%4h0.6031−0.191%$18.1M$30.6M20xas long as short
Nado PONS-PERP+0.0253%1h0.6048+0.090%$71K$131K5xas long as short
Bitget PONSUSDT+0.0300%4h0.6035−0.133%$4.7M$11.3M20xas long as short
Lighter PONS+0.0320%1h0.6039−0.061%$1.7M$884K3xas long as short
Aster PONSUSDT+0.0350%4h0.6036−0.106%$1.1M$2.0M20xas long as short
BingX PONS-USDT+0.0396%4h0.6036−0.109%$3.0Mas long as short
Extended PONS-USD+0.0400%1h0.6032−0.176%$250K$676K5xas long as short
Binance PONSUSDT+0.0403%4h0.6034−0.141%$39.6M$95.5M20xas long as short
MEXC PONS_USDT+0.0406%4h0.6035−0.125%$7.8M$4.7M20xas long as short
edgeX PONSUSDC+0.0414%4h0.6039−0.055%$21K$293K10xas long as short
Gate PONS_USDT+0.0570%4h0.6030−0.208%$5.3M$6.1M20xas long as short
Hyperliquid PONS+0.0687%1h0.6035−0.125%$61.4M$28.2M3xas long as short
Polymarket Perps PONS-USD+0.0740%1h0.6041−0.032%$45K$1.5M3xas long as short
Pacifica PONS+0.0869%1h0.6046+0.055%$48K$75K3xas long as short
Phoenix PONS+0.1695%1h0.6038−0.084%$31K$107K3xas long as short