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 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h −0.032%
Price spread now: Aster against Variational Omni+0.265%7-day average −0.009% · 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)−0.015%−$1 on $10k
Price spread, last 7 days−0.331%−$33 · spread now +0.265%, 7d avg −0.009%
Together, before fees−0.346%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.274% dearer against Variational Omni than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.61210.0100pay 0.0050% / 4h37m 02s$1.4M$4.2M
ShortAster PONSUSDT0.61370.0178get 0.0089% / 4h37m 02s$1.1M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$16.38
Price spread: +0.265% → −0.009%
$27.42
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$35.8
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aster: live order book, 1 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, 2 min ago4.09 bpdoesn't fit40.1 bp −$401doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago3.26 bp11.8 bp −$1232.4 bp −$324doesn'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
Injective PONS/USDC PERP−0.0047%1h0.5969−2.471%$614$10K5.5xas long as short
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0034%1h0.6127+0.102%$237K150xas long as short
Popdex PONSUSDT+0.0096%1h0.6140+0.315%$20K$441K20xas long as short
Nado PONS-PERP+0.0100%1h0.6136+0.249%$88K$107K5xas long as short
Bybit PONSUSDT+0.0100%4h0.6128+0.119%$18.5M$31.6M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.6129+0.135%$14.0M$58.3M20xas long as short
Variational Omni PONSlong+0.0100%4h0.6121long leg$1.4M$4.2M
ApeX Omni PONSUSDT+0.0100%1h0.6114−0.115%$33K$359K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6138+0.279%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6138+0.289%$1.4M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX PONS-USD+0.0100%1h0.6131+0.171%$28K$546K3xas long as short
HTX PONS-USDT+0.0100%4h0.6159+0.622%$65K$508K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6136+0.249%$1.7M$3.3M20xas long as short
Lighter RH PONS+0.0120%1h0.6133+0.200%$427K$2.6M3xas long as short
KuCoin PONSUSDTM+0.0128%4h0.6128+0.119%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0136%4h0.6132+0.179%$4.8M$11.7M20xas long as short
Aevo PONS-PERP+0.0152%1h0.6131+0.168%$3823xas long as short
Aster PONSUSDTshort+0.0178%4h0.6137+0.265%$1.1M$2.2M20x
Lighter PONS+0.0288%1h0.6134+0.217%$1.7M$922K3xas long as short
MEXC PONS_USDT+0.0294%4h0.6133+0.200%$8.1M$4.9M20xas long as short
Binance PONSUSDT+0.0295%4h0.6133+0.200%$40.2M$98.9M20xas long as short
Extended PONS-USD+0.0296%1h0.6131+0.167%$253K$682K5xas long as short
BingX PONS-USDT+0.0300%4h0.6128+0.119%$3.0Mas long as short
edgeX PONSUSDC+0.0315%4h0.6106−0.237%$21K$293K10xas long as short
BloFin PONS-USDT+0.0535%4h0.6135+0.233%$1.8M$1.0M20xas long as short
Polymarket Perps PONS-USD+0.0694%1h0.6140+0.308%$42K$1.7M3xas long as short
Pacifica PONS+0.0899%1h0.6134+0.223%$48K$96K3xas long as short
Hyperliquid PONS+0.0946%1h0.6134+0.213%$62.3M$30.3M3xas long as short
Phoenix PONS+0.1307%1h0.6125+0.066%$31K$102K3xas long as short
Gate PONS_USDT+0.2170%4h0.6127+0.102%$5.4M$6.3M20xas long as short