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 08:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.054%
Price spread now: BingX against Variational Omni+0.002%7-day average −0.003% · 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 4 days (all we have)+0.362%+$36 on $10k
Price spread, last 4 days (all we have)−1.642%−$164 · spread now +0.002%, 7d avg −0.003%
Together, before fees−1.280%+ Points / potential airdropVariational Omni: Active · farm board−$128 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.59160.0564pay 0.0282% / 4h1h 07m$1.4M$4.1M
ShortBingX PONS-USDT0.59160.0678get 0.0339% / 4h1h 07m$3.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$24.01
Price spread: +0.002% → −0.003%
$0.43
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$14.44
Costs to cover
0.100%
Break-even
2.8 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; BingX: live order book, 12 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, 1 min ago6.76 bpdoesn't fit47.3 bp −$473doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago0.84 bp12.0 bp −$1229.7 bp −$297111.9 bp −$11.2Kdoesn'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 −0.0030%1h0.5913−0.042%$242K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5938+0.382%$610$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.5918+0.044%$410K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.5916+0.002%$22K$420K20xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5925+0.147%$2K$3K10xas long as short
Nado PONS-PERP+0.0100%1h0.5917+0.012%$69K$130K5xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5921+0.083%$29K$314K5xas long as short
SunX PONS-USDT+0.0100%4h0.5920+0.069%$1.2M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5920+0.069%$26K$581K3xas long as short
HTX PONS-USDT+0.0100%4h0.5920+0.071%$64K$526K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.5918+0.035%$1.6M$3.2M20xas long as short
Aevo PONS-PERP+0.0200%1h0.5920+0.064%$3693xas long as short
Hyperliquid PONS+0.0295%1h0.5921+0.088%$60.1M$29.5M3xas long as short
OKX PONS-USDT-SWAP+0.0409%4h0.5917+0.018%$13.4M$55.3M20xas long as short
Aster PONSUSDT+0.0448%4h0.5917+0.024%$1.1M$2.2M20xas long as short
Binance PONSUSDT+0.0483%4h0.5918+0.035%$37.3M$97.9M20xas long as short
MEXC PONS_USDT+0.0486%4h0.5918+0.035%$7.6M$4.8M20xas long as short
Extended PONS-USD+0.0488%1h0.5917+0.024%$101K$807K5xas long as short
edgeX PONSUSDC+0.0497%4h0.5920+0.074%$20K$289K10xas long as short
Pacifica PONS+0.0556%1h0.5917+0.011%$45K$68K3xas long as short
Variational Omni PONSlong+0.0564%4h0.5916long leg$1.4M$4.1M
KuCoin PONSUSDTM+0.0600%4h0.5920+0.069%$1.6M$3.8M20xas long as short
Polymarket Perps PONS-USD+0.0639%1h0.5918+0.040%$87K$1.9M3xas long as short
BingX PONS-USDTshort+0.0678%4h0.5916+0.002%$3.0M
Bybit PONSUSDT+0.0679%4h0.5916+0.002%$17.5M$31.2M20xas long as short
Bitget PONSUSDT+0.0680%4h0.5923+0.120%$4.7M$12.2M20xas long as short
BloFin PONS-USDT+0.0728%4h0.5917+0.018%$1.7M$941K20xas long as short
Gate PONS_USDT+0.0786%4h0.5916+0.002%$5.3M$6.3M20xas long as short
Lighter PONS+0.0888%1h0.5922+0.105%$1.6M$832K3xas long as short
Phoenix PONS+0.1472%1h0.5921+0.084%$45K$127K3xas long as short