Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Variational Omni+0.037%7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.270%+$27 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now +0.037%, 7d avg +0.048%
=Together, before fees+0.183%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PONS | 0.5911 | 0.0440 | pay 0.0220% / 4h | 3h 08m | $1.4M | $4.0M | — |
| Short | Bitget PONSUSDT | 0.5914 | 0.0536 | get 0.0268% / 4h | 3h 08m | $4.6M | $11.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $20.11
- Price spread: +0.037% → +0.048%
- −$1.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $6.99
- Costs to cover
- 0.120%
- Break-even
- 4.6 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bitget: live order book, 5 min ago. 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, 1 min ago | 5.92 bp | doesn't fit | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.01 bp | 14.5 bp −$14 | 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 +0.0033% / S −0.0032% | 1h | 0.5903 | −0.146% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.983% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5906 | −0.091% | $416K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5912 | +0.010% | $21K | $417K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5916 | +0.083% | $69K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5935 | +0.396% | $34K | $339K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5914 | +0.051% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5915 | +0.059% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5909 | −0.039% | $25K | $541K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5937 | +0.436% | $64K | $513K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.5920 | +0.145% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.5911 | 0.000% | $368 | — | 3x | as long as short |
| Gate PONS_USDT | +0.0278% | 4h | 0.5911 | −0.007% | $5.2M | $6.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0350% | 4h | 0.5908 | −0.058% | $13.4M | $54.1M | 20x | as long as short |
| Lighter PONS | +0.0440% | 1h | 0.5910 | −0.025% | $1.6M | $895K | 3x | as long as short |
| Variational Omni PONSlong | +0.0440% | 4h | 0.5911 | long leg | $1.4M | $4.0M | — | |
| Hyperliquid PONS | +0.0478% | 1h | 0.5912 | +0.012% | $60.4M | $28.0M | 3x | as long as short |
| Aster PONSUSDT | +0.0503% | 4h | 0.5909 | −0.048% | $1.1M | $2.2M | 20x | as long as short |
| Bitget PONSUSDTshort | +0.0536% | 4h | 0.5914 | +0.037% | $4.6M | $11.6M | 20x | |
| MEXC PONS_USDT | +0.0604% | 4h | 0.5911 | −0.007% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0604% | 4h | 0.5911 | −0.010% | $38.7M | $94.3M | 20x | as long as short |
| Extended PONS-USD | +0.0608% | 1h | 0.5909 | −0.037% | $106K | $807K | 5x | as long as short |
| edgeX PONSUSDC | +0.0610% | 4h | 0.5945 | +0.565% | $18K | $292K | 10x | as long as short |
| BingX PONS-USDT | +0.0716% | 4h | 0.5911 | −0.007% | — | $3.0M | — | as long as short |
| Polymarket Perps PONS-USD | +0.0737% | 1h | 0.5911 | −0.014% | $80K | $1.7M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0742% | 4h | 0.5909 | −0.044% | $1.6M | $3.8M | 20x | as long as short |
| BloFin PONS-USDT | +0.0844% | 4h | 0.5913 | +0.027% | $1.7M | $941K | 20x | as long as short |
| Bybit PONSUSDT | +0.0855% | 4h | 0.5907 | −0.075% | $17.5M | $30.7M | 20x | as long as short |
| Pacifica PONS | +0.1081% | 1h | 0.5910 | −0.017% | $46K | $68K | 3x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.5945 | +0.573% | $45K | $109K | 3x | as long as short |
Variational Omni PONS
Bitget PONSUSDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Gate PONS_USDT
OKX PONS-USDT-SWAP
Lighter PONS
Hyperliquid PONS
Aster PONSUSDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
edgeX PONSUSDC
BingX PONS-USDT
Polymarket Perps PONS-USD
KuCoin PONSUSDTM
BloFin PONS-USDT
Bybit PONSUSDT
Pacifica PONS
Phoenix PONS