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+0.0096%/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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.59110.0440pay 0.0220% / 4h3h 08m$1.4M$4.0M
ShortBitget PONSUSDT0.59140.0536get 0.0268% / 4h3h 08m$4.6M$11.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago5.92 bpdoesn't fit48.2 bp −$482doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.01 bp14.5 bp −$14doesn't fitdoesn'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
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0032%1h0.5903−0.146%$235K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969+0.983%$614$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.5906−0.091%$416K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.5912+0.010%$21K$417K20xas long as short
Nado PONS-PERP+0.0100%1h0.5916+0.083%$69K$130K5xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5935+0.396%$34K$339K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5914+0.051%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.5915+0.059%$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5909−0.039%$25K$541K3xas long as short
HTX PONS-USDT+0.0100%4h0.5937+0.436%$64K$513K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.5920+0.145%$1.6M$3.2M20xas long as short
Aevo PONS-PERP+0.0232%1h0.59110.000%$3683xas long as short
Gate PONS_USDT+0.0278%4h0.5911−0.007%$5.2M$6.3M20xas long as short
OKX PONS-USDT-SWAP+0.0350%4h0.5908−0.058%$13.4M$54.1M20xas long as short
Lighter PONS+0.0440%1h0.5910−0.025%$1.6M$895K3xas long as short
Variational Omni PONSlong+0.0440%4h0.5911long leg$1.4M$4.0M
Hyperliquid PONS+0.0478%1h0.5912+0.012%$60.4M$28.0M3xas long as short
Aster PONSUSDT+0.0503%4h0.5909−0.048%$1.1M$2.2M20xas long as short
Bitget PONSUSDTshort+0.0536%4h0.5914+0.037%$4.6M$11.6M20x
MEXC PONS_USDT+0.0604%4h0.5911−0.007%$7.6M$4.7M20xas long as short
Binance PONSUSDT+0.0604%4h0.5911−0.010%$38.7M$94.3M20xas long as short
Extended PONS-USD+0.0608%1h0.5909−0.037%$106K$807K5xas long as short
edgeX PONSUSDC+0.0610%4h0.5945+0.565%$18K$292K10xas long as short
BingX PONS-USDT+0.0716%4h0.5911−0.007%$3.0Mas long as short
Polymarket Perps PONS-USD+0.0737%1h0.5911−0.014%$80K$1.7M3xas long as short
KuCoin PONSUSDTM+0.0742%4h0.5909−0.044%$1.6M$3.8M20xas long as short
BloFin PONS-USDT+0.0844%4h0.5913+0.027%$1.7M$941K20xas long as short
Bybit PONSUSDT+0.0855%4h0.5907−0.075%$17.5M$30.7M20xas long as short
Pacifica PONS+0.1081%1h0.5910−0.017%$46K$68K3xas long as short
Phoenix PONS+0.1586%1h0.5945+0.573%$45K$109K3xas long as short