PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.026%

Price spread now: edgeX against Variational Omni+0.565%89s7-day average −0.003% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.197%+$20 on $10k

Price spread, last 4 days (all we have)−0.347%−$35 · spread now +0.565%, 7d avg −0.003%

Together, before fees−0.150%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.568% dearer against Variational Omni than usual: you sell high and buy low: +$57 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PONS	0.6095	0.0493	pay 0.0247% / 4h	24m 02s	$1.5M	$4.2M	—
Short	edgeX PONSUSDC	0.6130	0.0586	get 0.0293% / 4h	24m 02s	$20K	$290K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.565%Rate

Funding earned: $19.41
Price spread: +0.565% → −0.003%: $56.81
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $67.21
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; edgeX: live order book, 14 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, 5 min ago	5.72 bp	doesn't fit	41.7 bp −$417	doesn't fit	doesn't fit
Sell edgeX live order book, 14 min ago	12.06 bp	20.7 bp −$21	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 +0.0032% / S −0.0029%	1h	0.6134	+0.631%	$233K	—	150x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6130	+0.568%	$22K	$455K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6136	+0.667%	$72K	$130K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6113	+0.284%	$30K	$303K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6142	+0.762%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6116	+0.337%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6144	+0.796%	$26K	$639K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6118	+0.368%	$66K	$536K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6143	+0.781%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0224%	1h	0.6183	+1.445%	$385	—	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0417%	4h	0.6119	+0.388%	$13.9M	$60.2M	20x	as long as short
Aster PONSUSDT	+0.0469%	4h	0.6127	+0.524%	$1.1M	$2.4M	20x	as long as short
Variational Omni PONSlong	+0.0493%	4h	0.6095	long leg	$1.5M	$4.2M	—
Lighter PONS	+0.0504%	1h	0.6143	+0.780%	$1.7M	$850K	3x	as long as short
Lighter RH PONS	+0.0504%	1h	0.6143	+0.780%	$414K	$2.7M	3x	as long as short
Gate PONS_USDT	+0.0534%	4h	0.6129	+0.552%	$5.5M	$6.6M	20x	as long as short
KuCoin PONSUSDTM	+0.0550%	4h	0.6117	+0.353%	$1.6M	$4.0M	20x	as long as short
Extended PONS-USD	+0.0568%	1h	0.6121	+0.427%	$103K	$828K	5x	as long as short
Binance PONSUSDT	+0.0568%	4h	0.6121	+0.420%	$39.7M	$104.9M	20x	as long as short
Pacifica PONS	+0.0572%	1h	0.6114	+0.313%	$46K	$69K	3x	as long as short
MEXC PONS_USDT	+0.0574%	4h	0.6130	+0.568%	$7.7M	$4.8M	20x	as long as short
edgeX PONSUSDCshort	+0.0586%	4h	0.6130	+0.565%	$20K	$290K	10x
Hyperliquid PONS	+0.0636%	1h	0.6132	+0.607%	$62.3M	$30.3M	3x	as long as short
Bybit PONSUSDT	+0.0657%	4h	0.6119	+0.388%	$18.2M	$32.9M	20x	as long as short
BingX PONS-USDT	+0.0666%	4h	0.6118	+0.371%	—	$3.2M	—	as long as short
Bitget PONSUSDT	+0.0704%	4h	0.6126	+0.501%	$4.9M	$13.0M	20x	as long as short
BloFin PONS-USDT	+0.0816%	4h	0.6105	+0.158%	$1.8M	$1.0M	20x	as long as short
Polymarket Perps PONS-USD	+0.1066%	1h	0.6135	+0.653%	$75K	$2.3M	3x	as long as short
Injective PONS/USDC PERP	+0.1069%	1h	0.5938	−2.574%	$610	$10K	5.5x	as long as short
Phoenix PONS	+0.1405%	1h	0.6100	+0.073%	$46K	$127K	3x	as long as short