Funding you earn now, next payment 04:00 UTC+0.0353%/8h= +38.6% APRpaid last 24h +0.019%
Price spread now: Extended against Variational Omni+0.234%7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)+2.191%+$219 · spread now +0.234%, 7d avg +0.025%
=Together, before fees+2.390%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$239 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.209% dearer against Variational Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PONS | 0.5965 | 0.0215 | pay 0.0108% / 4h | 30m 44s | $1.4M | $3.9M | — |
| Short | Extended PONS-USD | 0.5979 | 0.0568 | get 0.0071% / 1h | 30m 44s | $107K | $809K | 5x |
Variational Omni PONS
Extended PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $74.11
- Price spread: +0.234% → +0.025%
- $20.92
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $90.03
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Extended: live order book, 27 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, 3 min ago | 5.89 bp | doesn't fit | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 13.20 bp | 27.6 bp −$28 | 188.7 bp −$1,887 | 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 | 0.5962 | −0.050% | $237K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.068% | $614 | $10K | 5.5x | as long as short |
| Lighter PONS | +0.0096% | 1h | 0.5985 | +0.321% | $1.6M | $884K | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5972 | +0.110% | $20K | $435K | 20x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5975 | +0.160% | $5.3M | $6.3M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6004 | +0.644% | $34K | $349K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5975 | +0.163% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5973 | +0.121% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5974 | +0.150% | $26K | $528K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5985 | +0.326% | $65K | $512K | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter PONS
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.5973 | +0.126% | $1.7M | $3.2M | 20x | as long as short |
| Variational Omni PONSlong | +0.0215% | 4h | 0.5965 | long leg | $1.4M | $3.9M | — | |
| Aevo PONS-PERP | +0.0224% | 1h | 0.5972 | +0.112% | $372 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0225% | 1h | 0.5973 | +0.128% | $70K | $129K | 5x | as long as short |
| OKX PONS-USDT-SWAP | +0.0300% | 4h | 0.5980 | +0.244% | $13.6M | $54.7M | 20x | as long as short |
| Lighter RH PONS | +0.0312% | 1h | 0.5982 | +0.279% | $401K | $2.5M | 3x | as long as short |
| Aster PONSUSDT | +0.0430% | 4h | 0.5983 | +0.296% | $1.1M | $2.1M | 20x | as long as short |
| Bybit PONSUSDT | +0.0448% | 4h | 0.5978 | +0.210% | $17.8M | $30.8M | 20x | as long as short |
| Bitget PONSUSDT | +0.0458% | 4h | 0.5983 | +0.292% | $4.6M | $11.5M | 20x | as long as short |
| BingX PONS-USDT | +0.0528% | 4h | 0.5982 | +0.277% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0559% | 4h | 0.5950 | −0.267% | $18K | $293K | 10x | as long as short |
| Extended PONS-USDshort | +0.0568% | 1h | 0.5979 | +0.234% | $107K | $809K | 5x | |
| MEXC PONS_USDT | +0.0570% | 4h | 0.5985 | +0.328% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0572% | 4h | 0.5983 | +0.291% | $39.3M | $94.8M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0626% | 4h | 0.5977 | +0.200% | $1.6M | $3.7M | 20x | as long as short |
| Hyperliquid PONS | +0.0720% | 1h | 0.5988 | +0.371% | $61.0M | $27.9M | 3x | as long as short |
| BloFin PONS-USDT | +0.0812% | 4h | 0.5970 | +0.076% | $1.7M | $953K | 20x | as long as short |
| Pacifica PONS | +0.0859% | 1h | 0.5984 | +0.312% | $47K | $67K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0908% | 1h | 0.5971 | +0.095% | $66K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1736% | 1h | 0.5990 | +0.410% | $31K | $104K | 3x | as long as short |
Phemex PONSUSDT
Aevo PONS-PERP
Nado PONS-PERP
OKX PONS-USDT-SWAP
Lighter RH PONS
Aster PONSUSDT
Bybit PONSUSDT
Bitget PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
KuCoin PONSUSDTM
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS