Funding you earn now, next payment 04:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Variational Omni+0.273%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)+0.119%+$12 on $10k
+Price spread, last 7 days−0.296%−$30 · spread now +0.273%, 7d avg +0.025%
=Together, before fees−0.176%+ Points / potential airdropVariational Omni: Active · farm board−$18 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 KuCoin is 0.248% dearer against Variational Omni than usual: you sell high and buy low: +$25 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 | 0.6089 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $1.4M | $4.2M | — |
| Short | KuCoin PONSUSDTM | 0.6105 | 0.0206 | get 0.0103% / 4h | 3h 14m | $1.8M | $3.7M | 20x |
Variational Omni PONS
KuCoin PONSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $22.26
- Price spread: +0.273% → +0.025%
- $24.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $35.1
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; KuCoin: live order book, 3 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 | 5.77 bp | doesn't fit | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.97 bp | 35.5 bp −$36 | 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 −0.0033% | 1h | 0.6095 | +0.101% | $241K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.955% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6125 | +0.599% | $20K | $415K | 20x | as long as short |
| Variational Omni PONSlong | +0.0100% | 4h | 0.6089 | long leg | $1.4M | $4.2M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6088 | −0.011% | $33K | $356K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6113 | +0.403% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6103 | +0.245% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6108 | +0.314% | $28K | $542K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6120 | +0.518% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6106 | +0.287% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0112% | 1h | 0.6110 | +0.351% | $430K | $2.6M | 3x | as long as short |
| Aevo PONS-PERP | +0.0176% | 1h | 0.6107 | +0.308% | $380 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0194% | 4h | 0.6128 | +0.648% | $14.0M | $56.7M | 20x | as long as short |
| KuCoin PONSUSDTMshort | +0.0206% | 4h | 0.6105 | +0.273% | $1.8M | $3.7M | 20x | |
| Bitget PONSUSDT | +0.0268% | 4h | 0.6121 | +0.530% | $4.8M | $11.4M | 20x | as long as short |
| Aster PONSUSDT | +0.0293% | 4h | 0.6101 | +0.207% | $1.1M | $2.1M | 20x | as long as short |
| edgeX PONSUSDC | +0.0363% | 4h | 0.6098 | +0.150% | $21K | $294K | 10x | as long as short |
| MEXC PONS_USDT | +0.0372% | 4h | 0.6115 | +0.434% | $8.0M | $4.8M | 20x | as long as short |
| Extended PONS-USD | +0.0376% | 1h | 0.6116 | +0.456% | $252K | $678K | 5x | as long as short |
| Binance PONSUSDT | +0.0377% | 4h | 0.6124 | +0.574% | $40.2M | $96.2M | 20x | as long as short |
| Lighter PONS | +0.0432% | 1h | 0.6107 | +0.303% | $1.7M | $937K | 3x | as long as short |
| BingX PONS-USDT | +0.0560% | 4h | 0.6121 | +0.533% | — | $3.1M | — | as long as short |
| Nado PONS-PERP | +0.0607% | 1h | 0.6101 | +0.198% | $105K | $115K | 5x | as long as short |
| BloFin PONS-USDT | +0.0614% | 4h | 0.6108 | +0.319% | $1.8M | $993K | 20x | as long as short |
| Bybit PONSUSDT | +0.0624% | 4h | 0.6125 | +0.599% | $18.4M | $30.9M | 20x | as long as short |
| Pacifica PONS | +0.0665% | 1h | 0.6111 | +0.362% | $48K | $78K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0772% | 1h | 0.6106 | +0.282% | $45K | $1.6M | 3x | as long as short |
| Hyperliquid PONS | +0.0868% | 1h | 0.6110 | +0.354% | $62.1M | $29.1M | 3x | as long as short |
| Gate PONS_USDT | +0.0900% | 4h | 0.6101 | +0.204% | $5.3M | $6.2M | 20x | as long as short |
| Phoenix PONS | +0.1608% | 1h | 0.6094 | +0.084% | $32K | $113K | 3x | as long as short |
Lighter RH PONS
Aevo PONS-PERP
OKX PONS-USDT-SWAP
Bitget PONSUSDT
Aster PONSUSDT
edgeX PONSUSDC
MEXC PONS_USDT
Extended PONS-USD
Binance PONSUSDT
Lighter PONS
BingX PONS-USDT
Nado PONS-PERP
BloFin PONS-USDT
Bybit PONSUSDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Gate PONS_USDT
Phoenix PONS