Funding you earn now, next payment 23:00 UTC+0.0676%/8h= +74.0% APRpaid last 24h +0.200%
Price spread now: Lighter against Variational Omni+0.328%7-day average +0.059% · 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)+0.615%+$61 on $10k
+Price spread, last 7 days−0.258%−$26 · spread now +0.328%, 7d avg +0.059%
=Together, before fees+0.357%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter is 0.269% dearer against Variational Omni than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PONS | 0.5914 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $1.3M | $4.3M | — |
| Short | Lighter PONS | 0.5934 | 0.0776 | get 0.0097% / 1h | 50m 41s | $1.7M | $984K | 3x |
Variational Omni PONS
Lighter PONSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $141.96
- Price spread: +0.328% → +0.059%
- $26.94
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $168.9
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 6 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 | 5.06 bp | doesn't fit | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 4.56 bp | 10.8 bp −$11 | 20.6 bp −$206 | 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 −0.0034% | 1h | 0.5904 | −0.175% | $216K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5920 | +0.086% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5911 | −0.059% | $21K | $441K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5936 | +0.364% | $17.7M | $31.7M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5935 | +0.347% | $13.5M | $56.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5938 | +0.401% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5939 | +0.411% | $4.7M | $11.7M | 20x | as long as short |
| Variational Omni PONSlong | +0.0100% | 4h | 0.5914 | long leg | $1.3M | $4.3M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5908 | −0.113% | $34K | $342K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5919 | +0.081% | $2K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5916 | +0.032% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5915 | +0.009% | $27K | $544K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5920 | +0.096% | $64K | $505K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5912 | −0.042% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5911 | −0.058% | $368 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0135% | 4h | 0.5921 | +0.106% | $1.1M | $2.2M | 20x | as long as short |
| Nado PONS-PERP | +0.0153% | 1h | 0.5911 | −0.059% | $89K | $103K | 5x | as long as short |
| Binance PONSUSDT | +0.0164% | 4h | 0.5933 | +0.316% | $38.6M | $97.8M | 20x | as long as short |
| MEXC PONS_USDT | +0.0164% | 4h | 0.5934 | +0.330% | $7.5M | $4.9M | 20x | as long as short |
| Extended PONS-USD | +0.0168% | 1h | 0.5919 | +0.082% | $106K | $523K | 5x | as long as short |
| BingX PONS-USDT | +0.0174% | 4h | 0.5932 | +0.296% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0192% | 4h | 0.5904 | −0.180% | $21K | $293K | 10x | as long as short |
| Lighter RH PONS | +0.0368% | 1h | 0.5932 | +0.289% | $407K | $2.6M | 3x | as long as short |
| BloFin PONS-USDT | +0.0405% | 4h | 0.5917 | +0.042% | $1.7M | $975K | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0448% | 1h | 0.5911 | −0.052% | $37K | $1.8M | 3x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5935 | +0.348% | $47K | $103K | 3x | as long as short |
| Hyperliquid PONS | +0.0618% | 1h | 0.5936 | +0.364% | $59.7M | $29.9M | 3x | as long as short |
| Lighter PONSshort | +0.0776% | 1h | 0.5934 | +0.328% | $1.7M | $984K | 3x | |
| Gate PONS_USDT | +0.1044% | 4h | 0.5922 | +0.127% | $5.2M | $6.4M | 20x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5917 | +0.034% | $30K | $96K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Aster PONSUSDT
Nado PONS-PERP
Binance PONSUSDT
MEXC PONS_USDT
Extended PONS-USD
BingX PONS-USDT
edgeX PONSUSDC
Lighter RH PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Pacifica PONS
Hyperliquid PONS
Gate PONS_USDT
Phoenix PONS