Funding you earn now, next payment 04:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.59 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Variational Omni−0.175%7-day average +0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.095%+$9 on $10k
+Price spread, last 7 days+0.201%+$20 · spread now −0.175%, 7d avg +0.014%
=Together, before fees+0.295%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.189% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.175% now, against its 7-day average of +0.014%). If the spread goes back, that is −$19 on $10k: about 5.3 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PONS | 0.6043 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $1.4M | $4.0M | — |
| Short | OKX PONS-USDT-SWAP | 0.6032 | 0.0218 | get 0.0109% / 4h | 2h 30m | $13.8M | $55.2M | 20x |
Variational Omni PONS
OKX PONS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $24.77
- Price spread: −0.175% → +0.014%
- −$18.92
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$4.15
- Costs to cover
- 0.100%
- Break-even
- 8.2 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; OKX: 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, 3 min ago | 4.14 bp | doesn't fit | 39.0 bp −$390 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.83 bp | 13.7 bp −$14 | 30.4 bp −$304 | doesn't fit | doesn't fit |
PONS on 29 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 | 0.6032 | −0.180% | $239K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.209% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6042 | −0.009% | $20K | $424K | 20x | as long as short |
| Variational Omni PONSlong | +0.0100% | 4h | 0.6043 | long leg | $1.4M | $4.0M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6042 | −0.013% | $33K | $354K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6044 | +0.024% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6044 | +0.017% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6036 | −0.105% | $26K | $518K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6049 | +0.115% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6037 | −0.092% | $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 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | +0.0184% | 1h | 0.6040 | −0.034% | $376 | — | 3x | as long as short |
| Lighter RH PONS | +0.0192% | 1h | 0.6039 | −0.061% | $420K | $2.5M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0214% | 4h | 0.6032 | −0.168% | $1.7M | $3.7M | 20x | as long as short |
| OKX PONS-USDT-SWAPshort | +0.0218% | 4h | 0.6032 | −0.175% | $13.8M | $55.2M | 20x | |
| Bybit PONSUSDT | +0.0247% | 4h | 0.6031 | −0.191% | $18.1M | $30.6M | 20x | as long as short |
| Nado PONS-PERP | +0.0253% | 1h | 0.6048 | +0.090% | $71K | $131K | 5x | as long as short |
| Bitget PONSUSDT | +0.0300% | 4h | 0.6035 | −0.133% | $4.7M | $11.3M | 20x | as long as short |
| Lighter PONS | +0.0320% | 1h | 0.6039 | −0.061% | $1.7M | $884K | 3x | as long as short |
| Aster PONSUSDT | +0.0350% | 4h | 0.6036 | −0.106% | $1.1M | $2.0M | 20x | as long as short |
| BingX PONS-USDT | +0.0396% | 4h | 0.6036 | −0.109% | — | $3.0M | — | as long as short |
| Extended PONS-USD | +0.0400% | 1h | 0.6032 | −0.176% | $250K | $676K | 5x | as long as short |
| Binance PONSUSDT | +0.0403% | 4h | 0.6034 | −0.141% | $39.6M | $95.5M | 20x | as long as short |
| MEXC PONS_USDT | +0.0406% | 4h | 0.6035 | −0.125% | $7.8M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0414% | 4h | 0.6039 | −0.055% | $21K | $293K | 10x | as long as short |
| Gate PONS_USDT | +0.0570% | 4h | 0.6030 | −0.208% | $5.3M | $6.1M | 20x | as long as short |
| Hyperliquid PONS | +0.0687% | 1h | 0.6035 | −0.125% | $61.4M | $28.2M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0740% | 1h | 0.6041 | −0.032% | $45K | $1.5M | 3x | as long as short |
| Pacifica PONS | +0.0869% | 1h | 0.6046 | +0.055% | $48K | $75K | 3x | as long as short |
| Phoenix PONS | +0.1695% | 1h | 0.6038 | −0.084% | $31K | $107K | 3x | as long as short |
Aevo PONS-PERP
Lighter RH PONS
KuCoin PONSUSDTM
Bybit PONSUSDT
Nado PONS-PERP
Bitget PONSUSDT
Lighter PONS
Aster PONSUSDT
BingX PONS-USDT
Extended PONS-USD
Binance PONSUSDT
MEXC PONS_USDT
edgeX PONSUSDC
Gate PONS_USDT
Hyperliquid PONS
Polymarket Perps PONS-USD
Pacifica PONS
Phoenix PONS