Funding you earn now, next payment 22:00 UTC+0.0270%/8h= +29.6% APRpaid last 24h +0.060%
Price spread now: Polymarket Perps against Variational Omni+0.057%7-day average −0.015% · 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)+0.349%+$35 on $10k
+Price spread, last 7 days−0.093%−$9 · spread now +0.057%, 7d avg −0.015%
=Together, before fees+0.257%+ Points / potential airdropVariational Omni: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Polymarket Perps is 0.072% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PONS | 0.5905 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $1.3M | $4.3M | — |
| Short | Polymarket Perps PONS-USD | 0.5909 | 0.0370 | get 0.0046% / 1h | 14m 58s | $37K | $1.8M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $56.77
- Price spread: +0.057% → −0.015%
- $7.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $55.99
- Costs to cover
- 0.080%
- Break-even
- 0.1 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Polymarket Perps: live order book, 4 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, 4 min ago | 5.08 bp | doesn't fit | 42.3 bp −$423 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 2.54 bp | 6.5 bp −$7 | 6.9 bp −$69 | 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 | 0.5902 | −0.050% | $216K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | +0.243% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5909 | +0.064% | $21K | $444K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5899 | −0.106% | $17.6M | $31.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5900 | −0.089% | $13.4M | $56.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5904 | −0.018% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5909 | +0.062% | $4.6M | $11.7M | 20x | as long as short |
| Variational Omni PONSlong | +0.0100% | 4h | 0.5905 | long leg | $1.3M | $4.3M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5907 | +0.030% | $34K | $335K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5917 | +0.196% | $2K | $3K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5910 | +0.087% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5909 | +0.069% | $27K | $549K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5906 | +0.013% | $64K | $504K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5900 | −0.089% | $1.6M | $3.3M | 20x | as long as short |
| Nado PONS-PERP | +0.0102% | 1h | 0.5910 | +0.081% | $89K | $103K | 5x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5910 | +0.078% | $368 | — | 3x | as long as short |
| Extended PONS-USD | +0.0176% | 1h | 0.5905 | −0.002% | $106K | $533K | 5x | as long as short |
| MEXC PONS_USDT | +0.0176% | 4h | 0.5907 | +0.030% | $7.5M | $5.2M | 20x | as long as short |
| BingX PONS-USDT | +0.0178% | 4h | 0.5902 | −0.055% | — | $3.1M | — | as long as short |
| Binance PONSUSDT | +0.0180% | 4h | 0.5902 | −0.055% | $38.4M | $98.3M | 20x | as long as short |
| Aster PONSUSDT | +0.0188% | 4h | 0.5903 | −0.033% | $1.1M | $2.2M | 20x | as long as short |
| edgeX PONSUSDC | +0.0197% | 4h | 0.5908 | +0.052% | $21K | $294K | 10x | as long as short |
| Polymarket Perps PONS-USDshort | +0.0370% | 1h | 0.5909 | +0.057% | $37K | $1.8M | 3x | |
| BloFin PONS-USDT | +0.0420% | 4h | 0.5913 | +0.132% | $1.7M | $967K | 20x | as long as short |
| Pacifica PONS | +0.0474% | 1h | 0.5910 | +0.073% | $47K | $103K | 3x | as long as short |
| Hyperliquid PONS | +0.0494% | 1h | 0.5911 | +0.093% | $59.2M | $30.1M | 3x | as long as short |
| Lighter RH PONS | +0.0600% | 1h | 0.5909 | +0.062% | $416K | $2.6M | 3x | as long as short |
| Gate PONS_USDT | +0.0784% | 4h | 0.5903 | −0.038% | $5.2M | $6.8M | 20x | as long as short |
| Lighter PONS | +0.1016% | 1h | 0.5912 | +0.118% | $1.7M | $889K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5911 | +0.091% | $30K | $86K | 3x | as long as short |
Variational Omni PONS
Polymarket Perps PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
BingX PONS-USDT
Binance PONSUSDT
Aster PONSUSDT
edgeX PONSUSDC
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Lighter RH PONS
Gate PONS_USDT
Lighter PONS
Phoenix PONS