Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.59050.0100pay 0.0050% / 4h2h 14m$1.3M$4.3M
ShortPolymarket Perps PONS-USD0.59090.0370get 0.0046% / 1h14m 58s$37K$1.8M3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago5.08 bpdoesn't fit42.3 bp −$423doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 4 min ago2.54 bp6.5 bp −$76.9 bp −$69doesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0034%1h0.5902−0.050%$216K150xas long as short
Injective PONS/USDC PERP+0.0066%1h0.5920+0.243%$609$6K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.5909+0.064%$21K$444K20xas long as short
Bybit PONSUSDT+0.0100%4h0.5899−0.106%$17.6M$31.8M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.5900−0.089%$13.4M$56.1M20xas long as short
KuCoin PONSUSDTM+0.0100%4h0.5904−0.018%$1.7M$3.7M20xas long as short
Bitget PONSUSDT+0.0100%4h0.5909+0.062%$4.6M$11.7M20xas long as short
Variational Omni PONSlong+0.0100%4h0.5905long leg$1.3M$4.3M
ApeX Omni PONSUSDT+0.0100%1h0.5907+0.030%$34K$335K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5917+0.196%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDT+0.0100%4h0.5910+0.087%$1.4M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5909+0.069%$27K$549K3xas long as short
HTX PONS-USDT+0.0100%4h0.5906+0.013%$64K$504K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5900−0.089%$1.6M$3.3M20xas long as short
Nado PONS-PERP+0.0102%1h0.5910+0.081%$89K$103K5xas long as short
Aevo PONS-PERP+0.0128%1h0.5910+0.078%$3683xas long as short
Extended PONS-USD+0.0176%1h0.5905−0.002%$106K$533K5xas long as short
MEXC PONS_USDT+0.0176%4h0.5907+0.030%$7.5M$5.2M20xas long as short
BingX PONS-USDT+0.0178%4h0.5902−0.055%$3.1Mas long as short
Binance PONSUSDT+0.0180%4h0.5902−0.055%$38.4M$98.3M20xas long as short
Aster PONSUSDT+0.0188%4h0.5903−0.033%$1.1M$2.2M20xas long as short
edgeX PONSUSDC+0.0197%4h0.5908+0.052%$21K$294K10xas long as short
Polymarket Perps PONS-USDshort+0.0370%1h0.5909+0.057%$37K$1.8M3x
BloFin PONS-USDT+0.0420%4h0.5913+0.132%$1.7M$967K20xas long as short
Pacifica PONS+0.0474%1h0.5910+0.073%$47K$103K3xas long as short
Hyperliquid PONS+0.0494%1h0.5911+0.093%$59.2M$30.1M3xas long as short
Lighter RH PONS+0.0600%1h0.5909+0.062%$416K$2.6M3xas long as short
Gate PONS_USDT+0.0784%4h0.5903−0.038%$5.2M$6.8M20xas long as short
Lighter PONS+0.1016%1h0.5912+0.118%$1.7M$889K3xas long as short
Phoenix PONS+0.1275%1h0.5911+0.091%$30K$86K3xas long as short