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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.087%
Price spread now: SunX against Variational Omni−0.138%7-day average +0.035% · you buy dearer than you sell
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)−0.129%−$13 on $10k
Price spread, last 3 days (all we have)+0.930%+$93 · spread now −0.138%, 7d avg +0.035%
Together, before fees+0.801%+ Points / potential airdropVariational Omni: Active · farm board+$80 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.173% cheaper against Variational Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.59290.0100pay 0.0050% / 4h2h 52m$1.4M$4.3M
ShortSunX PONS-USDT0.59210.0100get 0.0050% / 4h2h 52m$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.138% → +0.035%
−$17.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$25.31
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; SunX: live order book, 11 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, 1 min ago4.24 bpdoesn't fit43.2 bp −$432doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago104.63 bp125.1 bp −$125doesn't fitdoesn'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%1h0.5910−0.336%$217K150xas long as short
Injective PONS/USDC PERP+0.0066%1h0.5920−0.166%$609$6K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.5903−0.446%$21K$459K20xas long as short
Bybit PONSUSDT+0.0100%4h0.5906−0.396%$17.9M$31.5M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.5912−0.295%$13.6M$56.0M20xas long as short
KuCoin PONSUSDTM+0.0100%4h0.5913−0.281%$1.7M$3.7M20xas long as short
Bitget PONSUSDT+0.0100%4h0.5917−0.204%$4.6M$11.6M20xas long as short
Variational Omni PONSlong+0.0100%4h0.5929long leg$1.4M$4.3M
ApeX Omni PONSUSDT+0.0100%1h0.5922−0.123%$34K$326K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5916−0.229%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDTshort+0.0100%4h0.5921−0.138%$1.4M10x
SoDEX PONS-USD+0.0100%1h0.5915−0.244%$27K$534K3xas long as short
HTX PONS-USDT+0.0100%4h0.5936+0.113%$64K$503K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5912−0.295%$1.7M$3.3M20xas long as short
Lighter RH PONS+0.0128%1h0.5918−0.195%$398K$2.6M3xas long as short
Aevo PONS-PERP+0.0128%1h0.5907−0.377%$3683xas long as short
Binance PONSUSDT+0.0173%4h0.5910−0.328%$38.5M$98.1M20xas long as short
MEXC PONS_USDT+0.0174%4h0.5916−0.227%$7.7M$5.1M20xas long as short
Extended PONS-USD+0.0176%1h0.5916−0.231%$105K$529K5xas long as short
BingX PONS-USDT+0.0190%4h0.5909−0.345%$3.1Mas long as short
edgeX PONSUSDC+0.0197%4h0.5922−0.118%$21K$292K10xas long as short
Aster PONSUSDT+0.0239%4h0.5906−0.404%$1.1M$2.2M20xas long as short
Polymarket Perps PONS-USD+0.0330%1h0.5903−0.446%$38K$1.8M3xas long as short
Nado PONS-PERP+0.0338%1h0.5899−0.509%$89K$103K5xas long as short
Gate PONS_USDT+0.0364%4h0.5911−0.312%$5.2M$6.7M20xas long as short
BloFin PONS-USDT+0.0413%4h0.5919−0.177%$1.7M$984K20xas long as short
Pacifica PONS+0.0474%1h0.5898−0.537%$47K$102K3xas long as short
Hyperliquid PONS+0.0733%1h0.5918−0.193%$59.3M$29.5M3xas long as short
Lighter PONS+0.1040%1h0.5920−0.166%$1.7M$879K3xas long as short
Phoenix PONS+0.1275%1h0.5921−0.146%$27K$86K3xas long as short