Funding you earn now, next payment 02:00 UTC+0.0224%/8h= +24.5% APRnext payment +$0.28 per $10,000 · paid last 24h +0.063%
Price spread now: Extended against Aevo−0.001%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PONS-PERP | 0.6021 | 0.0184 | pay 0.0023% / 1h | 46m 53s | $375 | — | 3x |
| Short | Extended PONS-USD | 0.6021 | 0.0408 | get 0.0051% / 1h | 46m 53s | $249K | $682K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Aevo. 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
- $47.04
- Price spread: −0.001% → 0.000%
- −$0.05
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $25.99
- Costs to cover
- 0.210%
- Break-even
- 3.1 days
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 21 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 21 min ago | 11.01 bp | 24.6 bp −$25 | 178.2 bp −$1,782 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 +0.0033% / S −0.0033% | 1h | 0.6014 | −0.115% | $238K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.856% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6020 | −0.017% | $19K | $422K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6048 | +0.441% | $1.4M | $4.1M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6065 | +0.724% | $33K | $353K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6022 | +0.025% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6023 | +0.030% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6022 | +0.015% | $26K | $530K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6038 | +0.282% | $64K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6018 | −0.050% | $1.7M | $3.2M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PONS-PERPlong | +0.0184% | 1h | 0.6021 | long leg | $375 | — | 3x | |
| OKX PONS-USDT-SWAP | +0.0213% | 4h | 0.6021 | 0.000% | $13.8M | $55.5M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0218% | 4h | 0.6021 | −0.005% | $1.7M | $3.7M | 20x | as long as short |
| Bybit PONSUSDT | +0.0294% | 4h | 0.6020 | −0.017% | $18.1M | $30.8M | 20x | as long as short |
| Bitget PONSUSDT | +0.0294% | 4h | 0.6022 | +0.021% | $4.7M | $11.3M | 20x | as long as short |
| Lighter RH PONS | +0.0336% | 1h | 0.6023 | +0.040% | $420K | $2.5M | 3x | as long as short |
| Aster PONSUSDT | +0.0343% | 4h | 0.6020 | −0.010% | $1.1M | $2.0M | 20x | as long as short |
| Nado PONS-PERP | +0.0350% | 1h | 0.6023 | +0.027% | $71K | $132K | 5x | as long as short |
| BingX PONS-USDT | +0.0386% | 4h | 0.6023 | +0.033% | — | $3.0M | — | as long as short |
| Lighter PONS | +0.0400% | 1h | 0.6022 | +0.025% | $1.7M | $883K | 3x | as long as short |
| Binance PONSUSDT | +0.0404% | 4h | 0.6022 | +0.017% | $39.5M | $96.0M | 20x | as long as short |
| Extended PONS-USDshort | +0.0408% | 1h | 0.6021 | −0.001% | $249K | $682K | 5x | |
| MEXC PONS_USDT | +0.0410% | 4h | 0.6022 | +0.016% | $7.8M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0416% | 4h | 0.6065 | +0.734% | $21K | $293K | 10x | as long as short |
| BloFin PONS-USDT | +0.0646% | 4h | 0.6065 | +0.730% | $1.8M | $984K | 20x | as long as short |
| Hyperliquid PONS | +0.0705% | 1h | 0.6026 | +0.087% | $61.3M | $28.7M | 3x | as long as short |
| Gate PONS_USDT | +0.0768% | 4h | 0.6022 | +0.016% | $5.3M | $6.1M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0779% | 1h | 0.6022 | +0.013% | $46K | $1.6M | 3x | as long as short |
| Pacifica PONS | +0.0869% | 1h | 0.6022 | +0.023% | $47K | $75K | 3x | as long as short |
| Phoenix PONS | +0.1695% | 1h | 0.6064 | +0.714% | $31K | $107K | 3x | as long as short |
Extended PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bybit PONSUSDT
Bitget PONSUSDT
Lighter RH PONS
Aster PONSUSDT
BingX PONS-USDT
Lighter PONS
Binance PONSUSDT
MEXC PONS_USDT
edgeX PONSUSDC
BloFin PONS-USDT
Hyperliquid PONS
Gate PONS_USDT
Polymarket Perps PONS-USD
Pacifica PONS
Phoenix PONS