PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.022%

Price spread now: Injective against ApeX Omni−0.949%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.949% cheaper against ApeX Omni than usual: you would sell low and buy high (−$95 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PONSUSDT	0.6027	0.0100	pay 0.0013% / 1h	22m 39s	$35K	$342K	5x
Short	Injective PONS/USDC PERP	0.5969	0.0033	get 0.0004% / 1h	22m 39s	$614	$10K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee InjectivebpOrdersPrice spread, now −0.949%Rate

Funding earned: −$14
Price spread: −0.949% → 0.000%: −$94.91
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$118.93
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 30 min ago; Injective: no order-book sample. 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 ApeX Omni live order book, 30 min ago	6.63 bp	14.8 bp −$15	106.2 bp −$1,062	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 −0.0032%	1h	0.5996	−0.502%	$238K	—	150x	as long as short
Injective PONS/USDC PERPshort	+0.0033%	1h	0.5969	−0.949%	$614	$10K	5.5x
Popdex PONSUSDT	+0.0096%	1h	0.6005	−0.360%	$21K	$417K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6008	−0.310%	$70K	$130K	5x	as long as short
ApeX Omni PONSUSDTlong	+0.0100%	1h	0.6027	long leg	$35K	$342K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6010	−0.269%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6003	−0.397%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6002	−0.403%	$26K	$534K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6018	−0.138%	$65K	$512K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6000	−0.443%	$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
Lighter RH PONS	+0.0128%	1h	0.5981	−0.760%	$408K	$2.6M	3x	as long as short
Aevo PONS-PERP	+0.0240%	1h	0.6005	−0.368%	$374	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0365%	4h	0.5977	−0.825%	$13.6M	$54.7M	20x	as long as short
Variational Omni PONS	+0.0441%	4h	0.6020	−0.105%	$1.5M	$3.9M	—	as long as short
Hyperliquid PONS	+0.0474%	1h	0.5983	−0.720%	$61.2M	$28.0M	3x	as long as short
Aster PONSUSDT	+0.0522%	4h	0.5981	−0.752%	$1.1M	$2.1M	20x	as long as short
Bitget PONSUSDT	+0.0536%	4h	0.5982	−0.733%	$4.6M	$11.5M	20x	as long as short
Lighter PONS	+0.0544%	1h	0.5992	−0.577%	$1.6M	$893K	3x	as long as short
MEXC PONS_USDT	+0.0620%	4h	0.5981	−0.758%	$7.6M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0622%	4h	0.5982	−0.742%	$39.1M	$94.1M	20x	as long as short
Extended PONS-USD	+0.0624%	1h	0.5996	−0.504%	$108K	$808K	5x	as long as short
edgeX PONSUSDC	+0.0645%	4h	0.6036	+0.157%	$18K	$292K	10x	as long as short
Polymarket Perps PONS-USD	+0.0709%	1h	0.6002	−0.402%	$71K	$1.6M	3x	as long as short
KuCoin PONSUSDTM	+0.0754%	4h	0.5995	−0.526%	$1.6M	$3.8M	20x	as long as short
BloFin PONS-USDT	+0.0862%	4h	0.6001	−0.426%	$1.7M	$956K	20x	as long as short
BingX PONS-USDT	+0.0939%	4h	0.5992	−0.576%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0968%	4h	0.5979	−0.791%	$17.9M	$30.5M	20x	as long as short
Pacifica PONS	+0.1081%	1h	0.5981	−0.760%	$47K	$68K	3x	as long as short
Gate PONS_USDT	+0.1302%	4h	0.5987	−0.659%	$5.2M	$6.2M	20x	as long as short
Phoenix PONS	+0.1586%	1h	0.6007	−0.329%	$45K	$109K	3x	as long as short