Funding you earn now, next payment 04:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.044%
Price spread now: edgeX against Aster+0.011%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days+0.356%+$36 on $10k
+Price spread, last 4 days (all we have)+0.213%+$21 · spread now +0.011%, 7d avg +0.055%
=Together, before fees+0.569%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.044% cheaper against Aster than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.055%). If the spread goes back, that is −$4 on $10k: about 38 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PONSUSDT | 0.6021 | 0.0435 | pay 0.0217% / 4h | 1h 10m | $1.1M | $2.1M | 20x |
| Short | edgeX PONSUSDC | 0.6022 | 0.0528 | get 0.0264% / 4h | 1h 10m | $18K | $292K | 10x |
Aster PONSUSDT
edgeX PONSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Aster. 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
- $19.55
- Price spread: +0.011% → +0.055%
- −$4.43
- Slippage, 4 orders
- −$47.41
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$49.29
- Costs to cover
- 0.644%
- Break-even
- 24.6 days
Slippage from Aster: live order book, 2 min ago; edgeX: live order book, 52 min ago.
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 Aster live order book, 2 min ago | 4.74 bp | 10.6 bp −$11 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 52 min ago | 12.37 bp | 20.8 bp −$21 | doesn't fit | 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 +0.0033% / S −0.0033% | 1h | 0.6019 | −0.040% | $238K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.858% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6028 | +0.113% | $21K | $435K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6015 | −0.104% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6034 | +0.206% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6024 | +0.045% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6032 | +0.176% | $26K | $527K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6035 | +0.231% | $64K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6024 | +0.047% | $1.7M | $3.2M | 20x | as long as short |
| Variational Omni PONS | +0.0178% | 4h | 0.6018 | −0.047% | $1.4M | $3.9M | — | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Variational Omni PONSShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | +0.0216% | 1h | 0.6031 | +0.171% | $376 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0222% | 1h | 0.6026 | +0.080% | $71K | $129K | 5x | as long as short |
| Gate PONS_USDT | +0.0240% | 4h | 0.6016 | −0.086% | $5.3M | $6.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0317% | 4h | 0.6013 | −0.136% | $13.7M | $55.0M | 20x | as long as short |
| Lighter RH PONS | +0.0328% | 1h | 0.6031 | +0.165% | $418K | $2.5M | 3x | as long as short |
| Lighter PONS | +0.0352% | 1h | 0.6032 | +0.175% | $1.7M | $876K | 3x | as long as short |
| Bitget PONSUSDT | +0.0418% | 4h | 0.6022 | +0.012% | $4.7M | $11.4M | 20x | as long as short |
| Aster PONSUSDTlong | +0.0435% | 4h | 0.6021 | long leg | $1.1M | $2.1M | 20x | |
| KuCoin PONSUSDTM | +0.0468% | 4h | 0.6020 | −0.021% | $1.7M | $3.7M | 20x | as long as short |
| Bybit PONSUSDT | +0.0490% | 4h | 0.6018 | −0.053% | $18.0M | $30.6M | 20x | as long as short |
| BingX PONS-USDT | +0.0496% | 4h | 0.6020 | −0.020% | — | $3.0M | — | as long as short |
| MEXC PONS_USDT | +0.0526% | 4h | 0.6018 | −0.053% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0527% | 4h | 0.6022 | +0.014% | $39.7M | $94.7M | 20x | as long as short |
| edgeX PONSUSDCshort | +0.0528% | 4h | 0.6022 | +0.011% | $18K | $292K | 10x | |
| Extended PONS-USD | +0.0528% | 1h | 0.6019 | −0.028% | $249K | $671K | 5x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.6021 | −0.011% | $47K | $70K | 3x | as long as short |
| Hyperliquid PONS | +0.0757% | 1h | 0.6033 | +0.193% | $61.5M | $27.9M | 3x | as long as short |
| BloFin PONS-USDT | +0.0767% | 4h | 0.6029 | +0.130% | $1.7M | $968K | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0851% | 1h | 0.6030 | +0.153% | $69K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.6017 | −0.063% | $31K | $98K | 3x | as long as short |
Aevo PONS-PERP
Nado PONS-PERP
Gate PONS_USDT
OKX PONS-USDT-SWAP
Lighter RH PONS
Lighter PONS
Bitget PONSUSDT
KuCoin PONSUSDTM
Bybit PONSUSDT
BingX PONS-USDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Pacifica PONS
Hyperliquid PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Phoenix PONS