PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h +0.001%

Price spread now: OKX against Aster+0.004%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$460.458% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 7 days+0.031%+$3 · spread now +0.004%, 7d avg +0.023%

Together, before fees+0.184%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.153%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PONSUSDT	0.5863	0.0149	pay 0.0075% / 4h	2h 05m	$1.1M	$2.2M	20x
Short	OKX PONS-USDT-SWAP	0.5863	0.0100	get 0.0050% / 4h	2h 05m	$13.3M	$55.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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 AsterbpFee OKXbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$10.33
Price spread: +0.004% → +0.023%: −$1.98
Slippage, 4 orders: −$27.78
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$58.09
Costs to cover: 0.458%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	3.58 bp	13.1 bp −$13	30.4 bp −$304	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.85 bp	10.7 bp −$11	30.5 bp −$305	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 +0.0032% / S −0.0034%	1h	0.5858	−0.077%	$215K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0066%	1h	0.5920	+0.969%	$609	$6K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5858	−0.082%	$21K	$442K	20x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.5861	−0.031%	$17.5M	$31.9M	20x	as long as short
OKX PONS-USDT-SWAPshort	+0.0100%	4h	0.5863	+0.004%	$13.3M	$55.8M	20x
KuCoin PONSUSDTM	+0.0100%	4h	0.5867	+0.068%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0100%	4h	0.5868	+0.082%	$4.6M	$11.7M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.5875	+0.206%	$1.3M	$4.3M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5887	+0.418%	$34K	$338K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5869	+0.109%	$2K	$3K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX PONS-USDT	+0.0100%	4h	0.5858	−0.075%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5868	+0.085%	$27K	$548K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5876	+0.225%	$63K	$505K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5865	+0.038%	$1.6M	$3.3M	20x	as long as short
Aevo PONS-PERP	+0.0120%	1h	0.5864	+0.027%	$365	—	3x	as long as short
Nado PONS-PERP	+0.0124%	1h	0.5859	−0.060%	$89K	$103K	5x	as long as short
Aster PONSUSDTlong	+0.0149%	4h	0.5863	long leg	$1.1M	$2.2M	20x
Binance PONSUSDT	+0.0164%	4h	0.5869	+0.106%	$38.1M	$98.3M	20x	as long as short
MEXC PONS_USDT	+0.0166%	4h	0.5869	+0.106%	$7.5M	$5.2M	20x	as long as short
Extended PONS-USD	+0.0168%	1h	0.5870	+0.128%	$105K	$533K	5x	as long as short
edgeX PONSUSDC	+0.0173%	4h	0.5886	+0.403%	$21K	$292K	10x	as long as short
BingX PONS-USDT	+0.0180%	4h	0.5867	+0.072%	—	$3.1M	—	as long as short
Polymarket Perps PONS-USD	+0.0370%	1h	0.5862	−0.015%	$37K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0407%	4h	0.5860	−0.048%	$1.7M	$959K	20x	as long as short
Pacifica PONS	+0.0474%	1h	0.5866	+0.062%	$47K	$103K	3x	as long as short
Lighter RH PONS	+0.0488%	1h	0.5869	+0.111%	$415K	$2.6M	3x	as long as short
Hyperliquid PONS	+0.0518%	1h	0.5871	+0.147%	$58.9M	$30.0M	3x	as long as short
Gate PONS_USDT	+0.0712%	4h	0.5863	+0.004%	$5.1M	$6.8M	20x	as long as short
Lighter PONS	+0.0952%	1h	0.5871	+0.138%	$1.7M	$900K	3x	as long as short
Phoenix PONS	+0.1275%	1h	0.5886	+0.403%	$30K	$86K	3x	as long as short