Funding you earn now, next payment 00:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.083%
Price spread now: Variational Omni against BloFin−0.098%7-day average −0.046% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.390%−$39 on $10k
+Price spread, last 3 days (all we have)−0.273%−$27 · spread now −0.098%, 7d avg −0.046%
=Together, before fees−0.662%+ Points / potential airdropVariational Omni: Active · farm board−$66 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PONS-USDT | 0.5863 | 0.0404 | pay 0.0202% / 4h | 2h 04m | $1.7M | $960K | 20x |
| Short | Variational Omni PONS | 0.5857 | 0.0100 | get 0.0050% / 4h | 2h 04m | $1.3M | $4.3M | — |
BloFin PONS-USDT
Variational Omni PONSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$63.91
- Price spread: −0.098% → −0.046%
- −$5.19
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$81.11
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; Variational Omni: RFQ quote, 4 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 BloFin live order book, 3 min ago | 1.70 bp | 15.7 bp −$16 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 5.95 bp | doesn't fit | 39.9 bp −$399 | 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 | 0.5861 | −0.028% | $215K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0066% | 1h | 0.5920 | +0.965% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5870 | +0.119% | $21K | $442K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5868 | +0.085% | $17.5M | $31.9M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5868 | +0.085% | $13.3M | $55.8M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5868 | +0.078% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5869 | +0.106% | $4.6M | $11.7M | 20x | as long as short |
| Variational Omni PONSshort | +0.0100% | 4h | 0.5857 | −0.098% | $1.3M | $4.3M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5874 | +0.188% | $34K | $338K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5875 | +0.198% | $2K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5871 | +0.133% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5865 | +0.038% | $27K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5875 | +0.198% | $63K | $505K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5865 | +0.034% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0120% | 1h | 0.5868 | +0.094% | $366 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0128% | 1h | 0.5870 | +0.119% | $89K | $103K | 5x | as long as short |
| Aster PONSUSDT | +0.0149% | 4h | 0.5864 | +0.017% | $1.1M | $2.2M | 20x | as long as short |
| MEXC PONS_USDT | +0.0164% | 4h | 0.5870 | +0.119% | $7.5M | $5.2M | 20x | as long as short |
| Binance PONSUSDT | +0.0166% | 4h | 0.5870 | +0.119% | $38.1M | $98.3M | 20x | as long as short |
| Extended PONS-USD | +0.0168% | 1h | 0.5870 | +0.125% | $105K | $532K | 5x | as long as short |
| BingX PONS-USDT | +0.0170% | 4h | 0.5867 | +0.068% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0173% | 4h | 0.5886 | +0.400% | $21K | $292K | 10x | as long as short |
| Polymarket Perps PONS-USD | +0.0373% | 1h | 0.5869 | +0.096% | $37K | $1.8M | 3x | as long as short |
| BloFin PONS-USDTlong | +0.0404% | 4h | 0.5863 | long leg | $1.7M | $960K | 20x | |
| Pacifica PONS | +0.0474% | 1h | 0.5870 | +0.120% | $47K | $103K | 3x | as long as short |
| Lighter RH PONS | +0.0480% | 1h | 0.5869 | +0.101% | $415K | $2.6M | 3x | as long as short |
| Hyperliquid PONS | +0.0519% | 1h | 0.5872 | +0.148% | $58.9M | $30.0M | 3x | as long as short |
| Gate PONS_USDT | +0.0704% | 4h | 0.5863 | 0.000% | $5.1M | $6.8M | 20x | as long as short |
| Lighter PONS | +0.0944% | 1h | 0.5872 | +0.148% | $1.7M | $900K | 3x | as long as short |
| Phoenix PONS | +0.1275% | 1h | 0.5870 | +0.123% | $30K | $86K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Nado PONS-PERP
Aster PONSUSDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
BingX PONS-USDT
edgeX PONSUSDC
Polymarket Perps PONS-USD
Pacifica PONS
Lighter RH PONS
Hyperliquid PONS
Gate PONS_USDT
Lighter PONS
Phoenix PONS