Funding you earn now, next payment 23:00 UTC−0.0092%/8h= −10.0% APRpaid last 24h −0.103%
Price spread now: ApeX Omni against edgeX+0.067%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1231.229% of the position
Funding, last 7 days−0.476%−$48 on $10k
+Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.067%, 7d avg +0.108%
=Together, before fees−0.573%+ Points / potential airdropedgeX: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.041% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.108%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PONSUSDC | 0.5904 | 0.0192 | pay 0.0096% / 4h | 1h 50m | $21K | $293K | 10x |
| Short | ApeX Omni PONSUSDT | 0.5908 | 0.0100 | get 0.0013% / 1h | 50m 09s | $34K | $342K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against edgeX. 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
- −$19.24
- Price spread: +0.067% → +0.108%
- −$4.09
- Slippage, 4 orders
- −$103.91
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$146.24
- Costs to cover
- 1.229%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; ApeX Omni: live order book, 32 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 edgeX live order book, 33 min ago | 11.86 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 32 min ago | 32.60 bp | 40.6 bp −$41 | 125.6 bp −$1,256 | 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 | 0.5920 | +0.277% | $217K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5920 | +0.267% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5934 | +0.511% | $21K | $440K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5927 | +0.392% | $17.7M | $31.7M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5925 | +0.358% | $13.4M | $56.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5925 | +0.360% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5929 | +0.431% | $4.7M | $11.7M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5905 | +0.020% | $1.3M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDTshort | +0.0100% | 1h | 0.5908 | +0.067% | $34K | $342K | 5x | |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5931 | +0.468% | $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 | 0.5930 | +0.443% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5925 | +0.365% | $27K | $544K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5937 | +0.563% | $64K | $505K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5923 | +0.325% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0120% | 1h | 0.5927 | +0.384% | $369 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0135% | 4h | 0.5923 | +0.329% | $1.1M | $2.2M | 20x | as long as short |
| Extended PONS-USD | +0.0160% | 1h | 0.5925 | +0.359% | $106K | $522K | 5x | as long as short |
| Binance PONSUSDT | +0.0164% | 4h | 0.5930 | +0.443% | $38.5M | $97.8M | 20x | as long as short |
| MEXC PONS_USDT | +0.0164% | 4h | 0.5928 | +0.409% | $7.5M | $4.9M | 20x | as long as short |
| Nado PONS-PERP | +0.0169% | 1h | 0.5932 | +0.483% | $90K | $103K | 5x | as long as short |
| BingX PONS-USDT | +0.0174% | 4h | 0.5925 | +0.358% | — | $3.1M | — | as long as short |
| edgeX PONSUSDClong | +0.0192% | 4h | 0.5904 | long leg | $21K | $293K | 10x | |
| Lighter RH PONS | +0.0368% | 1h | 0.5929 | +0.435% | $407K | $2.6M | 3x | as long as short |
| BloFin PONS-USDT | +0.0405% | 4h | 0.5917 | +0.223% | $1.7M | $975K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5935 | +0.529% | $47K | $103K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0474% | 1h | 0.5935 | +0.521% | $37K | $1.8M | 3x | as long as short |
| Hyperliquid PONS | +0.0605% | 1h | 0.5934 | +0.511% | $59.7M | $29.9M | 3x | as long as short |
| Lighter PONS | +0.0760% | 1h | 0.5931 | +0.465% | $1.7M | $984K | 3x | as long as short |
| Gate PONS_USDT | +0.1092% | 4h | 0.5923 | +0.325% | $5.2M | $6.4M | 20x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5917 | +0.214% | $30K | $96K | 3x | as long as short |
edgeX PONSUSDC
ApeX Omni PONSUSDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aster PONSUSDT
Extended PONS-USD
Binance PONSUSDT
MEXC PONS_USDT
BingX PONS-USDT
Lighter RH PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Lighter PONS
Gate PONS_USDT
Phoenix PONS