Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h −0.001%
Price spread now: Extended against edgeX−0.036%93s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.377%−$38 · spread now −0.036%, 7d avg −0.030%
=Together, before fees−0.297%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PONSUSDC | 0.6138 | 0.0574 | pay 0.0287% / 4h | 19m 44s | $20K | $291K | 10x |
| Short | Extended PONS-USD | 0.6136 | 0.0584 | get 0.0073% / 1h | 19m 44s | $103K | $828K | 5x |
edgeX PONSUSDC
Extended PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $2.03
- Price spread: −0.036% → −0.030%
- −$0.58
- Slippage, 4 orders
- −$78.87
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$91.42
- Costs to cover
- 0.929%
- Break-even
- 322.5 days
Slippage from edgeX: live order book, 18 min ago; Extended: live order book, 18 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, 18 min ago | 12.06 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 18 min ago | 10.96 bp | 26.3 bp −$26 | 219.6 bp −$2,196 | 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 −0.0029% | 1h | 0.6126 | −0.209% | $233K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6133 | −0.089% | $22K | $455K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6129 | −0.149% | $72K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6139 | +0.007% | $30K | $300K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6137 | −0.024% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6128 | −0.176% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6131 | −0.127% | $26K | $639K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6142 | +0.064% | $66K | $536K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6137 | −0.024% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.6133 | −0.081% | $382 | — | 3x | as long as short |
gTrade (Gains Network) PONS/USD
Popdex PONSUSDT
Nado PONS-PERP
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PONS-USDT-SWAP | +0.0408% | 4h | 0.6136 | −0.040% | $13.9M | $60.4M | 20x | as long as short |
| Lighter RH PONS | +0.0456% | 1h | 0.6133 | −0.094% | $416K | $2.7M | 3x | as long as short |
| Gate PONS_USDT | +0.0462% | 4h | 0.6138 | −0.008% | $5.5M | $6.6M | 20x | as long as short |
| Lighter PONS | +0.0472% | 1h | 0.6133 | −0.083% | $1.7M | $855K | 3x | as long as short |
| Aster PONSUSDT | +0.0477% | 4h | 0.6137 | −0.027% | $1.1M | $2.4M | 20x | as long as short |
| Variational Omni PONS | +0.0490% | 4h | 0.6128 | −0.172% | $1.5M | $4.2M | — | as long as short |
| KuCoin PONSUSDTM | +0.0538% | 4h | 0.6136 | −0.039% | $1.6M | $4.0M | 20x | as long as short |
| Pacifica PONS | +0.0572% | 1h | 0.6130 | −0.143% | $46K | $69K | 3x | as long as short |
| edgeX PONSUSDClong | +0.0574% | 4h | 0.6138 | long leg | $20K | $291K | 10x | |
| Binance PONSUSDT | +0.0583% | 4h | 0.6136 | −0.039% | $39.8M | $105.0M | 20x | as long as short |
| Extended PONS-USDshort | +0.0584% | 1h | 0.6136 | −0.036% | $103K | $828K | 5x | |
| MEXC PONS_USDT | +0.0590% | 4h | 0.6134 | −0.073% | $7.7M | $4.8M | 20x | as long as short |
| Hyperliquid PONS | +0.0619% | 1h | 0.6138 | −0.008% | $62.4M | $30.4M | 3x | as long as short |
| Bybit PONSUSDT | +0.0643% | 4h | 0.6134 | −0.073% | $18.3M | $32.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0668% | 4h | 0.6139 | +0.009% | — | $3.2M | — | as long as short |
| Bitget PONSUSDT | +0.0702% | 4h | 0.6140 | +0.026% | $4.9M | $13.0M | 20x | as long as short |
| BloFin PONS-USDT | +0.0830% | 4h | 0.6127 | −0.187% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.1038% | 1h | 0.6132 | −0.102% | $73K | $2.3M | 3x | as long as short |
| Injective PONS/USDC PERP | +0.1069% | 1h | 0.5938 | −3.258% | $610 | $10K | 5.5x | as long as short |
| Phoenix PONS | +0.1405% | 1h | 0.6100 | −0.630% | $46K | $127K | 3x | as long as short |
OKX PONS-USDT-SWAP
Lighter RH PONS
Gate PONS_USDT
Lighter PONS
Aster PONSUSDT
Variational Omni PONS
KuCoin PONSUSDTM
Pacifica PONS
Binance PONSUSDT
MEXC PONS_USDT
Hyperliquid PONS
Bybit PONSUSDT
BingX PONS-USDT
Bitget PONSUSDT
BloFin PONS-USDT
Polymarket Perps PONS-USD
Injective PONS/USDC PERP
Phoenix PONS