Funding you earn now, next payment 06:00 UTC−0.0505%/8h= −55.3% APRpaid last 24h −0.101%
Price spread now: SoDEX against edgeX+0.021%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1711.713% of the position
Funding, last 3 days (all we have)−0.318%−$32 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now +0.021%, 7d avg +0.002%
=Together, before fees−0.148%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PONSUSDC | 0.5912 | 0.0605 | pay 0.0303% / 4h | 2h 06m | $20K | $294K | 10x |
| Short | SoDEX PONS-USD | 0.5913 | 0.0100 | get 0.0013% / 1h | 6m 51s | $25K | $585K | 3x |
edgeX PONSUSDC
SoDEX PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$106.1
- Price spread: +0.021% → +0.002%
- $1.93
- Slippage, 4 orders
- −$154.29
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$275.46
- Costs to cover
- 1.713%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 41 min ago; SoDEX: live order book, 42 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, 41 min ago | 10.95 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 42 min ago | 2.52 bp | 66.3 bp −$66 | 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 −0.0032% | 1h | 0.5905 | −0.105% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.979% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5912 | −0.001% | $402K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5912 | +0.006% | $21K | $425K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5921 | +0.158% | $2K | $3K | 10x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5910 | −0.031% | $69K | $131K | 5x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5908 | −0.062% | $5.3M | $6.4M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5905 | −0.112% | $29K | $329K | 5x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5915 | +0.057% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USDshort | +0.0100% | 1h | 0.5913 | +0.021% | $25K | $585K | 3x |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Orderly PERP_PONS_USDC_mythos
Nado PONS-PERP
Gate PONS_USDT
ApeX Omni PONSUSDT
SunX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | +0.0100% | 4h | 0.5901 | −0.175% | $64K | $524K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5906 | −0.095% | $1.6M | $3.2M | 20x | as long as short |
| Hyperliquid PONS | +0.0220% | 1h | 0.5913 | +0.026% | $60.0M | $29.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.5903 | −0.152% | $368 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0426% | 4h | 0.5911 | −0.011% | $13.4M | $55.8M | 20x | as long as short |
| Aster PONSUSDT | +0.0487% | 4h | 0.5911 | −0.014% | $1.1M | $2.2M | 20x | as long as short |
| Extended PONS-USD | +0.0600% | 1h | 0.5910 | −0.022% | $101K | $811K | 5x | as long as short |
| MEXC PONS_USDT | +0.0602% | 4h | 0.5911 | −0.011% | $7.5M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0603% | 4h | 0.5913 | +0.016% | $37.4M | $98.3M | 20x | as long as short |
| edgeX PONSUSDClong | +0.0605% | 4h | 0.5912 | long leg | $20K | $294K | 10x | |
| Bitget PONSUSDT | +0.0636% | 4h | 0.5914 | +0.047% | $4.7M | $12.2M | 20x | as long as short |
| Variational Omni PONS | +0.0661% | 4h | 0.5911 | −0.003% | $1.4M | $4.1M | — | as long as short |
| KuCoin PONSUSDTM | +0.0696% | 4h | 0.5914 | +0.038% | $1.6M | $3.8M | 20x | as long as short |
| Pacifica PONS | +0.0715% | 1h | 0.5911 | −0.003% | $45K | $69K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0733% | 1h | 0.5912 | +0.011% | $91K | $1.9M | 3x | as long as short |
| Lighter PONS | +0.0776% | 1h | 0.5913 | +0.028% | $1.6M | $939K | 3x | as long as short |
| BloFin PONS-USDT | +0.0843% | 4h | 0.5915 | +0.057% | $1.7M | $959K | 20x | as long as short |
| BingX PONS-USDT | +0.0926% | 4h | 0.5911 | −0.011% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0968% | 4h | 0.5910 | −0.028% | $17.6M | $31.5M | 20x | as long as short |
| Phoenix PONS | +0.1719% | 1h | 0.5911 | −0.007% | $45K | $121K | 3x | as long as short |
HTX PONS-USDT
Phemex PONSUSDT
Hyperliquid PONS
Aevo PONS-PERP
OKX PONS-USDT-SWAP
Aster PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
Bitget PONSUSDT
Variational Omni PONS
KuCoin PONSUSDTM
Pacifica PONS
Polymarket Perps PONS-USD
Lighter PONS
BloFin PONS-USDT
BingX PONS-USDT
Bybit PONSUSDT
Phoenix PONS