PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0224%/8h= −24.5% APRnext payment −$0.28 per $10,000 · paid last 24h −0.063%

Price spread now: Aevo against Extended+0.306%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.306% dearer against Extended than usual: you sell high and buy low (spread +0.306% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PONS-USD	0.6017	0.0408	pay 0.0051% / 1h	47m 34s	$249K	$682K	5x
Short	Aevo PONS-PERP	0.6036	0.0184	get 0.0023% / 1h	47m 34s	$376	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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 ExtendedbpFee AevobpOrdersPrice spread, now +0.306%Rate

Funding earned: −$47.04
Price spread: +0.306% → 0.000%: $30.61
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$37.43
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Extended: live order book, 20 min ago; Aevo: no order-book sample. 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 Extended live order book, 20 min ago	11.01 bp	25.4 bp −$25	193.8 bp −$1,938	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0033%	1h	0.6020	+0.051%	$238K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.797%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6020	+0.043%	$19K	$422K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6048	+0.501%	$1.4M	$4.1M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6065	+0.784%	$33K	$353K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6037	+0.328%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6041	+0.392%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6030	+0.209%	$26K	$530K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6044	+0.443%	$64K	$510K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6027	+0.159%	$1.7M	$3.2M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PONS-PERPshort	+0.0184%	1h	0.6036	+0.306%	$376	—	3x
OKX PONS-USDT-SWAP	+0.0213%	4h	0.6022	+0.076%	$13.8M	$55.5M	20x	as long as short
KuCoin PONSUSDTM	+0.0218%	4h	0.6024	+0.116%	$1.7M	$3.7M	20x	as long as short
Bybit PONSUSDT	+0.0294%	4h	0.6018	+0.009%	$18.1M	$30.8M	20x	as long as short
Bitget PONSUSDT	+0.0294%	4h	0.6023	+0.091%	$4.7M	$11.3M	20x	as long as short
Aster PONSUSDT	+0.0343%	4h	0.6025	+0.128%	$1.1M	$2.0M	20x	as long as short
BingX PONS-USDT	+0.0385%	4h	0.6020	+0.043%	—	$3.0M	—	as long as short
Nado PONS-PERP	+0.0392%	1h	0.6031	+0.218%	$71K	$132K	5x	as long as short
Lighter PONS	+0.0400%	1h	0.6029	+0.190%	$1.7M	$883K	3x	as long as short
Binance PONSUSDT	+0.0404%	4h	0.6021	+0.060%	$39.5M	$95.9M	20x	as long as short
Lighter RH PONS	+0.0408%	1h	0.6029	+0.190%	$421K	$2.5M	3x	as long as short
Extended PONS-USDlong	+0.0408%	1h	0.6017	long leg	$249K	$682K	5x
MEXC PONS_USDT	+0.0410%	4h	0.6025	+0.126%	$7.8M	$4.7M	20x	as long as short
edgeX PONSUSDC	+0.0416%	4h	0.6065	+0.794%	$21K	$293K	10x	as long as short
BloFin PONS-USDT	+0.0646%	4h	0.6065	+0.790%	$1.8M	$984K	20x	as long as short
Hyperliquid PONS	+0.0717%	1h	0.6032	+0.239%	$61.4M	$28.7M	3x	as long as short
Gate PONS_USDT	+0.0768%	4h	0.6027	+0.159%	$5.3M	$6.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.0790%	1h	0.6028	+0.174%	$46K	$1.6M	3x	as long as short
Pacifica PONS	+0.0869%	1h	0.6022	+0.083%	$47K	$75K	3x	as long as short
Phoenix PONS	+0.1695%	1h	0.6064	+0.774%	$31K	$107K	3x	as long as short