PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0508%/8h= −55.6% APRnext payment −$0.64 per $10,000 · paid last 24h −0.100%

Price spread now: ApeX Omni against Extended−0.350%92s7-day average +0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$234as 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−$1761.763% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.580%−$58 on $10k

Price spread, last 4 days (all we have)+0.759%+$76 · spread now −0.350%, 7d avg +0.127%

Together, before fees+0.179%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and ApeX Omni is 0.477% cheaper against Extended than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of +0.127%). Swap the legs. The two prices were read 92 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	Extended PONS-USD	0.6175	0.0608	pay 0.0076% / 1h	16m 03s	$103K	$828K	5x
Short	ApeX Omni PONSUSDT	0.6153	0.0100	get 0.0013% / 1h	16m 03s	$30K	$300K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.350%Rate

Funding earned: −$106.68
Price spread: −0.350% → +0.127%: −$47.71
Slippage, 4 orders: −$161.26
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$330.65
Costs to cover: 1.763%
Break-even: never at this rate

Slippage from Extended: live order book, 22 min ago; ApeX Omni: live order book, 21 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 Extended live order book, 22 min ago	10.96 bp	25.5 bp −$25	181.4 bp −$1,814	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 21 min ago	36.65 bp	75.4 bp −$75	148.9 bp −$1,489	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	0.6171	−0.058%	$235K	—	150x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6182	+0.120%	$22K	$455K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6186	+0.179%	$72K	$130K	5x	as long as short
ApeX Omni PONSUSDTshort	+0.0100%	1h	0.6153	−0.350%	$30K	$300K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6184	+0.154%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6184	+0.147%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6179	+0.063%	$26K	$639K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6191	+0.261%	$67K	$536K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6173	−0.026%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.6180	+0.095%	$385	—	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0413%	4h	0.6178	+0.055%	$14.0M	$60.9M	20x	as long as short
Gate PONS_USDT	+0.0458%	4h	0.6165	−0.156%	$5.5M	$6.6M	20x	as long as short
Aster PONSUSDT	+0.0487%	4h	0.6181	+0.110%	$1.1M	$2.4M	20x	as long as short
Variational Omni PONS	+0.0490%	4h	0.6128	−0.756%	$1.5M	$4.2M	—	as long as short
Lighter RH PONS	+0.0512%	1h	0.6178	+0.055%	$417K	$2.7M	3x	as long as short
Lighter PONS	+0.0536%	1h	0.6179	+0.066%	$1.7M	$856K	3x	as long as short
KuCoin PONSUSDTM	+0.0538%	4h	0.6177	+0.042%	$1.6M	$4.0M	20x	as long as short
Pacifica PONS	+0.0572%	1h	0.6184	+0.159%	$47K	$77K	3x	as long as short
MEXC PONS_USDT	+0.0592%	4h	0.6175	+0.006%	$7.8M	$4.8M	20x	as long as short
edgeX PONSUSDC	+0.0592%	4h	0.6150	−0.396%	$20K	$292K	10x	as long as short
Binance PONSUSDT	+0.0605%	4h	0.6176	+0.026%	$40.1M	$105.1M	20x	as long as short
Extended PONS-USDlong	+0.0608%	1h	0.6175	long leg	$103K	$828K	5x
Hyperliquid PONS	+0.0620%	1h	0.6175	+0.002%	$62.8M	$30.4M	3x	as long as short
BingX PONS-USDT	+0.0666%	4h	0.6176	+0.022%	—	$3.2M	—	as long as short
Bybit PONSUSDT	+0.0669%	4h	0.6179	+0.071%	$18.5M	$33.0M	20x	as long as short
Bitget PONSUSDT	+0.0706%	4h	0.6180	+0.090%	$4.9M	$13.0M	20x	as long as short
BloFin PONS-USDT	+0.0834%	4h	0.6180	+0.087%	$1.8M	$1.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.1035%	1h	0.6181	+0.103%	$73K	$2.3M	3x	as long as short
Injective PONS/USDC PERP	+0.1069%	1h	0.5938	−3.824%	$610	$10K	5.5x	as long as short
Phoenix PONS	+0.1405%	1h	0.6159	−0.258%	$47K	$127K	3x	as long as short