Funding you earn now, next payment 08:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h −0.074%
Price spread now: OKX against Extended−0.005%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$810.812% of the position
Funding, last 7 days−0.303%−$30 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.005%, 7d avg −0.004%
=Together, before fees−0.315%+ Points / potential airdropExtended: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PONS-USD | 0.6184 | 0.0592 | pay 0.0074% / 1h | 16m 55s | $103K | $828K | 5x |
| Short | OKX PONS-USDT-SWAP | 0.6184 | 0.0415 | get 0.0207% / 4h | 16m 55s | $14.0M | $60.9M | 20x |
Extended PONS-USD
OKX PONS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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
- −$37.21
- Price spread: −0.005% → −0.004%
- −$0.1
- Slippage, 4 orders
- −$66.21
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$118.52
- Costs to cover
- 0.812%
- Break-even
- never at this rate
Slippage from Extended: live order book, 21 min ago; OKX: live order book, 2 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, 21 min ago | 10.96 bp | 25.5 bp −$25 | 181.4 bp −$1,814 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.62 bp | 15.1 bp −$15 | 35.7 bp −$357 | 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 | 0.6166 | −0.298% | $234K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6179 | −0.086% | $22K | $455K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6178 | −0.104% | $72K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6153 | −0.507% | $30K | $300K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6184 | −0.012% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6171 | −0.211% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6181 | −0.054% | $26K | $639K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6177 | −0.122% | $67K | $536K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6173 | −0.183% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0224% | 1h | 0.6178 | −0.104% | $385 | — | 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-SWAPshort | +0.0415% | 4h | 0.6184 | −0.005% | $14.0M | $60.9M | 20x | |
| Gate PONS_USDT | +0.0452% | 4h | 0.6168 | −0.264% | $5.5M | $6.6M | 20x | as long as short |
| Aster PONSUSDT | +0.0481% | 4h | 0.6183 | −0.025% | $1.1M | $2.4M | 20x | as long as short |
| Lighter RH PONS | +0.0488% | 1h | 0.6183 | −0.026% | $417K | $2.7M | 3x | as long as short |
| Variational Omni PONS | +0.0490% | 4h | 0.6128 | −0.912% | $1.5M | $4.2M | — | as long as short |
| Lighter PONS | +0.0536% | 1h | 0.6181 | −0.060% | $1.7M | $855K | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0536% | 4h | 0.6177 | −0.123% | $1.6M | $4.0M | 20x | as long as short |
| Pacifica PONS | +0.0572% | 1h | 0.6179 | −0.086% | $46K | $77K | 3x | as long as short |
| MEXC PONS_USDT | +0.0586% | 4h | 0.6185 | +0.011% | $7.8M | $4.8M | 20x | as long as short |
| Extended PONS-USDlong | +0.0592% | 1h | 0.6184 | long leg | $103K | $828K | 5x | |
| edgeX PONSUSDC | +0.0592% | 4h | 0.6150 | −0.552% | $20K | $292K | 10x | as long as short |
| Binance PONSUSDT | +0.0594% | 4h | 0.6186 | +0.033% | $40.1M | $105.1M | 20x | as long as short |
| Hyperliquid PONS | +0.0620% | 1h | 0.6180 | −0.067% | $62.8M | $30.4M | 3x | as long as short |
| Bybit PONSUSDT | +0.0650% | 4h | 0.6184 | −0.005% | $18.5M | $33.0M | 20x | as long as short |
| BingX PONS-USDT | +0.0666% | 4h | 0.6188 | +0.059% | — | $3.2M | — | as long as short |
| Bitget PONSUSDT | +0.0704% | 4h | 0.6190 | +0.092% | $4.9M | $13.0M | 20x | as long as short |
| BloFin PONS-USDT | +0.0834% | 4h | 0.6180 | −0.070% | $1.8M | $1.1M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.1035% | 1h | 0.6178 | −0.109% | $73K | $2.3M | 3x | as long as short |
| Injective PONS/USDC PERP | +0.1069% | 1h | 0.5938 | −3.975% | $610 | $10K | 5.5x | as long as short |
| Phoenix PONS | +0.1405% | 1h | 0.6159 | −0.414% | $47K | $127K | 3x | as long as short |
Gate PONS_USDT
Aster PONSUSDT
Lighter RH PONS
Variational Omni PONS
Lighter PONS
KuCoin PONSUSDTM
Pacifica PONS
MEXC PONS_USDT
edgeX PONSUSDC
Binance PONSUSDT
Hyperliquid PONS
Bybit PONSUSDT
BingX PONS-USDT
Bitget PONSUSDT
BloFin PONS-USDT
Polymarket Perps PONS-USD
Injective PONS/USDC PERP
Phoenix PONS