PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.24 per $10,000 · paid last 24h +0.047%

Price spread now: Aevo against gTrade (Gains Network)+0.157%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aevo is 0.157% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PONS/USD	0.5903	L +0.0033% / S −0.0032%	pay 0.0004% / 1h	46m 38s	$235K	—	150x
Short	Aevo PONS-PERP	0.5913	0.0224	get 0.0028% / 1h	46m 38s	$368	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AevobpOrdersPrice spread, now +0.157%Rate

Funding earned: $40.14
Price spread: +0.157% → 0.000%: $15.74
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $27.87
Costs to cover: 0.280%
Break-even: 2.1 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 62 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 gTrade (Gains Network) virtual book (oracle venue), 62 min ago	130.01 bp	2119.4 bp −$2,119	16868.4 bp −$168.7K	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/USDlong	L +0.0033% / S −0.0032%	1h	0.5903	long leg	$235K	—	150x
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+1.123%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5908	+0.079%	$404K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5908	+0.081%	$21K	$420K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5915	+0.203%	$2K	$3K	10x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5915	+0.200%	$69K	$131K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5908	+0.079%	$29K	$320K	5x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5909	+0.107%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5910	+0.123%	$25K	$586K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5918	+0.247%	$64K	$525K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.5912	+0.149%	$1.6M	$3.2M	20x	as long as short
Aevo PONS-PERPshort	+0.0224%	1h	0.5913	+0.157%	$368	—	3x
Gate PONS_USDT	+0.0270%	4h	0.5906	+0.047%	$5.3M	$6.3M	20x	as long as short
Hyperliquid PONS	+0.0301%	1h	0.5907	+0.069%	$60.0M	$29.6M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0413%	4h	0.5907	+0.064%	$13.4M	$55.7M	20x	as long as short
Polymarket Perps PONS-USD	+0.0453%	1h	0.5910	+0.120%	$91K	$1.9M	3x	as long as short
Aster PONSUSDT	+0.0466%	4h	0.5907	+0.069%	$1.1M	$2.2M	20x	as long as short
Extended PONS-USD	+0.0552%	1h	0.5906	+0.048%	$101K	$811K	5x	as long as short
MEXC PONS_USDT	+0.0552%	4h	0.5907	+0.064%	$7.5M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0554%	4h	0.5908	+0.081%	$37.2M	$98.5M	20x	as long as short
Pacifica PONS	+0.0556%	1h	0.5908	+0.083%	$45K	$68K	3x	as long as short
edgeX PONSUSDC	+0.0571%	4h	0.5914	+0.186%	$20K	$295K	10x	as long as short
Variational Omni PONS	+0.0644%	4h	0.5912	+0.141%	$1.4M	$4.1M	—	as long as short
KuCoin PONSUSDTM	+0.0652%	4h	0.5910	+0.117%	$1.6M	$3.8M	20x	as long as short
Bitget PONSUSDT	+0.0660%	4h	0.5911	+0.125%	$4.7M	$12.2M	20x	as long as short
BloFin PONS-USDT	+0.0794%	4h	0.5912	+0.149%	$1.7M	$958K	20x	as long as short
Lighter PONS	+0.0800%	1h	0.5910	+0.118%	$1.6M	$828K	3x	as long as short
BingX PONS-USDT	+0.0806%	4h	0.5902	−0.020%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0832%	4h	0.5904	+0.013%	$17.6M	$31.4M	20x	as long as short
Phoenix PONS	+0.1472%	1h	0.5912	+0.146%	$45K	$127K	3x	as long as short