PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: ApeX Omni against gTrade (Gains Network)−0.301%67s7-day average +0.264% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4,71747.172% of the position

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 2 days (all we have)+0.034%+$3 on $10k

Price spread, last 4 days (all we have)+0.387%+$39 · spread now −0.301%, 7d avg +0.264%

Together, before fees+0.421%+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.565% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.301% now, against its 7-day average of +0.264%). If the spread goes back, that is −$56 on $10k: about 27 days of funding at the current rate (+$2 a day). The two prices were read 67 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	gTrade (Gains Network) PONS/USD	0.6295	L +0.0032% / S −0.0029%	pay 0.0004% / 1h	3m 55s	$248K	—	150x
Short	ApeX Omni PONSUSDT	0.6276	0.0100	get 0.0013% / 1h	3m 55s	$31K	$285K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.301%Rate

Funding earned: $14.38
Price spread: −0.301% → +0.264%: −$56.5
Slippage, 4 orders: −$4,695.16
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$4,759.27
Costs to cover: 47.172%
Break-even: 2323.5 days

Slippage from gTrade (Gains Network): virtual book (oracle exchange), 43 min ago; ApeX Omni: live order book, 41 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 gTrade (Gains Network) virtual book (oracle exchange), 43 min ago	130.01 bp	2120.1 bp −$2,120	16868.9 bp −$168.7K	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 41 min ago	46.74 bp	70.5 bp −$71	152.6 bp −$1,526	doesn't fit	doesn't fit

PONS on 30 exchanges

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 +0.0032% / S −0.0029%	1h	0.6295	long leg	$248K	—	150x
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	−5.657%	$610	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6304	+0.150%	$22K	$395K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6300	+0.086%	$77K	$92K	5x	as long as short
ApeX Omni PONSUSDTshort	+0.0100%	1h	0.6276	−0.301%	$31K	$285K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6307	+0.196%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6301	+0.097%	—	$845K	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6301	+0.102%	$27K	$596K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6297	+0.034%	$65K	$549K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6299	+0.070%	$1.7M	$3.2M	20x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PONS_USDT	+0.0160%	4h	0.6296	+0.023%	$5.4M	$6.5M	20x	as long as short
Hyperliquid PONS	+0.0211%	1h	0.6299	+0.070%	$64.6M	$29.5M	3x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.6303	+0.129%	$393	—	3x	as long as short
Lighter PONS	+0.0264%	1h	0.6302	+0.116%	$1.8M	$858K	3x	as long as short
OKX PONS-USDT-SWAP	+0.0274%	4h	0.6298	+0.054%	$13.9M	$59.1M	20x	as long as short
Lighter RH PONS	+0.0304%	1h	0.6300	+0.091%	$461K	$2.7M	3x	as long as short
Aster PONSUSDT	+0.0440%	4h	0.6303	+0.126%	$1.2M	$2.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.0475%	1h	0.6303	+0.137%	$89K	$2.0M	3x	as long as short
KuCoin PONSUSDTM	+0.0492%	4h	0.6301	+0.102%	$1.8M	$4.3M	20x	as long as short
Binance PONSUSDT	+0.0592%	4h	0.6302	+0.118%	$40.6M	$98.2M	20x	as long as short
Extended PONS-USD	+0.0592%	1h	0.6300	+0.085%	$181K	$854K	5x	as long as short
edgeX PONSUSDC	+0.0595%	4h	0.6299	+0.076%	$18K	$295K	10x	as long as short
Variational Omni PONS	+0.0596%	4h	0.6303	+0.131%	$1.5M	$3.9M	—	as long as short
MEXC PONS_USDT	+0.0598%	4h	0.6302	+0.118%	$7.6M	$4.7M	20x	as long as short
Pacifica PONS	+0.0616%	1h	0.6296	+0.018%	$46K	$73K	3x	as long as short
Bitget PONSUSDT	+0.0706%	4h	0.6302	+0.123%	$5.0M	$13.1M	20x	as long as short
BingX PONS-USDT	+0.0722%	4h	0.6291	−0.057%	—	$3.1M	—	as long as short
Bybit PONSUSDT	+0.0761%	4h	0.6299	+0.070%	$18.9M	$31.6M	20x	as long as short
BloFin PONS-USDT	+0.0833%	4h	0.6305	+0.166%	$1.8M	$1.1M	20x	as long as short
Phoenix PONS	+0.1637%	1h	0.6303	+0.142%	$48K	$162K	3x	as long as short