Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.4% APRpaid last 24h +0.021%
Price spread now: SunX against gTrade (Gains Network)+0.199%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$4,841as in the Price arb table
costs, in and out, $10k−$4,84248.417% of the position
Funding, last 1 day (all we have)+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)+1.154%+$115 · spread now +0.199%, 7d avg +0.190%
=The price spread sits at its 7-day average of +0.190%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PONS/USD | 0.5945 | L +0.0033% / S −0.0033% | pay 0.0004% / 1h | 4m 12s | $235K | — | 150x |
| Short | SunX PONS-USDT | 0.5956 | 0.0100 | get 0.0050% / 4h | 1h 04m | — | $1.3M | 10x |
gTrade (Gains Network) PONS/USD
SunX PONS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.1
- Price spread: +0.199% → +0.190%
- $0.82
- Slippage, 4 orders
- −$4,821.69
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$4,826.78
- Costs to cover
- 48.417%
- Break-even
- 2403.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 60 min ago; SunX: live order book, 10 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 venue), 60 min ago | 130.01 bp | 2119.9 bp −$2,120 | 16869.0 bp −$168.7K | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 106.11 bp | 125.9 bp −$126 | doesn't fit | 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/USDlong | L +0.0033% / S −0.0033% | 1h | 0.5945 | long leg | $235K | — | 150x | |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.419% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5955 | +0.175% | $21K | $435K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5981 | +0.611% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5955 | +0.167% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDTshort | +0.0100% | 4h | 0.5956 | +0.199% | — | $1.3M | 10x | |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5951 | +0.106% | $26K | $527K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5969 | +0.414% | $64K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5954 | +0.158% | $1.6M | $3.2M | 20x | as long as short |
| Gate PONS_USDT | +0.0140% | 4h | 0.5956 | +0.192% | $5.2M | $6.3M | 20x | as long as short |
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Gate PONS_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PONS | +0.0199% | 4h | 0.5951 | +0.114% | $1.4M | $3.9M | — | as long as short |
| Aevo PONS-PERP | +0.0208% | 1h | 0.5941 | −0.053% | $370 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0242% | 1h | 0.5956 | +0.192% | $70K | $129K | 5x | as long as short |
| Lighter RH PONS | +0.0248% | 1h | 0.5952 | +0.128% | $404K | $2.5M | 3x | as long as short |
| Lighter PONS | +0.0304% | 1h | 0.5953 | +0.141% | $1.6M | $877K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0317% | 4h | 0.5948 | +0.057% | $13.5M | $54.5M | 20x | as long as short |
| Aster PONSUSDT | +0.0405% | 4h | 0.5948 | +0.055% | $1.1M | $2.1M | 20x | as long as short |
| Bitget PONSUSDT | +0.0426% | 4h | 0.5954 | +0.153% | $4.7M | $11.4M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0486% | 4h | 0.5953 | +0.141% | $1.6M | $3.7M | 20x | as long as short |
| Bybit PONSUSDT | +0.0490% | 4h | 0.5952 | +0.125% | $17.8M | $30.7M | 20x | as long as short |
| BingX PONS-USDT | +0.0506% | 4h | 0.5953 | +0.141% | — | $3.0M | — | as long as short |
| Extended PONS-USD | +0.0512% | 1h | 0.5948 | +0.066% | $246K | $672K | 5x | as long as short |
| MEXC PONS_USDT | +0.0514% | 4h | 0.5952 | +0.125% | $7.5M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0514% | 4h | 0.5955 | +0.169% | $39.2M | $94.9M | 20x | as long as short |
| edgeX PONSUSDC | +0.0539% | 4h | 0.5968 | +0.393% | $18K | $293K | 10x | as long as short |
| BloFin PONS-USDT | +0.0754% | 4h | 0.5955 | +0.175% | $1.7M | $961K | 20x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.5957 | +0.211% | $47K | $69K | 3x | as long as short |
| Hyperliquid PONS | +0.0766% | 1h | 0.5952 | +0.130% | $60.6M | $27.8M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0850% | 1h | 0.5954 | +0.152% | $68K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.5959 | +0.237% | $31K | $98K | 3x | as long as short |
Variational Omni PONS
Aevo PONS-PERP
Nado PONS-PERP
Lighter RH PONS
Lighter PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
Bitget PONSUSDT
KuCoin PONSUSDTM
Bybit PONSUSDT
BingX PONS-USDT
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
edgeX PONSUSDC
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Polymarket Perps PONS-USD
Phoenix PONS