Funding you earn now, next payment 12:00 UTC+0.0779%/8h= +85.3% APRnext payment +$3.90 per $10,000 · paid last 24h +0.181%
Price spread now: BloFin against HTX−0.069%59s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as 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−$3583.585% of the position
Funding, last 7 days+0.997%+$100 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.069%, 7d avg −0.011%
=Funding pays, the price is against you. BloFin is 0.059% cheaper against HTX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.011%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$23 a day). The two prices were read 59 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 | HTX PONS-USDT | 0.6195 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $66K | $527K | 20x |
| Short | BloFin PONS-USDT | 0.6191 | 0.0879 | get 0.0440% / 4h | 3h 31m | $1.8M | $1.1M | 20x |
HTX PONS-USDT
BloFin PONS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $163.67
- Price spread: −0.069% → −0.011%
- −$5.87
- Slippage, 4 orders
- −$334.46
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$200.66
- Costs to cover
- 3.585%
- Break-even
- 15.6 days
Slippage from HTX: live order book, 2 min ago; BloFin: live order book, 1 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 HTX live order book, 2 min ago | 32.92 bp | 140.9 bp −$141 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 1.62 bp | 15.6 bp −$16 | 34.9 bp −$349 | 102.4 bp −$10.2K | 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 −0.0030% | 1h | 0.6173 | −0.353% | $241K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5938 | −4.145% | $610 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6183 | −0.199% | $23K | $437K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6185 | −0.166% | $72K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6177 | −0.297% | $31K | $290K | 5x | as long as short |
| Polymarket Perps PONS-USD | +0.0100% | 1h | 0.6177 | −0.303% | $72K | $2.2M | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6187 | −0.140% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6183 | −0.192% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6194 | −0.016% | $26K | $626K | 3x | as long as short |
| HTX PONS-USDTlong | +0.0100% | 4h | 0.6195 | long leg | $66K | $527K | 20x |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Nado PONS-PERP
ApeX Omni PONSUSDT
Polymarket Perps PONS-USD
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.6189 | −0.102% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0240% | 1h | 0.6180 | −0.247% | $385 | — | 3x | as long as short |
| Hyperliquid PONS | +0.0312% | 1h | 0.6186 | −0.150% | $63.3M | $30.7M | 3x | as long as short |
| Lighter RH PONS | +0.0376% | 1h | 0.6186 | −0.145% | $419K | $2.7M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0409% | 4h | 0.6189 | −0.102% | $14.2M | $60.7M | 20x | as long as short |
| Aster PONSUSDT | +0.0422% | 4h | 0.6179 | −0.265% | $1.1M | $2.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0478% | 4h | 0.6186 | −0.152% | $1.7M | $4.1M | 20x | as long as short |
| Lighter PONS | +0.0544% | 1h | 0.6188 | −0.126% | $1.7M | $868K | 3x | as long as short |
| Variational Omni PONS | +0.0577% | 4h | 0.6231 | +0.584% | $1.6M | $4.4M | — | as long as short |
| Binance PONSUSDT | +0.0629% | 4h | 0.6182 | −0.215% | $40.5M | $104.1M | 20x | as long as short |
| Extended PONS-USD | +0.0632% | 1h | 0.6181 | −0.225% | $104K | $827K | 5x | as long as short |
| MEXC PONS_USDT | +0.0632% | 4h | 0.6186 | −0.150% | $7.9M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0647% | 4h | 0.6188 | −0.121% | $20K | $293K | 10x | as long as short |
| Gate PONS_USDT | +0.0680% | 4h | 0.6183 | −0.199% | $5.4M | $6.4M | 20x | as long as short |
| Bitget PONSUSDT | +0.0722% | 4h | 0.6198 | +0.042% | $5.0M | $13.2M | 20x | as long as short |
| Pacifica PONS | +0.0853% | 1h | 0.6185 | −0.162% | $47K | $77K | 3x | as long as short |
| BloFin PONS-USDTshort | +0.0879% | 4h | 0.6191 | −0.069% | $1.8M | $1.1M | 20x | |
| BingX PONS-USDT | +0.1018% | 4h | 0.6178 | −0.279% | — | $3.2M | — | as long as short |
| Bybit PONSUSDT | +0.1052% | 4h | 0.6182 | −0.215% | $18.6M | $33.1M | 20x | as long as short |
| Phoenix PONS | +0.1714% | 1h | 0.6192 | −0.053% | $47K | $159K | 3x | as long as short |
Phemex PONSUSDT
Aevo PONS-PERP
Hyperliquid PONS
Lighter RH PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
KuCoin PONSUSDTM
Lighter PONS
Variational Omni PONS
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
edgeX PONSUSDC
Gate PONS_USDT
Bitget PONSUSDT
Pacifica PONS
BingX PONS-USDT
Bybit PONSUSDT
Phoenix PONS