Funding you earn now, next payment 07:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.048%
Price spread now: Aevo against Injective+0.202%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (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 +$5 a day on $10k at the current rate, and Aevo is 0.202% dearer against Injective than usual: you sell high and buy low: +$20 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 | Injective PONS/USDC PERP | 0.5938 | 0.0033 | pay 0.0004% / 1h | 5m 01s | $610 | $10K | 5.5x |
| Short | Aevo PONS-PERP | 0.5950 | 0.0200 | get 0.0025% / 1h | 5m 01s | $371 | — | 3x |
Injective PONS/USDC PERP
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Injective. 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
- $35
- Price spread: +0.202% → 0.000%
- $20.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $39.19
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Injective and 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/USD | L +0.0032% / S −0.0030% | 1h | 0.5942 | +0.064% | $243K | — | 150x | as long as short |
| Injective PONS/USDC PERPlong | +0.0033% | 1h | 0.5938 | long leg | $610 | $10K | 5.5x | |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5947 | +0.143% | $22K | $420K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5955 | +0.285% | $2K | $3K | 10x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5949 | +0.171% | $70K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5921 | −0.298% | $29K | $314K | 5x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5950 | +0.199% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5946 | +0.130% | $26K | $581K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5949 | +0.184% | $65K | $525K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5949 | +0.177% | $1.6M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Popdex PONSUSDT
Orderly PERP_PONS_USDC_mythos
Nado PONS-PERP
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0104% | 1h | 0.5947 | +0.143% | $412K | $2.6M | 3x | as long as short |
| Aevo PONS-PERPshort | +0.0200% | 1h | 0.5950 | +0.202% | $371 | — | 3x | |
| Hyperliquid PONS | +0.0300% | 1h | 0.5947 | +0.135% | $60.4M | $29.5M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0419% | 4h | 0.5938 | −0.008% | $13.4M | $55.5M | 20x | as long as short |
| Aster PONSUSDT | +0.0465% | 4h | 0.5953 | +0.241% | $1.1M | $2.2M | 20x | as long as short |
| Extended PONS-USD | +0.0488% | 1h | 0.5941 | +0.043% | $102K | $807K | 5x | as long as short |
| MEXC PONS_USDT | +0.0488% | 4h | 0.5944 | +0.093% | $7.7M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0490% | 4h | 0.5944 | +0.091% | $37.4M | $98.0M | 20x | as long as short |
| edgeX PONSUSDC | +0.0500% | 4h | 0.5918 | −0.353% | $20K | $290K | 10x | as long as short |
| Variational Omni PONS | +0.0548% | 4h | 0.5964 | +0.437% | $1.4M | $4.1M | — | as long as short |
| Pacifica PONS | +0.0556% | 1h | 0.5957 | +0.315% | $45K | $68K | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0596% | 4h | 0.5950 | +0.187% | $1.6M | $3.8M | 20x | as long as short |
| BingX PONS-USDT | +0.0656% | 4h | 0.5941 | +0.042% | — | $3.0M | — | as long as short |
| Polymarket Perps PONS-USD | +0.0656% | 1h | 0.5949 | +0.175% | $87K | $1.9M | 3x | as long as short |
| Bybit PONSUSDT | +0.0661% | 4h | 0.5936 | −0.042% | $17.6M | $31.2M | 20x | as long as short |
| Bitget PONSUSDT | +0.0688% | 4h | 0.5942 | +0.064% | $4.7M | $12.2M | 20x | as long as short |
| BloFin PONS-USDT | +0.0730% | 4h | 0.5949 | +0.177% | $1.7M | $946K | 20x | as long as short |
| Gate PONS_USDT | +0.0732% | 4h | 0.5947 | +0.143% | $5.3M | $6.3M | 20x | as long as short |
| Lighter PONS | +0.0896% | 1h | 0.5948 | +0.160% | $1.7M | $832K | 3x | as long as short |
| Phoenix PONS | +0.1472% | 1h | 0.5918 | −0.344% | $45K | $127K | 3x | as long as short |
Lighter RH PONS
Hyperliquid PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
edgeX PONSUSDC
Variational Omni PONS
Pacifica PONS
KuCoin PONSUSDTM
BingX PONS-USDT
Polymarket Perps PONS-USD
Bybit PONSUSDT
Bitget PONSUSDT
BloFin PONS-USDT
Gate PONS_USDT
Lighter PONS
Phoenix PONS