Funding you earn now, next payment 03:00 UTC−0.0306%/8h= −33.5% APRpaid last 24h −0.061%
Price spread now: Aevo against MEXC−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$9 a day on $10k at the current rate, and Aevo is 0.110% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PONS_USDT | 0.5948 | 0.0514 | pay 0.0257% / 4h | 1h 03m | $7.5M | $4.7M | 20x |
| Short | Aevo PONS-PERP | 0.5941 | 0.0208 | get 0.0026% / 1h | 3m 48s | $370 | — | 3x |
MEXC PONS_USDT
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against MEXC. 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
- −$64.26
- Price spread: −0.110% → 0.000%
- −$11.01
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$91.27
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 0.84 bp | 5.1 bp −$5 | 15.6 bp −$156 | 401.8 bp −$40.2K | 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/USD | L +0.0033% / S −0.0033% | 1h | 0.5945 | −0.057% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.361% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5955 | +0.118% | $21K | $435K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5981 | +0.553% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5955 | +0.109% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5956 | +0.141% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5951 | +0.049% | $26K | $527K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5969 | +0.356% | $64K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5954 | +0.101% | $1.6M | $3.2M | 20x | as long as short |
| Gate PONS_USDT | +0.0140% | 4h | 0.5955 | +0.118% | $5.2M | $6.3M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
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 | +0.056% | $1.4M | $3.9M | — | as long as short |
| Aevo PONS-PERPshort | +0.0208% | 1h | 0.5941 | −0.110% | $370 | — | 3x | |
| Nado PONS-PERP | +0.0242% | 1h | 0.5956 | +0.134% | $70K | $129K | 5x | as long as short |
| Lighter RH PONS | +0.0248% | 1h | 0.5945 | −0.050% | $403K | $2.5M | 3x | as long as short |
| Lighter PONS | +0.0288% | 1h | 0.5941 | −0.119% | $1.6M | $877K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0317% | 4h | 0.5937 | −0.185% | $13.5M | $54.4M | 20x | as long as short |
| Aster PONSUSDT | +0.0404% | 4h | 0.5947 | −0.018% | $1.1M | $2.1M | 20x | as long as short |
| Bitget PONSUSDT | +0.0426% | 4h | 0.5942 | −0.108% | $4.6M | $11.4M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0486% | 4h | 0.5951 | +0.055% | $1.6M | $3.7M | 20x | as long as short |
| Bybit PONSUSDT | +0.0490% | 4h | 0.5941 | −0.118% | $17.7M | $30.7M | 20x | as long as short |
| BingX PONS-USDT | +0.0506% | 4h | 0.5946 | −0.034% | — | $3.0M | — | as long as short |
| Extended PONS-USD | +0.0512% | 1h | 0.5952 | +0.076% | $246K | $672K | 5x | as long as short |
| MEXC PONS_USDTlong | +0.0514% | 4h | 0.5948 | long leg | $7.5M | $4.7M | 20x | |
| Binance PONSUSDT | +0.0515% | 4h | 0.5939 | −0.151% | $39.1M | $94.9M | 20x | as long as short |
| edgeX PONSUSDC | +0.0539% | 4h | 0.5968 | +0.335% | $18K | $293K | 10x | as long as short |
| BloFin PONS-USDT | +0.0754% | 4h | 0.5955 | +0.118% | $1.7M | $961K | 20x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.5957 | +0.153% | $47K | $69K | 3x | as long as short |
| Hyperliquid PONS | +0.0762% | 1h | 0.5940 | −0.134% | $60.5M | $27.8M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0850% | 1h | 0.5954 | +0.094% | $68K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.5959 | +0.180% | $31K | $98K | 3x | as long as short |
Variational Omni PONS
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
Binance PONSUSDT
edgeX PONSUSDC
BloFin PONS-USDT
Pacifica PONS
Hyperliquid PONS
Polymarket Perps PONS-USD
Phoenix PONS