Funding you earn now, next payment 23:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.077%
Price spread now: Popdex against Nado+0.022%7-day average +0.009% · 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−$308as in the Price arb table
costs, in and out, $10k−$3093.088% of the position
Funding, last 3 days (all we have)−0.158%−$16 on $10k
+Price spread, last 3 days (all we have)−0.140%−$14 · spread now +0.022%, 7d avg +0.009%
=Together, before fees−0.298%+ Points / potential airdropNado: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, 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 | Nado PONS-PERP | 0.5938 | 0.0173 | pay 0.0022% / 1h | 47m 05s | $90K | $103K | 5x |
| Short | Popdex PONSUSDT | 0.5939 | 0.0096 | get 0.0012% / 1h | 47m 05s | $21K | $432K | 20x |
Nado PONS-PERP
Popdex PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Nado. 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
- −$16.21
- Price spread: +0.022% → +0.009%
- $1.28
- Slippage, 4 orders
- −$302.39
- Fee Nado: 0 bp × 2 orders
- $0
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$323.72
- Costs to cover
- 3.088%
- Break-even
- never at this rate
Slippage from Nado: live order book, 26 min ago; Popdex: live order book, 37 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 Nado live order book, 26 min ago | 16.14 bp | 50.1 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Popdex live order book, 37 min ago | 2.80 bp | 107.8 bp −$108 | 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/USD | L +0.0032% / S −0.0034% | 1h | 0.5928 | −0.163% | $217K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5920 | −0.305% | $609 | $6K | 5.5x | as long as short |
| Popdex PONSUSDTshort | +0.0096% | 1h | 0.5939 | +0.022% | $21K | $432K | 20x | |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5935 | −0.045% | $17.7M | $31.7M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5940 | +0.039% | $13.5M | $56.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5937 | −0.017% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5941 | +0.062% | $4.7M | $11.7M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5905 | −0.551% | $1.3M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5928 | −0.165% | $34K | $343K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5941 | +0.064% | $2K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5940 | +0.035% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5935 | −0.052% | $27K | $547K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5939 | +0.020% | $64K | $505K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5931 | −0.113% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0120% | 1h | 0.5936 | −0.037% | $370 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0139% | 4h | 0.5934 | −0.069% | $1.1M | $2.2M | 20x | as long as short |
| Extended PONS-USD | +0.0160% | 1h | 0.5937 | −0.010% | $106K | $522K | 5x | as long as short |
| Binance PONSUSDT | +0.0164% | 4h | 0.5937 | −0.012% | $38.6M | $97.7M | 20x | as long as short |
| MEXC PONS_USDT | +0.0166% | 4h | 0.5937 | −0.012% | $7.5M | $4.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0172% | 4h | 0.5939 | +0.022% | — | $3.1M | — | as long as short |
| Nado PONS-PERPlong | +0.0173% | 1h | 0.5938 | long leg | $90K | $103K | 5x | |
| edgeX PONSUSDC | +0.0188% | 4h | 0.5917 | −0.341% | $21K | $293K | 10x | as long as short |
| Lighter RH PONS | +0.0328% | 1h | 0.5936 | −0.025% | $421K | $2.6M | 3x | as long as short |
| BloFin PONS-USDT | +0.0404% | 4h | 0.5934 | −0.062% | $1.7M | $975K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5936 | −0.028% | $47K | $104K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0485% | 1h | 0.5938 | +0.012% | $37K | $1.8M | 3x | as long as short |
| Hyperliquid PONS | +0.0604% | 1h | 0.5943 | +0.086% | $59.8M | $30.0M | 3x | as long as short |
| Lighter PONS | +0.0800% | 1h | 0.5937 | −0.007% | $1.7M | $984K | 3x | as long as short |
| Gate PONS_USDT | +0.1154% | 4h | 0.5933 | −0.079% | $5.2M | $6.4M | 20x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5931 | −0.106% | $30K | $96K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Aster PONSUSDT
Extended PONS-USD
Binance PONSUSDT
MEXC PONS_USDT
BingX PONS-USDT
edgeX PONSUSDC
Lighter RH PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Lighter PONS
Gate PONS_USDT
Phoenix PONS