Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0578%/8h= −63.3% APRnext payment $0.72 per $10,000 · paid last 24h −0.110%
Price spread now: Aevo against Polymarket Perps−0.015%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PONS-USD0.60970.0746pay 0.0093% / 1h33m 13s$44K$1.6M3x
ShortAevo PONS-PERP0.60960.0168get 0.0021% / 1h33m 13s$3803x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$121.48
Price spread: −0.015% → 0.000%
−$1.49
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$146.97
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 5 min ago2.80 bp6.8 bp −$77.1 bp −$71doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0033%1h0.6087−0.162%$241K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−2.086%$614$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.6096−0.010%$432K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.6096−0.011%$20K$416K20xas long as short
Variational Omni PONS+0.0100%4h0.6077−0.322%$1.4M$4.2Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6090−0.116%$33K$359K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6102+0.082%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6093−0.064%$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6096−0.011%$28K$547K3xas long as short
HTX PONS-USDT+0.0100%4h0.6098+0.018%$65K$511K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.6090−0.110%$1.7M$3.2M20xas long as short
OKX PONS-USDT-SWAP+0.0148%4h0.6098+0.021%$13.9M$57.1M20xas long as short
Aevo PONS-PERPshort+0.0168%1h0.6096−0.015%$3803x
KuCoin PONSUSDTM+0.0174%4h0.6092−0.069%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0220%4h0.6102+0.084%$4.8M$11.5M20xas long as short
Aster PONSUSDT+0.0228%4h0.6096−0.005%$1.1M$2.1M20xas long as short
Extended PONS-USD+0.0336%1h0.6096−0.016%$252K$679K5xas long as short
MEXC PONS_USDT+0.0336%4h0.6099+0.038%$7.9M$4.8M20xas long as short
Binance PONSUSDT+0.0338%4h0.6101+0.069%$40.0M$96.9M20xas long as short
edgeX PONSUSDC+0.0350%4h0.6075−0.350%$21K$294K10xas long as short
Lighter PONS+0.0448%1h0.6097+0.005%$1.7M$898K3xas long as short
BloFin PONS-USDT+0.0578%4h0.6094−0.044%$1.8M$1.0M20xas long as short
Nado PONS-PERP+0.0602%1h0.6092−0.077%$105K$115K5xas long as short
BingX PONS-USDT+0.0628%4h0.6098+0.021%$3.1Mas long as short
Pacifica PONS+0.0665%1h0.6092−0.071%$48K$87K3xas long as short
Bybit PONSUSDT+0.0689%4h0.6095−0.028%$18.3M$30.9M20xas long as short
Polymarket Perps PONS-USDlong+0.0746%1h0.6097long leg$44K$1.6M3x
Gate PONS_USDT+0.0902%4h0.6095−0.028%$5.3M$6.2M20xas long as short
Hyperliquid PONS+0.0909%1h0.6100+0.054%$62.0M$29.2M3xas long as short
Phoenix PONS+0.1608%1h0.6077−0.317%$31K$113K3xas long as short