Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: SunX against Popdex−0.128%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$455as in the Price arb table
costs, in and out, $10k−$4394.387% of the position
Funding, last 3 days (all we have)+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)+1.160%+$116 · spread now −0.128%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.162% cheaper against Popdex than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex PONSUSDT | 0.5935 | 0.0096 | pay 0.0012% / 1h | 32m 31s | $21K | $477K | 20x |
| Short | SunX PONS-USDT | 0.5927 | 0.0100 | get 0.0050% / 4h | 3h 32m | — | $1.4M | 10x |
Popdex PONSUSDT
SunX PONS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Popdex. 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
- $0.84
- Price spread: −0.128% → +0.034%
- −$16.24
- Slippage, 4 orders
- −$424.31
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$454.11
- Costs to cover
- 4.387%
- Break-even
- 3791.3 days
Slippage from Popdex: live order book, 17 min ago; SunX: live order book, 2 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 Popdex live order book, 17 min ago | 5.08 bp | 93.3 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 106.26 bp | 126.5 bp −$126 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PONS_USDT | −0.0068% | 4h | 0.5936 | +0.017% | $5.2M | $7.0M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0032% / S −0.0032% | 1h | 0.5925 | −0.164% | $212K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5863 | −1.215% | $603 | $3K | 5.5x | as long as short |
| Popdex PONSUSDTlong | +0.0096% | 1h | 0.5935 | long leg | $21K | $477K | 20x | |
| Nado PONS-PERP | +0.0100% | 1h | 0.5937 | +0.027% | $73K | $95K | 5x | as long as short |
| Hyperliquid PONS | +0.0100% | 1h | 0.5933 | −0.042% | $58.9M | $29.5M | 3x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5931 | −0.067% | $17.8M | $31.4M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5933 | −0.034% | $13.4M | $56.4M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5933 | −0.030% | $1.9M | $3.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5948 | +0.221% | $1.3M | $4.2M | — | as long as short |
Gate PONS_USDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Nado PONS-PERP
Hyperliquid PONS
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Variational Omni PONSShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5950 | +0.251% | $34K | $318K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5930 | −0.084% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDTshort | +0.0100% | 4h | 0.5927 | −0.128% | — | $1.4M | 10x | |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5923 | −0.209% | $27K | $528K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5926 | −0.152% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5922 | −0.219% | $1.7M | $3.3M | 20x | as long as short |
| Bitget PONSUSDT | +0.0102% | 4h | 0.5933 | −0.037% | $4.7M | $11.6M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5924 | −0.194% | $369 | — | 3x | as long as short |
| BingX PONS-USDT | +0.0180% | 4h | 0.5931 | −0.067% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0190% | 4h | 0.5948 | +0.212% | $21K | $293K | 10x | as long as short |
| Binance PONSUSDT | +0.0198% | 4h | 0.5930 | −0.084% | $38.6M | $98.7M | 20x | as long as short |
| Extended PONS-USD | +0.0200% | 1h | 0.5937 | +0.037% | $92K | $529K | 5x | as long as short |
| MEXC PONS_USDT | +0.0202% | 4h | 0.5934 | −0.017% | $7.5M | $5.2M | 20x | as long as short |
| Aster PONSUSDT | +0.0249% | 4h | 0.5930 | −0.086% | $1.1M | $2.2M | 20x | as long as short |
| Pacifica PONS | +0.0279% | 1h | 0.5940 | +0.093% | $47K | $111K | 3x | as long as short |
| Lighter RH PONS | +0.0336% | 1h | 0.5940 | +0.083% | $399K | $2.5M | 3x | as long as short |
| BloFin PONS-USDT | +0.0443% | 4h | 0.5932 | −0.051% | $1.7M | $987K | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0477% | 1h | 0.5933 | −0.030% | $49K | $1.8M | 3x | as long as short |
| Phoenix PONS | +0.1232% | 1h | 0.5944 | +0.157% | $27K | $80K | 3x | as long as short |
| Lighter PONS | +0.1248% | 1h | 0.5945 | +0.165% | $1.7M | $859K | 3x | as long as short |
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Bitget PONSUSDT
Aevo PONS-PERP
BingX PONS-USDT
edgeX PONSUSDC
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Aster PONSUSDT
Pacifica PONS
Lighter RH PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Phoenix PONS
Lighter PONS