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 08:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.027%
Price spread now: Aevo against SoDEX−0.040%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.040% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.62200.0100pay 0.0013% / 1h37m 15s$27K$628K3x
ShortAevo PONS-PERP0.62180.0232get 0.0029% / 1h37m 15s$3873x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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
$27.72
Price spread: −0.040% → 0.000%
−$4.02
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$0.3
Costs to cover
0.240%
Break-even
7.1 days
Slippage unknown: SoDEX: live order book, 1 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 SoDEX live order book, 1 min ago1.60 bp40.7 bp −$41doesn't fitdoesn'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 +0.0032% / S −0.0029%1h0.6211−0.147%$236K150xas long as short
Popdex PONSUSDT+0.0096%1h0.6216−0.064%$22K$454K20xas long as short
Nado PONS-PERP+0.0100%1h0.6217−0.048%$73K$130K5xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6285+1.047%$31K$303K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6218−0.040%$2K$4K10xas long as short
SunX PONS-USDT+0.0100%4h0.6219−0.018%$1.2M10xas long as short
SoDEX PONS-USDlong+0.0100%1h0.6220long leg$27K$628K3x
HTX PONS-USDT+0.0100%4h0.6221+0.011%$67K$536K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6207−0.209%$1.7M$3.2M20xas long as short
Aevo PONS-PERPshort+0.0232%1h0.6218−0.040%$3873x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PONS-USDT-SWAP+0.0433%4h0.6217−0.048%$14.1M$60.3M20xas long as short
Variational Omni PONS+0.0520%4h0.6292+1.162%$1.5M$4.2Mas long as short
Aster PONSUSDT+0.0525%4h0.6211−0.142%$1.1M$2.3M20xas long as short
KuCoin PONSUSDTM+0.0560%4h0.6217−0.050%$1.6M$3.9M20xas long as short
Pacifica PONS+0.0572%1h0.6208−0.195%$47K$69K3xas long as short
Extended PONS-USD+0.0600%1h0.6217−0.050%$105K$818K5xas long as short
MEXC PONS_USDT+0.0600%4h0.62200.000%$7.8M$4.7M20xas long as short
Binance PONSUSDT+0.0601%4h0.6212−0.121%$40.9M$103.2M20xas long as short
edgeX PONSUSDC+0.0627%4h0.6228+0.127%$21K$290K10xas long as short
Lighter RH PONS+0.0656%1h0.6217−0.056%$441K$2.6M3xas long as short
BingX PONS-USDT+0.0668%4h0.6222+0.032%$3.1Mas long as short
Bybit PONSUSDT+0.0685%4h0.6217−0.048%$18.8M$32.5M20xas long as short
Bitget PONSUSDT+0.0706%4h0.6222+0.037%$4.9M$12.8M20xas long as short
Hyperliquid PONS+0.0771%1h0.6219−0.019%$63.3M$30.2M3xas long as short
Lighter PONS+0.0840%1h0.6219−0.016%$1.7M$847K3xas long as short
BloFin PONS-USDT+0.0841%4h0.6224+0.064%$1.8M$1.0M20xas long as short
Gate PONS_USDT+0.0880%4h0.6218−0.032%$5.5M$6.4M20xas long as short
Injective PONS/USDC PERP+0.1069%1h0.5938−4.526%$610$10K5.5xas long as short
Polymarket Perps PONS-USD+0.1298%1h0.6215−0.084%$68K$2.2M3xas long as short
Phoenix PONS+0.1405%1h0.6231+0.174%$47K$127K3xas long as short