data as of
Settings8H · net · $10k
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Funding arb /

PONS

all PONS markets
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Funding spread now, next payment 16:00 UTC+0.1103%/8h
next payment, per $10,000+$1.38paid, last 24h+0.184%paid, last 3 days+0.592%to open and closeno order book
Long on SoDEXShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.63550.0100pay 0.0013% / 1h55m 14s$28K$475K3x
ShortHyperliquid PONS0.63630.1203get 0.0150% / 1h55m 14s$64.9M$26.1M3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$231.55
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$214.55
Break-even
0.5 days
Slippage unknown: SoDEX: live order book, 60 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.131%
Avg gap 7d
+0.021%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 60 min ago2.37 bp70.6 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago0.08 bp13.4 bp −$13doesn't fitdoesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0031%1h$229K—150xas long as short
Injective PONS/USDC PERP+0.0033%1h$590$15K5.5xas long as short
Popdex PONSUSDT+0.0096%1h$20K$471K20xas long as short
ApeX Omni PONSUSDT+0.0100%1h$40K$316K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h$2K$2K10xas long as short
SunX PONS-USDT+0.0100%4h—$1.3M10xas long as short
SoDEX PONS-USDlong+0.0100%1h$28K$475K3x
HTX PONS-USDT+0.0100%4h$66K$493K20xas long as short
Phemex PONSUSDT+0.0100%4h$1.8M$3.4M20xas long as short
Lighter RH PONS+0.0144%1h$445K$2.1M3xas long as short
Show all 30 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX PONS-USDT-SWAP+0.0174%4h$15.1M$56.4M20xas long as short
Aevo PONS-PERP+0.0240%1h$396—3xas long as short
Gate PONS_USDT+0.0294%4h$5.7M$6.8M20xas long as short
Aster PONSUSDT+0.0418%4h$1.1M$2.2M20xas long as short
Pacifica PONS+0.0472%1h$49K$166K3xas long as short
KuCoin PONSUSDTM+0.0560%4h$1.9M$2.9M20xas long as short
Variational Omni PONS+0.0573%4h$1.8M$3.4M—as long as short
Bitget PONSUSDT+0.0580%4h$5.0M$10.7M20xas long as short
MEXC PONS_USDT+0.0622%4h$8.2M$4.9M20xas long as short
Nado PONS-PERP+0.0624%1h$117K$71K5xas long as short
Binance PONSUSDT+0.0630%4h$42.6M$93.4M20xas long as short
Extended PONS-USD+0.0632%1h$161K$472K5xas long as short
edgeX PONSUSDC+0.0645%4h$22K$287K10xas long as short
Polymarket Perps PONS-USD+0.0645%1h$78K$1.8M3xas long as short
BingX PONS-USDT+0.0710%4h—$2.9M—as long as short
Bybit PONSUSDT+0.0757%4h$20.7M$26.8M20xas long as short
BloFin PONS-USDT+0.0870%4h$1.9M$922K20xas long as short
Hyperliquid PONSshort+0.1203%1h$64.9M$26.1M3x
Phoenix PONS+0.1489%1h$26K$51K3xas long as short
Lighter PONS+0.1664%1h$1.8M$710K3xas long as short