Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.025%
Price spread now: Aevo against SunX+0.155%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.155% dearer against SunX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PONS-USDT | 0.6121 | 0.0100 | pay 0.0050% / 4h | 27m 04s | — | $1.4M | 10x |
| Short | Aevo PONS-PERP | 0.6130 | 0.0160 | get 0.0020% / 1h | 27m 04s | $382 | — | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against SunX. 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
- $12.6
- Price spread: +0.155% → 0.000%
- $15.54
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $4.14
- Costs to cover
- 0.240%
- Break-even
- 4.7 days
Slippage unknown: SunX: live order book, 7 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 7 min ago | 105.53 bp | 124.1 bp −$124 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −0.0047% | 1h | 0.5969 | −2.470% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0033% | 1h | 0.6126 | +0.085% | $242K | — | 150x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6136 | +0.250% | $430K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6123 | +0.038% | $20K | $438K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6129 | +0.136% | $88K | $107K | 5x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6134 | +0.217% | $18.5M | $31.6M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6138 | +0.283% | $14.0M | $58.3M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6124 | +0.059% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6144 | +0.379% | $34K | $359K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6134 | +0.222% | $2K | $3K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDTlong | +0.0100% | 4h | 0.6121 | long leg | — | $1.4M | 10x | |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6135 | +0.240% | $28K | $546K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6131 | +0.175% | $65K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6140 | +0.315% | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0116% | 4h | 0.6135 | +0.232% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0146% | 4h | 0.6140 | +0.320% | $4.8M | $11.7M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0160% | 1h | 0.6130 | +0.155% | $382 | — | 3x | |
| Aster PONSUSDT | +0.0164% | 4h | 0.6124 | +0.047% | $1.1M | $2.2M | 20x | as long as short |
| Lighter PONS | +0.0296% | 1h | 0.6137 | +0.266% | $1.7M | $923K | 3x | as long as short |
| Extended PONS-USD | +0.0304% | 1h | 0.6139 | +0.296% | $253K | $682K | 5x | as long as short |
| MEXC PONS_USDT | +0.0304% | 4h | 0.6137 | +0.266% | $8.1M | $4.9M | 20x | as long as short |
| Binance PONSUSDT | +0.0306% | 4h | 0.6142 | +0.342% | $40.2M | $98.7M | 20x | as long as short |
| BingX PONS-USDT | +0.0308% | 4h | 0.6136 | +0.250% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0308% | 4h | 0.6133 | +0.199% | $21K | $292K | 10x | as long as short |
| BloFin PONS-USDT | +0.0546% | 4h | 0.6140 | +0.315% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0666% | 1h | 0.6134 | +0.221% | $42K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0882% | 1h | 0.6140 | +0.317% | $62.4M | $30.5M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6110 | −0.180% | $48K | $96K | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6125 | +0.074% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.2348% | 4h | 0.6129 | +0.136% | $5.4M | $6.3M | 20x | as long as short |
SunX PONS-USDT
Injective PONS/USDC PERP
gTrade (Gains Network) PONS/USD
Lighter RH PONS
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
Variational Omni PONS
ApeX Omni PONSUSDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
Lighter PONS
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
BloFin PONS-USDT
Polymarket Perps PONS-USD
Hyperliquid PONS
Pacifica PONS
Phoenix PONS
Gate PONS_USDT