Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.119%
Price spread now: Bitget against SunX−0.017%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2842.845% of the position
Funding, last 7 days+0.391%+$39 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now −0.017%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PONS-USDT | 0.5944 | 0.0100 | pay 0.0050% / 4h | 1h 31m | — | $1.4M | 10x |
| Short | Bitget PONSUSDT | 0.5942 | 0.0100 | get 0.0050% / 4h | 1h 31m | $4.7M | $11.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0
- Price spread: −0.017% → −0.014%
- −$0.32
- Slippage, 4 orders
- −$264.49
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$284.81
- Costs to cover
- 2.845%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; Bitget: 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 SunX live order book, 3 min ago | 105.70 bp | 124.8 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.26 bp | 17.8 bp −$18 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0034% | 1h | 0.5933 | −0.170% | $218K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.437% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5941 | −0.042% | $17K | $438K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5936 | −0.126% | $17.7M | $31.6M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5940 | −0.059% | $13.4M | $55.9M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5940 | −0.057% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDTshort | +0.0100% | 4h | 0.5942 | −0.017% | $4.7M | $11.6M | 20x | |
| Variational Omni PONS | +0.0100% | 4h | 0.5955 | +0.199% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5946 | +0.042% | $34K | $346K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5945 | +0.024% | $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 | 0.5944 | long leg | — | $1.4M | 10x | |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5938 | −0.089% | $27K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5947 | +0.062% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5941 | −0.042% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0120% | 1h | 0.5919 | −0.405% | $369 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0123% | 4h | 0.5935 | −0.140% | $1.1M | $2.2M | 20x | as long as short |
| Binance PONSUSDT | +0.0165% | 4h | 0.5939 | −0.068% | $38.6M | $97.7M | 20x | as long as short |
| Extended PONS-USD | +0.0168% | 1h | 0.5940 | −0.063% | $247K | $667K | 5x | as long as short |
| MEXC PONS_USDT | +0.0168% | 4h | 0.5940 | −0.059% | $7.7M | $4.9M | 20x | as long as short |
| edgeX PONSUSDC | +0.0179% | 4h | 0.5947 | +0.058% | $21K | $293K | 10x | as long as short |
| BingX PONS-USDT | +0.0188% | 4h | 0.5937 | −0.109% | — | $3.1M | — | as long as short |
| Nado PONS-PERP | +0.0221% | 1h | 0.5941 | −0.042% | $90K | $103K | 5x | as long as short |
| Lighter RH PONS | +0.0312% | 1h | 0.5941 | −0.044% | $414K | $2.7M | 3x | as long as short |
| BloFin PONS-USDT | +0.0409% | 4h | 0.5939 | −0.076% | $1.7M | $974K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5940 | −0.063% | $47K | $96K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0469% | 1h | 0.5939 | −0.072% | $37K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0641% | 1h | 0.5944 | +0.005% | $60.0M | $30.0M | 3x | as long as short |
| Lighter PONS | +0.0736% | 1h | 0.5941 | −0.035% | $1.7M | $995K | 3x | as long as short |
| Gate PONS_USDT | +0.1248% | 4h | 0.5933 | −0.177% | $5.2M | $6.5M | 20x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5976 | +0.542% | $30K | $96K | 3x | as long as short |
SunX PONS-USDT
Bitget PONSUSDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Variational Omni PONS
ApeX Omni PONSUSDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aster PONSUSDT
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
edgeX PONSUSDC
BingX PONS-USDT
Lighter RH PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Lighter PONS
Gate PONS_USDT
Phoenix PONS