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 03:00 UTC+0.0436%/8h= +47.7% APRpaid last 24h +0.086%
Price spread now: Extended against SunX−0.113%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$2992.987% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.576%+$58 on $10k
Price spread, last 4 days (all we have)−1.007%−$101 · spread now −0.113%, 7d avg −0.069%
Together, before fees−0.431%+ Points / potential airdropExtended: Active · farm board−$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.045% cheaper against SunX than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.069%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PONS-USDT0.60240.0100pay 0.0050% / 4h1h 13m$1.3M10x
ShortExtended PONS-USD0.60170.0536get 0.0067% / 1h13m 05s$249K$671K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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
$91.56
Price spread: −0.113% → −0.069%
−$4.49
Slippage, 4 orders
−$285.66
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$211.59
Costs to cover
2.987%
Break-even
23.2 days
Slippage from SunX: live order book, 11 min ago; Extended: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago105.82 bp124.9 bp −$125doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 50 min ago10.07 bp23.6 bp −$24184.6 bp −$1,846doesn't fitdoesn't fit

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 +0.0033% / S −0.0033%1h0.6014−0.163%$238K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−0.910%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6033+0.144%$21K$435K20xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6020−0.071%$33K$351K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6029+0.083%$2K$3K10xas long as short
SunX PONS-USDTlong+0.0100%4h0.6024long leg$1.3M10x
SoDEX PONS-USD+0.0100%1h0.6021−0.055%$26K$521K3xas long as short
HTX PONS-USDT+0.0100%4h0.6031+0.111%$64K$509K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6006−0.304%$1.6M$3.2M20xas long as short
Variational Omni PONS+0.0178%4h0.6039+0.241%$1.4M$3.9Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PONS_USDT+0.0196%4h0.6010−0.237%$5.3M$6.3M20xas long as short
Aevo PONS-PERP+0.0208%1h0.6024−0.013%$3753xas long as short
Nado PONS-PERP+0.0208%1h0.6030+0.094%$71K$129K5xas long as short
Lighter RH PONS+0.0280%1h0.6023−0.023%$417K$2.5M3xas long as short
OKX PONS-USDT-SWAP+0.0308%4h0.6017−0.121%$13.6M$55.0M20xas long as short
Lighter PONS+0.0336%1h0.6023−0.023%$1.7M$876K3xas long as short
Bitget PONSUSDT+0.0408%4h0.6018−0.110%$4.7M$11.4M20xas long as short
KuCoin PONSUSDTM+0.0444%4h0.6014−0.174%$1.7M$3.7M20xas long as short
Aster PONSUSDT+0.0453%4h0.6015−0.159%$1.1M$2.1M20xas long as short
Bybit PONSUSDT+0.0481%4h0.6015−0.154%$18.0M$30.6M20xas long as short
BingX PONS-USDT+0.0488%4h0.6016−0.138%$3.0Mas long as short
edgeX PONSUSDC+0.0512%4h0.6021−0.047%$18K$294K10xas long as short
MEXC PONS_USDT+0.0520%4h0.6016−0.138%$7.6M$4.7M20xas long as short
Binance PONSUSDT+0.0532%4h0.6019−0.088%$39.6M$94.6M20xas long as short
Extended PONS-USDshort+0.0536%1h0.6017−0.113%$249K$671K5x
Hyperliquid PONS+0.0741%1h0.6017−0.118%$61.3M$27.9M3xas long as short
Pacifica PONS+0.0755%1h0.6024−0.008%$47K$70K3xas long as short
BloFin PONS-USDT+0.0772%4h0.6022−0.038%$1.7M$967K20xas long as short
Polymarket Perps PONS-USD+0.0846%1h0.6032+0.128%$69K$1.6M3xas long as short
Phoenix PONS+0.1639%1h0.6022−0.040%$31K$98K3xas long as short