PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h +0.011%

Price spread now: Binance against Variational Omni−0.101%7-day average +0.066% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.161%+$16 on $10k

Price spread, last 7 days+0.122%+$12 · spread now −0.101%, 7d avg +0.066%

Together, before fees+0.283%+ Points / potential airdropVariational Omni: Active · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.167% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of +0.066%). If the spread goes back, that is −$17 on $10k: about 7.1 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.161% in total) that is about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PONS	0.5909	0.0100	pay 0.0050% / 4h	2h 20m	$1.3M	$4.3M	—
Short	Binance PONSUSDT	0.5903	0.0178	get 0.0089% / 4h	2h 20m	$38.4M	$98.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee BinancebpOrdersPrice spread, now −0.101%Rate

Funding earned: $16.36
Price spread: −0.101% → +0.066%: −$16.71
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$10.35
Costs to cover: 0.100%
Break-even: 11.4 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Binance: live order book, 7 min ago. 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 Variational Omni RFQ quote, 4 min ago	4.24 bp	doesn't fit	38.1 bp −$381	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	1.69 bp	15.0 bp −$15	53.6 bp −$536	270.4 bp −$27.0K	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 +0.0032% / S −0.0034%	1h	0.5895	−0.239%	$216K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0066%	1h	0.5920	+0.183%	$609	$6K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5902	−0.115%	$21K	$446K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5901	−0.137%	$89K	$103K	5x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.5901	−0.132%	$17.6M	$31.8M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.5898	−0.183%	$13.4M	$56.1M	20x	as long as short
KuCoin PONSUSDTM	+0.0100%	4h	0.5900	−0.145%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0100%	4h	0.5900	−0.147%	$4.6M	$11.7M	20x	as long as short
Variational Omni PONSlong	+0.0100%	4h	0.5909	long leg	$1.3M	$4.3M	—
ApeX Omni PONSUSDT	+0.0100%	1h	0.5895	−0.228%	$34K	$333K	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5909	0.000%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5910	+0.017%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5901	−0.130%	$27K	$549K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5911	+0.036%	$64K	$504K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5896	−0.217%	$1.6M	$3.3M	20x	as long as short
Aevo PONS-PERP	+0.0128%	1h	0.5902	−0.115%	$368	—	3x	as long as short
Extended PONS-USD	+0.0176%	1h	0.5901	−0.140%	$106K	$533K	5x	as long as short
MEXC PONS_USDT	+0.0176%	4h	0.5901	−0.132%	$7.5M	$5.2M	20x	as long as short
Binance PONSUSDTshort	+0.0178%	4h	0.5903	−0.101%	$38.4M	$98.3M	20x
edgeX PONSUSDC	+0.0182%	4h	0.5896	−0.215%	$21K	$293K	10x	as long as short
BingX PONS-USDT	+0.0183%	4h	0.5899	−0.166%	—	$3.1M	—	as long as short
Aster PONSUSDT	+0.0197%	4h	0.5900	−0.157%	$1.1M	$2.2M	20x	as long as short
Polymarket Perps PONS-USD	+0.0357%	1h	0.5901	−0.132%	$37K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0418%	4h	0.5909	+0.004%	$1.7M	$967K	20x	as long as short
Pacifica PONS	+0.0474%	1h	0.5900	−0.148%	$47K	$103K	3x	as long as short
Hyperliquid PONS	+0.0491%	1h	0.5902	−0.114%	$59.1M	$30.0M	3x	as long as short
Lighter RH PONS	+0.0616%	1h	0.5902	−0.117%	$414K	$2.6M	3x	as long as short
Gate PONS_USDT	+0.0674%	4h	0.5897	−0.200%	$5.2M	$6.8M	20x	as long as short
Lighter PONS	+0.1016%	1h	0.5904	−0.078%	$1.7M	$885K	3x	as long as short
Phoenix PONS	+0.1275%	1h	0.5904	−0.081%	$30K	$86K	3x	as long as short