Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRnext payment +$1.10 per $10,000 · paid last 24h +0.054%
Price spread now: BingX against Variational Omni−0.075%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)−0.249%−$25 · spread now −0.075%, 7d avg −0.005%
=Together, before fees+0.112%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.071% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.005%). If the spread goes back, that is −$7 on $10k: about 26 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PONS | 0.5941 | 0.0518 | pay 0.0259% / 4h | 2h 55m | $1.4M | $4.1M | — |
| Short | BingX PONS-USDT | 0.5937 | 0.0738 | get 0.0369% / 4h | 2h 55m | — | $3.0M | — |
Variational Omni PONS
BingX PONS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- $46.3
- Price spread: −0.075% → −0.005%
- −$7.05
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $29.25
- Costs to cover
- 0.100%
- Break-even
- 2.6 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BingX: live order book, 10 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 | 4.23 bp | doesn't fit | 44.8 bp −$448 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 0.84 bp | 10.3 bp −$10 | 29.8 bp −$298 | 139.5 bp −$14.0K | 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 +0.0033% / S −0.0032% | 1h | 0.5920 | −0.369% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.472% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5931 | −0.173% | $418K | $2.5M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5927 | −0.243% | $21K | $417K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5929 | −0.210% | $69K | $130K | 5x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5927 | −0.243% | $5.2M | $6.2M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5942 | +0.018% | $34K | $335K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5938 | −0.052% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5932 | −0.164% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5933 | −0.149% | $26K | $545K | 3x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Nado PONS-PERP
Gate PONS_USDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | +0.0100% | 4h | 0.5940 | −0.023% | $64K | $513K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5932 | −0.159% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0240% | 1h | 0.5934 | −0.126% | $370 | — | 3x | as long as short |
| Hyperliquid PONS | +0.0352% | 1h | 0.5932 | −0.166% | $60.1M | $29.0M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0390% | 4h | 0.5928 | −0.227% | $13.5M | $54.8M | 20x | as long as short |
| Lighter PONS | +0.0424% | 1h | 0.5933 | −0.139% | $1.6M | $886K | 3x | as long as short |
| Aster PONSUSDT | +0.0515% | 4h | 0.5938 | −0.052% | $1.1M | $2.2M | 20x | as long as short |
| Variational Omni PONSlong | +0.0518% | 4h | 0.5941 | long leg | $1.4M | $4.1M | — | |
| Bitget PONSUSDT | +0.0550% | 4h | 0.5935 | −0.105% | $4.6M | $11.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0614% | 4h | 0.5937 | −0.079% | $18K | $292K | 10x | as long as short |
| MEXC PONS_USDT | +0.0620% | 4h | 0.5933 | −0.142% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0624% | 4h | 0.5937 | −0.067% | $38.8M | $94.8M | 20x | as long as short |
| Extended PONS-USD | +0.0624% | 1h | 0.5933 | −0.139% | $106K | $807K | 5x | as long as short |
| Pacifica PONS | +0.0715% | 1h | 0.5934 | −0.132% | $46K | $68K | 3x | as long as short |
| BingX PONS-USDTshort | +0.0738% | 4h | 0.5937 | −0.075% | — | $3.0M | — | |
| KuCoin PONSUSDTM | +0.0746% | 4h | 0.5931 | −0.178% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0793% | 1h | 0.5929 | −0.210% | $88K | $1.7M | 3x | as long as short |
| Bybit PONSUSDT | +0.0828% | 4h | 0.5934 | −0.126% | $17.8M | $31.0M | 20x | as long as short |
| BloFin PONS-USDT | +0.0864% | 4h | 0.5937 | −0.075% | $1.7M | $945K | 20x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.5915 | −0.444% | $45K | $121K | 3x | as long as short |
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Hyperliquid PONS
OKX PONS-USDT-SWAP
Lighter PONS
Aster PONSUSDT
Bitget PONSUSDT
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Pacifica PONS
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
Bybit PONSUSDT
BloFin PONS-USDT
Phoenix PONS