Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.029%
Price spread now: Aster against Aevo+0.088%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.088% dearer against Aevo than usual: you sell high and buy low, +$9 on $10k if it 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 | Aevo PONS-PERP | 0.5940 | 0.0128 | pay 0.0016% / 1h | 33m 50s | $370 | — | 3x |
| Short | Aster PONSUSDT | 0.5945 | 0.0132 | get 0.0066% / 4h | 1h 33m | $1.1M | $2.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Aevo. 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
- $0.76
- Price spread: +0.088% → 0.000%
- $8.77
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$14.47
- Costs to cover
- 0.240%
- Break-even
- 140.2 days
Slippage unknown: Aevo: no order-book sample; Aster: live order book, 5 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 5 min ago | 3.77 bp | 15.1 bp −$15 | 41.0 bp −$410 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0034% | 1h | 0.5935 | −0.074% | $218K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.498% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5940 | +0.002% | $17K | $439K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5942 | +0.035% | $17.8M | $31.6M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5944 | +0.069% | $13.5M | $55.9M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5954 | +0.239% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5952 | +0.202% | $4.7M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5955 | +0.260% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5986 | +0.771% | $35K | $345K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5949 | +0.160% | $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-USDT | +0.0100% | 4h | 0.5941 | +0.015% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5946 | +0.109% | $27K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5955 | +0.246% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5942 | +0.035% | $1.6M | $3.3M | 20x | as long as short |
| Aevo PONS-PERPlong | +0.0128% | 1h | 0.5940 | long leg | $370 | — | 3x | |
| Aster PONSUSDTshort | +0.0132% | 4h | 0.5945 | +0.088% | $1.1M | $2.2M | 20x | |
| Extended PONS-USD | +0.0168% | 1h | 0.5946 | +0.105% | $247K | $667K | 5x | as long as short |
| Binance PONSUSDT | +0.0169% | 4h | 0.5945 | +0.086% | $38.7M | $97.7M | 20x | as long as short |
| MEXC PONS_USDT | +0.0174% | 4h | 0.5951 | +0.187% | $7.7M | $4.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0188% | 4h | 0.5948 | +0.136% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0197% | 4h | 0.5961 | +0.351% | $21K | $293K | 10x | as long as short |
| Nado PONS-PERP | +0.0216% | 1h | 0.5940 | +0.002% | $90K | $103K | 5x | as long as short |
| Lighter RH PONS | +0.0352% | 1h | 0.5948 | +0.145% | $418K | $2.7M | 3x | as long as short |
| BloFin PONS-USDT | +0.0414% | 4h | 0.5948 | +0.136% | $1.7M | $977K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5947 | +0.125% | $47K | $96K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0479% | 1h | 0.5938 | −0.039% | $37K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0632% | 1h | 0.5950 | +0.178% | $60.0M | $30.0M | 3x | as long as short |
| Lighter PONS | +0.0760% | 1h | 0.5951 | +0.180% | $1.7M | $995K | 3x | as long as short |
| Gate PONS_USDT | +0.1310% | 4h | 0.5946 | +0.103% | $5.2M | $6.5M | 20x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5976 | +0.603% | $30K | $96K | 3x | as long as short |
Aster PONSUSDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Extended PONS-USD
Binance PONSUSDT
MEXC PONS_USDT
BingX PONS-USDT
edgeX PONSUSDC
Lighter RH PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Lighter PONS
Gate PONS_USDT
Phoenix PONS