Funding you earn now, next payment 09:00 UTC+0.0485%/8h= +53.1% APRpaid last 24h +0.082%
Price spread now: Binance against Aevo+0.126%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.126% dearer against Aevo than usual: you sell high and buy low: +$13 more if the spread 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 | 0.6391 | 0.0272 | pay 0.0034% / 1h | 3m 13s | $398 | — | 3x |
| Short | Binance PONSUSDT | 0.6399 | 0.0757 | get 0.0378% / 4h | 3h 03m | $42.4M | $103.4M | 20x |
Aevo PONS-PERP
Binance PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $101.82
- Price spread: +0.126% → 0.000%
- $12.58
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $88.4
- Costs to cover
- 0.260%
- Break-even
- 0.9 days
Slippage unknown: Aevo: no order-book sample; Binance: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 0.78 bp | 12.3 bp −$12 | 41.9 bp −$419 | 285.0 bp −$28.5K | 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 +0.0032% / S −0.0030% | 1h | 0.6388 | −0.035% | $251K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5938 | −7.073% | $610 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6401 | +0.164% | $20K | $424K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6393 | +0.036% | $74K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6385 | −0.081% | $32K | $286K | 5x | as long as short |
| Polymarket Perps PONS-USD | +0.0100% | 1h | 0.6392 | +0.023% | $75K | $2.2M | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6395 | +0.072% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6397 | +0.103% | — | $1.1M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6398 | +0.117% | $27K | $626K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6393 | +0.041% | $67K | $529K | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Nado PONS-PERP
ApeX Omni PONSUSDT
Polymarket Perps PONS-USD
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.6395 | +0.070% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERPlong | +0.0272% | 1h | 0.6391 | long leg | $398 | — | 3x | |
| Hyperliquid PONS | +0.0399% | 1h | 0.6394 | +0.063% | $65.5M | $30.9M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0479% | 4h | 0.6394 | +0.055% | $14.8M | $61.5M | 20x | as long as short |
| Aster PONSUSDT | +0.0509% | 4h | 0.6396 | +0.088% | $1.2M | $2.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0572% | 4h | 0.6397 | +0.105% | $1.8M | $4.2M | 20x | as long as short |
| Lighter RH PONS | +0.0592% | 1h | 0.6385 | −0.080% | $435K | $2.7M | 3x | as long as short |
| Variational Omni PONS | +0.0702% | 4h | 0.6380 | −0.157% | $1.6M | $4.5M | — | as long as short |
| edgeX PONSUSDC | +0.0751% | 4h | 0.6394 | +0.055% | $19K | $294K | 10x | as long as short |
| Lighter PONS | +0.0752% | 1h | 0.6386 | −0.072% | $1.8M | $880K | 3x | as long as short |
| MEXC PONS_USDT | +0.0754% | 4h | 0.6394 | +0.055% | $8.1M | $4.9M | 20x | as long as short |
| Binance PONSUSDTshort | +0.0757% | 4h | 0.6399 | +0.126% | $42.4M | $103.4M | 20x | |
| Extended PONS-USD | +0.0760% | 1h | 0.6395 | +0.076% | $107K | $807K | 5x | as long as short |
| Bitget PONSUSDT | +0.0780% | 4h | 0.6406 | +0.239% | $5.2M | $13.4M | 20x | as long as short |
| Pacifica PONS | +0.0853% | 1h | 0.6391 | +0.004% | $48K | $77K | 3x | as long as short |
| BloFin PONS-USDT | +0.0997% | 4h | 0.6399 | +0.133% | $1.9M | $1.1M | 20x | as long as short |
| BingX PONS-USDT | +0.1202% | 4h | 0.6395 | +0.070% | — | $3.1M | — | as long as short |
| Bybit PONSUSDT | +0.1242% | 4h | 0.6395 | +0.070% | $19.5M | $33.3M | 20x | as long as short |
| Phoenix PONS | +0.1714% | 1h | 0.6377 | −0.205% | $49K | $159K | 3x | as long as short |
| Gate PONS_USDT | +0.3192% | 4h | 0.6391 | +0.008% | $5.6M | $6.6M | 20x | as long as short |
Phemex PONSUSDT
Hyperliquid PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
KuCoin PONSUSDTM
Lighter RH PONS
Variational Omni PONS
edgeX PONSUSDC
Lighter PONS
MEXC PONS_USDT
Extended PONS-USD
Bitget PONSUSDT
Pacifica PONS
BloFin PONS-USDT
BingX PONS-USDT
Bybit PONSUSDT
Phoenix PONS
Gate PONS_USDT