Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.094%
Price spread now: Bitget against Aevo−0.004%7-day average — · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PONS-PERP | 0.6139 | 0.0144 | pay 0.0018% / 1h | 52m 20s | $382 | — | 3x |
| Short | Bitget PONSUSDT | 0.6139 | 0.0116 | get 0.0058% / 4h | 52m 20s | $4.8M | $11.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$5.88
- Price spread: −0.004% → 0.000%
- −$0.41
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.29
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 2.03 bp | 23.0 bp −$23 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −0.0047% | 1h | 0.5969 | −2.765% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0036% | 1h | 0.6130 | −0.152% | $231K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6150 | +0.175% | $19K | $455K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6155 | +0.257% | $87K | $107K | 5x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6134 | −0.086% | $18.5M | $31.9M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6132 | −0.118% | $13.9M | $58.5M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.6148 | +0.146% | $1.8M | $3.7M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6082 | −0.930% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6091 | −0.786% | $33K | $360K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6146 | +0.102% | $3K | $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 | 0.6149 | +0.167% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6135 | −0.068% | $28K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6154 | +0.235% | $65K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6147 | +0.126% | $1.7M | $3.3M | 20x | as long as short |
| Bitget PONSUSDTshort | +0.0116% | 4h | 0.6139 | −0.004% | $4.8M | $11.7M | 20x | |
| Aevo PONS-PERPlong | +0.0144% | 1h | 0.6139 | long leg | $382 | — | 3x | |
| Aster PONSUSDT | +0.0203% | 4h | 0.6150 | +0.175% | $1.1M | $2.2M | 20x | as long as short |
| BingX PONS-USDT | +0.0252% | 4h | 0.6140 | +0.012% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0252% | 4h | 0.6109 | −0.487% | $21K | $292K | 10x | as long as short |
| MEXC PONS_USDT | +0.0272% | 4h | 0.6149 | +0.159% | $8.2M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0295% | 4h | 0.6145 | +0.094% | $40.0M | $99.3M | 20x | as long as short |
| Extended PONS-USD | +0.0296% | 1h | 0.6139 | −0.006% | $254K | $682K | 5x | as long as short |
| Lighter PONS | +0.0376% | 1h | 0.6151 | +0.200% | $1.7M | $921K | 3x | as long as short |
| BloFin PONS-USDT | +0.0514% | 4h | 0.6157 | +0.289% | $1.8M | $1.0M | 20x | as long as short |
| Lighter RH PONS | +0.0600% | 1h | 0.6152 | +0.206% | $433K | $2.6M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0798% | 1h | 0.6151 | +0.188% | $42K | $1.7M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6149 | +0.166% | $48K | $96K | 3x | as long as short |
| Hyperliquid PONS | +0.1142% | 1h | 0.6149 | +0.152% | $62.6M | $30.6M | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6117 | −0.362% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.1914% | 4h | 0.6141 | +0.029% | $5.4M | $6.2M | 20x | as long as short |
Bitget PONSUSDT
Injective PONS/USDC PERP
gTrade (Gains Network) PONS/USD
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aster PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Lighter PONS
BloFin PONS-USDT
Lighter RH PONS
Polymarket Perps PONS-USD
Pacifica PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT