Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0519%/8h= +56.8% APRpaid last 24h +0.143%
Price spread now: BloFin against Aevo−0.015%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PONS-PERP0.59200.0200pay 0.0025% / 1h2m 48s$3693x
ShortBloFin PONS-USDT0.59190.0719get 0.0360% / 4h1h 02m$1.7M$939K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$109.01
Price spread: −0.015% → 0.000%
−$1.45
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
$79.55
Costs to cover
0.280%
Break-even
1.9 days
Slippage unknown: Aevo: no order-book sample; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell BloFin live order book, 5 min ago0.84 bp19.8 bp −$2041.8 bp −$418109.4 bp −$10.9Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0030%1h0.5918−0.035%$242K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5938+0.315%$610$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.5919−0.016%$410K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.5921+0.019%$22K$420K20xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5926+0.102%$2K$3K10xas long as short
Nado PONS-PERP+0.0100%1h0.5917−0.041%$69K$130K5xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5940+0.335%$29K$308K5xas long as short
SunX PONS-USDT+0.0100%4h0.5923+0.055%$1.2M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5919−0.018%$26K$581K3xas long as short
HTX PONS-USDT+0.0100%4h0.5917−0.050%$64K$525K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.5913−0.116%$1.6M$3.2M20xas long as short
Aevo PONS-PERPlong+0.0200%1h0.5920long leg$3693x
Hyperliquid PONS+0.0309%1h0.5920−0.003%$60.1M$29.5M3xas long as short
OKX PONS-USDT-SWAP+0.0413%4h0.5911−0.150%$13.4M$55.2M20xas long as short
Aster PONSUSDT+0.0455%4h0.5917−0.043%$1.1M$2.2M20xas long as short
Binance PONSUSDT+0.0479%4h0.5916−0.065%$37.2M$98.0M20xas long as short
Extended PONS-USD+0.0480%1h0.5916−0.060%$101K$806K5xas long as short
MEXC PONS_USDT+0.0492%4h0.5919−0.015%$7.6M$4.8M20xas long as short
edgeX PONSUSDC+0.0501%4h0.5946+0.437%$20K$290K10xas long as short
Variational Omni PONS+0.0548%4h0.5964+0.753%$1.4M$4.1Mas long as short
Pacifica PONS+0.0556%1h0.5918−0.034%$45K$68K3xas long as short
KuCoin PONSUSDTM+0.0590%4h0.5919−0.018%$1.6M$3.8M20xas long as short
Bybit PONSUSDT+0.0646%4h0.5912−0.133%$17.5M$31.2M20xas long as short
BingX PONS-USDT+0.0654%4h0.5914−0.099%$3.0Mas long as short
Polymarket Perps PONS-USD+0.0654%1h0.5922+0.036%$85K$1.9M3xas long as short
Gate PONS_USDT+0.0674%4h0.5924+0.070%$5.3M$6.4M20xas long as short
Bitget PONSUSDT+0.0680%4h0.5919−0.020%$4.7M$12.2M20xas long as short
BloFin PONS-USDTshort+0.0719%4h0.5919−0.015%$1.7M$939K20x
Lighter PONS+0.0872%1h0.5923+0.053%$1.6M$832K3xas long as short
Phoenix PONS+0.1472%1h0.5934+0.244%$45K$127K3xas long as short