Funding you earn now, next payment 04:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.064%
Price spread now: Extended against Aevo−0.018%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 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 | 0.5929 | 0.0216 | pay 0.0027% / 1h | 42m 10s | $369 | — | 3x |
| Short | Extended PONS-USD | 0.5927 | 0.0536 | get 0.0067% / 1h | 42m 10s | $106K | $808K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $67.2
- Price spread: −0.018% → 0.000%
- −$1.79
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $44.41
- Costs to cover
- 0.210%
- Break-even
- 2.4 days
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 16 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 Extended live order book, 16 min ago | 13.20 bp | 27.6 bp −$28 | 188.7 bp −$1,887 | 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 −0.0032% | 1h | 0.5917 | −0.203% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.691% | $614 | $10K | 5.5x | as long as short |
| Lighter PONS | +0.0096% | 1h | 0.5929 | +0.005% | $1.6M | $883K | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5932 | +0.059% | $20K | $434K | 20x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5926 | −0.043% | $5.2M | $6.2M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5914 | −0.253% | $34K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5933 | +0.081% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5923 | −0.090% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5927 | −0.017% | $26K | $524K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5940 | +0.187% | $64K | $512K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.5929 | +0.008% | $1.6M | $3.2M | 20x | as long as short |
| Lighter RH PONS | +0.0144% | 1h | 0.5929 | +0.006% | $406K | $2.5M | 3x | as long as short |
| Nado PONS-PERP | +0.0174% | 1h | 0.5929 | +0.008% | $69K | $129K | 5x | as long as short |
| Variational Omni PONS | +0.0196% | 4h | 0.5907 | −0.365% | $1.4M | $3.9M | — | as long as short |
| Aevo PONS-PERPlong | +0.0216% | 1h | 0.5929 | long leg | $369 | — | 3x | |
| OKX PONS-USDT-SWAP | +0.0308% | 4h | 0.5927 | −0.026% | $13.5M | $54.1M | 20x | as long as short |
| Aster PONSUSDT | +0.0387% | 4h | 0.5925 | −0.055% | $1.1M | $2.1M | 20x | as long as short |
| Bitget PONSUSDT | +0.0438% | 4h | 0.5928 | −0.005% | $4.6M | $11.5M | 20x | as long as short |
| Bybit PONSUSDT | +0.0453% | 4h | 0.5929 | +0.008% | $17.7M | $30.7M | 20x | as long as short |
| BingX PONS-USDT | +0.0498% | 4h | 0.5934 | +0.092% | — | $3.0M | — | as long as short |
| MEXC PONS_USDT | +0.0522% | 4h | 0.5931 | +0.042% | $7.5M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0527% | 4h | 0.5904 | −0.406% | $18K | $294K | 10x | as long as short |
| Binance PONSUSDT | +0.0532% | 4h | 0.5933 | +0.068% | $39.0M | $94.8M | 20x | as long as short |
| Extended PONS-USDshort | +0.0536% | 1h | 0.5927 | −0.018% | $106K | $808K | 5x | |
| KuCoin PONSUSDTM | +0.0574% | 4h | 0.5930 | +0.022% | $1.6M | $3.7M | 20x | as long as short |
| Hyperliquid PONS | +0.0707% | 1h | 0.5931 | +0.042% | $60.4M | $27.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0763% | 4h | 0.5934 | +0.092% | $1.7M | $952K | 20x | as long as short |
| Pacifica PONS | +0.0859% | 1h | 0.5923 | −0.090% | $47K | $67K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0906% | 1h | 0.5933 | +0.069% | $65K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1736% | 1h | 0.5911 | −0.299% | $31K | $104K | 3x | as long as short |
Extended PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter PONS
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Lighter RH PONS
Variational Omni PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
Bitget PONSUSDT
Bybit PONSUSDT
BingX PONS-USDT
MEXC PONS_USDT
edgeX PONSUSDC
Binance PONSUSDT
KuCoin PONSUSDTM
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS