Funding you earn now, next payment 07:00 UTC+0.0434%/8h= +47.5% APRpaid last 24h +0.054%
Price spread now: KuCoin against Aevo+0.024%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 +$13 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Aevo than usual: you sell high and buy low: +$2 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 | 0.5908 | 0.0216 | pay 0.0027% / 1h | 45m 40s | $368 | — | 3x |
| Short | KuCoin PONSUSDTM | 0.5910 | 0.0650 | get 0.0325% / 4h | 1h 45m | $1.6M | $3.8M | 20x |
Aevo PONS-PERP
KuCoin PONSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $91.14
- Price spread: +0.024% → 0.000%
- $2.37
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $65.51
- Costs to cover
- 0.280%
- Break-even
- 2.0 days
Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 2.03 bp | 33.8 bp −$34 | 116.6 bp −$1,166 | 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 | 0.5899 | −0.158% | $234K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +1.032% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5910 | +0.019% | $406K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5914 | +0.093% | $21K | $420K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5913 | +0.068% | $2K | $3K | 10x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5907 | −0.032% | $69K | $131K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5908 | −0.010% | $29K | $320K | 5x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5910 | +0.019% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5908 | −0.015% | $25K | $586K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5913 | +0.083% | $64K | $525K | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Orderly PERP_PONS_USDC_mythos
Nado PONS-PERP
ApeX Omni PONSUSDT
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 | 0.5906 | −0.042% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERPlong | +0.0216% | 1h | 0.5908 | long leg | $368 | — | 3x | |
| Gate PONS_USDT | +0.0280% | 4h | 0.5906 | −0.042% | $5.3M | $6.3M | 20x | as long as short |
| Hyperliquid PONS | +0.0292% | 1h | 0.5911 | +0.041% | $60.0M | $29.6M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0414% | 4h | 0.5910 | +0.025% | $13.4M | $55.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0450% | 1h | 0.5907 | −0.019% | $91K | $1.9M | 3x | as long as short |
| Aster PONSUSDT | +0.0463% | 4h | 0.5907 | −0.020% | $1.1M | $2.2M | 20x | as long as short |
| Binance PONSUSDT | +0.0547% | 4h | 0.5911 | +0.042% | $37.2M | $98.5M | 20x | as long as short |
| Extended PONS-USD | +0.0552% | 1h | 0.5912 | +0.054% | $101K | $811K | 5x | as long as short |
| MEXC PONS_USDT | +0.0552% | 4h | 0.5911 | +0.042% | $7.5M | $4.7M | 20x | as long as short |
| Pacifica PONS | +0.0556% | 1h | 0.5909 | +0.012% | $45K | $68K | 3x | as long as short |
| edgeX PONSUSDC | +0.0571% | 4h | 0.5908 | −0.006% | $20K | $296K | 10x | as long as short |
| Variational Omni PONS | +0.0631% | 4h | 0.5904 | −0.068% | $1.4M | $4.1M | — | as long as short |
| KuCoin PONSUSDTMshort | +0.0650% | 4h | 0.5910 | +0.024% | $1.6M | $3.8M | 20x | |
| Bitget PONSUSDT | +0.0662% | 4h | 0.5915 | +0.110% | $4.7M | $12.2M | 20x | as long as short |
| BloFin PONS-USDT | +0.0794% | 4h | 0.5912 | +0.059% | $1.7M | $958K | 20x | as long as short |
| BingX PONS-USDT | +0.0806% | 4h | 0.5909 | +0.008% | — | $3.0M | — | as long as short |
| Lighter PONS | +0.0816% | 1h | 0.5912 | +0.066% | $1.6M | $828K | 3x | as long as short |
| Bybit PONSUSDT | +0.0816% | 4h | 0.5909 | +0.008% | $17.6M | $31.4M | 20x | as long as short |
| Phoenix PONS | +0.1472% | 1h | 0.5912 | +0.056% | $45K | $127K | 3x | as long as short |
Phemex PONSUSDT
Gate PONS_USDT
Hyperliquid PONS
OKX PONS-USDT-SWAP
Polymarket Perps PONS-USD
Aster PONSUSDT
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Pacifica PONS
edgeX PONSUSDC
Variational Omni PONS
Bitget PONSUSDT
BloFin PONS-USDT
BingX PONS-USDT
Lighter PONS
Bybit PONSUSDT
Phoenix PONS