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

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0376%/8h= +41.2% APRpaid last 24h +0.060%
Price spread now: MEXC against Aevo+0.008%7-day average · you sell dearer than you buy
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: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PONS-PERP0.60680.0232pay 0.0029% / 1h19m 06s$3783x
ShortMEXC PONS_USDT0.60680.0608get 0.0304% / 4h19m 06s$7.7M$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$78.96
Price spread: +0.008% → 0.000%
$0.82
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee MEXC: 0 bp × 2 orders
$0
Net
$63.78
Costs to cover
0.160%
Break-even
1.3 days
Slippage unknown: Aevo: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago1.65 bp6.0 bp −$615.3 bp −$153345.1 bp −$34.5Kdoesn'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 +0.0033% / S −0.0032%1h0.6057−0.165%$241K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−1.615%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6069+0.025%$21K$435K20xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6054−0.231%$35K$348K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6073+0.094%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6071+0.064%$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6069+0.016%$26K$534K3xas long as short
HTX PONS-USDT+0.0100%4h0.6065−0.036%$66K$512K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6058−0.157%$1.7M$3.2M20xas long as short
Aevo PONS-PERPlong+0.0232%1h0.6068long leg$3783x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PONS+0.0241%4h0.6050−0.282%$1.4M$4.0Mas long as short
Gate PONS_USDT+0.0266%4h0.6062−0.091%$5.3M$6.3M20xas long as short
Nado PONS-PERP+0.0295%1h0.6069+0.025%$71K$129K5xas long as short
OKX PONS-USDT-SWAP+0.0332%4h0.6062−0.091%$13.8M$55.7M20xas long as short
Lighter PONS+0.0400%1h0.6066−0.033%$1.7M$884K3xas long as short
Bitget PONSUSDT+0.0480%4h0.6066−0.020%$4.6M$11.5M20xas long as short
Bybit PONSUSDT+0.0480%4h0.6063−0.074%$18.1M$30.8M20xas long as short
Aster PONSUSDT+0.0487%4h0.6064−0.054%$1.1M$2.1M20xas long as short
Lighter RH PONS+0.0536%1h0.6068+0.008%$414K$2.5M3xas long as short
BingX PONS-USDT+0.0570%4h0.6065−0.041%$3.0Mas long as short
edgeX PONSUSDC+0.0605%4h0.6041−0.443%$18K$292K10xas long as short
Extended PONS-USD+0.0608%1h0.6067−0.002%$108K$813K5xas long as short
MEXC PONS_USDTshort+0.0608%4h0.6068+0.008%$7.7M$4.7M20x
Binance PONSUSDT+0.0609%4h0.6064−0.058%$39.6M$95.2M20xas long as short
KuCoin PONSUSDTM+0.0670%4h0.6069+0.031%$1.7M$3.8M20xas long as short
Hyperliquid PONS+0.0800%1h0.6064−0.051%$62.0M$28.3M3xas long as short
BloFin PONS-USDT+0.0849%4h0.6067−0.008%$1.7M$962K20xas long as short
Pacifica PONS+0.0859%1h0.6066−0.032%$48K$67K3xas long as short
Polymarket Perps PONS-USD+0.0893%1h0.6068+0.010%$73K$1.6M3xas long as short
Phoenix PONS+0.1736%1h0.6049−0.311%$31K$104K3xas long as short