PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0380%/8h= +41.6% APRnext payment +$0.48 per $10,000 · paid last 24h +0.099%

Price spread now: Extended against ApeX Omni−0.386%7-day average −0.128% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1301.296% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.581%+$58 on $10k

Price spread, last 4 days (all we have)+0.239%+$24 · spread now −0.386%, 7d avg −0.128%

Together, before fees+0.820%+ Points / potential airdropExtended: Active · farm board+$82 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.258% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.386% now, against its 7-day average of −0.128%). If the spread goes back, that is −$26 on $10k: about 2.3 days of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PONSUSDT	0.5940	0.0100	pay 0.0013% / 1h	3m 13s	$29K	$308K	5x
Short	Extended PONS-USD	0.5917	0.0480	get 0.0060% / 1h	3m 13s	$101K	$807K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee ExtendedbpOrdersPrice spread, now −0.386%Rate

Funding earned: $79.8
Price spread: −0.386% → −0.128%: −$25.79
Slippage, 4 orders: −$114.57
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$75.56
Costs to cover: 1.296%
Break-even: 13.6 days

Slippage from ApeX Omni: live order book, 39 min ago; Extended: live order book, 40 min ago.

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 ApeX Omni live order book, 39 min ago	31.07 bp	39.4 bp −$39	122.5 bp −$1,225	doesn't fit	doesn't fit
Sell Extended live order book, 40 min ago	9.30 bp	23.1 bp −$23	132.7 bp −$1,327	doesn't fit	doesn't fit

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 +0.0032% / S −0.0030%	1h	0.5918	−0.369%	$242K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	−0.020%	$610	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5919	−0.350%	$410K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5921	−0.315%	$22K	$420K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5926	−0.232%	$2K	$3K	10x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5917	−0.375%	$69K	$130K	5x	as long as short
ApeX Omni PONSUSDTlong	+0.0100%	1h	0.5940	long leg	$29K	$308K	5x
SunX PONS-USDT	+0.0100%	4h	0.5923	−0.279%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5919	−0.352%	$26K	$581K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5917	−0.384%	$64K	$525K	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	0.5913	−0.450%	$1.6M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0200%	1h	0.5920	−0.334%	$369	—	3x	as long as short
Hyperliquid PONS	+0.0302%	1h	0.5922	−0.305%	$60.1M	$29.5M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0413%	4h	0.5918	−0.365%	$13.4M	$55.2M	20x	as long as short
Aster PONSUSDT	+0.0455%	4h	0.5919	−0.342%	$1.1M	$2.2M	20x	as long as short
Binance PONSUSDT	+0.0479%	4h	0.5920	−0.332%	$37.3M	$98.0M	20x	as long as short
Extended PONS-USDshort	+0.0480%	1h	0.5917	−0.386%	$101K	$807K	5x
MEXC PONS_USDT	+0.0492%	4h	0.5920	−0.332%	$7.6M	$4.8M	20x	as long as short
edgeX PONSUSDC	+0.0501%	4h	0.5946	+0.102%	$20K	$290K	10x	as long as short
Variational Omni PONS	+0.0548%	4h	0.5964	+0.417%	$1.4M	$4.1M	—	as long as short
Pacifica PONS	+0.0556%	1h	0.5918	−0.368%	$45K	$68K	3x	as long as short
KuCoin PONSUSDTM	+0.0590%	4h	0.5920	−0.332%	$1.6M	$3.8M	20x	as long as short
Bybit PONSUSDT	+0.0646%	4h	0.5918	−0.365%	$17.5M	$31.2M	20x	as long as short
Polymarket Perps PONS-USD	+0.0654%	1h	0.5922	−0.298%	$85K	$1.9M	3x	as long as short
BingX PONS-USDT	+0.0656%	4h	0.5916	−0.399%	—	$3.0M	—	as long as short
Gate PONS_USDT	+0.0674%	4h	0.5930	−0.163%	$5.3M	$6.4M	20x	as long as short
Bitget PONSUSDT	+0.0680%	4h	0.5923	−0.281%	$4.7M	$12.2M	20x	as long as short
BloFin PONS-USDT	+0.0719%	4h	0.5919	−0.349%	$1.7M	$939K	20x	as long as short
Lighter PONS	+0.0872%	1h	0.5923	−0.281%	$1.6M	$832K	3x	as long as short
Phoenix PONS	+0.1472%	1h	0.5934	−0.091%	$45K	$127K	3x	as long as short