PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.022%

Price spread now: Injective against ApeX Omni+0.954%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Injective is 0.954% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.954% now, against zero (this spread has no 7-day history yet)): +$95 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 48 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PONSUSDT	0.5913	0.0100	pay 0.0013% / 1h	55m 48s	$29K	$329K	5x
Short	Injective PONS/USDC PERP	0.5969	0.0033	get 0.0004% / 1h	55m 48s	$614	$10K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.954%Rate

Funding earned: −$14
Price spread: +0.954% → 0.000%: $95.38
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $71.36
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 52 min ago; Injective: no order-book sample. 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 ApeX Omni live order book, 52 min ago	32.31 bp	54.6 bp −$55	130.2 bp −$1,302	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	0.5891	−0.371%	$234K	—	150x	as long as short
Injective PONS/USDC PERPshort	+0.0033%	1h	0.5969	+0.954%	$614	$10K	5.5x
Lighter RH PONS	+0.0096%	1h	0.5910	−0.054%	$407K	$2.5M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5898	−0.255%	$21K	$421K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5903	−0.171%	$2K	$3K	10x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5895	−0.306%	$69K	$131K	5x	as long as short
ApeX Omni PONSUSDTlong	+0.0100%	1h	0.5913	long leg	$29K	$329K	5x
SunX PONS-USDT	+0.0100%	4h	0.5904	−0.152%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5898	−0.259%	$25K	$589K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5913	+0.002%	$64K	$524K	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	0.5900	−0.222%	$1.6M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0224%	1h	0.5897	−0.274%	$367	—	3x	as long as short
Gate PONS_USDT	+0.0260%	4h	0.5906	−0.120%	$5.2M	$6.3M	20x	as long as short
Hyperliquid PONS	+0.0344%	1h	0.5914	+0.015%	$60.1M	$29.6M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0430%	4h	0.5910	−0.052%	$13.4M	$55.7M	20x	as long as short
Polymarket Perps PONS-USD	+0.0449%	1h	0.5898	−0.255%	$91K	$1.9M	3x	as long as short
Aster PONSUSDT	+0.0469%	4h	0.5906	−0.125%	$1.1M	$2.2M	20x	as long as short
Pacifica PONS	+0.0556%	1h	0.5899	−0.231%	$45K	$69K	3x	as long as short
Extended PONS-USD	+0.0576%	1h	0.5905	−0.134%	$101K	$811K	5x	as long as short
Binance PONSUSDT	+0.0579%	4h	0.5911	−0.038%	$37.2M	$98.6M	20x	as long as short
MEXC PONS_USDT	+0.0580%	4h	0.5908	−0.086%	$7.5M	$4.7M	20x	as long as short
edgeX PONSUSDC	+0.0599%	4h	0.5920	+0.112%	$20K	$293K	10x	as long as short
Bitget PONSUSDT	+0.0652%	4h	0.5909	−0.069%	$4.7M	$12.2M	20x	as long as short
Variational Omni PONS	+0.0661%	4h	0.5894	−0.324%	$1.4M	$4.1M	—	as long as short
KuCoin PONSUSDTM	+0.0684%	4h	0.5908	−0.078%	$1.6M	$3.8M	20x	as long as short
BloFin PONS-USDT	+0.0822%	4h	0.5905	−0.137%	$1.7M	$956K	20x	as long as short
BingX PONS-USDT	+0.0882%	4h	0.5911	−0.036%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0920%	4h	0.5909	−0.069%	$17.6M	$31.5M	20x	as long as short
Lighter PONS	+0.0952%	1h	0.5913	+0.003%	$1.6M	$822K	3x	as long as short
Phoenix PONS	+0.1719%	1h	0.5909	−0.076%	$45K	$120K	3x	as long as short