Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against ApeX Omni−1.674%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.674% cheaper against ApeX Omni than usual: you would sell low and buy high (−$167 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PONSUSDT | 0.6071 | 0.0100 | pay 0.0013% / 1h | 55m 22s | $33K | $357K | 5x |
| Short | Injective PONS/USDC PERP | 0.5969 | 0.0033 | get 0.0004% / 1h | 55m 22s | $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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: −1.674% → 0.000%
- −$167.35
- 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
- −$191.37
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 17 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, 17 min ago | 46.45 bp | 58.8 bp −$59 | 138.2 bp −$1,382 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PONS_USDT | −0.1104% | 4h | 0.6039 | −0.529% | $5.3M | $6.1M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0033% | 1h | 0.6041 | −0.496% | $239K | — | 150x | as long as short |
| Injective PONS/USDC PERPshort | +0.0033% | 1h | 0.5969 | −1.674% | $614 | $10K | 5.5x | |
| Lighter RH PONS | +0.0096% | 1h | 0.6058 | −0.209% | $423K | $2.5M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6051 | −0.331% | $20K | $417K | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6041 | −0.496% | $13.7M | $57.2M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6066 | −0.089% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDTlong | +0.0100% | 1h | 0.6071 | long leg | $33K | $357K | 5x | |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6052 | −0.316% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6054 | −0.290% | — | $1.4M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX PONS-USD | +0.0100% | 1h | 0.6046 | −0.422% | $27K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6079 | +0.130% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6068 | −0.051% | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0150% | 4h | 0.6044 | −0.446% | $1.7M | $3.8M | 20x | as long as short |
| Aevo PONS-PERP | +0.0160% | 1h | 0.6053 | −0.303% | $377 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0160% | 4h | 0.6046 | −0.407% | $1.1M | $2.2M | 20x | as long as short |
| Bitget PONSUSDT | +0.0186% | 4h | 0.6046 | −0.420% | $4.7M | $11.7M | 20x | as long as short |
| Lighter PONS | +0.0200% | 1h | 0.6058 | −0.216% | $1.7M | $894K | 3x | as long as short |
| Binance PONSUSDT | +0.0302% | 4h | 0.6050 | −0.339% | $39.6M | $97.9M | 20x | as long as short |
| MEXC PONS_USDT | +0.0302% | 4h | 0.6049 | −0.364% | $7.9M | $4.8M | 20x | as long as short |
| Extended PONS-USD | +0.0304% | 1h | 0.6045 | −0.432% | $250K | $679K | 5x | as long as short |
| edgeX PONSUSDC | +0.0317% | 4h | 0.6066 | −0.081% | $21K | $292K | 10x | as long as short |
| Nado PONS-PERP | +0.0410% | 1h | 0.6056 | −0.249% | $105K | $116K | 5x | as long as short |
| BloFin PONS-USDT | +0.0540% | 4h | 0.6067 | −0.068% | $1.8M | $1.0M | 20x | as long as short |
| Pacifica PONS | +0.0665% | 1h | 0.6054 | −0.286% | $48K | $96K | 3x | as long as short |
| Bybit PONSUSDT | +0.0721% | 4h | 0.6042 | −0.479% | $18.1M | $31.3M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0808% | 1h | 0.6049 | −0.369% | $42K | $1.6M | 3x | as long as short |
| BingX PONS-USDT | +0.0916% | 4h | 0.6046 | −0.413% | — | $3.1M | — | as long as short |
| Hyperliquid PONS | +0.1135% | 1h | 0.6051 | −0.325% | $61.6M | $30.0M | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6073 | +0.036% | $31K | $113K | 3x | as long as short |
ApeX Omni PONSUSDT
Injective PONS/USDC PERP
Gate PONS_USDT
gTrade (Gains Network) PONS/USD
Lighter RH PONS
Popdex PONSUSDT
OKX PONS-USDT-SWAP
Variational Omni PONS
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
KuCoin PONSUSDTM
Aster PONSUSDT
Bitget PONSUSDT
Lighter PONS
Binance PONSUSDT
MEXC PONS_USDT
Extended PONS-USD
edgeX PONSUSDC
BloFin PONS-USDT
Pacifica PONS
Bybit PONSUSDT
Polymarket Perps PONS-USD
BingX PONS-USDT
Hyperliquid PONS
Phoenix PONS