PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0109%/8h= −11.9% APRnext payment −$0.55 per $10,000 · paid last 24h +0.021%

Price spread now: KuCoin against Aster+0.105%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$950.949% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.131%+$13 on $10k

Price spread, last 7 days−0.058%−$6 · spread now +0.105%, 7d avg +0.035%

Together, before fees+0.073%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.070% dearer against Aster than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.035%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.131%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PONSUSDT	0.6020	0.0327	pay 0.0164% / 4h	2h 44m	$1.1M	$2.0M	20x
Short	KuCoin PONSUSDTM	0.6026	0.0218	get 0.0109% / 4h	2h 44m	$1.7M	$3.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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 AsterbpFee KuCoinbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$22.91
Price spread: +0.105% → +0.035%: $7.02
Slippage, 4 orders: −$74.9
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$110.79
Costs to cover: 0.949%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; KuCoin: live order book, 8 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 Aster live order book, 4 min ago	3.56 bp	9.4 bp −$9	28.9 bp −$289	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	3.47 bp	35.5 bp −$36	doesn't fit	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 +0.0033% / S −0.0033%	1h	0.6011	−0.140%	$238K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.837%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6026	+0.102%	$20K	$423K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6019	−0.013%	$1.4M	$4.1M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6030	+0.162%	$33K	$353K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6019	−0.010%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6022	+0.042%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6020	+0.009%	$26K	$530K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6042	+0.361%	$64K	$510K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6020	+0.002%	$1.7M	$3.2M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PONS-PERP	+0.0184%	1h	0.6016	−0.057%	$375	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0206%	4h	0.6029	+0.152%	$13.8M	$55.6M	20x	as long as short
KuCoin PONSUSDTMshort	+0.0218%	4h	0.6026	+0.105%	$1.7M	$3.7M	20x
Lighter RH PONS	+0.0224%	1h	0.6029	+0.150%	$421K	$2.5M	3x	as long as short
Bybit PONSUSDT	+0.0269%	4h	0.6029	+0.152%	$18.1M	$30.8M	20x	as long as short
Lighter PONS	+0.0280%	1h	0.6028	+0.130%	$1.7M	$883K	3x	as long as short
Bitget PONSUSDT	+0.0288%	4h	0.6026	+0.107%	$4.7M	$11.3M	20x	as long as short
Nado PONS-PERP	+0.0307%	1h	0.6017	−0.048%	$70K	$132K	5x	as long as short
Aster PONSUSDTlong	+0.0327%	4h	0.6020	long leg	$1.1M	$2.0M	20x
BingX PONS-USDT	+0.0390%	4h	0.6028	+0.135%	—	$3.0M	—	as long as short
Binance PONSUSDT	+0.0390%	4h	0.6034	+0.240%	$39.6M	$95.9M	20x	as long as short
Extended PONS-USD	+0.0392%	1h	0.6026	+0.109%	$249K	$682K	5x	as long as short
MEXC PONS_USDT	+0.0394%	4h	0.6032	+0.201%	$7.8M	$4.7M	20x	as long as short
edgeX PONSUSDC	+0.0411%	4h	0.6023	+0.053%	$21K	$293K	10x	as long as short
BloFin PONS-USDT	+0.0646%	4h	0.6065	+0.750%	$1.8M	$984K	20x	as long as short
Gate PONS_USDT	+0.0688%	4h	0.6022	+0.035%	$5.3M	$6.1M	20x	as long as short
Hyperliquid PONS	+0.0706%	1h	0.6029	+0.150%	$61.3M	$28.7M	3x	as long as short
Polymarket Perps PONS-USD	+0.0770%	1h	0.6023	+0.057%	$46K	$1.6M	3x	as long as short
Pacifica PONS	+0.0869%	1h	0.6031	+0.189%	$48K	$75K	3x	as long as short
Phoenix PONS	+0.1695%	1h	0.6064	+0.733%	$31K	$107K	3x	as long as short