Funding you earn now, next payment 05:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.006%
Price spread now: Extended against Binance−0.053%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.053%, 7d avg −0.025%
=Together, before fees+0.116%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PONSUSDT | 0.6004 | 0.0614 | pay 0.0307% / 4h | 3h 49m | $39.3M | $95.4M | 20x |
| Short | Extended PONS-USD | 0.6001 | 0.0616 | get 0.0077% / 1h | 49m 54s | $108K | $813K | 5x |
Binance PONSUSDT
Extended PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.35
- Price spread: −0.053% → −0.025%
- −$2.74
- Slippage, 4 orders
- −$65.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$82.65
- Costs to cover
- 0.803%
- Break-even
- 1646.9 days
Slippage from Binance: live order book, 8 min ago; Extended: live order book, 3 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 Binance live order book, 8 min ago | 0.83 bp | 14.0 bp −$14 | 54.9 bp −$549 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 12.86 bp | 28.2 bp −$28 | 153.4 bp −$1,534 | 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 −0.0032% | 1h | 0.5994 | −0.160% | $238K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.575% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6008 | +0.067% | $21K | $435K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6007 | +0.047% | $70K | $129K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6054 | +0.826% | $35K | $345K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6011 | +0.110% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6020 | +0.260% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6002 | −0.038% | $26K | $538K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6004 | +0.007% | $65K | $513K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6010 | +0.100% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Nado PONS-PERP
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | +0.0232% | 1h | 0.6006 | +0.033% | $374 | — | 3x | as long as short |
| Variational Omni PONS | +0.0329% | 4h | 0.6021 | +0.282% | $1.4M | $3.9M | — | as long as short |
| OKX PONS-USDT-SWAP | +0.0336% | 4h | 0.6001 | −0.050% | $13.7M | $55.4M | 20x | as long as short |
| Lighter RH PONS | +0.0472% | 1h | 0.6003 | −0.018% | $418K | $2.5M | 3x | as long as short |
| Aster PONSUSDT | +0.0476% | 4h | 0.6004 | +0.003% | $1.1M | $2.1M | 20x | as long as short |
| Bitget PONSUSDT | +0.0506% | 4h | 0.6006 | +0.025% | $4.6M | $11.6M | 20x | as long as short |
| Lighter PONS | +0.0520% | 1h | 0.6004 | +0.005% | $1.6M | $891K | 3x | as long as short |
| BingX PONS-USDT | +0.0604% | 4h | 0.6004 | 0.000% | — | $3.0M | — | as long as short |
| Binance PONSUSDTlong | +0.0614% | 4h | 0.6004 | long leg | $39.3M | $95.4M | 20x | |
| Extended PONS-USDshort | +0.0616% | 1h | 0.6001 | −0.053% | $108K | $813K | 5x | |
| MEXC PONS_USDT | +0.0620% | 4h | 0.6004 | 0.000% | $7.6M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0622% | 4h | 0.6045 | +0.675% | $18K | $293K | 10x | as long as short |
| Hyperliquid PONS | +0.0632% | 1h | 0.6002 | −0.027% | $61.4M | $28.4M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0702% | 4h | 0.6002 | −0.030% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0783% | 1h | 0.6006 | +0.027% | $73K | $1.6M | 3x | as long as short |
| Bybit PONSUSDT | +0.0848% | 4h | 0.6002 | −0.033% | $18.0M | $30.9M | 20x | as long as short |
| BloFin PONS-USDT | +0.0861% | 4h | 0.6027 | +0.383% | $1.7M | $959K | 20x | as long as short |
| Gate PONS_USDT | +0.0914% | 4h | 0.6002 | −0.033% | $5.2M | $6.1M | 20x | as long as short |
| Pacifica PONS | +0.1081% | 1h | 0.6013 | +0.158% | $47K | $67K | 3x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.6036 | +0.525% | $41K | $109K | 3x | as long as short |
Aevo PONS-PERP
Variational Omni PONS
OKX PONS-USDT-SWAP
Lighter RH PONS
Aster PONSUSDT
Bitget PONSUSDT
Lighter PONS
BingX PONS-USDT
MEXC PONS_USDT
edgeX PONSUSDC
Hyperliquid PONS
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
Bybit PONSUSDT
BloFin PONS-USDT
Gate PONS_USDT
Pacifica PONS
Phoenix PONS