Funding you earn now, next payment 04:00 UTC−0.0289%/8h= −31.6% APRnext payment −$1.44 per $10,000 · paid last 24h −0.015%
Price spread now: Variational Omni against Binance−0.375%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.171%−$17 on $10k
+Price spread, last 7 days+0.335%+$34 · spread now −0.375%, 7d avg −0.066%
=Together, before fees+0.164%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.309% cheaper against Binance than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PONSUSDT | 0.6141 | 0.0389 | pay 0.0194% / 4h | 3h 10m | $40.4M | $96.2M | 20x |
| Short | Variational Omni PONS | 0.6118 | 0.0100 | get 0.0050% / 4h | 3h 10m | $1.4M | $4.2M | — |
Binance PONSUSDT
Variational Omni PONSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$60.66
- Price spread: −0.375% → −0.066%
- −$30.86
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$101.52
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Binance live order book, 3 min ago | 0.81 bp | 13.3 bp −$13 | 45.2 bp −$452 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 5.71 bp | doesn't fit | 31.8 bp −$318 | 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 | 0.6129 | −0.201% | $243K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −2.793% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6142 | +0.016% | $21K | $415K | 20x | as long as short |
| Variational Omni PONSshort | +0.0100% | 4h | 0.6118 | −0.375% | $1.4M | $4.2M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6098 | −0.694% | $33K | $356K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6147 | +0.094% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6142 | +0.021% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6139 | −0.024% | $27K | $543K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6143 | +0.039% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6135 | −0.098% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0136% | 1h | 0.6139 | −0.034% | $435K | $2.6M | 3x | as long as short |
| Aevo PONS-PERP | +0.0176% | 1h | 0.6141 | −0.007% | $383 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0211% | 4h | 0.6138 | −0.049% | $14.1M | $56.7M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0218% | 4h | 0.6140 | −0.010% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0276% | 4h | 0.6140 | −0.010% | $4.8M | $11.3M | 20x | as long as short |
| Aster PONSUSDT | +0.0325% | 4h | 0.6140 | −0.013% | $1.1M | $2.0M | 20x | as long as short |
| edgeX PONSUSDC | +0.0381% | 4h | 0.6107 | −0.561% | $21K | $294K | 10x | as long as short |
| Binance PONSUSDTlong | +0.0389% | 4h | 0.6141 | long leg | $40.4M | $96.2M | 20x | |
| MEXC PONS_USDT | +0.0390% | 4h | 0.6141 | 0.000% | $8.0M | $4.9M | 20x | as long as short |
| Extended PONS-USD | +0.0392% | 1h | 0.6141 | −0.006% | $253K | $677K | 5x | as long as short |
| Lighter PONS | +0.0496% | 1h | 0.6139 | −0.031% | $1.7M | $943K | 3x | as long as short |
| Nado PONS-PERP | +0.0591% | 1h | 0.6143 | +0.039% | $106K | $115K | 5x | as long as short |
| BingX PONS-USDT | +0.0592% | 4h | 0.6142 | +0.016% | — | $3.1M | — | as long as short |
| Bybit PONSUSDT | +0.0628% | 4h | 0.6137 | −0.065% | $18.5M | $30.9M | 20x | as long as short |
| BloFin PONS-USDT | +0.0631% | 4h | 0.6126 | −0.244% | $1.8M | $996K | 20x | as long as short |
| Pacifica PONS | +0.0665% | 1h | 0.6133 | −0.134% | $48K | $78K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0798% | 1h | 0.6141 | −0.003% | $45K | $1.6M | 3x | as long as short |
| Hyperliquid PONS | +0.0872% | 1h | 0.6141 | −0.002% | $62.5M | $29.2M | 3x | as long as short |
| Gate PONS_USDT | +0.1268% | 4h | 0.6134 | −0.114% | $5.4M | $6.2M | 20x | as long as short |
| Phoenix PONS | +0.1608% | 1h | 0.6139 | −0.031% | $32K | $113K | 3x | as long as short |
Lighter RH PONS
Aevo PONS-PERP
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
edgeX PONSUSDC
MEXC PONS_USDT
Extended PONS-USD
Lighter PONS
Nado PONS-PERP
BingX PONS-USDT
Bybit PONSUSDT
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Gate PONS_USDT
Phoenix PONS