Funding you earn now, next payment 08:00 UTC−0.0615%/8h= −67.4% APRpaid last 24h −0.143%
Price spread now: Aevo against BloFin−0.218%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$18 a day on $10k at the current rate, and Aevo is 0.218% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PONS-USDT | 0.6191 | 0.0847 | pay 0.0424% / 4h | 14m 15s | $1.8M | $1.1M | 20x |
| Short | Aevo PONS-PERP | 0.6178 | 0.0232 | get 0.0029% / 1h | 14m 15s | $385 | — | 3x |
BloFin PONS-USDT
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against BloFin. 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
- −$129.2
- Price spread: −0.218% → 0.000%
- −$21.81
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$179.01
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Aevo: 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 BloFin live order book, 4 min ago | 6.47 bp | 13.7 bp −$14 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 +0.0032% / S −0.0029% | 1h | 0.6157 | −0.553% | $234K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6168 | −0.372% | $22K | $455K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6172 | −0.315% | $72K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6153 | −0.614% | $30K | $300K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6180 | −0.181% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6175 | −0.267% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6169 | −0.360% | $26K | $639K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6198 | +0.113% | $67K | $536K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6166 | −0.404% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0232% | 1h | 0.6178 | −0.218% | $385 | — | 3x |
gTrade (Gains Network) PONS/USD
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PONS-USDT-SWAP | +0.0412% | 4h | 0.6168 | −0.372% | $14.0M | $60.7M | 20x | as long as short |
| Gate PONS_USDT | +0.0462% | 4h | 0.6165 | −0.420% | $5.5M | $6.6M | 20x | as long as short |
| Aster PONSUSDT | +0.0486% | 4h | 0.6172 | −0.304% | $1.1M | $2.4M | 20x | as long as short |
| Variational Omni PONS | +0.0505% | 4h | 0.6176 | −0.242% | $1.5M | $4.2M | — | as long as short |
| KuCoin PONSUSDTM | +0.0532% | 4h | 0.6165 | −0.420% | $1.6M | $4.0M | 20x | as long as short |
| Lighter PONS | +0.0544% | 1h | 0.6182 | −0.147% | $1.7M | $856K | 3x | as long as short |
| Lighter RH PONS | +0.0552% | 1h | 0.6179 | −0.194% | $417K | $2.7M | 3x | as long as short |
| Pacifica PONS | +0.0572% | 1h | 0.6178 | −0.208% | $46K | $77K | 3x | as long as short |
| edgeX PONSUSDC | +0.0604% | 4h | 0.6181 | −0.163% | $20K | $292K | 10x | as long as short |
| MEXC PONS_USDT | +0.0606% | 4h | 0.6168 | −0.372% | $7.8M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0607% | 4h | 0.6166 | −0.396% | $40.0M | $105.2M | 20x | as long as short |
| Extended PONS-USD | +0.0608% | 1h | 0.6167 | −0.382% | $104K | $828K | 5x | as long as short |
| Hyperliquid PONS | +0.0612% | 1h | 0.6165 | −0.426% | $62.8M | $30.5M | 3x | as long as short |
| BingX PONS-USDT | +0.0666% | 4h | 0.6165 | −0.420% | — | $3.2M | — | as long as short |
| Bybit PONSUSDT | +0.0671% | 4h | 0.6167 | −0.388% | $18.4M | $33.0M | 20x | as long as short |
| Bitget PONSUSDT | +0.0704% | 4h | 0.6170 | −0.334% | $4.9M | $13.0M | 20x | as long as short |
| BloFin PONS-USDTlong | +0.0847% | 4h | 0.6191 | long leg | $1.8M | $1.1M | 20x | |
| Polymarket Perps PONS-USD | +0.1019% | 1h | 0.6166 | −0.405% | $73K | $2.3M | 3x | as long as short |
| Injective PONS/USDC PERP | +0.1069% | 1h | 0.5938 | −4.079% | $610 | $10K | 5.5x | as long as short |
| Phoenix PONS | +0.1405% | 1h | 0.6159 | −0.522% | $47K | $127K | 3x | as long as short |
OKX PONS-USDT-SWAP
Gate PONS_USDT
Aster PONSUSDT
Variational Omni PONS
KuCoin PONSUSDTM
Lighter PONS
Lighter RH PONS
Pacifica PONS
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Hyperliquid PONS
BingX PONS-USDT
Bybit PONSUSDT
Bitget PONSUSDT
Polymarket Perps PONS-USD
Injective PONS/USDC PERP
Phoenix PONS