Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.077%
Price spread now: Aevo against edgeX−0.061%7-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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.061% cheaper against edgeX than usual: you would sell low and buy high (−$6 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 | edgeX PONSUSDC | 0.5991 | 0.0174 | pay 0.0087% / 4h | 1h 20m | $21K | $292K | 10x |
| Short | Aevo PONS-PERP | 0.5988 | 0.0128 | get 0.0016% / 1h | 20m 35s | $373 | — | 3x |
edgeX PONSUSDC
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against edgeX. 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
- −$9.61
- Price spread: −0.061% → 0.000%
- −$6.11
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$40.73
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 62 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 edgeX live order book, 62 min ago | 11.86 bp | 21.6 bp −$22 | doesn't fit | 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 +0.0033% / S −0.0034% | 1h | 0.5980 | −0.189% | $219K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.362% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5991 | −0.003% | $19K | $439K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5986 | −0.086% | $17.9M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5988 | −0.053% | $13.5M | $56.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5984 | −0.116% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5989 | −0.043% | $4.7M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5961 | −0.499% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5994 | +0.052% | $35K | $350K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5995 | +0.059% | $3K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5991 | −0.006% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5987 | −0.078% | $27K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5993 | +0.032% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5989 | −0.036% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0128% | 1h | 0.5988 | −0.061% | $373 | — | 3x | |
| Aster PONSUSDT | +0.0146% | 4h | 0.5987 | −0.073% | $1.1M | $2.2M | 20x | as long as short |
| edgeX PONSUSDClong | +0.0174% | 4h | 0.5991 | long leg | $21K | $292K | 10x | |
| BingX PONS-USDT | +0.0182% | 4h | 0.5988 | −0.053% | — | $3.1M | — | as long as short |
| MEXC PONS_USDT | +0.0190% | 4h | 0.5985 | −0.103% | $7.7M | $4.9M | 20x | as long as short |
| Binance PONSUSDT | +0.0191% | 4h | 0.5989 | −0.036% | $39.0M | $97.8M | 20x | as long as short |
| Extended PONS-USD | +0.0192% | 1h | 0.5985 | −0.108% | $248K | $667K | 5x | as long as short |
| Nado PONS-PERP | +0.0232% | 1h | 0.5990 | −0.019% | $91K | $103K | 5x | as long as short |
| Lighter RH PONS | +0.0384% | 1h | 0.5987 | −0.078% | $423K | $2.7M | 3x | as long as short |
| BloFin PONS-USDT | +0.0431% | 4h | 0.5986 | −0.086% | $1.7M | $980K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5984 | −0.112% | $47K | $96K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0500% | 1h | 0.5989 | −0.028% | $37K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0672% | 1h | 0.5985 | −0.103% | $60.5M | $30.1M | 3x | as long as short |
| Lighter PONS | +0.0728% | 1h | 0.5985 | −0.110% | $1.7M | $998K | 3x | as long as short |
| Gate PONS_USDT | +0.1348% | 4h | 0.5984 | −0.120% | $5.2M | $6.5M | 20x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5991 | −0.001% | $30K | $96K | 3x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aster PONSUSDT
BingX PONS-USDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Nado PONS-PERP
Lighter RH PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Lighter PONS
Gate PONS_USDT
Phoenix PONS