PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.17 per $10,000 · paid last 24h −0.067%

Price spread now: Aevo against Extended−0.093%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aevo is 0.093% cheaper against Extended than usual: you would sell low and buy high (−$9 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	Extended PONS-USD	0.6124	0.0288	pay 0.0036% / 1h	42m 36s	$253K	$682K	5x
Short	Aevo PONS-PERP	0.6118	0.0152	get 0.0019% / 1h	42m 36s	$381	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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 ExtendedbpFee AevobpOrdersPrice spread, now −0.093%Rate

Funding earned: −$28.56
Price spread: −0.093% → 0.000%: −$9.26
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$58.82
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 35 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 Extended live order book, 35 min ago	11.94 bp	28.6 bp −$29	198.0 bp −$1,980	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
Injective PONS/USDC PERP	−0.0047%	1h	0.5969	−2.521%	$614	$10K	5.5x	as long as short
gTrade (Gains Network) PONS/USD	L +0.0033% / S −0.0034%	1h	0.6111	−0.211%	$236K	—	150x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6125	+0.019%	$20K	$445K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6117	−0.112%	$86K	$107K	5x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.6116	−0.128%	$18.5M	$31.7M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.6121	−0.047%	$13.9M	$58.1M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6136	+0.194%	$1.4M	$4.3M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6124	+0.006%	$33K	$360K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6125	+0.017%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6118	−0.101%	—	$1.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX PONS-USD	+0.0100%	1h	0.6117	−0.120%	$28K	$546K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6147	+0.371%	$65K	$508K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6116	−0.128%	$1.7M	$3.3M	20x	as long as short
KuCoin PONSUSDTM	+0.0124%	4h	0.6120	−0.060%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0126%	4h	0.6124	+0.002%	$4.8M	$11.7M	20x	as long as short
Aevo PONS-PERPshort	+0.0152%	1h	0.6118	−0.093%	$381	—	3x
Lighter RH PONS	+0.0160%	1h	0.6123	−0.016%	$430K	$2.6M	3x	as long as short
Aster PONSUSDT	+0.0180%	4h	0.6116	−0.129%	$1.1M	$2.2M	20x	as long as short
Lighter PONS	+0.0224%	1h	0.6124	+0.006%	$1.7M	$921K	3x	as long as short
Extended PONS-USDlong	+0.0288%	1h	0.6124	long leg	$253K	$682K	5x
MEXC PONS_USDT	+0.0290%	4h	0.6125	+0.019%	$8.1M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0294%	4h	0.6122	−0.024%	$40.0M	$98.9M	20x	as long as short
BingX PONS-USDT	+0.0300%	4h	0.6125	+0.019%	—	$3.1M	—	as long as short
edgeX PONSUSDC	+0.0306%	4h	0.6124	0.000%	$21K	$294K	10x	as long as short
BloFin PONS-USDT	+0.0531%	4h	0.6119	−0.079%	$1.8M	$1.0M	20x	as long as short
Polymarket Perps PONS-USD	+0.0717%	1h	0.6121	−0.043%	$42K	$1.7M	3x	as long as short
Pacifica PONS	+0.0899%	1h	0.6121	−0.041%	$48K	$96K	3x	as long as short
Hyperliquid PONS	+0.0970%	1h	0.6125	+0.015%	$62.2M	$30.8M	3x	as long as short
Phoenix PONS	+0.1307%	1h	0.6123	−0.012%	$31K	$102K	3x	as long as short
Gate PONS_USDT	+0.2124%	4h	0.6117	−0.112%	$5.4M	$6.2M	20x	as long as short