PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0564%/8h= −61.8% APRnext payment −$0.70 per $10,000 · paid last 24h −0.111%

Price spread now: ApeX Omni against Extended−0.062%72s7-day average +0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1341.338% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.588%−$59 on $10k

Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.062%, 7d avg +0.127%

Together, before fees−0.378%+ Points / potential airdropExtended: Active · farm board−$38 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and ApeX Omni is 0.188% cheaper against Extended than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.127%). Swap the legs. The two prices were read 72 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	Extended PONS-USD	0.6339	0.0664	pay 0.0083% / 1h	52m 02s	$183K	$881K	5x
Short	ApeX Omni PONSUSDT	0.6335	0.0100	get 0.0013% / 1h	52m 02s	$32K	$280K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.062%Rate

Funding earned: −$118.44
Price spread: −0.062% → +0.127%: −$18.85
Slippage, 4 orders: −$118.78
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$271.06
Costs to cover: 1.338%
Break-even: never at this rate

Slippage from Extended: live order book, 59 min ago; ApeX Omni: live order book, 58 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 Extended live order book, 59 min ago	10.83 bp	24.9 bp −$25	175.7 bp −$1,757	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 58 min ago	28.22 bp	46.1 bp −$46	145.0 bp −$1,450	doesn't fit	doesn't fit

PONS on 30 exchanges

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 −0.0030%	1h	0.6333	−0.095%	$249K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	−6.317%	$610	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6337	−0.030%	$23K	$405K	20x	as long as short
ApeX Omni PONSUSDTshort	+0.0100%	1h	0.6335	−0.062%	$32K	$280K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6344	+0.088%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6340	+0.022%	—	$884K	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6338	−0.022%	$27K	$637K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6350	+0.181%	$67K	$536K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6337	−0.030%	$1.7M	$3.2M	20x	as long as short
Nado PONS-PERP	+0.0130%	1h	0.6335	−0.062%	$77K	$105K	5x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PONS-PERP	+0.0240%	1h	0.6341	+0.025%	$395	—	3x	as long as short
Polymarket Perps PONS-USD	+0.0253%	1h	0.6335	−0.065%	$74K	$2.1M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0382%	4h	0.6330	−0.141%	$14.4M	$60.0M	20x	as long as short
Lighter RH PONS	+0.0440%	1h	0.6337	−0.024%	$448K	$2.6M	3x	as long as short
KuCoin PONSUSDTM	+0.0462%	4h	0.6338	−0.014%	$1.8M	$4.3M	20x	as long as short
Aster PONSUSDT	+0.0536%	4h	0.6340	+0.010%	$1.2M	$2.2M	20x	as long as short
Hyperliquid PONS	+0.0555%	1h	0.6340	+0.022%	$65.1M	$30.9M	3x	as long as short
Lighter PONS	+0.0584%	1h	0.6340	+0.020%	$1.8M	$852K	3x	as long as short
Pacifica PONS	+0.0616%	1h	0.6339	−0.005%	$46K	$76K	3x	as long as short
Variational Omni PONS	+0.0656%	4h	0.6360	+0.331%	$1.6M	$4.3M	—	as long as short
Binance PONSUSDT	+0.0662%	4h	0.6336	−0.046%	$41.6M	$101.3M	20x	as long as short
Extended PONS-USDlong	+0.0664%	1h	0.6339	long leg	$183K	$881K	5x
MEXC PONS_USDT	+0.0664%	4h	0.6338	−0.014%	$7.9M	$4.5M	20x	as long as short
edgeX PONSUSDC	+0.0695%	4h	0.6371	+0.513%	$19K	$292K	10x	as long as short
Gate PONS_USDT	+0.0744%	4h	0.6339	+0.001%	$5.5M	$6.4M	20x	as long as short
Bitget PONSUSDT	+0.0758%	4h	0.6341	+0.035%	$5.1M	$13.5M	20x	as long as short
Bybit PONSUSDT	+0.0800%	4h	0.6333	−0.093%	$19.2M	$32.6M	20x	as long as short
BingX PONS-USDT	+0.0802%	4h	0.6331	−0.125%	—	$3.1M	—	as long as short
BloFin PONS-USDT	+0.0913%	4h	0.6340	+0.017%	$1.9M	$1.1M	20x	as long as short
Phoenix PONS	+0.1637%	1h	0.6345	+0.102%	$48K	$162K	3x	as long as short