Funding you earn now, next payment 12:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.032%
Price spread now: KuCoin against Extended+0.021%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.021%, 7d avg +0.004%
=Together, before fees−0.306%+ Points / potential airdropExtended: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PONS-USD | 0.6378 | 0.0544 | pay 0.0068% / 1h | 24m 33s | $185K | $811K | 5x |
| Short | KuCoin PONSUSDTM | 0.6379 | 0.0522 | get 0.0261% / 4h | 24m 33s | $1.8M | $4.3M | 20x |
Extended PONS-USD
KuCoin PONSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$4.62
- Price spread: +0.021% → +0.004%
- $1.65
- Slippage, 4 orders
- −$99.68
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$119.65
- Costs to cover
- 1.167%
- Break-even
- never at this rate
Slippage from Extended: live order book, 16 min ago; KuCoin: live order book, 6 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, 16 min ago | 12.35 bp | 26.7 bp −$27 | 130.2 bp −$1,302 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.99 bp | 33.0 bp −$33 | 113.1 bp −$1,131 | 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 +0.0031% / S −0.0029% | 1h | 0.6368 | −0.146% | $251K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5938 | −6.887% | $610 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6377 | −0.012% | $17K | $400K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6377 | −0.012% | $78K | $92K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6378 | +0.008% | $32K | $285K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6384 | +0.093% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6375 | −0.040% | — | $815K | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6377 | −0.009% | $27K | $598K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6393 | +0.234% | $66K | $551K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6379 | +0.019% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | +0.0216% | 1h | 0.6380 | +0.035% | $397 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0257% | 4h | 0.6373 | −0.075% | $14.1M | $59.9M | 20x | as long as short |
| Hyperliquid PONS | +0.0284% | 1h | 0.6374 | −0.065% | $65.0M | $29.4M | 3x | as long as short |
| Aster PONSUSDT | +0.0392% | 4h | 0.6376 | −0.028% | $1.2M | $2.2M | 20x | as long as short |
| Lighter RH PONS | +0.0432% | 1h | 0.6377 | −0.017% | $464K | $2.6M | 3x | as long as short |
| Pacifica PONS | +0.0517% | 1h | 0.6378 | +0.008% | $47K | $73K | 3x | as long as short |
| KuCoin PONSUSDTMshort | +0.0522% | 4h | 0.6379 | +0.021% | $1.8M | $4.3M | 20x | |
| edgeX PONSUSDC | +0.0543% | 4h | 0.6387 | +0.143% | $18K | $294K | 10x | as long as short |
| Extended PONS-USDlong | +0.0544% | 1h | 0.6378 | long leg | $185K | $811K | 5x | |
| MEXC PONS_USDT | +0.0544% | 4h | 0.6380 | +0.035% | $7.8M | $4.6M | 20x | as long as short |
| Binance PONSUSDT | +0.0546% | 4h | 0.6379 | +0.019% | $41.1M | $98.4M | 20x | as long as short |
| Variational Omni PONS | +0.0575% | 4h | 0.6392 | +0.227% | $1.5M | $3.7M | — | as long as short |
| Bitget PONSUSDT | +0.0654% | 4h | 0.6382 | +0.068% | $5.0M | $13.1M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0686% | 1h | 0.6375 | −0.050% | $93K | $2.1M | 3x | as long as short |
| BingX PONS-USDT | +0.0704% | 4h | 0.6370 | −0.122% | — | $3.1M | — | as long as short |
| Bybit PONSUSDT | +0.0755% | 4h | 0.6374 | −0.059% | $19.2M | $31.4M | 20x | as long as short |
| BloFin PONS-USDT | +0.0785% | 4h | 0.6374 | −0.059% | $1.9M | $1.1M | 20x | as long as short |
| Lighter PONS | +0.0920% | 1h | 0.6380 | +0.030% | $1.8M | $849K | 3x | as long as short |
| Gate PONS_USDT | +0.1150% | 4h | 0.6372 | −0.090% | $5.4M | $6.5M | 20x | as long as short |
| Phoenix PONS | +0.1439% | 1h | 0.6391 | +0.212% | $49K | $153K | 3x | as long as short |
Aevo PONS-PERP
OKX PONS-USDT-SWAP
Hyperliquid PONS
Aster PONSUSDT
Lighter RH PONS
Pacifica PONS
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Variational Omni PONS
Bitget PONSUSDT
Polymarket Perps PONS-USD
BingX PONS-USDT
Bybit PONSUSDT
BloFin PONS-USDT
Lighter PONS
Gate PONS_USDT
Phoenix PONS