Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.092%
Price spread now: SunX against Extended+0.085%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$3093.094% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.578%−$58 on $10k
Price spread, last 3 days (all we have)+0.140%+$14 · spread now +0.085%, 7d avg +0.069%
Together, before fees−0.438%+ Points / potential airdropExtended: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PONS-USD0.61310.0304pay 0.0038% / 1h21m 38s$253K$682K5x
ShortSunX PONS-USDT0.61360.0100get 0.0050% / 4h21m 38s$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$42.84
Price spread: +0.085% → +0.069%
$1.61
Slippage, 4 orders
−$296.39
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$350.63
Costs to cover
3.094%
Break-even
never at this rate
Slippage from Extended: live order book, 56 min ago; SunX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 56 min ago11.94 bp28.6 bp −$29198.0 bp −$1,980doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago107.25 bp127.9 bp −$128doesn't fitdoesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PONS/USDC PERP−0.0047%1h0.5969−2.632%$614$10K5.5xas long as short
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0033%1h0.6124−0.110%$242K150xas long as short
Lighter RH PONS+0.0096%1h0.6135+0.072%$428K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.6134+0.051%$20K$434K20xas long as short
Nado PONS-PERP+0.0100%1h0.6130−0.014%$88K$107K5xas long as short
Bybit PONSUSDT+0.0100%4h0.6127−0.063%$18.4M$31.5M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.6127−0.063%$14.0M$58.1M20xas long as short
Variational Omni PONS+0.0100%4h0.6129−0.026%$1.4M$4.2Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6132+0.017%$34K$360K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6131+0.004%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDTshort+0.0100%4h0.6136+0.085%$1.4M10x
SoDEX PONS-USD+0.0100%1h0.6137+0.094%$28K$546K3xas long as short
HTX PONS-USDT+0.0100%4h0.6147+0.263%$65K$509K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6138+0.116%$1.7M$3.3M20xas long as short
KuCoin PONSUSDTM+0.0132%4h0.6133+0.032%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0158%4h0.6133+0.041%$4.8M$11.7M20xas long as short
Aster PONSUSDT+0.0158%4h0.6123−0.120%$1.1M$2.2M20xas long as short
Aevo PONS-PERP+0.0160%1h0.6126−0.078%$3823xas long as short
MEXC PONS_USDT+0.0300%4h0.6133+0.035%$8.0M$4.9M20xas long as short
edgeX PONSUSDC+0.0304%4h0.6119−0.187%$21K$292K10xas long as short
Extended PONS-USDlong+0.0304%1h0.6131long leg$253K$682K5x
BingX PONS-USDT+0.0306%4h0.6131+0.002%$3.1Mas long as short
Binance PONSUSDT+0.0319%4h0.6132+0.019%$40.2M$98.6M20xas long as short
Lighter PONS+0.0336%1h0.6137+0.095%$1.7M$923K3xas long as short
BloFin PONS-USDT+0.0544%4h0.6111−0.324%$1.8M$1.0M20xas long as short
Polymarket Perps PONS-USD+0.0658%1h0.6133+0.043%$42K$1.7M3xas long as short
Hyperliquid PONS+0.0871%1h0.6140+0.149%$62.5M$30.0M3xas long as short
Pacifica PONS+0.0899%1h0.6129−0.037%$48K$96K3xas long as short
Phoenix PONS+0.1307%1h0.6121−0.167%$31K$102K3xas long as short
Gate PONS_USDT+0.2448%4h0.6127−0.063%$5.4M$6.3M20xas long as short