Funding you earn now, next payment 01:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h +0.089%
Price spread now: Extended against HTX+0.041%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3553.552% of the position
Funding, last 7 days+0.577%+$58 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.041%, 7d avg −0.057%
=Together, before fees+0.504%+ Points / potential airdropExtended: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.098% dearer against HTX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PONS-USDT | 0.6139 | 0.0100 | pay 0.0050% / 4h | 3h 07m | $65K | $510K | 20x |
| Short | Extended PONS-USD | 0.6142 | 0.0392 | get 0.0049% / 1h | 7m 04s | $253K | $677K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against HTX. 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
- $61.32
- Price spread: +0.041% → −0.057%
- $9.78
- Slippage, 4 orders
- −$338.19
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$284.08
- Costs to cover
- 3.552%
- Break-even
- 39.4 days
Slippage from HTX: live order book, 1 min ago; Extended: live order book, 1 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 HTX live order book, 1 min ago | 29.96 bp | 135.3 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 11.01 bp | 24.6 bp −$25 | 178.2 bp −$1,782 | doesn't fit | doesn't fit |
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 −0.0033% | 1h | 0.6129 | −0.170% | $243K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −2.763% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6140 | +0.015% | $21K | $415K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6118 | −0.344% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6122 | −0.272% | $34K | $356K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6149 | +0.155% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6132 | −0.108% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6142 | +0.047% | $26K | $534K | 3x | as long as short |
| HTX PONS-USDTlong | +0.0100% | 4h | 0.6139 | long leg | $65K | $510K | 20x | |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6138 | −0.018% | $1.7M | $3.2M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0160% | 1h | 0.6141 | +0.028% | $435K | $2.6M | 3x | as long as short |
| Aevo PONS-PERP | +0.0176% | 1h | 0.6142 | +0.046% | $383 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0219% | 4h | 0.6127 | −0.197% | $14.1M | $56.6M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0228% | 4h | 0.6141 | +0.026% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0280% | 4h | 0.6144 | +0.083% | $4.8M | $11.3M | 20x | as long as short |
| Aster PONSUSDT | +0.0335% | 4h | 0.6138 | −0.011% | $1.1M | $2.0M | 20x | as long as short |
| Extended PONS-USDshort | +0.0392% | 1h | 0.6142 | +0.041% | $253K | $677K | 5x | |
| edgeX PONSUSDC | +0.0393% | 4h | 0.6136 | −0.056% | $21K | $292K | 10x | as long as short |
| Binance PONSUSDT | +0.0394% | 4h | 0.6140 | +0.015% | $40.4M | $96.1M | 20x | as long as short |
| MEXC PONS_USDT | +0.0396% | 4h | 0.6145 | +0.096% | $8.0M | $4.9M | 20x | as long as short |
| Lighter PONS | +0.0496% | 1h | 0.6142 | +0.049% | $1.7M | $945K | 3x | as long as short |
| Nado PONS-PERP | +0.0585% | 1h | 0.6138 | −0.010% | $106K | $115K | 5x | as long as short |
| BingX PONS-USDT | +0.0588% | 4h | 0.6145 | +0.096% | — | $3.1M | — | as long as short |
| BloFin PONS-USDT | +0.0634% | 4h | 0.6147 | +0.129% | $1.8M | $999K | 20x | as long as short |
| Bybit PONSUSDT | +0.0645% | 4h | 0.6135 | −0.067% | $18.5M | $30.8M | 20x | as long as short |
| Pacifica PONS | +0.0665% | 1h | 0.6133 | −0.093% | $48K | $78K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0803% | 1h | 0.6140 | +0.010% | $45K | $1.6M | 3x | as long as short |
| Hyperliquid PONS | +0.0871% | 1h | 0.6141 | +0.039% | $62.5M | $28.9M | 3x | as long as short |
| Gate PONS_USDT | +0.1510% | 4h | 0.6135 | −0.067% | $5.4M | $6.2M | 20x | as long as short |
| Phoenix PONS | +0.1608% | 1h | 0.6136 | −0.050% | $32K | $113K | 3x | as long as short |
HTX PONS-USDT
Extended PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
Phemex PONSUSDT
Lighter RH PONS
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
edgeX PONSUSDC
Binance PONSUSDT
MEXC PONS_USDT
Lighter PONS
BingX PONS-USDT
BloFin PONS-USDT
Bybit PONSUSDT
Pacifica PONS
Polymarket Perps PONS-USD
Hyperliquid PONS
Gate PONS_USDT
Phoenix PONS