Funding you earn now, next payment 05:00 UTC−0.0245%/8h= −26.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.138%
Price spread now: Aevo against Hyperliquid−0.005%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PONS | 0.5911 | 0.0477 | pay 0.0060% / 1h | 8m 16s | $60.4M | $28.0M | 3x |
| Short | Aevo PONS-PERP | 0.5911 | 0.0232 | get 0.0029% / 1h | 8m 16s | $368 | — | 3x |
Hyperliquid PONS
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Hyperliquid. 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
- −$51.44
- Price spread: −0.005% → 0.000%
- −$0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$76.95
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 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 Hyperliquid live order book, 5 min ago | 0.17 bp | 13.1 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0032% | 1h | 0.5904 | −0.123% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.985% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5906 | −0.090% | $416K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5910 | −0.022% | $21K | $417K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5908 | −0.056% | $69K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5935 | +0.398% | $34K | $339K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5920 | +0.144% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5914 | +0.047% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5913 | +0.032% | $25K | $541K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5931 | +0.338% | $64K | $513K | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Nado PONS-PERP
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.5910 | −0.022% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0232% | 1h | 0.5911 | −0.005% | $368 | — | 3x | |
| Gate PONS_USDT | +0.0278% | 4h | 0.5910 | −0.022% | $5.2M | $6.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0349% | 4h | 0.5913 | +0.029% | $13.4M | $54.2M | 20x | as long as short |
| Lighter PONS | +0.0440% | 1h | 0.5910 | −0.024% | $1.6M | $895K | 3x | as long as short |
| Variational Omni PONS | +0.0440% | 4h | 0.5911 | +0.002% | $1.4M | $4.0M | — | as long as short |
| Hyperliquid PONSlong | +0.0477% | 1h | 0.5911 | long leg | $60.4M | $28.0M | 3x | |
| Aster PONSUSDT | +0.0503% | 4h | 0.5911 | −0.003% | $1.1M | $2.2M | 20x | as long as short |
| Bitget PONSUSDT | +0.0536% | 4h | 0.5915 | +0.064% | $4.6M | $11.6M | 20x | as long as short |
| MEXC PONS_USDT | +0.0604% | 4h | 0.5910 | −0.022% | $7.6M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0604% | 4h | 0.5914 | +0.046% | $38.7M | $94.3M | 20x | as long as short |
| Extended PONS-USD | +0.0608% | 1h | 0.5911 | +0.002% | $106K | $807K | 5x | as long as short |
| edgeX PONSUSDC | +0.0610% | 4h | 0.5945 | +0.567% | $18K | $292K | 10x | as long as short |
| BingX PONS-USDT | +0.0716% | 4h | 0.5915 | +0.063% | — | $3.0M | — | as long as short |
| Polymarket Perps PONS-USD | +0.0737% | 1h | 0.5909 | −0.036% | $80K | $1.7M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0748% | 4h | 0.5910 | −0.019% | $1.6M | $3.8M | 20x | as long as short |
| Bybit PONSUSDT | +0.0844% | 4h | 0.5909 | −0.039% | $17.5M | $30.7M | 20x | as long as short |
| BloFin PONS-USDT | +0.0844% | 4h | 0.5913 | +0.029% | $1.7M | $941K | 20x | as long as short |
| Pacifica PONS | +0.1081% | 1h | 0.5910 | −0.015% | $46K | $68K | 3x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.5945 | +0.575% | $45K | $109K | 3x | as long as short |
Phemex PONSUSDT
Gate PONS_USDT
OKX PONS-USDT-SWAP
Lighter PONS
Variational Omni PONS
Aster PONSUSDT
Bitget PONSUSDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
edgeX PONSUSDC
BingX PONS-USDT
Polymarket Perps PONS-USD
KuCoin PONSUSDTM
Bybit PONSUSDT
BloFin PONS-USDT
Pacifica PONS
Phoenix PONS