Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Injective+0.452%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.452% dearer against Injective than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PONS/USDC PERP | 0.5969 | 0.0033 | pay 0.0004% / 1h | 13m 06s | $614 | $10K | 5.5x |
| Short | ApeX Omni PONSUSDT | 0.5997 | 0.0100 | get 0.0013% / 1h | 13m 06s | $35K | $351K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $14
- Price spread: +0.452% → 0.000%
- $45.23
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $49.21
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 4 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 4 min ago | 28.62 bp | 46.6 bp −$47 | 121.3 bp −$1,213 | doesn't fit | doesn't fit |
Injective: 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 −0.0036% | 1h | 0.5974 | +0.072% | $224K | — | 150x | as long as short |
| Injective PONS/USDC PERPlong | +0.0033% | 1h | 0.5969 | long leg | $614 | $10K | 5.5x | |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5983 | +0.226% | $21K | $439K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5984 | +0.243% | $17.9M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5984 | +0.243% | $13.5M | $56.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5984 | +0.238% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5987 | +0.300% | $4.6M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5983 | +0.230% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDTshort | +0.0100% | 1h | 0.5997 | +0.452% | $35K | $351K | 5x | |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5988 | +0.307% | $3K | $3K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5983 | +0.233% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5982 | +0.209% | $27K | $545K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5992 | +0.377% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5982 | +0.209% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5983 | +0.226% | $373 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0131% | 4h | 0.5981 | +0.194% | $1.1M | $2.2M | 20x | as long as short |
| MEXC PONS_USDT | +0.0178% | 4h | 0.5980 | +0.176% | $7.7M | $4.9M | 20x | as long as short |
| Binance PONSUSDT | +0.0183% | 4h | 0.5985 | +0.256% | $38.9M | $97.7M | 20x | as long as short |
| Extended PONS-USD | +0.0184% | 1h | 0.5980 | +0.173% | $248K | $667K | 5x | as long as short |
| BingX PONS-USDT | +0.0186% | 4h | 0.5981 | +0.193% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0198% | 4h | 0.5990 | +0.343% | $21K | $294K | 10x | as long as short |
| Nado PONS-PERP | +0.0217% | 1h | 0.5981 | +0.192% | $90K | $103K | 5x | as long as short |
| Lighter RH PONS | +0.0280% | 1h | 0.5984 | +0.250% | $422K | $2.7M | 3x | as long as short |
| BloFin PONS-USDT | +0.0423% | 4h | 0.5988 | +0.310% | $1.7M | $981K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5985 | +0.264% | $47K | $96K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0483% | 1h | 0.5983 | +0.221% | $37K | $1.7M | 3x | as long as short |
| Lighter PONS | +0.0640% | 1h | 0.5985 | +0.266% | $1.7M | $1.0M | 3x | as long as short |
| Hyperliquid PONS | +0.0686% | 1h | 0.5988 | +0.317% | $60.6M | $30.2M | 3x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5990 | +0.342% | $30K | $96K | 3x | as long as short |
| Gate PONS_USDT | +0.1450% | 4h | 0.5981 | +0.193% | $5.2M | $6.5M | 20x | as long as short |
Injective PONS/USDC PERP
ApeX Omni PONSUSDT
gTrade (Gains Network) PONS/USD
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aster PONSUSDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
BingX PONS-USDT
edgeX PONSUSDC
Lighter RH PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Lighter PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT