Funding you earn now, next payment 00:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h +0.076%
Price spread now: OKX against Injective+2.655%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 +$4 a day on $10k at the current rate, and OKX is 2.655% dearer against Injective than usual: you sell high and buy low: +$266 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 | −0.0047 | get 0.0006% / 1h | 21m 05s | $614 | $10K | 5.5x |
| Short | OKX PONS-USDT-SWAP | 0.6128 | 0.0100 | get 0.0050% / 4h | 21m 05s | $14.0M | $58.2M | 20x |
Injective PONS/USDC PERP
OKX PONS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $30.9
- Price spread: +2.655% → 0.000%
- $265.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $286.4
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.82 bp | 12.9 bp −$13 | 32.9 bp −$329 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERPlong | −0.0047% | 1h | 0.5969 | long leg | $614 | $10K | 5.5x | |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0033% | 1h | 0.6121 | +2.537% | $242K | — | 150x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6130 | +2.687% | $428K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6131 | +2.705% | $20K | $433K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6134 | +2.756% | $88K | $107K | 5x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6128 | +2.655% | $18.4M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAPshort | +0.0100% | 4h | 0.6128 | +2.655% | $14.0M | $58.2M | 20x | |
| Variational Omni PONS | +0.0100% | 4h | 0.6129 | +2.666% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6131 | +2.714% | $34K | $360K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6136 | +2.782% | $2K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Lighter RH PONS
Popdex PONSUSDT
Nado PONS-PERP
Bybit PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.6133 | +2.744% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6127 | +2.640% | $28K | $545K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6144 | +2.918% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6128 | +2.655% | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0130% | 4h | 0.6129 | +2.674% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0158% | 4h | 0.6130 | +2.684% | $4.8M | $11.7M | 20x | as long as short |
| Aster PONSUSDT | +0.0158% | 4h | 0.6125 | +2.599% | $1.1M | $2.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0160% | 1h | 0.6132 | +2.722% | $382 | — | 3x | as long as short |
| MEXC PONS_USDT | +0.0300% | 4h | 0.6130 | +2.689% | $8.0M | $4.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0306% | 4h | 0.6128 | +2.655% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0309% | 4h | 0.6115 | +2.435% | $21K | $293K | 10x | as long as short |
| Binance PONSUSDT | +0.0319% | 4h | 0.6132 | +2.722% | $40.2M | $98.6M | 20x | as long as short |
| Extended PONS-USD | +0.0320% | 1h | 0.6130 | +2.686% | $253K | $682K | 5x | as long as short |
| Lighter PONS | +0.0336% | 1h | 0.6131 | +2.714% | $1.7M | $923K | 3x | as long as short |
| BloFin PONS-USDT | +0.0559% | 4h | 0.6135 | +2.772% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0656% | 1h | 0.6132 | +2.724% | $42K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0866% | 1h | 0.6132 | +2.715% | $62.5M | $30.0M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6129 | +2.665% | $48K | $96K | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6121 | +2.531% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.2448% | 4h | 0.6125 | +2.605% | $5.4M | $6.3M | 20x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
Aevo PONS-PERP
MEXC PONS_USDT
BingX PONS-USDT
edgeX PONSUSDC
Binance PONSUSDT
Extended PONS-USD
Lighter PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Hyperliquid PONS
Pacifica PONS
Phoenix PONS
Gate PONS_USDT