Funding you earn now, next payment 04:00 UTC−0.0320%/8h= −35.0% APRnext payment −$0.40 per $10,000 · paid last 24h −0.126%
Price spread now: Aevo against Lighter RH+0.002%7-day average — · you sell dearer than you buy
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 airdropLighter RH: Points live · 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: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH PONS | 0.6078 | 0.0552 | pay 0.0069% / 1h | 17m 08s | $415K | $2.5M | 3x |
| Short | Aevo PONS-PERP | 0.6079 | 0.0232 | get 0.0029% / 1h | 17m 08s | $379 | — | 3x |
Lighter RH PONS
Aevo PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter RH. 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
- −$67.2
- Price spread: +0.002% → 0.000%
- $0.2
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$83
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 1 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 Lighter RH live order book, 1 min ago | 3.05 bp | 8.8 bp −$9 | 35.5 bp −$355 | 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 | 0.6064 | −0.229% | $241K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.792% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6077 | −0.023% | $21K | $435K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6054 | −0.406% | $35K | $348K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6081 | +0.044% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6078 | −0.015% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6078 | −0.008% | $26K | $534K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6078 | −0.007% | $66K | $512K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6067 | −0.188% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0232% | 1h | 0.6079 | +0.002% | $379 | — | 3x |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PONS | +0.0241% | 4h | 0.6050 | −0.461% | $1.4M | $4.0M | — | as long as short |
| Nado PONS-PERP | +0.0298% | 1h | 0.6076 | −0.046% | $71K | $129K | 5x | as long as short |
| OKX PONS-USDT-SWAP | +0.0334% | 4h | 0.6074 | −0.072% | $13.8M | $55.9M | 20x | as long as short |
| Gate PONS_USDT | +0.0352% | 4h | 0.6073 | −0.089% | $5.3M | $6.3M | 20x | as long as short |
| Lighter PONS | +0.0424% | 1h | 0.6078 | −0.015% | $1.7M | $885K | 3x | as long as short |
| Bitget PONSUSDT | +0.0480% | 4h | 0.6080 | +0.030% | $4.7M | $11.5M | 20x | as long as short |
| Aster PONSUSDT | +0.0482% | 4h | 0.6076 | −0.036% | $1.1M | $2.1M | 20x | as long as short |
| Bybit PONSUSDT | +0.0486% | 4h | 0.6077 | −0.023% | $18.1M | $30.8M | 20x | as long as short |
| Lighter RH PONSlong | +0.0552% | 1h | 0.6078 | long leg | $415K | $2.5M | 3x | |
| BingX PONS-USDT | +0.0578% | 4h | 0.6079 | +0.010% | — | $3.0M | — | as long as short |
| Binance PONSUSDT | +0.0607% | 4h | 0.6078 | −0.007% | $39.7M | $95.3M | 20x | as long as short |
| Extended PONS-USD | +0.0608% | 1h | 0.6074 | −0.066% | $108K | $813K | 5x | as long as short |
| MEXC PONS_USDT | +0.0608% | 4h | 0.6079 | +0.010% | $7.8M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0613% | 4h | 0.6064 | −0.242% | $18K | $293K | 10x | as long as short |
| KuCoin PONSUSDTM | +0.0672% | 4h | 0.6077 | −0.028% | $1.7M | $3.8M | 20x | as long as short |
| Hyperliquid PONS | +0.0813% | 1h | 0.6080 | +0.020% | $62.1M | $28.3M | 3x | as long as short |
| BloFin PONS-USDT | +0.0847% | 4h | 0.6080 | +0.026% | $1.7M | $965K | 20x | as long as short |
| Pacifica PONS | +0.0859% | 1h | 0.6074 | −0.074% | $48K | $67K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0893% | 1h | 0.6076 | −0.043% | $73K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1736% | 1h | 0.6074 | −0.071% | $31K | $104K | 3x | as long as short |
Variational Omni PONS
Nado PONS-PERP
OKX PONS-USDT-SWAP
Gate PONS_USDT
Lighter PONS
Bitget PONSUSDT
Aster PONSUSDT
Bybit PONSUSDT
BingX PONS-USDT
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
edgeX PONSUSDC
KuCoin PONSUSDTM
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS