Funding you earn now, next payment 23:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.123%
Price spread now: Variational Omni against Lighter RH−0.021%7-day average −0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.297%−$30 on $10k
+Price spread, last 7 days+0.090%+$9 · spread now −0.021%, 7d avg −0.039%
=Together, before fees−0.207%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$6 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 | 0.5985 | 0.0304 | pay 0.0038% / 1h | 14m 53s | $422K | $2.7M | 3x |
| Short | Variational Omni PONS | 0.5983 | 0.0100 | get 0.0050% / 4h | 1h 14m | $1.4M | $4.3M | — |
Lighter RH PONS
Variational Omni PONSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$42.84
- Price spread: −0.021% → −0.039%
- $1.84
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$41
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 3 min ago; Variational Omni: RFQ quote, 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 Lighter RH live order book, 3 min ago | 3.51 bp | 9.9 bp −$10 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.18 bp | doesn't fit | 37.6 bp −$376 | 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 −0.0036% | 1h | 0.5975 | −0.162% | $224K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.251% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5983 | −0.025% | $20K | $439K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5983 | −0.025% | $17.9M | $31.6M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5983 | −0.025% | $13.5M | $56.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5984 | −0.012% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.5989 | +0.082% | $4.6M | $11.6M | 20x | as long as short |
| Variational Omni PONSshort | +0.0100% | 4h | 0.5983 | −0.021% | $1.4M | $4.3M | — | |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5997 | +0.201% | $35K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5986 | +0.027% | $3K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
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 | 0.5985 | 0.000% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5983 | −0.020% | $27K | $545K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5987 | +0.033% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5980 | −0.075% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5982 | −0.042% | $373 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0133% | 4h | 0.5982 | −0.036% | $1.1M | $2.2M | 20x | as long as short |
| Extended PONS-USD | +0.0184% | 1h | 0.5986 | +0.021% | $248K | $667K | 5x | as long as short |
| MEXC PONS_USDT | +0.0184% | 4h | 0.5986 | +0.025% | $7.8M | $4.9M | 20x | as long as short |
| Binance PONSUSDT | +0.0185% | 4h | 0.5988 | +0.060% | $39.0M | $97.7M | 20x | as long as short |
| BingX PONS-USDT | +0.0186% | 4h | 0.5983 | −0.025% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0198% | 4h | 0.5990 | +0.092% | $21K | $294K | 10x | as long as short |
| Nado PONS-PERP | +0.0219% | 1h | 0.5980 | −0.074% | $90K | $103K | 5x | as long as short |
| Lighter RH PONSlong | +0.0304% | 1h | 0.5985 | long leg | $422K | $2.7M | 3x | |
| BloFin PONS-USDT | +0.0425% | 4h | 0.5988 | +0.058% | $1.7M | $981K | 20x | as long as short |
| Pacifica PONS | +0.0451% | 1h | 0.5979 | −0.085% | $47K | $96K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0486% | 1h | 0.5983 | −0.032% | $37K | $1.7M | 3x | as long as short |
| Lighter PONS | +0.0640% | 1h | 0.5985 | +0.003% | $1.7M | $999K | 3x | as long as short |
| Hyperliquid PONS | +0.0686% | 1h | 0.5988 | +0.060% | $60.5M | $30.2M | 3x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5990 | +0.090% | $30K | $96K | 3x | as long as short |
| Gate PONS_USDT | +0.1410% | 4h | 0.5983 | −0.025% | $5.2M | $6.5M | 20x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Aster PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
Nado PONS-PERP
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Lighter PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT