Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.8% APRnext payment $0.01 per $10,000 · paid last 24h −0.055%
Price spread now: Aevo against Nado−0.026%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.026% cheaper against Nado than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado PONS-PERP0.58700.0128pay 0.0016% / 1h4m 53s$89K$103K5x
ShortAevo PONS-PERP0.58680.0120get 0.0015% / 1h4m 53s$3663x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.59
Price spread: −0.026% → 0.000%
−$2.56
Slippage, 4 orders
no order book: not counted
Fee Nado: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$20.14
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 9 min ago16.14 bp50.1 bp −$50doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0034%1h0.5861−0.147%$215K150xas long as short
Injective PONS/USDC PERP+0.0066%1h0.5920+0.845%$609$6K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.5869−0.017%$21K$442K20xas long as short
Bybit PONSUSDT+0.0100%4h0.5864−0.102%$17.5M$31.9M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.5866−0.068%$13.3M$55.8M20xas long as short
KuCoin PONSUSDTM+0.0100%4h0.5865−0.092%$1.7M$3.7M20xas long as short
Bitget PONSUSDT+0.0100%4h0.5868−0.041%$4.6M$11.7M20xas long as short
Variational Omni PONS+0.0100%4h0.5857−0.217%$1.3M$4.3Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5874+0.068%$34K$338K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5875+0.078%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDT+0.0100%4h0.5871+0.014%$1.4M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5865−0.082%$27K$548K3xas long as short
HTX PONS-USDT+0.0100%4h0.5875+0.078%$63K$505K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5865−0.085%$1.6M$3.3M20xas long as short
Aevo PONS-PERPshort+0.0120%1h0.5868−0.026%$3663x
Nado PONS-PERPlong+0.0128%1h0.5870long leg$89K$103K5x
Aster PONSUSDT+0.0149%4h0.5862−0.134%$1.1M$2.2M20xas long as short
Binance PONSUSDT+0.0164%4h0.5870−0.005%$38.1M$98.3M20xas long as short
MEXC PONS_USDT+0.0166%4h0.5869−0.017%$7.5M$5.2M20xas long as short
Extended PONS-USD+0.0168%1h0.5868−0.035%$105K$533K5xas long as short
BingX PONS-USDT+0.0172%4h0.5867−0.051%$3.1Mas long as short
edgeX PONSUSDC+0.0173%4h0.5886+0.280%$21K$292K10xas long as short
Polymarket Perps PONS-USD+0.0373%1h0.5869−0.024%$37K$1.8M3xas long as short
BloFin PONS-USDT+0.0404%4h0.5863−0.119%$1.7M$960K20xas long as short
Pacifica PONS+0.0474%1h0.5866−0.061%$47K$103K3xas long as short
Lighter RH PONS+0.0480%1h0.5867−0.053%$415K$2.6M3xas long as short
Hyperliquid PONS+0.0519%1h0.5872+0.029%$58.9M$30.0M3xas long as short
Gate PONS_USDT+0.0706%4h0.5863−0.119%$5.1M$6.8M20xas long as short
Lighter PONS+0.0944%1h0.5872+0.029%$1.7M$900K3xas long as short
Phoenix PONS+0.1275%1h0.5870+0.003%$30K$86K3xas long as short