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

PONS

all PONS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.067%
Price spread now: ApeX Omni against Nado−0.239%7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2232.230% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.170%−$17 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.239%, 7d avg +0.103%
Together, before fees+0.067%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.342% cheaper against Nado than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of +0.103%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado PONS-PERP0.59160.0100pay 0.0012% / 1h45m 04s$69K$131K5x
ShortApeX Omni PONSUSDT0.59020.0100get 0.0013% / 1h45m 04s$29K$320K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$0
Price spread: −0.239% → +0.103%
−$34.2
Slippage, 4 orders
−$213.01
Fee Nado: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$257.21
Costs to cover
2.230%
Break-even
26425251188694452.0 days
Slippage from Nado: live order book, 53 min ago; ApeX Omni: live order book, 62 min ago.

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, 53 min ago16.44 bp50.5 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 62 min ago32.31 bp71.0 bp −$71150.3 bp −$1,503doesn't fitdoesn't fit

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 +0.0033% / S −0.0032%1h0.5916−0.005%$235K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969+0.902%$614$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.5928+0.199%$407K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.5914−0.036%$21K$420K20xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5926+0.158%$2K$3K10xas long as short
Nado PONS-PERPlong+0.0100%1h0.5916long leg$69K$131K5x
ApeX Omni PONSUSDTshort+0.0100%1h0.5902−0.239%$29K$320K5x
SunX PONS-USDT+0.0100%4h0.5911−0.087%$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5928+0.209%$26K$586K3xas long as short
HTX PONS-USDT+0.0100%4h0.5923+0.119%$64K$525K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.5925+0.150%$1.6M$3.2M20xas long as short
Aevo PONS-PERP+0.0216%1h0.5923+0.116%$3693xas long as short
Gate PONS_USDT+0.0280%4h0.5925+0.150%$5.3M$6.3M20xas long as short
Hyperliquid PONS+0.0308%1h0.5933+0.285%$60.2M$29.6M3xas long as short
OKX PONS-USDT-SWAP+0.0422%4h0.5929+0.217%$13.4M$56.0M20xas long as short
Aster PONSUSDT+0.0463%4h0.5921+0.078%$1.1M$2.2M20xas long as short
Polymarket Perps PONS-USD+0.0466%1h0.5923+0.117%$91K$1.9M3xas long as short
Extended PONS-USD+0.0544%1h0.5926+0.173%$101K$811K5xas long as short
Binance PONSUSDT+0.0547%4h0.5932+0.268%$37.3M$98.6M20xas long as short
MEXC PONS_USDT+0.0552%4h0.5932+0.268%$7.6M$4.7M20xas long as short
Pacifica PONS+0.0556%1h0.5909−0.118%$45K$68K3xas long as short
edgeX PONSUSDC+0.0571%4h0.5908−0.136%$20K$296K10xas long as short
Variational Omni PONS+0.0631%4h0.5904−0.198%$1.4M$4.1Mas long as short
KuCoin PONSUSDTM+0.0650%4h0.5928+0.200%$1.6M$3.8M20xas long as short
Bitget PONSUSDT+0.0662%4h0.5936+0.335%$4.7M$12.2M20xas long as short
BloFin PONS-USDT+0.0787%4h0.5921+0.082%$1.7M$958K20xas long as short
BingX PONS-USDT+0.0806%4h0.5929+0.217%$3.0Mas long as short
Bybit PONSUSDT+0.0806%4h0.5928+0.200%$17.6M$31.5M20xas long as short
Lighter PONS+0.0816%1h0.5928+0.193%$1.6M$828K3xas long as short
Phoenix PONS+0.1472%1h0.5910−0.109%$45K$127K3xas long as short