Funding you earn now, next payment 03:00 UTC+0.0205%/8h= +22.5% APRpaid last 24h +0.019%
Price spread now: Bitget against Nado+0.041%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
Funding, last 3 days (all we have)+0.226%+$23 on $10k
+Price spread, last 4 days (all we have)−0.330%−$33 · spread now +0.041%, 7d avg +0.031%
=Together, before fees−0.104%+ Points / potential airdropNado: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, 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 | Nado PONS-PERP | 0.5957 | 0.0185 | pay 0.0023% / 1h | 33m 25s | $70K | $129K | 5x |
| Short | Bitget PONSUSDT | 0.5959 | 0.0390 | get 0.0195% / 4h | 1h 33m | $4.6M | $11.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Nado. 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
- $43.09
- Price spread: +0.041% → +0.031%
- $0.95
- Slippage, 4 orders
- −$125.57
- Fee Nado: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$93.52
- Costs to cover
- 1.376%
- Break-even
- 22.2 days
Slippage from Nado: live order book, 20 min ago; Bitget: live order book, 5 min ago.
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 Nado live order book, 20 min ago | 17.50 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.85 bp | 17.7 bp −$18 | doesn't fit | 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 −0.0033% | 1h | 0.5945 | −0.198% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.209% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5957 | −0.001% | $21K | $424K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5958 | +0.009% | $33K | $352K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5961 | +0.061% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5948 | −0.151% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5946 | −0.179% | $26K | $519K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5957 | 0.000% | $64K | $508K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5953 | −0.068% | $1.6M | $3.2M | 20x | as long as short |
| Variational Omni PONS | +0.0142% | 4h | 0.5965 | +0.139% | $1.4M | $3.9M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0144% | 1h | 0.5950 | −0.120% | $418K | $2.5M | 3x | as long as short |
| Nado PONS-PERPlong | +0.0185% | 1h | 0.5957 | long leg | $70K | $129K | 5x | |
| Lighter PONS | +0.0192% | 1h | 0.5951 | −0.107% | $1.6M | $875K | 3x | as long as short |
| Aevo PONS-PERP | +0.0200% | 1h | 0.5953 | −0.071% | $371 | — | 3x | as long as short |
| Gate PONS_USDT | +0.0234% | 4h | 0.5959 | +0.032% | $5.2M | $6.2M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0283% | 4h | 0.5953 | −0.068% | $13.6M | $53.9M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0374% | 4h | 0.5959 | +0.029% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDTshort | +0.0390% | 4h | 0.5959 | +0.041% | $4.6M | $11.3M | 20x | |
| Aster PONSUSDT | +0.0397% | 4h | 0.5949 | −0.136% | $1.1M | $2.1M | 20x | as long as short |
| Binance PONSUSDT | +0.0467% | 4h | 0.5958 | +0.008% | $39.0M | $93.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0470% | 4h | 0.5958 | +0.016% | — | $3.0M | — | as long as short |
| Extended PONS-USD | +0.0472% | 1h | 0.5952 | −0.090% | $246K | $670K | 5x | as long as short |
| MEXC PONS_USDT | +0.0472% | 4h | 0.5957 | −0.001% | $7.6M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0475% | 4h | 0.5954 | −0.058% | $18K | $293K | 10x | as long as short |
| Bybit PONSUSDT | +0.0503% | 4h | 0.5956 | −0.018% | $17.8M | $30.3M | 20x | as long as short |
| Hyperliquid PONS | +0.0681% | 1h | 0.5959 | +0.037% | $60.7M | $27.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0713% | 4h | 0.5957 | −0.001% | $1.7M | $948K | 20x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.5951 | −0.099% | $47K | $72K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0797% | 1h | 0.5957 | +0.004% | $48K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.5952 | −0.085% | $31K | $98K | 3x | as long as short |
Bitget PONSUSDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Variational Omni PONS
Lighter RH PONS
Lighter PONS
Gate PONS_USDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Aster PONSUSDT
Binance PONSUSDT
BingX PONS-USDT
Extended PONS-USD
MEXC PONS_USDT
edgeX PONSUSDC
Bybit PONSUSDT
Hyperliquid PONS
BloFin PONS-USDT
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS