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

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0268%/8hpaid last 24h +0.020%
Price spread now: Gate against Nado0.000%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado PONS-PERP0.58990.0100pay 0.0012% / 1h6m 45s$73K$95K5x
ShortGate PONS_USDT0.5899−0.0168pay 0.0084% / 4h6m 45s$5.2M$7.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$56.28
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Nado: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$71.28
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Nado: no order-book sample; Gate: live order book, 1 min ago. 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 no order-book sample
Sell Gate live order book, 1 min ago2.54 bp24.2 bp −$2465.8 bp −$658doesn't fitdoesn't fit
Nado: 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
Gate PONS_USDTshort−0.0168%4h0.58990.000%$5.2M$7.2M20x
Injective PONS/USDC PERP−0.0008%1h0.5863−0.612%$603$6K5.5xas long as short
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0032%1h0.5894−0.091%$212K150xas long as short
Popdex PONSUSDT+0.0096%1h0.5896−0.051%$21K$494K20xas long as short
Nado PONS-PERPlong+0.0100%1h0.5899long leg$73K$95K5x
Hyperliquid PONS+0.0100%1h0.5897−0.032%$58.4M$29.9M3xas long as short
Bybit PONSUSDT+0.0100%4h0.5894−0.085%$17.6M$31.5M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.5893−0.102%$13.2M$56.0M20xas long as short
KuCoin PONSUSDTM+0.0100%4h0.5902+0.056%$1.8M$3.6M20xas long as short
Bitget PONSUSDT+0.0100%4h0.5898−0.024%$4.6M$11.5M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PONS+0.0100%4h0.5879−0.331%$1.2M$4.2Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5898−0.020%$34K$315K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5906+0.110%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.5901+0.041%$1.4M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5898−0.017%$27K$533K3xas long as short
HTX PONS-USDT+0.0100%4h0.5912+0.225%$63K$504K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5895−0.068%$1.7M$3.3M20xas long as short
Aevo PONS-PERP+0.0128%1h0.5894−0.083%$3673xas long as short
Pacifica PONS+0.0150%1h0.5897−0.029%$47K$111K3xas long as short
Lighter RH PONS+0.0192%1h0.5900+0.017%$397K$2.5M3xas long as short
Extended PONS-USD+0.0192%1h0.5897−0.031%$88K$537K5xas long as short
MEXC PONS_USDT+0.0194%4h0.5897−0.034%$7.3M$5.3M20xas long as short
BingX PONS-USDT+0.0194%4h0.5897−0.034%$3.2Mas long as short
Binance PONSUSDT+0.0195%4h0.5897−0.034%$38.3M$99.3M20xas long as short
edgeX PONSUSDC+0.0196%4h0.5898−0.021%$21K$292K10xas long as short
Aster PONSUSDT+0.0204%4h0.5899+0.007%$1.1M$2.1M20xas long as short
Polymarket Perps PONS-USD+0.0259%1h0.5898−0.015%$55K$1.8M3xas long as short
BloFin PONS-USDT+0.0435%4h0.5904+0.085%$1.7M$979K20xas long as short
Lighter PONS+0.0904%1h0.5905+0.095%$1.7M$875K3xas long as short
Phoenix PONS+0.1244%1h0.5898−0.014%$27K$80K3xas long as short