Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.023%
Price spread now: KuCoin against Nado−0.034%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1741.741% of the position
Funding, last 3 days (all we have)+0.091%+$9 on $10k
+Price spread, last 3 days (all we have)−0.041%−$4 · spread now −0.034%, 7d avg −0.019%
=Together, before fees+0.050%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$1 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 | 0.6123 | 0.0100 | pay 0.0012% / 1h | 41m 42s | $86K | $107K | 5x |
| Short | KuCoin PONSUSDTM | 0.6121 | 0.0124 | get 0.0062% / 4h | 41m 42s | $1.8M | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $5.04
- Price spread: −0.034% → −0.019%
- −$1.48
- Slippage, 4 orders
- −$162.06
- Fee Nado: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$170.5
- Costs to cover
- 1.741%
- Break-even
- 243.8 days
Slippage from Nado: live order book, 27 min ago; KuCoin: live order book, 6 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, 27 min ago | 17.17 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 3.51 bp | 35.3 bp −$35 | 126.3 bp −$1,263 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −0.0047% | 1h | 0.5969 | −2.515% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0034% | 1h | 0.6111 | −0.204% | $236K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6125 | +0.025% | $20K | $445K | 20x | as long as short |
| Nado PONS-PERPlong | +0.0100% | 1h | 0.6123 | long leg | $86K | $107K | 5x | |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6119 | −0.073% | $18.5M | $31.6M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6122 | −0.024% | $13.9M | $58.1M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6136 | +0.200% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6124 | +0.012% | $33K | $360K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6126 | +0.046% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6128 | +0.077% | — | $1.4M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX PONS-USD | +0.0100% | 1h | 0.6119 | −0.076% | $28K | $546K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6139 | +0.253% | $65K | $508K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6115 | −0.138% | $1.7M | $3.3M | 20x | as long as short |
| Lighter RH PONS | +0.0120% | 1h | 0.6121 | −0.042% | $429K | $2.6M | 3x | as long as short |
| KuCoin PONSUSDTMshort | +0.0124% | 4h | 0.6121 | −0.034% | $1.8M | $3.7M | 20x | |
| Bitget PONSUSDT | +0.0126% | 4h | 0.6122 | −0.016% | $4.8M | $11.7M | 20x | as long as short |
| Aevo PONS-PERP | +0.0152% | 1h | 0.6121 | −0.036% | $381 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0180% | 4h | 0.6118 | −0.086% | $1.1M | $2.2M | 20x | as long as short |
| Lighter PONS | +0.0216% | 1h | 0.6124 | +0.009% | $1.7M | $921K | 3x | as long as short |
| MEXC PONS_USDT | +0.0290% | 4h | 0.6123 | −0.008% | $8.1M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0294% | 4h | 0.6126 | +0.038% | $40.0M | $98.7M | 20x | as long as short |
| Extended PONS-USD | +0.0296% | 1h | 0.6123 | −0.014% | $253K | $682K | 5x | as long as short |
| BingX PONS-USDT | +0.0300% | 4h | 0.6120 | −0.057% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0306% | 4h | 0.6124 | +0.007% | $21K | $294K | 10x | as long as short |
| BloFin PONS-USDT | +0.0531% | 4h | 0.6119 | −0.073% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0724% | 1h | 0.6123 | −0.005% | $42K | $1.7M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6123 | −0.014% | $48K | $96K | 3x | as long as short |
| Hyperliquid PONS | +0.0964% | 1h | 0.6122 | −0.026% | $62.2M | $30.8M | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6123 | −0.006% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.2124% | 4h | 0.6116 | −0.122% | $5.4M | $6.3M | 20x | as long as short |
KuCoin PONSUSDTM
Injective PONS/USDC PERP
gTrade (Gains Network) PONS/USD
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Lighter RH PONS
Bitget PONSUSDT
Aster PONSUSDT
Lighter PONS
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
BingX PONS-USDT
edgeX PONSUSDC
BloFin PONS-USDT
Polymarket Perps PONS-USD
Pacifica PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT