Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.067%
Price spread now: SoDEX against Nado+0.060%7-day average +0.007% · 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−$224as in the Price arb table
costs, in and out, $10k−$2302.297% of the position
Funding, last 3 days (all we have)−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now +0.060%, 7d avg +0.007%
=Together, before fees−0.046%+ Points / potential airdropNado: Active · farm board−$5 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: SoDEX is 0.053% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PONS-PERP | 0.5913 | 0.0100 | pay 0.0012% / 1h | 6m 18s | $69K | $131K | 5x |
| Short | SoDEX PONS-USD | 0.5917 | 0.0100 | get 0.0013% / 1h | 6m 18s | $26K | $585K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $0
- Price spread: +0.060% → +0.007%
- $5.29
- Slippage, 4 orders
- −$221.66
- Fee Nado: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$224.37
- Costs to cover
- 2.297%
- Break-even
- 23051536821731976.0 days
Slippage from Nado: live order book, 32 min ago; SoDEX: live order book, 42 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, 32 min ago | 16.44 bp | 50.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 42 min ago | 2.52 bp | 66.3 bp −$66 | 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 −0.0032% | 1h | 0.5906 | −0.129% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.953% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5912 | −0.021% | $402K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5913 | −0.003% | $21K | $424K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5920 | +0.124% | $2K | $3K | 10x | as long as short |
| Nado PONS-PERPlong | +0.0100% | 1h | 0.5913 | long leg | $69K | $131K | 5x | |
| Gate PONS_USDT | +0.0100% | 4h | 0.5911 | −0.036% | $5.3M | $6.4M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5905 | −0.138% | $29K | $329K | 5x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5917 | +0.062% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USDshort | +0.0100% | 1h | 0.5917 | +0.060% | $26K | $585K | 3x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | +0.0100% | 4h | 0.5901 | −0.200% | $64K | $524K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5906 | −0.121% | $1.6M | $3.2M | 20x | as long as short |
| Hyperliquid PONS | +0.0224% | 1h | 0.5916 | +0.040% | $60.1M | $29.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.5904 | −0.154% | $368 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0430% | 4h | 0.5916 | +0.048% | $13.4M | $55.8M | 20x | as long as short |
| Aster PONSUSDT | +0.0485% | 4h | 0.5911 | −0.040% | $1.1M | $2.2M | 20x | as long as short |
| Binance PONSUSDT | +0.0597% | 4h | 0.5914 | +0.012% | $37.4M | $98.3M | 20x | as long as short |
| Extended PONS-USD | +0.0600% | 1h | 0.5913 | −0.005% | $101K | $811K | 5x | as long as short |
| MEXC PONS_USDT | +0.0602% | 4h | 0.5915 | +0.031% | $7.5M | $4.8M | 20x | as long as short |
| edgeX PONSUSDC | +0.0605% | 4h | 0.5912 | −0.026% | $20K | $294K | 10x | as long as short |
| Bitget PONSUSDT | +0.0640% | 4h | 0.5918 | +0.087% | $4.7M | $12.2M | 20x | as long as short |
| Variational Omni PONS | +0.0661% | 4h | 0.5911 | −0.028% | $1.4M | $4.1M | — | as long as short |
| KuCoin PONSUSDTM | +0.0700% | 4h | 0.5914 | +0.011% | $1.6M | $3.8M | 20x | as long as short |
| Pacifica PONS | +0.0715% | 1h | 0.5913 | −0.008% | $45K | $69K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0732% | 1h | 0.5915 | +0.031% | $91K | $1.9M | 3x | as long as short |
| Lighter PONS | +0.0792% | 1h | 0.5912 | −0.013% | $1.6M | $939K | 3x | as long as short |
| BloFin PONS-USDT | +0.0843% | 4h | 0.5915 | +0.031% | $1.7M | $959K | 20x | as long as short |
| BingX PONS-USDT | +0.0926% | 4h | 0.5917 | +0.065% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0968% | 4h | 0.5915 | +0.031% | $17.6M | $31.5M | 20x | as long as short |
| Phoenix PONS | +0.1719% | 1h | 0.5911 | −0.033% | $45K | $121K | 3x | as long as short |
SoDEX PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
SunX PONS-USDT
HTX PONS-USDT
Phemex PONSUSDT
Hyperliquid PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
edgeX PONSUSDC
Bitget PONSUSDT
Variational Omni PONS
KuCoin PONSUSDTM
Pacifica PONS
Polymarket Perps PONS-USD
Lighter PONS
BloFin PONS-USDT
BingX PONS-USDT
Bybit PONSUSDT
Phoenix PONS