Funding you earn now, next payment 09:00 UTC+0.0242%/8h= +26.5% APRpaid last 24h +0.072%
Price spread now: Extended against OKX+0.022%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.022%, 7d avg +0.004%
=Together, before fees+0.232%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PONS-USDT-SWAP | 0.6219 | 0.0398 | pay 0.0199% / 4h | 3h 35m | $14.3M | $61.0M | 20x |
| Short | Extended PONS-USD | 0.6220 | 0.0640 | get 0.0080% / 1h | 35m 41s | $105K | $828K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $50.8
- Price spread: +0.022% → +0.004%
- $1.75
- Slippage, 4 orders
- −$64.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$26.87
- Costs to cover
- 0.794%
- Break-even
- 10.7 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 62 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 OKX live order book, 3 min ago | 0.80 bp | 13.4 bp −$13 | 29.7 bp −$297 | doesn't fit | doesn't fit |
| Sell Extended live order book, 62 min ago | 10.96 bp | 26.3 bp −$26 | 219.6 bp −$2,196 | 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 +0.0032% / S −0.0030% | 1h | 0.6221 | +0.030% | $243K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5938 | −4.510% | $610 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6234 | +0.241% | $23K | $437K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6236 | +0.271% | $73K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6210 | −0.151% | $31K | $291K | 5x | as long as short |
| Polymarket Perps PONS-USD | +0.0100% | 1h | 0.6227 | +0.132% | $73K | $2.2M | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6243 | +0.379% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6231 | +0.201% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6232 | +0.217% | $26K | $619K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6250 | +0.503% | $66K | $528K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.6229 | +0.161% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0240% | 1h | 0.6230 | +0.169% | $388 | — | 3x | as long as short |
| Hyperliquid PONS | +0.0319% | 1h | 0.6220 | +0.010% | $63.7M | $30.6M | 3x | as long as short |
| Lighter RH PONS | +0.0376% | 1h | 0.6227 | +0.129% | $421K | $2.7M | 3x | as long as short |
| OKX PONS-USDT-SWAPlong | +0.0398% | 4h | 0.6219 | long leg | $14.3M | $61.0M | 20x | |
| Aster PONSUSDT | +0.0442% | 4h | 0.6227 | +0.133% | $1.1M | $2.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0468% | 4h | 0.6222 | +0.048% | $1.6M | $4.0M | 20x | as long as short |
| Variational Omni PONS | +0.0577% | 4h | 0.6231 | +0.201% | $1.6M | $4.4M | — | as long as short |
| edgeX PONSUSDC | +0.0630% | 4h | 0.6218 | −0.009% | $20K | $291K | 10x | as long as short |
| Extended PONS-USDshort | +0.0640% | 1h | 0.6220 | +0.022% | $105K | $828K | 5x | |
| MEXC PONS_USDT | +0.0642% | 4h | 0.6221 | +0.032% | $8.0M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0646% | 4h | 0.6221 | +0.033% | $40.7M | $104.2M | 20x | as long as short |
| Lighter PONS | +0.0672% | 1h | 0.6225 | +0.096% | $1.7M | $868K | 3x | as long as short |
| Bitget PONSUSDT | +0.0718% | 4h | 0.6225 | +0.100% | $5.0M | $13.2M | 20x | as long as short |
| Pacifica PONS | +0.0853% | 1h | 0.6219 | −0.006% | $47K | $77K | 3x | as long as short |
| BloFin PONS-USDT | +0.0875% | 4h | 0.6239 | +0.322% | $1.8M | $1.1M | 20x | as long as short |
| Gate PONS_USDT | +0.0952% | 4h | 0.6218 | −0.016% | $5.4M | $6.3M | 20x | as long as short |
| BingX PONS-USDT | +0.1064% | 4h | 0.6220 | +0.016% | — | $3.2M | — | as long as short |
| Bybit PONSUSDT | +0.1211% | 4h | 0.6219 | 0.000% | $18.8M | $33.1M | 20x | as long as short |
| Phoenix PONS | +0.1714% | 1h | 0.6208 | −0.170% | $47K | $159K | 3x | as long as short |
OKX PONS-USDT-SWAP
Extended PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
Polymarket Perps PONS-USD
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Hyperliquid PONS
Lighter RH PONS
Aster PONSUSDT
KuCoin PONSUSDTM
Variational Omni PONS
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Lighter PONS
Bitget PONSUSDT
Pacifica PONS
BloFin PONS-USDT
Gate PONS_USDT
BingX PONS-USDT
Bybit PONSUSDT
Phoenix PONS