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

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.029%
Price spread now: Aevo against SoDEX+0.016%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.62780.0100pay 0.0013% / 1h7m 26s$27K$596K3x
ShortAevo PONS-PERP0.62790.0232get 0.0029% / 1h7m 26s$3913x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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
$27.72
Price spread: +0.016% → 0.000%
$1.59
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
$5.31
Costs to cover
0.240%
Break-even
5.7 days
Slippage unknown: SoDEX: live order book, 39 min ago; Aevo: no order-book sample. 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 SoDEX live order book, 39 min ago0.79 bp62.2 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0029%1h0.6266−0.191%$247K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5938−5.408%$610$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6306+0.446%$22K$395K20xas long as short
Nado PONS-PERP+0.0100%1h0.6302+0.387%$77K$92K5xas long as short
Gate PONS_USDT+0.0100%4h0.6283+0.080%$5.3M$6.5M20xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6276−0.038%$31K$285K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6286+0.127%$2K$4K10xas long as short
SunX PONS-USDT+0.0100%4h0.6277−0.014%$847K10xas long as short
SoDEX PONS-USDlong+0.0100%1h0.6278long leg$27K$596K3x
HTX PONS-USDT+0.0100%4h0.6257−0.328%$64K$548K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.6279+0.016%$1.7M$3.2M20xas long as short
Hyperliquid PONS+0.0227%1h0.6301+0.360%$64.6M$29.5M3xas long as short
Aevo PONS-PERPshort+0.0232%1h0.6279+0.016%$3913x
Lighter PONS+0.0256%1h0.6291+0.205%$1.7M$858K3xas long as short
OKX PONS-USDT-SWAP+0.0281%4h0.6301+0.366%$14.0M$59.1M20xas long as short
Lighter RH PONS+0.0304%1h0.6289+0.175%$458K$2.7M3xas long as short
Aster PONSUSDT+0.0447%4h0.6298+0.326%$1.2M$2.1M20xas long as short
Polymarket Perps PONS-USD+0.0471%1h0.6304+0.413%$89K$2.0M3xas long as short
KuCoin PONSUSDTM+0.0486%4h0.6290+0.196%$1.8M$4.3M20xas long as short
Variational Omni PONS+0.0580%4h0.6259−0.304%$1.5M$3.9Mas long as short
Extended PONS-USD+0.0592%1h0.6298+0.321%$181K$854K5xas long as short
Binance PONSUSDT+0.0593%4h0.6306+0.446%$40.7M$98.3M20xas long as short
MEXC PONS_USDT+0.0594%4h0.6305+0.430%$7.7M$4.7M20xas long as short
edgeX PONSUSDC+0.0602%4h0.6277−0.014%$18K$294K10xas long as short
Pacifica PONS+0.0616%1h0.6295+0.275%$46K$73K3xas long as short
Bitget PONSUSDT+0.0716%4h0.6307+0.467%$5.0M$13.1M20xas long as short
BingX PONS-USDT+0.0722%4h0.6294+0.255%$3.1Mas long as short
Bybit PONSUSDT+0.0770%4h0.6304+0.414%$18.9M$31.6M20xas long as short
BloFin PONS-USDT+0.0835%4h0.6267−0.175%$1.8M$1.1M20xas long as short
Phoenix PONS+0.1637%1h0.6260−0.284%$48K$162K3xas long as short