Funding you earn now, next payment 00:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.092%
Price spread now: Extended against SoDEX−0.035%7-day average −0.023% · 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−$179as in the Price arb table
costs, in and out, $10k−$1781.779% of the position
Funding, last 3 days (all we have)+0.296%+$30 on $10k
+Price spread, last 3 days (all we have)−0.233%−$23 · spread now −0.035%, 7d avg −0.023%
=Together, before fees+0.062%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, 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 | SoDEX PONS-USD | 0.6117 | 0.0100 | pay 0.0013% / 1h | 18m 31s | $28K | $545K | 3x |
| Short | Extended PONS-USD | 0.6115 | 0.0320 | get 0.0040% / 1h | 18m 31s | $253K | $682K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SoDEX. 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
- $46.2
- Price spread: −0.035% → −0.023%
- −$1.23
- Slippage, 4 orders
- −$164.93
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$132.96
- Costs to cover
- 1.779%
- Break-even
- 27.1 days
Slippage from SoDEX: live order book, 60 min ago; Extended: live order book, 59 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 SoDEX live order book, 60 min ago | 1.67 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 59 min ago | 11.94 bp | 26.3 bp −$26 | 183.1 bp −$1,831 | 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 | −2.411% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0033% | 1h | 0.6111 | −0.099% | $242K | — | 150x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6115 | −0.033% | $427K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6124 | +0.114% | $20K | $432K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6119 | +0.033% | $88K | $107K | 5x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6117 | 0.000% | $18.4M | $31.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6119 | +0.033% | $13.9M | $58.0M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6129 | +0.191% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6131 | +0.237% | $34K | $360K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6125 | +0.132% | $2K | $3K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.6122 | +0.080% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USDlong | +0.0100% | 1h | 0.6117 | long leg | $28K | $545K | 3x | |
| HTX PONS-USDT | +0.0100% | 4h | 0.6130 | +0.213% | $65K | $510K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6117 | 0.000% | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0128% | 4h | 0.6114 | −0.049% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0156% | 4h | 0.6121 | +0.065% | $4.7M | $11.7M | 20x | as long as short |
| Aevo PONS-PERP | +0.0160% | 1h | 0.6122 | +0.082% | $381 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0164% | 4h | 0.6119 | +0.031% | $1.1M | $2.2M | 20x | as long as short |
| BingX PONS-USDT | +0.0306% | 4h | 0.6123 | +0.098% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0309% | 4h | 0.6115 | −0.035% | $21K | $293K | 10x | as long as short |
| Binance PONSUSDT | +0.0312% | 4h | 0.6121 | +0.060% | $40.1M | $98.4M | 20x | as long as short |
| MEXC PONS_USDT | +0.0318% | 4h | 0.6115 | −0.033% | $8.0M | $4.9M | 20x | as long as short |
| Extended PONS-USDshort | +0.0320% | 1h | 0.6115 | −0.035% | $253K | $682K | 5x | |
| Lighter PONS | +0.0344% | 1h | 0.6114 | −0.049% | $1.7M | $923K | 3x | as long as short |
| BloFin PONS-USDT | +0.0559% | 4h | 0.6116 | −0.016% | $1.8M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0646% | 1h | 0.6120 | +0.043% | $42K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0857% | 1h | 0.6113 | −0.060% | $62.3M | $30.0M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6114 | −0.045% | $48K | $96K | 3x | as long as short |
| Phoenix PONS | +0.1307% | 1h | 0.6133 | +0.255% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.2474% | 4h | 0.6111 | −0.098% | $5.3M | $6.3M | 20x | as long as short |
SoDEX PONS-USD
Extended PONS-USD
Injective PONS/USDC PERP
gTrade (Gains Network) PONS/USD
Lighter RH PONS
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
HTX PONS-USDT
Phemex PONSUSDT
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
Binance PONSUSDT
MEXC PONS_USDT
Lighter PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Hyperliquid PONS
Pacifica PONS
Phoenix PONS
Gate PONS_USDT