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

PONS

all PONS markets
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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.61170.0100pay 0.0013% / 1h18m 31s$28K$545K3x
ShortExtended PONS-USD0.61150.0320get 0.0040% / 1h18m 31s$253K$682K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 60 min ago1.67 bp63.9 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 59 min ago11.94 bp26.3 bp −$26183.1 bp −$1,831doesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PONS/USDC PERP−0.0047%1h0.5969−2.411%$614$10K5.5xas long as short
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0033%1h0.6111−0.099%$242K150xas long as short
Lighter RH PONS+0.0096%1h0.6115−0.033%$427K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.6124+0.114%$20K$432K20xas long as short
Nado PONS-PERP+0.0100%1h0.6119+0.033%$88K$107K5xas long as short
Bybit PONSUSDT+0.0100%4h0.61170.000%$18.4M$31.5M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.6119+0.033%$13.9M$58.0M20xas long as short
Variational Omni PONS+0.0100%4h0.6129+0.191%$1.4M$4.2Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6131+0.237%$34K$360K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6125+0.132%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDT+0.0100%4h0.6122+0.080%$1.4M10xas long as short
SoDEX PONS-USDlong+0.0100%1h0.6117long leg$28K$545K3x
HTX PONS-USDT+0.0100%4h0.6130+0.213%$65K$510K20xas long as short
Phemex PONSUSDT+0.0100%4h0.61170.000%$1.7M$3.3M20xas long as short
KuCoin PONSUSDTM+0.0128%4h0.6114−0.049%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0156%4h0.6121+0.065%$4.7M$11.7M20xas long as short
Aevo PONS-PERP+0.0160%1h0.6122+0.082%$3813xas long as short
Aster PONSUSDT+0.0164%4h0.6119+0.031%$1.1M$2.2M20xas long as short
BingX PONS-USDT+0.0306%4h0.6123+0.098%$3.1Mas long as short
edgeX PONSUSDC+0.0309%4h0.6115−0.035%$21K$293K10xas long as short
Binance PONSUSDT+0.0312%4h0.6121+0.060%$40.1M$98.4M20xas long as short
MEXC PONS_USDT+0.0318%4h0.6115−0.033%$8.0M$4.9M20xas long as short
Extended PONS-USDshort+0.0320%1h0.6115−0.035%$253K$682K5x
Lighter PONS+0.0344%1h0.6114−0.049%$1.7M$923K3xas long as short
BloFin PONS-USDT+0.0559%4h0.6116−0.016%$1.8M$1.0M20xas long as short
Polymarket Perps PONS-USD+0.0646%1h0.6120+0.043%$42K$1.7M3xas long as short
Hyperliquid PONS+0.0857%1h0.6113−0.060%$62.3M$30.0M3xas long as short
Pacifica PONS+0.0899%1h0.6114−0.045%$48K$96K3xas long as short
Phoenix PONS+0.1307%1h0.6133+0.255%$31K$102K3xas long as short
Gate PONS_USDT+0.2474%4h0.6111−0.098%$5.3M$6.3M20xas long as short