Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against SoDEX+0.115%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.115% dearer against SoDEX than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PONS-USD | 0.5937 | 0.0100 | pay 0.0013% / 1h | 29m 34s | $26K | $586K | 3x |
| Short | Orderly PERP_PONS_USDC_mythos | 0.5943 | 0.0100 | get 0.0050% / 4h | 1h 29m | $2K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.05
- Price spread: +0.115% → 0.000%
- $11.45
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.6
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 14 min ago; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX live order book, 14 min ago | 1.69 bp | 66.2 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 0.5926 | −0.172% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +0.556% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5934 | −0.047% | $417K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5934 | −0.042% | $22K | $420K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythosshort | +0.0100% | 4h | 0.5943 | +0.115% | $2K | $3K | 10x | |
| Nado PONS-PERP | +0.0100% | 1h | 0.5930 | −0.109% | $69K | $131K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5929 | −0.120% | $29K | $315K | 5x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5934 | −0.037% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USDlong | +0.0100% | 1h | 0.5937 | long leg | $26K | $586K | 3x | |
| HTX PONS-USDT | +0.0100% | 4h | 0.5939 | +0.051% | $65K | $525K | 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 | 0.5930 | −0.109% | $1.6M | $3.2M | 20x | as long as short |
| Hyperliquid PONS | +0.0196% | 1h | 0.5928 | −0.143% | $60.2M | $29.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0208% | 1h | 0.5937 | +0.012% | $370 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0401% | 4h | 0.5929 | −0.126% | $13.4M | $55.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0459% | 1h | 0.5931 | −0.089% | $94K | $1.9M | 3x | as long as short |
| Aster PONSUSDT | +0.0462% | 4h | 0.5936 | −0.010% | $1.1M | $2.2M | 20x | as long as short |
| MEXC PONS_USDT | +0.0516% | 4h | 0.5938 | +0.025% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0518% | 4h | 0.5933 | −0.059% | $37.3M | $98.4M | 20x | as long as short |
| Extended PONS-USD | +0.0520% | 1h | 0.5939 | +0.035% | $101K | $811K | 5x | as long as short |
| Gate PONS_USDT | +0.0520% | 4h | 0.5934 | −0.042% | $5.3M | $6.3M | 20x | as long as short |
| edgeX PONSUSDC | +0.0532% | 4h | 0.5934 | −0.041% | $20K | $293K | 10x | as long as short |
| Pacifica PONS | +0.0556% | 1h | 0.5936 | −0.005% | $45K | $68K | 3x | as long as short |
| Variational Omni PONS | +0.0575% | 4h | 0.5930 | −0.102% | $1.4M | $4.1M | — | as long as short |
| KuCoin PONSUSDTM | +0.0624% | 4h | 0.5938 | +0.032% | $1.6M | $3.8M | 20x | as long as short |
| Bitget PONSUSDT | +0.0678% | 4h | 0.5935 | −0.019% | $4.7M | $12.2M | 20x | as long as short |
| BingX PONS-USDT | +0.0706% | 4h | 0.5935 | −0.025% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0723% | 4h | 0.5934 | −0.042% | $17.6M | $31.3M | 20x | as long as short |
| BloFin PONS-USDT | +0.0761% | 4h | 0.5929 | −0.126% | $1.6M | $945K | 20x | as long as short |
| Lighter PONS | +0.0792% | 1h | 0.5938 | +0.024% | $1.7M | $830K | 3x | as long as short |
| Phoenix PONS | +0.1472% | 1h | 0.5936 | −0.007% | $45K | $127K | 3x | as long as short |
SoDEX PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
HTX PONS-USDT
Phemex PONSUSDT
Hyperliquid PONS
OKX PONS-USDT-SWAP
Polymarket Perps PONS-USD
Aster PONSUSDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Gate PONS_USDT
edgeX PONSUSDC
Pacifica PONS
Variational Omni PONS
KuCoin PONSUSDTM
Bitget PONSUSDT
BingX PONS-USDT
Bybit PONSUSDT
BloFin PONS-USDT
Lighter PONS
Phoenix PONS