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+0.0123%/8h= +13.5% APRnext payment +$0.62 per $10,000 · paid last 24h −0.032%
Price spread now: Aster against Variational Omni+0.629%7-day average −0.009% · 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 3 days (all we have)−0.015%−$1 on $10k
Price spread, last 7 days−0.677%−$68 · spread now +0.629%, 7d avg −0.009%
Together, before fees−0.691%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.638% dearer against Variational Omni than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.58650.0100pay 0.0050% / 4h2h 32m$1.3M$4.3M
ShortAster PONSUSDT0.59020.0223get 0.0112% / 4h2h 32m$1.1M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$25.91
Price spread: +0.629% → −0.009%
$63.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$81.7
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aster: live order book, just now. 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 Variational Omni RFQ quote, 1 min ago5.09 bpdoesn't fit47.5 bp −$475doesn't fitdoesn't fit
Sell Aster live order book, just now2.71 bp10.3 bp −$1035.7 bp −$357doesn'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
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0034%1h0.5893+0.478%$216K150xas long as short
Injective PONS/USDC PERP+0.0066%1h0.5920+0.926%$609$6K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.5902+0.626%$21K$447K20xas long as short
Bybit PONSUSDT+0.0100%4h0.5894+0.489%$17.7M$31.8M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.5895+0.506%$13.4M$56.0M20xas long as short
KuCoin PONSUSDTM+0.0100%4h0.5897+0.537%$1.7M$3.7M20xas long as short
Bitget PONSUSDT+0.0100%4h0.5899+0.580%$4.6M$11.7M20xas long as short
Variational Omni PONSlong+0.0100%4h0.5865long leg$1.3M$4.3M
ApeX Omni PONSUSDT+0.0100%1h0.5866+0.014%$34K$330K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5907+0.708%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDT+0.0100%4h0.5899+0.568%$1.4M10xas long as short
SoDEX PONS-USD+0.0100%1h0.5899+0.583%$27K$549K3xas long as short
HTX PONS-USDT+0.0100%4h0.5909+0.738%$64K$504K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5895+0.506%$1.7M$3.3M20xas long as short
Aevo PONS-PERP+0.0128%1h0.5899+0.575%$3683xas long as short
Nado PONS-PERP+0.0130%1h0.5901+0.601%$89K$103K5xas long as short
BingX PONS-USDT+0.0154%4h0.5897+0.541%$3.1Mas long as short
edgeX PONSUSDC+0.0162%4h0.5897+0.547%$21K$293K10xas long as short
MEXC PONS_USDT+0.0182%4h0.5898+0.558%$7.5M$5.2M20xas long as short
Binance PONSUSDT+0.0182%4h0.5899+0.572%$38.3M$98.3M20xas long as short
Extended PONS-USD+0.0184%1h0.5897+0.546%$105K$533K5xas long as short
Aster PONSUSDTshort+0.0223%4h0.5902+0.629%$1.1M$2.2M20x
Gate PONS_USDT+0.0240%4h0.5894+0.489%$5.1M$6.8M20xas long as short
Polymarket Perps PONS-USD+0.0328%1h0.5901+0.602%$38K$1.8M3xas long as short
BloFin PONS-USDT+0.0422%4h0.5900+0.592%$1.7M$968K20xas long as short
Pacifica PONS+0.0474%1h0.5898+0.564%$47K$103K3xas long as short
Hyperliquid PONS+0.0537%1h0.5901+0.609%$58.9M$30.0M3xas long as short
Lighter RH PONS+0.0592%1h0.5901+0.607%$394K$2.6M3xas long as short
Lighter PONS+0.1128%1h0.5905+0.675%$1.7M$881K3xas long as short
Phoenix PONS+0.1275%1h0.5899+0.575%$27K$86K3xas long as short