PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.35 per $10,000 · paid last 24h +0.011%

Price spread now: Binance against Variational Omni−0.207%7-day average +0.065% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.161%+$16 on $10k

Price spread, last 7 days+0.231%+$23 · spread now −0.207%, 7d avg +0.065%

Together, before fees+0.391%+ Points / potential airdropVariational Omni: Active · farm board+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.272% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of +0.065%). If the spread goes back, that is −$27 on $10k: about 13 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.161% in total) that is about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PONS	0.5955	0.0100	pay 0.0050% / 4h	1h 34m	$1.4M	$4.3M	—
Short	Binance PONSUSDT	0.5943	0.0169	get 0.0085% / 4h	1h 34m	$38.7M	$97.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee BinancebpOrdersPrice spread, now −0.207%Rate

Funding earned: $14.54
Price spread: −0.207% → +0.065%: −$27.19
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$22.65
Costs to cover: 0.100%
Break-even: 17.9 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Binance: live order book, 9 min ago. 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 Variational Omni RFQ quote, 5 min ago	5.84 bp	doesn't fit	40.9 bp −$409	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.84 bp	14.3 bp −$14	54.9 bp −$549	299.3 bp −$29.9K	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
gTrade (Gains Network) PONS/USD	L +0.0033% / S −0.0034%	1h	0.5935	−0.333%	$218K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+0.238%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5940	−0.257%	$17K	$439K	20x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.5941	−0.240%	$17.7M	$31.6M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.5942	−0.224%	$13.4M	$55.9M	20x	as long as short
KuCoin PONSUSDTM	+0.0100%	4h	0.5938	−0.289%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0100%	4h	0.5945	−0.177%	$4.7M	$11.6M	20x	as long as short
Variational Omni PONSlong	+0.0100%	4h	0.5955	long leg	$1.4M	$4.3M	—
ApeX Omni PONSUSDT	+0.0100%	1h	0.5986	+0.510%	$35K	$345K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5949	−0.099%	$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	0.5941	−0.244%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5946	−0.150%	$27K	$548K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5955	−0.014%	$64K	$506K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5942	−0.224%	$1.6M	$3.3M	20x	as long as short
Aevo PONS-PERP	+0.0128%	1h	0.5940	−0.259%	$370	—	3x	as long as short
Aster PONSUSDT	+0.0132%	4h	0.5938	−0.288%	$1.1M	$2.2M	20x	as long as short
Extended PONS-USD	+0.0168%	1h	0.5945	−0.178%	$247K	$667K	5x	as long as short
Binance PONSUSDTshort	+0.0169%	4h	0.5943	−0.207%	$38.7M	$97.7M	20x
MEXC PONS_USDT	+0.0174%	4h	0.5939	−0.274%	$7.7M	$4.9M	20x	as long as short
BingX PONS-USDT	+0.0188%	4h	0.5940	−0.257%	—	$3.1M	—	as long as short
edgeX PONSUSDC	+0.0197%	4h	0.5961	+0.091%	$21K	$293K	10x	as long as short
Nado PONS-PERP	+0.0216%	1h	0.5940	−0.256%	$90K	$103K	5x	as long as short
Lighter RH PONS	+0.0384%	1h	0.5945	−0.168%	$417K	$2.7M	3x	as long as short
BloFin PONS-USDT	+0.0414%	4h	0.5948	−0.123%	$1.7M	$977K	20x	as long as short
Pacifica PONS	+0.0451%	1h	0.5947	−0.134%	$47K	$96K	3x	as long as short
Polymarket Perps PONS-USD	+0.0479%	1h	0.5938	−0.297%	$37K	$1.7M	3x	as long as short
Hyperliquid PONS	+0.0624%	1h	0.5942	−0.230%	$59.9M	$30.0M	3x	as long as short
Lighter PONS	+0.0736%	1h	0.5946	−0.163%	$1.7M	$995K	3x	as long as short
Gate PONS_USDT	+0.1310%	4h	0.5935	−0.341%	$5.2M	$6.5M	20x	as long as short
Phoenix PONS	+0.1398%	1h	0.5976	+0.342%	$30K	$96K	3x	as long as short