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 01:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h +0.020%
Price spread now: Extended against Variational Omni+0.223%7-day average +0.027% · 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)+0.182%+$18 on $10k
Price spread, last 4 days (all we have)+0.756%+$76 · spread now +0.223%, 7d avg +0.027%
Together, before fees+0.938%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$94 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.197% dearer against Variational Omni than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.61180.0100pay 0.0050% / 4h3h 08m$1.4M$4.2M
ShortExtended PONS-USD0.61320.0392get 0.0049% / 1h8m 47s$253K$677K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$61.32
Price spread: +0.223% → +0.027%
$19.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$75.97
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, just now; Extended: live order book, 64 min ago. 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, just now4.07 bpdoesn't fit46.4 bp −$464doesn't fitdoesn't fit
Sell Extended live order book, 64 min ago10.10 bp23.7 bp −$24216.2 bp −$2,162doesn'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 +0.0033% / S −0.0033%1h0.6129+0.174%$243K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−2.427%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6145+0.441%$21K$415K20xas long as short
Variational Omni PONSlong+0.0100%4h0.6118long leg$1.4M$4.2M
ApeX Omni PONSUSDT+0.0100%1h0.6111−0.109%$33K$356K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6143+0.412%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6140+0.363%$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6134+0.262%$26K$543K3xas long as short
HTX PONS-USDT+0.0100%4h0.6155+0.602%$66K$510K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6134+0.262%$1.7M$3.2M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH PONS+0.0144%1h0.6130+0.191%$434K$2.6M3xas long as short
Aevo PONS-PERP+0.0176%1h0.6142+0.392%$3833xas long as short
OKX PONS-USDT-SWAP+0.0206%4h0.6124+0.098%$14.1M$56.6M20xas long as short
KuCoin PONSUSDTM+0.0226%4h0.6122+0.066%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0276%4h0.6123+0.084%$4.8M$11.3M20xas long as short
Aster PONSUSDT+0.0340%4h0.6141+0.368%$1.1M$2.0M20xas long as short
MEXC PONS_USDT+0.0388%4h0.6127+0.147%$8.0M$4.9M20xas long as short
Extended PONS-USDshort+0.0392%1h0.6132+0.223%$253K$677K5x
Binance PONSUSDT+0.0396%4h0.6126+0.131%$40.3M$96.1M20xas long as short
edgeX PONSUSDC+0.0398%4h0.6124+0.092%$21K$291K10xas long as short
Lighter PONS+0.0480%1h0.6133+0.244%$1.7M$943K3xas long as short
Nado PONS-PERP+0.0591%1h0.6149+0.499%$106K$115K5xas long as short
BingX PONS-USDT+0.0592%4h0.6133+0.245%$3.1Mas long as short
Bybit PONSUSDT+0.0620%4h0.6123+0.082%$18.5M$30.8M20xas long as short
BloFin PONS-USDT+0.0629%4h0.6135+0.278%$1.8M$997K20xas long as short
Pacifica PONS+0.0665%1h0.6127+0.150%$48K$78K3xas long as short
Polymarket Perps PONS-USD+0.0800%1h0.6143+0.412%$45K$1.6M3xas long as short
Hyperliquid PONS+0.0869%1h0.6133+0.239%$62.4M$28.8M3xas long as short
Gate PONS_USDT+0.1384%4h0.6129+0.180%$5.4M$6.2M20xas long as short
Phoenix PONS+0.1608%1h0.6136+0.294%$32K$113K3xas long as short