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 08:00 UTC−0.0327%/8h= −35.8% APRnext payment $1.64 per $10,000 · paid last 24h −0.075%
Price spread now: SunX against Variational Omni−0.110%7-day average +0.036% · you buy dearer than you sell
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 4 days (all we have)−0.139%−$14 on $10k
Price spread, last 4 days (all we have)+0.421%+$42 · spread now −0.110%, 7d avg +0.036%
Together, before fees+0.282%+ Points / potential airdropVariational Omni: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.146% cheaper against Variational Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PONS0.60450.0427pay 0.0214% / 4h3h 28m$1.5M$3.9M
ShortSunX PONS-USDT0.60390.0100get 0.0050% / 4h3h 28m$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$68.75
Price spread: −0.110% → +0.036%
−$14.59
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$91.34
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; SunX: live order book, 5 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 now5.80 bpdoesn't fit48.8 bp −$488doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago104.43 bp124.9 bp −$125doesn't fitdoesn'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 −0.0032%1h0.6028−0.284%$240K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−1.256%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6031−0.239%$21K$416K20xas long as short
Nado PONS-PERP+0.0100%1h0.6031−0.239%$70K$129K5xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6042−0.062%$35K$342K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6044−0.017%$2K$3K10xas long as short
SunX PONS-USDTshort+0.0100%4h0.6039−0.110%$1.3M10x
SoDEX PONS-USD+0.0100%1h0.6039−0.098%$26K$533K3xas long as short
HTX PONS-USDT+0.0100%4h0.6053+0.122%$65K$512K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6041−0.073%$1.7M$3.2M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH PONS+0.0192%1h0.6038−0.120%$410K$2.5M3xas long as short
Aevo PONS-PERP+0.0240%1h0.6042−0.049%$3763xas long as short
OKX PONS-USDT-SWAP+0.0355%4h0.6036−0.156%$13.7M$55.3M20xas long as short
Variational Omni PONSlong+0.0427%4h0.6045long leg$1.5M$3.9M
Hyperliquid PONS+0.0484%1h0.6040−0.095%$61.8M$28.0M3xas long as short
Bitget PONSUSDT+0.0528%4h0.6042−0.064%$4.6M$11.5M20xas long as short
Aster PONSUSDT+0.0529%4h0.6043−0.040%$1.1M$2.1M20xas long as short
Lighter PONS+0.0544%1h0.6040−0.092%$1.7M$892K3xas long as short
Extended PONS-USD+0.0632%1h0.6036−0.152%$108K$808K5xas long as short
MEXC PONS_USDT+0.0632%4h0.6039−0.107%$7.7M$4.7M20xas long as short
Binance PONSUSDT+0.0634%4h0.6038−0.123%$39.5M$94.3M20xas long as short
edgeX PONSUSDC+0.0637%4h0.6047+0.027%$18K$294K10xas long as short
Polymarket Perps PONS-USD+0.0693%1h0.6039−0.102%$72K$1.6M3xas long as short
KuCoin PONSUSDTM+0.0744%4h0.6039−0.108%$1.6M$3.8M20xas long as short
BloFin PONS-USDT+0.0874%4h0.6039−0.107%$1.7M$968K20xas long as short
Gate PONS_USDT+0.0908%4h0.6033−0.206%$5.3M$6.2M20xas long as short
BingX PONS-USDT+0.0944%4h0.6040−0.090%$3.0Mas long as short
Pacifica PONS+0.1081%1h0.6041−0.076%$47K$68K3xas long as short
Bybit PONSUSDT+0.1082%4h0.6038−0.123%$18.1M$30.6M20xas long as short
Phoenix PONS+0.1586%1h0.6044−0.030%$46K$109K3xas long as short