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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PONS | 0.6045 | 0.0427 | pay 0.0214% / 4h | 3h 28m | $1.5M | $3.9M | — |
| Short | SunX PONS-USDT | 0.6039 | 0.0100 | get 0.0050% / 4h | 3h 28m | — | $1.3M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, just now | 5.80 bp | doesn't fit | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 104.43 bp | 124.9 bp −$125 | doesn't fit | doesn't fit | 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 −0.0032% | 1h | 0.6028 | −0.284% | $240K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.256% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6031 | −0.239% | $21K | $416K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6031 | −0.239% | $70K | $129K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6042 | −0.062% | $35K | $342K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6044 | −0.017% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDTshort | +0.0100% | 4h | 0.6039 | −0.110% | — | $1.3M | 10x | |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6039 | −0.098% | $26K | $533K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6053 | +0.122% | $65K | $512K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6041 | −0.073% | $1.7M | $3.2M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0192% | 1h | 0.6038 | −0.120% | $410K | $2.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0240% | 1h | 0.6042 | −0.049% | $376 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0355% | 4h | 0.6036 | −0.156% | $13.7M | $55.3M | 20x | as long as short |
| Variational Omni PONSlong | +0.0427% | 4h | 0.6045 | long leg | $1.5M | $3.9M | — | |
| Hyperliquid PONS | +0.0484% | 1h | 0.6040 | −0.095% | $61.8M | $28.0M | 3x | as long as short |
| Bitget PONSUSDT | +0.0528% | 4h | 0.6042 | −0.064% | $4.6M | $11.5M | 20x | as long as short |
| Aster PONSUSDT | +0.0529% | 4h | 0.6043 | −0.040% | $1.1M | $2.1M | 20x | as long as short |
| Lighter PONS | +0.0544% | 1h | 0.6040 | −0.092% | $1.7M | $892K | 3x | as long as short |
| Extended PONS-USD | +0.0632% | 1h | 0.6036 | −0.152% | $108K | $808K | 5x | as long as short |
| MEXC PONS_USDT | +0.0632% | 4h | 0.6039 | −0.107% | $7.7M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0634% | 4h | 0.6038 | −0.123% | $39.5M | $94.3M | 20x | as long as short |
| edgeX PONSUSDC | +0.0637% | 4h | 0.6047 | +0.027% | $18K | $294K | 10x | as long as short |
| Polymarket Perps PONS-USD | +0.0693% | 1h | 0.6039 | −0.102% | $72K | $1.6M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.0744% | 4h | 0.6039 | −0.108% | $1.6M | $3.8M | 20x | as long as short |
| BloFin PONS-USDT | +0.0874% | 4h | 0.6039 | −0.107% | $1.7M | $968K | 20x | as long as short |
| Gate PONS_USDT | +0.0908% | 4h | 0.6033 | −0.206% | $5.3M | $6.2M | 20x | as long as short |
| BingX PONS-USDT | +0.0944% | 4h | 0.6040 | −0.090% | — | $3.0M | — | as long as short |
| Pacifica PONS | +0.1081% | 1h | 0.6041 | −0.076% | $47K | $68K | 3x | as long as short |
| Bybit PONSUSDT | +0.1082% | 4h | 0.6038 | −0.123% | $18.1M | $30.6M | 20x | as long as short |
| Phoenix PONS | +0.1586% | 1h | 0.6044 | −0.030% | $46K | $109K | 3x | as long as short |
Variational Omni PONS
SunX PONS-USDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Lighter RH PONS
OKX PONS-USDT-SWAP
Hyperliquid PONS
Bitget PONSUSDT
Aster PONSUSDT
Lighter PONS
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
edgeX PONSUSDC
Polymarket Perps PONS-USD
KuCoin PONSUSDTM
BloFin PONS-USDT
Gate PONS_USDT
BingX PONS-USDT
Pacifica PONS
Bybit PONSUSDT
Phoenix PONS