PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ArcusPONS-USD	0.5418	+0.0147	pay 0.0018% / 1h	2m 58s	$87K	$244K	4x	Long Arcus5% off
SHORT	Lighter RHPONS	0.5415	+0.0096	get 0.0012% / 1h	2m 58s	$423K	$1.8M	3x	Short Lighter RH

Price gap−0.054%

Funding gap−0.0051% /8h

Funding costs $2 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$28−0.0051% /8h now · paid −0.282% over the last 3 days (all we have)

Price+$2spread −0.054% now, avg −0.073% → +0.019% if it goes back

Costs−$340.339% of $10k · taker + slippage, in and out

Result−$60−0.60%+ Points / potential airdropLighter RH: Points live · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.054%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PONS on 32 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Watch: Large against open interest13.7 / 8.1 bp
$10k is over 10% of Arcus’s open interest.
Note: Margin at max leverage$2,500 + $3,333
Arcus 4x, Lighter RH 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$1.53Long Arcus: 24 payments, −$4.41; short Lighter RH: 24 payments, +$2.88.
Note: Gap at its usual level−0.054% vs −0.073%
The price leg adds little either way.
Watch: Long leg is thinner$87K vs $423K OI
Arcus sets your exit cost. Check its book before closing.
OK: Points on a legLighter RH Points live
Volume here counts toward the points program.
OK: No KYC on either legArcus No · Lighter RH No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0370%/8h × 21 periods−$77.68

Price spread−0.054% → −0.073% (7d avg)+$1.93

Slippage, 4 orderslive order books−$29.44

Fee Arcus bp × 2 orders−$4.50

Fee Lighter RH bp × 2 orders$0.00

Net · 7 days · $10k−$109.69

Costs to cover0.339%Break-evennever at this rate

Slippage: Arcus: live order book, 10 min ago; Lighter RH: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGArcus4.5213.7 bp−$1426.6 bp−$266doesn’t fitdoesn’t fit

SELL · SHORTLighter RH3.148.1 bp−$870.7 bp−$707doesn’t fitdoesn’t fit

Closing costs about the same again.

PONS news

posts that mention PONS, from every exchangeSearch all news →

09-29 11:00	gTrade (Gains Network)	Listing	PONS/USD no longer reported ($PONS) seen by our collector
09-29 02:27	Arcus	Listing	$PONS perpetuals are now live on Arcus. Up to 4x leverage. @arcus_xyz on X ↗
09-28 19:23	Arcus	Listing	new market PONS-USD ($PONS) seen by our collector
09-25 11:16	Kraken Futures	Listing	new market PF_PONSUSD ($PONS) seen by our collector
09-22 17:11	Avantis	Listing	new market PONS/USD ($PONS) seen by our collector
09-22 13:03	Bybit	Other	📣 $PONS is officially listed on #BybitSpot with @ponsdotfamily! Pons is a token launchpad on the Robinhood blockchain, where users can pair tokens with Stock Tokens, ETH, USDG, and more. Tokens are launched through a "fair launch" process with a bonding curve. @Bybit_Official on X ↗