PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ArcusPONS-USD	0.5401	+0.0763	pay 0.0095% / 1h	12m 28s	$51K	$191K	4x	Long Arcus5% off
SHORT	SoDEXPONS-USD	0.5396	+0.0100	get 0.0013% / 1h	12m 28s	$8K	$1.3M	3x	Short SoDEX

Price gap−0.098%

Funding gap−0.0663% /8h

Funding costs $20 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−$42−0.0663% /8h now · paid −0.425% over the last 2 days (all we have)

Price−$1spread −0.098% now, avg −0.087% → −0.011% if it goes back

Costs−$1451.453% of $10k · taker + slippage, in and out

Result−$189−1.89%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Entry / ExitArcus: thin, under $1M open interest · SoDEX: thin, under $1M open interest

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−0.098%

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

2 ok · 2 to watch

Watch: Thin at this size13.6 / 62.0 bp
At $10k entering SoDEX costs 62.0 bp, fee and slippage, 4.5× Arcus’s.
Note: Margin at max leverage$2,500 + $3,333
Arcus 4x, SoDEX 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: −$19.89Long Arcus: 24 payments, −$22.89; short SoDEX: 24 payments, +$3.00.
Note: Gap at its usual level−0.098% vs −0.087%
The price leg adds little either way.
Watch: Short leg is thinner$8K vs $51K OI
SoDEX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legArcus No · SoDEX 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−0.0742%/8h × 21 periods−$155.83

Price spread−0.098% → −0.087% (7d avg)−$1.14

Slippage, 4 orderslive order books−$132.83

Fee Arcus bp × 2 orders−$4.50

Fee SoDEX bp × 2 orders−$8.00

Net · 7 days · $10k−$302.30

Costs to cover1.453%Break-evennever at this rate

Slippage: Arcus: live order book, 25 min ago; SoDEX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGArcus6.5213.6 bp−$1424.7 bp−$247doesn’t fitdoesn’t fit

SELL · SHORTSoDEX0.9362.0 bp−$62doesn’t fitdoesn’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 ↗