Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2262 | +0.0070 | pay 0.0009% / 1h | 46m 22s | $125K | $25K | — | Long AZverse | |
| SHORT | 0.2260 | +0.0100 | get 0.0050% / 4h | 3h 46m | $9.7M | $5.5M | 20x | Short Bybit |
Price gap−0.088%
Funding gap+0.0030% /8h
Funding pays +$1 a day on $10k, but the gap is 0.058% under its 7d average: −$6 if it goes back, about 6.4 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0030% /8h now · paid +0.006% over the last 20 hours (all we have)
Price−$6spread −0.088% now, avg −0.030% → −0.058% if it goes back
Costsno datano order book for AZverse
Result, before costs−$5−0.05%no pointscosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / 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−0.088%
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
/8hPONS on 35 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Bybit 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.90Long AZverse: 24 payments, −$2.10; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.088% vs −0.030%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$125K vs $9.7M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0024%/8h × 21 periods+$4.98
Price spread−0.088% → −0.030% (7d avg)−$5.80
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$23.82
Costs to cover0.230%Break-even40.5 days
Slippage: AZverse: no order-book sample; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBybit2.2120.8 bp−$2154.0 bp−$540doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
| 10-22 07:46 | Phemex | Listing | Spot New Listing - robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571 | @ponsdotfamily - Trading Pair: PONS/USDT - Trading Starts: 9:00 UTC, 22 Oct Trade it here ➡️ @Phemex_official on X ↗ |
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| 10-05 02:16 | SoDEX | Other | 📊 SoDEX 24h Movers | Mon, Oct 5 73 of 92 perp markets are higher. Can the broad advance hold through this week's macro releases? Market notes $AXS: Price rose on declining volume, alongside negative funding and net exchange inflows. The advance lacked stronger volume confirmation. $PENGU: Stonk launched a "Community Coins" mode on Solana, making PENGU holders eligible to share rewards from newly issued meme tokens. $PONS: Trader Bonk Guy's portfolio is down ~$13.9M from its Sept 6 peak. PONS remains his largest holding at $4.51M. This week's watchlist Mon, Oct 5, 14:00 UTC: US ISM Services PMI Wed, Oct 7, 18:00 UTC: FOMC minutes Fri, Oct 9: Michigan consumer sentiment preliminary release 73 up / 19 down / 0 flat across 92 perp markets. 24 also trade spot. Trade 👉 @sodex_official on X ↗ |
| 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 |

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