PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZversepons_usdt	0.2261	+0.0070	pay 0.0009% / 1h	10m 25s	$125K	$25K	—	Long AZverse
SHORT	GatePONS_USDT	0.2266	−0.2330	pay 0.1165% / 4h	1h 10m	$20.1M	$1.4M	20x	Short Gate

Price gap+0.221%

Funding gap−0.2400% /8h

The gap pays +$21 on $10k if it goes back to its 7d average, but funding costs $72 a day and eats that in about 7 hours. At the last 7 days' pace that is about 7.0 days.

If you open now and hold

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

Funding−$2−0.2400% /8h now · paid −0.023% over the last 19 hours (all we have)

Price+$21spread +0.221% now, avg +0.015% → +0.206% if it goes back

Costsno datano order book for AZverse

Result, before costs+$18+0.18%no pointscosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 19 hours it paid −0.023% in total, about −0.0098%/8h on average.

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+0.221%

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 35 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Note: Order book unknown—
No order-book sample for AZverse: its slippage is not counted.
Note: Margin at max leverage— + $500
AZverse —, Gate 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$72.00Long AZverse: 24 payments, −$2.10; short Gate: 6 payments, −$69.90.
OK: Entry gap works for you+0.221% vs +0.015%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$125K vs $20.1M OI
AZverse sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCAZverse No · Gate Yes
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0098%/8h × 21 periods−$20.66

Price spread+0.221% → +0.015% (7d avg)+$20.60

Slippage, 4 ordersno data for AZverse—

Fee AZverse bp × 2 orders−$12.00

Fee Gate bp × 2 orders−$15.00

Net, fees only · 7 days · $10k−$27.06

Costs to cover0.270%Break-evennever at this rate

Slippage: AZverse: no order-book sample; Gate: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAZverse—————

SELL · SHORTGate4.4232.6 bp−$33168.8 bp−$1,688doesn’t fitdoesn’t fit

Closing costs about the same again.
AZverse: no data.

PONS news

posts that mention PONS, from every exchangeSearch all news →

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 ↗
10-15 10:02	Deribit	Listing	🚨 Now live on Deribit: PONS and CASHCAT USDC settled perpetuals. ↓ @DeribitOfficial on X ↗
10-15 10:01	Deribit	Listing	new market PONS_USDC-PERPETUAL ($PONS) seen by our collector
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