PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZversepons_usdt	0.2294	+0.0070	pay 0.0009% / 1h	18m 39s	$126K	$25K	—	Long AZverse
SHORT	PhoenixPONS	0.2297	0	0.0000% / 1h	18m 39s	$7K	$91K	3x	Short Phoenix

Price gap+0.131%60s

Funding gap−0.0070% /8h

The gap pays +$13 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 6.2 days.

If you open now and hold

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

Funding—−0.0070% /8h now · no funding history yet

Price—spread +0.131%60s now · prices read too far apart to compare

Costsno datano order book for AZverse and Phoenix

Result, before costs—no pointsneeds funding history

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+0.131%

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

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for AZverse and Phoenix: its slippage is not counted.
Note: Margin at max leverage— + $3,333
AZverse —, Phoenix 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: −$2.10Long AZverse: 24 payments, −$2.10; short Phoenix: 24 payments, $0.00.
Watch: Prices read 60 s apart+0.131% vs —
Part of this gap may be the market moving.
Watch: Short leg is thinner$7K vs $126K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legAZverse No · Phoenix 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 earnedno history yet: current rate−$14.70

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for AZverse and Phoenix—

Fee AZverse bp × 2 orders−$12.00

Fee Phoenix bp × 2 orders−$7.00

Net, fees only · 7 days · $10k−$33.70

price spread not counted: prices read too far apart

Costs to cover0.190%Break-evennever at this rate

Slippage: AZverse: no order-book sample; Phoenix: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGAZverse—————

SELL · SHORTPhoenix—————

Closing costs about the same again.
AZverse and Phoenix: 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