PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0291%/8h= −31.8% APRnext payment −$1.45 per $10,000 · paid last 24h −0.084%

Price spread now: HTX against Binance+0.162%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$392as in the Funding arb table

Net, price: spread back to 7d avg − costs−$333as in the Price arb table

costs, in and out, $10k−$3463.463% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.453%−$45 on $10k

Price spread, last 3 days (all we have)−0.282%−$28 · spread now +0.162%, 7d avg +0.028%

Together, before fees−0.735%−$74 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.134% dearer against Binance than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of +0.028%): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PONSUSDT	0.6136	0.0391	pay 0.0195% / 4h	3h 12m	$40.4M	$96.3M	20x
Short	HTX PONS-USDT	0.6146	0.0100	get 0.0050% / 4h	3h 12m	$65K	$510K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee HTXbpOrdersPrice spread, now +0.162%Rate

Funding earned: −$61.02
Price spread: +0.162% → +0.028%: $13.42
Slippage, 4 orders: −$324.32
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$393.92
Costs to cover: 3.463%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; HTX: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 15 min ago	1.63 bp	14.8 bp −$15	49.4 bp −$494	doesn't fit	doesn't fit
Sell HTX live order book, 61 min ago	27.26 bp	165.6 bp −$166	1530.7 bp −$15.3K	doesn't fit	doesn't fit

PONS on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) PONS/USD	L +0.0033% / S −0.0033%	1h	0.6129	−0.110%	$243K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−2.706%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6134	−0.025%	$20K	$415K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6089	−0.766%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6098	−0.605%	$33K	$356K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6146	+0.169%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6133	−0.048%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6139	+0.056%	$27K	$543K	3x	as long as short
HTX PONS-USDTshort	+0.0100%	4h	0.6146	+0.162%	$65K	$510K	20x
Phemex PONSUSDT	+0.0100%	4h	0.6138	+0.040%	$1.7M	$3.2M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PONS	+0.0160%	1h	0.6130	−0.084%	$434K	$2.6M	3x	as long as short
Aevo PONS-PERP	+0.0176%	1h	0.6141	+0.097%	$383	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0199%	4h	0.6132	−0.058%	$14.0M	$56.7M	20x	as long as short
KuCoin PONSUSDTM	+0.0204%	4h	0.6134	−0.030%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0274%	4h	0.6134	−0.019%	$4.8M	$11.4M	20x	as long as short
Aster PONSUSDT	+0.0326%	4h	0.6135	−0.004%	$1.1M	$2.1M	20x	as long as short
Extended PONS-USD	+0.0376%	1h	0.6134	−0.031%	$253K	$678K	5x	as long as short
MEXC PONS_USDT	+0.0376%	4h	0.6134	−0.025%	$8.0M	$4.9M	20x	as long as short
edgeX PONSUSDC	+0.0381%	4h	0.6107	−0.473%	$21K	$294K	10x	as long as short
Binance PONSUSDTlong	+0.0391%	4h	0.6136	long leg	$40.4M	$96.3M	20x
Lighter PONS	+0.0496%	1h	0.6131	−0.080%	$1.7M	$940K	3x	as long as short
BingX PONS-USDT	+0.0586%	4h	0.6136	+0.008%	—	$3.1M	—	as long as short
Bybit PONSUSDT	+0.0599%	4h	0.6130	−0.090%	$18.4M	$30.9M	20x	as long as short
Nado PONS-PERP	+0.0604%	1h	0.6130	−0.083%	$106K	$115K	5x	as long as short
BloFin PONS-USDT	+0.0617%	4h	0.6132	−0.058%	$1.8M	$997K	20x	as long as short
Pacifica PONS	+0.0665%	1h	0.6130	−0.085%	$48K	$78K	3x	as long as short
Polymarket Perps PONS-USD	+0.0786%	1h	0.6134	−0.020%	$45K	$1.6M	3x	as long as short
Hyperliquid PONS	+0.0873%	1h	0.6133	−0.036%	$62.4M	$29.1M	3x	as long as short
Gate PONS_USDT	+0.1022%	4h	0.6124	−0.188%	$5.4M	$6.2M	20x	as long as short
Phoenix PONS	+0.1608%	1h	0.6094	−0.682%	$32K	$113K	3x	as long as short