PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0289%/8h= −31.7% APRnext payment −$1.45 per $10,000 · paid last 24h −0.129%

Price spread now: HTX against BingX+0.080%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$394as in the Funding arb table

Net, price: spread back to 7d avg − costs−$322as in the Price arb table

costs, in and out, $10k−$3293.287% of the position

Long on BingX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.649%−$65 on $10k

Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.080%, 7d avg +0.008%

Together, before fees−0.828%−$83 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.071% dearer against BingX than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.008%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PONS-USDT	0.6031	0.0389	pay 0.0195% / 4h	2h 27m	—	$3.0M	—
Short	HTX PONS-USDT	0.6036	0.0100	get 0.0050% / 4h	2h 27m	$64K	$509K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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 BingXbpFee HTXbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$60.73
Price spread: +0.080% → +0.008%: $7.11
Slippage, 4 orders: −$306.66
Fee BingX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$382.29
Costs to cover: 3.287%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; HTX: live order book, 41 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 BingX live order book, 2 min ago	2.49 bp	11.8 bp −$12	28.3 bp −$283	349.3 bp −$34.9K	doesn't fit
Sell HTX live order book, 41 min ago	29.96 bp	169.9 bp −$170	doesn't fit	doesn't fit	doesn't fit

PONS on 29 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	0.6019	−0.205%	$238K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.020%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6026	−0.083%	$20K	$423K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6043	+0.192%	$1.4M	$4.0M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6038	+0.118%	$33K	$354K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6028	−0.046%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6026	−0.090%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6033	+0.040%	$26K	$518K	3x	as long as short
HTX PONS-USDTshort	+0.0100%	4h	0.6036	+0.080%	$64K	$509K	20x
Phemex PONSUSDT	+0.0100%	4h	0.6036	+0.083%	$1.7M	$3.2M	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PONS	+0.0176%	1h	0.6030	−0.018%	$425K	$2.5M	3x	as long as short
Aevo PONS-PERP	+0.0184%	1h	0.6024	−0.120%	$375	—	3x	as long as short
KuCoin PONSUSDTM	+0.0216%	4h	0.6023	−0.126%	$1.7M	$3.7M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0231%	4h	0.6025	−0.099%	$13.8M	$55.0M	20x	as long as short
Nado PONS-PERP	+0.0244%	1h	0.6020	−0.175%	$71K	$131K	5x	as long as short
Bybit PONSUSDT	+0.0255%	4h	0.6026	−0.083%	$18.1M	$30.5M	20x	as long as short
Lighter PONS	+0.0272%	1h	0.6030	−0.018%	$1.7M	$884K	3x	as long as short
Bitget PONSUSDT	+0.0300%	4h	0.6033	+0.030%	$4.7M	$11.3M	20x	as long as short
Aster PONSUSDT	+0.0358%	4h	0.6024	−0.110%	$1.1M	$2.0M	20x	as long as short
BingX PONS-USDTlong	+0.0389%	4h	0.6031	long leg	—	$3.0M	—
Extended PONS-USD	+0.0408%	1h	0.6026	−0.075%	$249K	$674K	5x	as long as short
MEXC PONS_USDT	+0.0408%	4h	0.6032	+0.017%	$7.7M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0409%	4h	0.6030	−0.017%	$39.5M	$94.9M	20x	as long as short
edgeX PONSUSDC	+0.0414%	4h	0.6038	+0.120%	$21K	$294K	10x	as long as short
Gate PONS_USDT	+0.0506%	4h	0.6027	−0.066%	$5.3M	$6.1M	20x	as long as short
Hyperliquid PONS	+0.0686%	1h	0.6029	−0.027%	$61.3M	$28.2M	3x	as long as short
Polymarket Perps PONS-USD	+0.0737%	1h	0.6025	−0.101%	$45K	$1.5M	3x	as long as short
Pacifica PONS	+0.0869%	1h	0.6020	−0.181%	$47K	$75K	3x	as long as short
Phoenix PONS	+0.1695%	1h	0.6041	+0.161%	$31K	$107K	3x	as long as short