PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetPONSUSDT	0.2338	+0.0100	pay 0.0050% / 4h	59m 07s	$2.1M	$5.5M	20x	Long Bitget
SHORT	TxFlowPONS-USDC	0.2336	+0.0108	get 0.0013% / 1h	59m 07s	$357K	$825K	10x	Short TxFlow5% off

Price gap−0.090%

Funding gap+0.0008% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

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

Funding$0+0.0008% /8h now · paid 0.000% over the last 7D

Price+$1spread −0.090% now, avg −0.095% → +0.006% if it goes back

Costs−$740.742% of $10k · taker + slippage, in and out

Result−$74−0.74%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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−0.090%

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 · 4 to watch

Watch: Thin at this size24.4 / 10.2 bp
At $10k entering Bitget costs 24.4 bp, fee and slippage, 2.4× TxFlow’s.
Note: Margin at max leverage$500 + $1,000
Bitget 20x, TxFlow 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$0.23Long Bitget: 6 payments, −$3.00; short TxFlow: 24 payments, +$3.23.
Note: Gap at its usual level−0.090% vs −0.095%
The price leg adds little either way.
Watch: Short leg is thinner$357K vs $2.1M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCBitget Yes · TxFlow No
KYC mandatory since Sep 2023; 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 earned0.0000%/8h × 21 periods+$0.03

Price spread−0.090% → −0.095% (7d avg)+$0.56

Slippage, 4 orderslive order books−$53.19

Fee Bitget bp × 2 orders−$12.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$73.60

Costs to cover0.742%Break-even20392.7 days

Slippage: Bitget: live order book, 7 min ago; TxFlow: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget4.9224.4 bp−$2486.0 bp−$860doesn’t fitdoesn’t fit

SELL · SHORTTxFlow2.0910.2 bp−$1084.4 bp−$844doesn’t fitdoesn’t fit

Closing costs about the same again.

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