Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

PONS

All PONS markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
InjectivePONS/USDC PERP
0.5239−0.5000get 0.0625% / 1h35m 00s$1K$4K5xLong Injective
SHORT
ArcusPONS-USD
0.5365+0.1176get 0.0147% / 1h35m 00s$39K$141K4xShort Arcus5% off
Price gap+2.409%
Funding gap+0.6176% /8h

Both sides work: funding pays +$185 a day on $10k, and the gap is 2.409% above zero (no 7-day history yet): +$241 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—+0.6176% /8h now · no funding history yet
Price—spread +2.409% now · no price history on both exchanges yet
Costsno datano order book for Injective
Result, before costs—no pointsneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Arcus price against Injectivenow
RANGE STATS · 7D
Now+2.409%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PONS on 31 exchanges

lowest funding first

Before you open

2 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Injective: its slippage is not counted.
  • Note: Margin at max leverage$2,000 + $2,500
    Injective 5x, Arcus 4x. 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: +$185.27Long Injective: 24 payments, +$150.00; short Arcus: 24 payments, +$35.27.
  • Note: No 7-day spread history+2.409%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$1K vs $39K OI
    Injective sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legInjective No · Arcus 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+$1,296.89
Price spread+2.409% → 0+$240.91
Slippage, 4 ordersno data for Injective—
Fee Injective bp × 2 orders−$0.02
Fee Arcus bp × 2 orders−$4.50
Net, fees only · 7 days · $10k+$1,533.28
Costs to cover0.045%Break-evenfrom the start
Slippage: Injective: no order-book sample; Arcus: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGInjective—————
SELL · SHORTArcus7.4010.0 bp−$1020.9 bp−$209doesn’t fitdoesn’t fit

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

Alert

PONS news

posts that mention PONS, from every exchangeSearch all news →
09-29 11:00gTrade (Gains Network)ListingPONS/USD no longer reported ($PONS) seen by our collector
09-29 02:27ArcusListing$PONS perpetuals are now live on Arcus. Up to 4x leverage. @arcus_xyz on X ↗
09-28 19:23ArcusListingnew market PONS-USD ($PONS) seen by our collector
09-25 11:16Kraken FuturesListingnew market PF_PONSUSD ($PONS) seen by our collector
09-22 17:11AvantisListingnew market PONS/USD ($PONS) seen by our collector
09-22 13:03BybitOther📣 $PONS is officially listed on #BybitSpot with @ponsdotfamily! Pons is a token launchpad on the Robinhood blockchain, where users can pair tokens with Stock Tokens, ETH, USDG, and more. Tokens are launched through a "fair launch" process with a bonding curve. @Bybit_Official on X ↗