PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0488%/8h= −53.5% APRnext payment −$2.44 per $10,000 · paid last 24h −0.098%

Price spread now: Orderly against MEXC−0.010%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PONS_USDT	0.5872	0.0588	pay 0.0294% / 4h	2h 19m	$7.5M	$4.8M	20x
Short	Orderly PERP_PONS_USDC_mythos	0.5871	0.0100	get 0.0050% / 4h	2h 19m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against MEXC. 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 MEXCbpFee OrderlybpOrdersPrice spread, now −0.010%Rate

Funding earned: −$102.53
Price spread: −0.010% → 0.000%: −$1.02
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$109.55
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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 MEXC live order book, 3 min ago	2.57 bp	6.0 bp −$6	12.7 bp −$127	319.3 bp −$31.9K	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0032%	1h	0.5857	−0.247%	$233K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+1.660%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5869	−0.043%	$417K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5866	−0.102%	$18K	$437K	20x	as long as short
Orderly PERP_PONS_USDC_mythosshort	+0.0100%	4h	0.5871	−0.010%	$2K	$3K	10x
Nado PONS-PERP	+0.0100%	1h	0.5866	−0.106%	$69K	$131K	5x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.5872	0.000%	$5.2M	$6.4M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5804	−1.153%	$29K	$329K	5x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5867	−0.085%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5867	−0.094%	$25K	$582K	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PONS-USDT	+0.0100%	4h	0.5862	−0.172%	$64K	$526K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5867	−0.085%	$1.6M	$3.2M	20x	as long as short
Hyperliquid PONS	+0.0214%	1h	0.5872	−0.005%	$59.8M	$29.4M	3x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.5873	+0.023%	$366	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0392%	4h	0.5876	+0.068%	$13.3M	$55.6M	20x	as long as short
Aster PONSUSDT	+0.0466%	4h	0.5862	−0.163%	$1.1M	$2.2M	20x	as long as short
MEXC PONS_USDTlong	+0.0588%	4h	0.5872	long leg	$7.5M	$4.8M	20x
Extended PONS-USD	+0.0592%	1h	0.5873	+0.015%	$100K	$817K	5x	as long as short
Binance PONSUSDT	+0.0594%	4h	0.5875	+0.052%	$37.3M	$98.4M	20x	as long as short
Bitget PONSUSDT	+0.0600%	4h	0.5877	+0.078%	$4.6M	$12.1M	20x	as long as short
edgeX PONSUSDC	+0.0602%	4h	0.5804	−1.155%	$20K	$295K	10x	as long as short
Variational Omni PONS	+0.0620%	4h	0.5850	−0.367%	$1.3M	$4.1M	—	as long as short
Lighter PONS	+0.0632%	1h	0.5870	−0.036%	$1.6M	$935K	3x	as long as short
KuCoin PONSUSDTM	+0.0712%	4h	0.5870	−0.041%	$1.6M	$3.8M	20x	as long as short
Pacifica PONS	+0.0715%	1h	0.5873	+0.022%	$45K	$69K	3x	as long as short
Polymarket Perps PONS-USD	+0.0741%	1h	0.5867	−0.077%	$110K	$1.9M	3x	as long as short
BloFin PONS-USDT	+0.0828%	4h	0.5850	−0.375%	$1.7M	$935K	20x	as long as short
BingX PONS-USDT	+0.0894%	4h	0.5876	+0.068%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0918%	4h	0.5875	+0.051%	$17.6M	$31.6M	20x	as long as short
Phoenix PONS	+0.1719%	1h	0.5822	−0.846%	$44K	$121K	3x	as long as short