PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	NadoPONS-PERP	0.2275	+0.0100	pay 0.0012% / 1h	5m 11s	$139K	$110K	5x	Long Nado20% off
SHORT	AZversepons_usdt	0.2271	+0.0070	get 0.0009% / 1h	5m 11s	$125K	$25K	—	Short AZverse

Price gap−0.174%

Funding gap−0.0030% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.077% under its 7d average. Swap the legs.

If you open now and hold

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

Funding+$3−0.0030% /8h now · paid +0.027% over the last 18 hours (all we have)

Price−$8spread −0.174% now, avg −0.097% → −0.077% if it goes back

Costsno datano order book for AZverse

Result, before costs−$5−0.05%+ Points / potential airdropNado: points · farm boardcosts unknown: no order book for AZverse · What 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−0.174%

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

3 ok · 2 to watch

Note: Order book unknown—
No order-book sample for AZverse: its slippage is not counted.
Note: Margin at max leverage$2,000 + —
Nado 5x, AZverse —. 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: −$0.90Long Nado: 24 payments, −$3.00; short AZverse: 24 payments, +$2.10.
Watch: Gap narrower than usual−0.174% vs −0.097%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$125K vs $139K OI
AZverse sets your exit cost. Check its book before closing.
OK: Points on a legNado points
Volume here counts toward the points program.
OK: No KYC on either legNado No · AZverse 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 earned+0.0118%/8h × 21 periods+$24.88

Price spread−0.174% → −0.097% (7d avg)−$7.68

Slippage, 4 ordersno data for AZverse—

Fee Nado bp × 2 orders−$7.00

Fee AZverse bp × 2 orders−$12.00

Net, fees only · 7 days · $10k−$1.80

Costs to cover0.190%Break-even7.5 days

Slippage: Nado: live order book, 43 min ago; AZverse: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGNado1.3012.9 bp−$13826.9 bp−$8,269doesn’t fitdoesn’t fit

SELL · SHORTAZverse—————

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

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