PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexPONSUSDT	0.2269	+0.0100	pay 0.0050% / 4h	1h 20m	$1.3M	$1.2M	20x	Long Phemex
SHORT	AZversepons_usdt	0.2268	+0.0070	get 0.0009% / 1h	20m 45s	$125K	$25K	—	Short AZverse

Price gap−0.044%

Funding gap−0.0030% /8h

Funding costs $1 a day on $10k at the current rate. Swap the legs.

If you open now and hold

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

Funding$0−0.0030% /8h now · paid −0.003% over the last 19 hours (all we have)

Price−$1spread −0.044% now, avg −0.034% → −0.010% if it goes back

Costsno datano order book for AZverse

Result, before costs−$1−0.01%no pointscosts 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−0.044%

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

0 ok · 3 to watch

Note: Order book unknown—
No order-book sample for AZverse: its slippage is not counted.
Note: Margin at max leverage$500 + —
Phemex 20x, AZverse —. 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: −$0.90Long Phemex: 6 payments, −$3.00; short AZverse: 24 payments, +$2.10.
Note: Gap at its usual level−0.044% vs −0.034%
The price leg adds little either way.
Watch: Short leg is thinner$125K vs $1.3M OI
AZverse sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPhemex Yes · AZverse No
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0012%/8h × 21 periods−$2.48

Price spread−0.044% → −0.034% (7d avg)−$1.01

Slippage, 4 ordersno data for AZverse—

Fee Phemex bp × 2 orders−$12.00

Fee AZverse bp × 2 orders−$12.00

Net, fees only · 7 days · $10k−$27.49

Costs to cover0.240%Break-evennever at this rate

Slippage: Phemex: live order book, 6 min ago; AZverse: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex4.4131.8 bp−$32160.5 bp−$1,605doesn’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