PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Polymarket PerpsPONS-USD	0.5326	+0.0100	pay 0.0013% / 1h	8m 13s	$52K	$961K	3x	Long Polymarket Perps
SHORT	ArcusPONS-USD	0.5333	+0.0981	get 0.0123% / 1h	8m 13s	$82K	$169K	4x	Short Arcus5% off

Price gap+0.128%

Funding gap+0.0881% /8h

Both sides work: funding pays +$26 a day on $10k, and the gap is 0.029% above its 7d average: +$3 more if it goes back.

If you open now and hold

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

Funding+$49+0.0881% /8h now · paid +0.490% over the last 2 days (all we have)

Price+$3spread +0.128% now, avg +0.099% → +0.029% if it goes back

Costs−$350.350% of $10k · taker + slippage, in and out

Result+$17+0.17%no pointsWhat 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+0.128%

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 32 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Watch: Large against open interest7.1 / 5.2 bp
$10k is over 10% of Polymarket Perps’s open interest.
Note: Margin at max leverage$3,333 + $2,500
Polymarket Perps 3x, 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: +$26.44Long Polymarket Perps: 24 payments, −$3.00; short Arcus: 24 payments, +$29.44.
OK: Entry gap works for you+0.128% vs +0.099%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$52K vs $82K OI
Polymarket Perps sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPolymarket Perps 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 earned+0.0678%/8h × 21 periods+$142.43

Price spread+0.128% → +0.099% (7d avg)+$2.90

Slippage, 4 orderslive order books−$22.50

Fee Polymarket Perps bp × 2 orders−$8.00

Fee Arcus bp × 2 orders−$4.50

Net · 7 days · $10k+$110.33

Costs to cover0.350%Break-even1.6 days

Slippage: Polymarket Perps: live order book, 12 min ago; Arcus: live order book, 61 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPolymarket Perps2.767.1 bp−$710.2 bp−$102doesn’t fitdoesn’t fit

SELL · SHORTArcus1.335.2 bp−$518.1 bp−$181doesn’t fitdoesn’t fit

Closing costs about the same again.

PONS news

posts that mention PONS, from every exchangeSearch all news →

09-29 11:00	gTrade (Gains Network)	Listing	PONS/USD no longer reported ($PONS) seen by our collector
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
09-25 11:16	Kraken Futures	Listing	new market PF_PONSUSD ($PONS) seen by our collector
09-22 17:11	Avantis	Listing	new market PONS/USD ($PONS) seen by our collector
09-22 13:03	Bybit	Other	📣 $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 ↗