PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.057%

Price spread now: OKX against Popdex−0.017%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$2362.357% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.231%+$23 on $10k

Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.017%, 7d avg −0.035%

Together, before fees+0.275%+$28 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex PONSUSDT	0.5902	0.0096	pay 0.0012% / 1h	25m 31s	$21K	$446K	20x
Short	OKX PONS-USDT-SWAP	0.5901	0.0100	get 0.0050% / 4h	2h 25m	$13.4M	$56.1M	20x

Funding history

latest

Range statsloading…

OKX against Popdex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee PopdexbpFee OKXbpOrdersPrice spread, now −0.017%Rate

Slippage from Popdex: live order book, 63 min ago; OKX: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Popdex live order book, 63 min ago	7.52 bp	104.3 bp −$104	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.85 bp	13.7 bp −$14	33.5 bp −$335	doesn't fit	doesn't fit

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 +0.0032% / S −0.0034%	1h	0.5900	−0.028%	$216K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0066%	1h	0.5920	+0.298%	$609	$6K	5.5x	as long as short
Popdex PONSUSDTlong	+0.0096%	1h	0.5902	long leg	$21K	$446K	20x
Nado PONS-PERP	+0.0100%	1h	0.5906	+0.073%	$89K	$103K	5x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.5899	−0.051%	$17.6M	$31.8M	20x	as long as short
OKX PONS-USDT-SWAPshort	+0.0100%	4h	0.5901	−0.017%	$13.4M	$56.1M	20x
KuCoin PONSUSDTM	+0.0100%	4h	0.5903	+0.017%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0100%	4h	0.5904	+0.039%	$4.6M	$11.7M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.5903	+0.021%	$1.3M	$4.3M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5907	+0.080%	$34K	$332K	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5916	+0.239%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5908	+0.103%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5907	+0.086%	$27K	$549K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5913	+0.183%	$64K	$504K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5899	−0.051%	$1.6M	$3.3M	20x	as long as short
Aevo PONS-PERP	+0.0128%	1h	0.5908	+0.106%	$368	—	3x	as long as short
BingX PONS-USDT	+0.0182%	4h	0.5902	0.000%	—	$3.1M	—	as long as short
Binance PONSUSDT	+0.0183%	4h	0.5903	+0.017%	$38.4M	$98.3M	20x	as long as short
Extended PONS-USD	+0.0184%	1h	0.5903	+0.020%	$105K	$533K	5x	as long as short
MEXC PONS_USDT	+0.0184%	4h	0.5903	+0.017%	$7.5M	$5.2M	20x	as long as short
edgeX PONSUSDC	+0.0199%	4h	0.5907	+0.093%	$21K	$292K	10x	as long as short
Aster PONSUSDT	+0.0208%	4h	0.5905	+0.051%	$1.1M	$2.2M	20x	as long as short
Polymarket Perps PONS-USD	+0.0344%	1h	0.5908	+0.108%	$38K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0424%	4h	0.5909	+0.119%	$1.7M	$967K	20x	as long as short
Pacifica PONS	+0.0474%	1h	0.5904	+0.029%	$47K	$103K	3x	as long as short
Hyperliquid PONS	+0.0503%	1h	0.5906	+0.061%	$59.1M	$30.1M	3x	as long as short
Gate PONS_USDT	+0.0580%	4h	0.5901	−0.017%	$5.2M	$6.8M	20x	as long as short
Lighter RH PONS	+0.0640%	1h	0.5905	+0.053%	$396K	$2.6M	3x	as long as short
Lighter PONS	+0.1080%	1h	0.5909	+0.127%	$1.7M	$882K	3x	as long as short
Phoenix PONS	+0.1275%	1h	0.5912	+0.164%	$27K	$86K	3x	as long as short