PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SoDEXPONS-USD	0.5392	+0.0100	pay 0.0013% / 1h	14m 44s	$8K	$1.3M	3x	Long SoDEX
SHORT	ArcusPONS-USD	0.5396	+0.0767	get 0.0096% / 1h	14m 44s	$51K	$191K	4x	Short Arcus5% off

Price gap+0.085%

Funding gap+0.0667% /8h

Funding trade: +$20 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

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

Funding+$42+0.0667% /8h now · paid +0.425% over the last 2 days (all we have)

Price$0spread +0.085% now, avg +0.087% → −0.002% if it goes back

Costs−$1511.509% of $10k · taker + slippage, in and out

Result−$109−1.09%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Entry / ExitSoDEX: thin, under $1M open interest · Arcus: thin, under $1M open interest

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+0.085%

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

2 ok · 2 to watch

Watch: Thin at this size66.0 / 9.7 bp
At $10k entering SoDEX costs 66.0 bp, fee and slippage, 6.8× Arcus’s.
Note: Margin at max leverage$3,333 + $2,500
SoDEX 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: +$20.00Long SoDEX: 24 payments, −$3.00; short Arcus: 24 payments, +$23.00.
Note: Gap at its usual level+0.085% vs +0.087%
The price leg adds little either way.
Watch: Long leg is thinner$8K vs $51K OI
SoDEX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legSoDEX 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+0.0743%/8h × 21 periods+$155.95

Price spread+0.085% → +0.087% (7d avg)−$0.15

Slippage, 4 orderslive order books−$138.37

Fee SoDEX bp × 2 orders−$8.00

Fee Arcus bp × 2 orders−$4.50

Net · 7 days · $10k+$4.93

Costs to cover1.509%Break-even6.8 days

Slippage: SoDEX: live order book, 4 min ago; Arcus: live order book, 23 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSoDEX1.8666.0 bp−$66doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTArcus6.529.7 bp−$1020.3 bp−$203doesn’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 ↗