PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h −0.019%

Price spread now: gTrade (Gains Network) against SoDEX−0.144%7-day average −0.145% · 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−$4,720as in the Price arb table

costs, in and out, $10k−$4,72047.200% of the position

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)−0.021%−$2 on $10k

Price spread, last 3 days (all we have)−0.165%−$17 · spread now −0.144%, 7d avg −0.145%

Together, before fees−0.187%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.145%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX PONS-USD	0.6085	0.0100	pay 0.0013% / 1h	36m 34s	$28K	$552K	3x
Short	gTrade (Gains Network) PONS/USD	0.6076	L +0.0033% / S −0.0033%	get 0.0004% / 1h	36m 34s	$241K	—	150x

Funding history

latest

Range statsloading…

gTrade (Gains Network) against SoDEX. 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 SoDEXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.144%Rate

Slippage from SoDEX: live order book, 37 min ago; gTrade (Gains Network): virtual book (oracle venue), 37 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX live order book, 37 min ago	0.82 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 37 min ago	130.01 bp	2471.1 bp −$2,471	doesn't fit	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/USDshort	L +0.0033% / S −0.0033%	1h	0.6076	−0.144%	$241K	—	150x
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.892%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.6087	+0.046%	$431K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6083	−0.026%	$20K	$415K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6080	−0.083%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6081	−0.056%	$33K	$358K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6090	+0.084%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6085	−0.002%	—	$1.4M	10x	as long as short
SoDEX PONS-USDlong	+0.0100%	1h	0.6085	long leg	$28K	$552K	3x
HTX PONS-USDT	+0.0100%	4h	0.6096	+0.189%	$65K	$511K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.6083	−0.026%	$1.7M	$3.2M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0135%	4h	0.6084	−0.010%	$13.8M	$57.1M	20x	as long as short
KuCoin PONSUSDTM	+0.0168%	4h	0.6083	−0.021%	$1.8M	$3.7M	20x	as long as short
Aevo PONS-PERP	+0.0168%	1h	0.6084	−0.010%	$379	—	3x	as long as short
Bitget PONSUSDT	+0.0218%	4h	0.6089	+0.074%	$4.7M	$11.5M	20x	as long as short
Aster PONSUSDT	+0.0230%	4h	0.6086	+0.028%	$1.1M	$2.2M	20x	as long as short
Extended PONS-USD	+0.0336%	1h	0.6083	−0.031%	$252K	$683K	5x	as long as short
MEXC PONS_USDT	+0.0336%	4h	0.6088	+0.056%	$7.9M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0338%	4h	0.6083	−0.026%	$39.8M	$97.0M	20x	as long as short
edgeX PONSUSDC	+0.0350%	4h	0.6084	−0.010%	$21K	$293K	10x	as long as short
Lighter PONS	+0.0496%	1h	0.6088	+0.056%	$1.7M	$896K	3x	as long as short
BloFin PONS-USDT	+0.0578%	4h	0.6078	−0.108%	$1.7M	$1.0M	20x	as long as short
Nado PONS-PERP	+0.0595%	1h	0.6084	−0.010%	$105K	$115K	5x	as long as short
BingX PONS-USDT	+0.0628%	4h	0.6086	+0.023%	—	$3.1M	—	as long as short
Pacifica PONS	+0.0665%	1h	0.6088	+0.060%	$48K	$87K	3x	as long as short
Gate PONS_USDT	+0.0716%	4h	0.6082	−0.043%	$5.3M	$6.2M	20x	as long as short
Bybit PONSUSDT	+0.0717%	4h	0.6080	−0.076%	$18.2M	$31.0M	20x	as long as short
Polymarket Perps PONS-USD	+0.0764%	1h	0.6087	+0.035%	$44K	$1.6M	3x	as long as short
Hyperliquid PONS	+0.0912%	1h	0.6090	+0.092%	$61.9M	$29.2M	3x	as long as short
Phoenix PONS	+0.1608%	1h	0.6083	−0.018%	$31K	$113K	3x	as long as short