PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.093%

Price spread now: KuCoin against SoDEX+0.003%7-day average −0.017% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$1831.828% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.204%+$20 on $10k

Price spread, last 3 days (all we have)−0.125%−$12 · spread now +0.003%, 7d avg −0.017%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$1 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	0.6117	0.0100	pay 0.0013% / 1h	26m 10s	$28K	$546K	3x
Short	KuCoin PONSUSDTM	0.6117	0.0124	get 0.0062% / 4h	26m 10s	$1.8M	$3.7M	20x

Funding history

latest

Range statsloading…

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.003%Rate

Slippage from SoDEX: live order book, 52 min ago; KuCoin: live order book, 6 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, 52 min ago	1.67 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	1.72 bp	22.0 bp −$22	114.3 bp −$1,143	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
Injective PONS/USDC PERP	−0.0047%	1h	0.5969	−2.411%	$614	$10K	5.5x	as long as short
gTrade (Gains Network) PONS/USD	L +0.0033% / S −0.0033%	1h	0.6112	−0.082%	$242K	—	150x	as long as short
Lighter RH PONS	+0.0096%	1h	0.6120	+0.047%	$429K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6121	+0.065%	$20K	$436K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6126	+0.147%	$88K	$107K	5x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.6116	−0.016%	$18.4M	$31.6M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.6118	+0.016%	$13.9M	$58.1M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6129	+0.201%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6144	+0.440%	$34K	$359K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6127	+0.162%	$2K	$3K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX PONS-USDT	+0.0100%	4h	0.6122	+0.078%	—	$1.4M	10x	as long as short
SoDEX PONS-USDlong	+0.0100%	1h	0.6117	long leg	$28K	$546K	3x
HTX PONS-USDT	+0.0100%	4h	0.6133	+0.270%	$65K	$509K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6118	+0.016%	$1.7M	$3.3M	20x	as long as short
KuCoin PONSUSDTMshort	+0.0124%	4h	0.6117	+0.003%	$1.8M	$3.7M	20x
Bitget PONSUSDT	+0.0148%	4h	0.6118	+0.021%	$4.8M	$11.7M	20x	as long as short
Aster PONSUSDT	+0.0158%	4h	0.6122	+0.082%	$1.1M	$2.2M	20x	as long as short
Aevo PONS-PERP	+0.0160%	1h	0.6123	+0.104%	$381	—	3x	as long as short
Binance PONSUSDT	+0.0302%	4h	0.6121	+0.065%	$40.1M	$98.6M	20x	as long as short
Lighter PONS	+0.0304%	1h	0.6119	+0.031%	$1.7M	$923K	3x	as long as short
Extended PONS-USD	+0.0304%	1h	0.6123	+0.099%	$253K	$682K	5x	as long as short
MEXC PONS_USDT	+0.0304%	4h	0.6119	+0.033%	$8.1M	$4.9M	20x	as long as short
BingX PONS-USDT	+0.0308%	4h	0.6115	−0.033%	—	$3.0M	—	as long as short
edgeX PONSUSDC	+0.0308%	4h	0.6133	+0.259%	$21K	$292K	10x	as long as short
BloFin PONS-USDT	+0.0546%	4h	0.6140	+0.376%	$1.8M	$1.0M	20x	as long as short
Polymarket Perps PONS-USD	+0.0662%	1h	0.6123	+0.095%	$42K	$1.7M	3x	as long as short
Hyperliquid PONS	+0.0876%	1h	0.6120	+0.049%	$62.2M	$30.5M	3x	as long as short
Pacifica PONS	+0.0899%	1h	0.6133	+0.263%	$48K	$96K	3x	as long as short
Phoenix PONS	+0.1307%	1h	0.6125	+0.134%	$31K	$102K	3x	as long as short
Gate PONS_USDT	+0.2376%	4h	0.6118	+0.016%	$5.4M	$6.3M	20x	as long as short