PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXPONS-USDT	0.5494	+0.0100	pay 0.0050% / 4h	1h 45m	—	$605K	10x	Long SunX≤10% back
SHORT	ArcusPONS-USD	0.5496	+0.1121	get 0.0140% / 1h	45m 30s	$77K	$205K	4x	Short Arcus5% off

Price gap+0.022%

Funding gap+0.1021% /8h

Funding pays +$31 a day on $10k, but the gap is 0.071% under its 7d average: −$7 if it goes back, about 6 hours of funding.

If you open now and hold

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

Funding+$53+0.1021% /8h now · paid +0.533% over the last 2 days (all we have)

Price−$7spread +0.022% now, avg +0.093% → −0.071% if it goes back

Costs−$2712.710% of $10k · taker + slippage, in and out

Result−$225−2.25%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+0.022%

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

1 ok · 4 to watch

Watch: Thin at this size123.0 / 12.6 bp
At $10k entering SunX costs 123.0 bp, fee and slippage, 9.8× Arcus’s.
Note: Margin at max leverage$1,000 + $2,500
SunX 10x, Arcus 4x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$30.63Long SunX: 6 payments, −$3.00; short Arcus: 24 payments, +$33.63.
Watch: Gap narrower than usual+0.022% vs +0.093%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner— vs $77K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legSunX 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+0.0720%/8h × 21 periods+$151.19

Price spread+0.022% → +0.093% (7d avg)−$7.14

Slippage, 4 orderslive order books−$258.52

Fee SunX bp × 2 orders−$8.00

Fee Arcus bp × 2 orders−$4.50

Net · 7 days · $10k−$126.97

Costs to cover2.710%Break-even12.9 days

Slippage: SunX: live order book, 6 min ago; Arcus: live order book, 14 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX104.52123.0 bp−$123doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTArcus8.7012.6 bp−$1325.1 bp−$251doesn’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 ↗