PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.39 per $10,000 · paid last 24h +0.098%

Price spread now: Binance against SunX−0.020%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$232as in the Funding arb table

Net, price: spread back to 7d avg − costs−$275as in the Price arb table

costs, in and out, $10k−$2772.768% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.450%+$45 on $10k

Price spread, last 3 days (all we have)−0.480%−$48 · spread now −0.020%, 7d avg −0.038%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, 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	SunX PONS-USDT	0.5910	0.0100	pay 0.0050% / 4h	2h 15m	—	$1.4M	10x
Short	Binance PONSUSDT	0.5909	0.0177	get 0.0089% / 4h	2h 15m	$38.4M	$98.3M	20x

Funding history

latest

Range statsloading…

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now −0.020%Rate

Slippage from SunX: live order book, 9 min ago; Binance: live order book, 12 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 9 min ago	105.12 bp	123.9 bp −$124	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.69 bp	15.0 bp −$15	53.6 bp −$536	270.4 bp −$27.0K	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	0.5903	−0.127%	$216K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0066%	1h	0.5920	+0.159%	$609	$6K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5910	−0.003%	$21K	$444K	20x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.5905	−0.088%	$17.7M	$31.8M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.5907	−0.054%	$13.4M	$56.2M	20x	as long as short
KuCoin PONSUSDTM	+0.0100%	4h	0.5905	−0.093%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0100%	4h	0.5912	+0.025%	$4.6M	$11.7M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.5901	−0.161%	$1.3M	$4.3M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5904	−0.105%	$34K	$334K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5917	+0.117%	$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-USDTlong	+0.0100%	4h	0.5910	long leg	—	$1.4M	10x
SoDEX PONS-USD	+0.0100%	1h	0.5908	−0.030%	$27K	$549K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5908	−0.044%	$64K	$504K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5901	−0.156%	$1.6M	$3.3M	20x	as long as short
Nado PONS-PERP	+0.0103%	1h	0.5911	+0.010%	$89K	$103K	5x	as long as short
Aevo PONS-PERP	+0.0128%	1h	0.5910	+0.001%	$368	—	3x	as long as short
Extended PONS-USD	+0.0176%	1h	0.5908	−0.033%	$106K	$533K	5x	as long as short
MEXC PONS_USDT	+0.0176%	4h	0.5910	−0.003%	$7.5M	$5.2M	20x	as long as short
Binance PONSUSDTshort	+0.0177%	4h	0.5909	−0.020%	$38.4M	$98.3M	20x
BingX PONS-USDT	+0.0180%	4h	0.5908	−0.037%	—	$3.1M	—	as long as short
Aster PONSUSDT	+0.0189%	4h	0.5907	−0.058%	$1.1M	$2.2M	20x	as long as short
edgeX PONSUSDC	+0.0191%	4h	0.5906	−0.077%	$21K	$293K	10x	as long as short
Polymarket Perps PONS-USD	+0.0369%	1h	0.5911	+0.008%	$37K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0417%	4h	0.5910	−0.003%	$1.7M	$967K	20x	as long as short
Pacifica PONS	+0.0474%	1h	0.5908	−0.042%	$47K	$103K	3x	as long as short
Hyperliquid PONS	+0.0495%	1h	0.5910	+0.001%	$59.2M	$30.1M	3x	as long as short
Lighter RH PONS	+0.0600%	1h	0.5909	−0.015%	$416K	$2.6M	3x	as long as short
Gate PONS_USDT	+0.0764%	4h	0.5905	−0.088%	$5.2M	$6.8M	20x	as long as short
Lighter PONS	+0.1016%	1h	0.5912	+0.036%	$1.7M	$889K	3x	as long as short
Phoenix PONS	+0.1275%	1h	0.5907	−0.059%	$30K	$86K	3x	as long as short