PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0639%/8h= +70.0% APRpaid last 24h +0.148%

Price spread now: Polymarket Perps against SunX−0.035%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$202as in the Funding arb table

Net, price: spread back to 7d avg − costs−$260as in the Price arb table

costs, in and out, $10k−$2602.598% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.577%+$58 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.035%, 7d avg −0.038%

Together, before fees+0.490%+$49 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: +$19 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	0.5922	0.0100	pay 0.0050% / 4h	2h 00m	—	$1.3M	10x
Short	Polymarket Perps PONS-USD	0.5920	0.0739	get 0.0092% / 1h	0m 07s	$87K	$1.9M	3x

Funding history

latest

Range statsloading…

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.035%Rate

Slippage from SunX: live order book, 4 min ago; Polymarket Perps: live order book, 4 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, 4 min ago	105.07 bp	124.0 bp −$124	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.10 bp	5.1 bp −$5	8.0 bp −$80	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/USD	L +0.0033% / S −0.0032%	1h	0.5915	−0.121%	$235K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+0.797%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5917	−0.081%	$409K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5924	+0.029%	$21K	$422K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5926	+0.068%	$2K	$3K	10x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5925	+0.042%	$69K	$131K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5905	−0.295%	$29K	$329K	5x	as long as short
SunX PONS-USDTlong	+0.0100%	4h	0.5922	long leg	—	$1.3M	10x
SoDEX PONS-USD	+0.0100%	1h	0.5919	−0.047%	$26K	$589K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5916	−0.111%	$64K	$525K	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	0.5919	−0.056%	$1.6M	$3.2M	20x	as long as short
Gate PONS_USDT	+0.0190%	4h	0.5915	−0.123%	$5.3M	$6.4M	20x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.5913	−0.155%	$368	—	3x	as long as short
Hyperliquid PONS	+0.0237%	1h	0.5917	−0.089%	$60.1M	$29.6M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0418%	4h	0.5912	−0.174%	$13.4M	$55.7M	20x	as long as short
Aster PONSUSDT	+0.0483%	4h	0.5922	−0.003%	$1.1M	$2.2M	20x	as long as short
MEXC PONS_USDT	+0.0588%	4h	0.5918	−0.073%	$7.5M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0589%	4h	0.5919	−0.056%	$37.3M	$98.6M	20x	as long as short
Extended PONS-USD	+0.0592%	1h	0.5918	−0.068%	$101K	$811K	5x	as long as short
edgeX PONSUSDC	+0.0600%	4h	0.5911	−0.190%	$20K	$296K	10x	as long as short
Bitget PONSUSDT	+0.0650%	4h	0.5917	−0.091%	$4.7M	$12.3M	20x	as long as short
Variational Omni PONS	+0.0651%	4h	0.5917	−0.083%	$1.4M	$4.1M	—	as long as short
KuCoin PONSUSDTM	+0.0684%	4h	0.5918	−0.073%	$1.6M	$3.8M	20x	as long as short
Pacifica PONS	+0.0715%	1h	0.5925	+0.038%	$45K	$69K	3x	as long as short
Polymarket Perps PONS-USDshort	+0.0739%	1h	0.5920	−0.035%	$87K	$1.9M	3x
BloFin PONS-USDT	+0.0829%	4h	0.5920	−0.039%	$1.7M	$959K	20x	as long as short
Lighter PONS	+0.0840%	1h	0.5921	−0.022%	$1.7M	$947K	3x	as long as short
BingX PONS-USDT	+0.0898%	4h	0.5916	−0.106%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0923%	4h	0.5915	−0.123%	$17.6M	$31.5M	20x	as long as short
Phoenix PONS	+0.1719%	1h	0.5909	−0.231%	$45K	$121K	3x	as long as short