PONS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowPONS-USDC	0.2310	+0.0100	pay 0.0013% / 1h	12m 43s	$68K	$226K	10x	Long TxFlow5% off
SHORT	NadoPONS-PERP	0.2313	+0.0100	get 0.0012% / 1h	12m 43s	$143K	$86K	5x	Short Nado20% off

Price gap+0.124%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.088% under its 7d average: the price leg works against you, −$9 on $10k if it goes back.

If you open now and hold

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

Funding−$700.0000% /8h now · paid −0.704% over the last 7D

Price−$9spread +0.124% now, avg +0.211% → −0.088% if it goes back

Costs−$1001.002% of $10k · taker + slippage, in and out

Result−$179−1.79%+ Points / potential airdropTxFlow: points · Nado: points · farm boardWhat 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+0.124%

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 35 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size16.4 / 25.3 bp
At $10k entering Nado costs 25.3 bp, fee and slippage, 1.5× TxFlow’s.
Note: Margin at max leverage$1,000 + $2,000
TxFlow 10x, Nado 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long TxFlow: 24 payments, −$3.00; short Nado: 24 payments, +$3.00.
Watch: Gap narrower than usual+0.124% vs +0.211%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$68K vs $143K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · Nado points
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Nado 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−0.0335%/8h × 21 periods−$70.40

Price spread+0.124% → +0.211% (7d avg)−$8.77

Slippage, 4 orderslive order books−$84.18

Fee TxFlow bp × 2 orders−$9.00

Fee Nado bp × 2 orders−$7.00

Net · 7 days · $10k−$179.35

Costs to cover1.002%Break-evennever at this rate

Slippage: TxFlow: live order book, 7 min ago; Nado: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow2.1916.4 bp−$1680.6 bp−$806doesn’t fitdoesn’t fit

SELL · SHORTNado14.6525.3 bp−$25doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

PONS news

posts that mention PONS, from every exchangeSearch all news →

10-22 07:46	Phemex	Listing	Spot New Listing - robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571 \| @ponsdotfamily - Trading Pair: PONS/USDT - Trading Starts: 9:00 UTC, 22 Oct Trade it here ➡️ @Phemex_official on X ↗
10-15 10:02	Deribit	Listing	🚨 Now live on Deribit: PONS and CASHCAT USDC settled perpetuals. ↓ @DeribitOfficial on X ↗
10-15 10:01	Deribit	Listing	new market PONS_USDC-PERPETUAL ($PONS) seen by our collector
10-05 02:16	SoDEX	Other	📊 SoDEX 24h Movers \| Mon, Oct 5 73 of 92 perp markets are higher. Can the broad advance hold through this week's macro releases? Market notes $AXS: Price rose on declining volume, alongside negative funding and net exchange inflows. The advance lacked stronger volume confirmation. $PENGU: Stonk launched a "Community Coins" mode on Solana, making PENGU holders eligible to share rewards from newly issued meme tokens. $PONS: Trader Bonk Guy's portfolio is down ~$13.9M from its Sept 6 peak. PONS remains his largest holding at $4.51M. This week's watchlist Mon, Oct 5, 14:00 UTC: US ISM Services PMI Wed, Oct 7, 18:00 UTC: FOMC minutes Fri, Oct 9: Michigan consumer sentiment preliminary release 73 up / 19 down / 0 flat across 92 perp markets. 24 also trade spot. Trade 👉 @sodex_official on X ↗
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