PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0513%/8h= −56.1% APRnext payment −$2.56 per $10,000 · paid last 24h −0.075%

Price spread now: HTX against Variational Omni+0.046%7-day average +0.039% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.139%−$14 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now +0.046%, 7d avg +0.039%

Together, before fees−0.139%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.139% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PONS	0.5828	0.0613	pay 0.0306% / 4h	2h 23m	$1.3M	$4.1M	—
Short	HTX PONS-USDT	0.5831	0.0100	get 0.0050% / 4h	2h 23m	$64K	$525K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee HTXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$107.64
Price spread: +0.046% → +0.039%: $0.64
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$119.01
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, just now; HTX: live order book, 25 min ago. Net counts fees only.

Cost to enter

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, just now	4.30 bp	doesn't fit	45.6 bp −$456	doesn't fit	doesn't fit
Sell HTX live order book, 25 min ago	39.41 bp	174.0 bp −$174	doesn't fit	doesn't fit	doesn't fit

PONS on 30 venues

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	0.5808	−0.336%	$231K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+2.427%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5801	−0.461%	$413K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5822	−0.104%	$19K	$425K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5822	−0.110%	$2K	$3K	10x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5818	−0.177%	$68K	$131K	5x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.5793	−0.601%	$5.2M	$6.3M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5912	+1.442%	$29K	$331K	5x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5811	−0.299%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5816	−0.201%	$25K	$577K	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PONS-USDTshort	+0.0100%	4h	0.5831	+0.046%	$64K	$525K	20x
Phemex PONSUSDT	+0.0100%	4h	0.5820	−0.138%	$1.6M	$3.2M	20x	as long as short
Hyperliquid PONS	+0.0221%	1h	0.5805	−0.388%	$59.1M	$29.3M	3x	as long as short
Aevo PONS-PERP	+0.0224%	1h	0.5811	−0.297%	$362	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0386%	4h	0.5799	−0.498%	$13.2M	$54.7M	20x	as long as short
Aster PONSUSDT	+0.0451%	4h	0.5800	−0.478%	$1.1M	$2.2M	20x	as long as short
Lighter PONS	+0.0536%	1h	0.5806	−0.378%	$1.6M	$931K	3x	as long as short
Extended PONS-USD	+0.0584%	1h	0.5798	−0.508%	$99K	$817K	5x	as long as short
MEXC PONS_USDT	+0.0584%	4h	0.5801	−0.464%	$7.4M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0587%	4h	0.5799	−0.498%	$36.8M	$98.0M	20x	as long as short
Bitget PONSUSDT	+0.0588%	4h	0.5799	−0.493%	$4.6M	$12.1M	20x	as long as short
Variational Omni PONSlong	+0.0613%	4h	0.5828	long leg	$1.3M	$4.1M	—
edgeX PONSUSDC	+0.0623%	4h	0.5888	+1.029%	$20K	$294K	10x	as long as short
Pacifica PONS	+0.0715%	1h	0.5801	−0.458%	$44K	$69K	3x	as long as short
KuCoin PONSUSDTM	+0.0722%	4h	0.5802	−0.440%	$1.6M	$3.8M	20x	as long as short
Polymarket Perps PONS-USD	+0.0760%	1h	0.5822	−0.107%	$133K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0825%	4h	0.5839	+0.188%	$1.7M	$934K	20x	as long as short
BingX PONS-USDT	+0.0834%	4h	0.5798	−0.515%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0941%	4h	0.5799	−0.498%	$17.4M	$31.5M	20x	as long as short
Phoenix PONS	+0.1719%	1h	0.5822	−0.098%	$44K	$121K	3x	as long as short