PONS

Alert

Funding spread now, next payment 16:00 UTC+0.0563%/8h

next payment, per $10,000+$0.70paid, last 24h+0.077%paid, last 3 days+0.020%to open and close $10k−$179

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.020% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.70 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	ApeX Omni PONSUSDT	0.6307	0.0100	pay 0.0013% / 1h	39m 09s	$40K	$317K	5x
Short	Nado PONS-PERP	0.6301	0.0663	get 0.0083% / 1h	39m 09s	$114K	$67K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee NadobpOrdersRate

Funding earned: $118.17
Slippage, 4 orders: −$169.48
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Nado: 0 bp × 2 orders: $0
Net: −$61.32
Break-even: 10.6 days

Slippage from ApeX Omni: live order book, 10 min ago; Nado: live order book, 6 min ago.

Price risk

price view

Price gap now: −0.107%
Avg gap 7d: −0.114%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 ApeX Omni live order book, 10 min ago	10.53 bp	18.2 bp −$18	113.4 bp −$1,134	doesn't fit	doesn't fit
Sell Nado live order book, 6 min ago	18.66 bp	47.8 bp −$48	doesn't fit	doesn't fit	doesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0031%	1h	$227K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	$590	$15K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	$20K	$470K	20x	as long as short
Gate PONS_USDT	+0.0100%	4h	$5.7M	$6.9M	20x	as long as short
ApeX Omni PONSUSDTlong	+0.0100%	1h	$40K	$317K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	$2K	$2K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$28K	$482K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$67K	$497K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	$1.7M	$3.3M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0167%	4h	$14.9M	$55.5M	20x	as long as short
Aevo PONS-PERP	+0.0232%	1h	$393	—	3x	as long as short
Lighter RH PONS	+0.0256%	1h	$425K	$2.2M	3x	as long as short
Aster PONSUSDT	+0.0415%	4h	$1.1M	$2.2M	20x	as long as short
KuCoin PONSUSDTM	+0.0468%	4h	$1.8M	$3.1M	20x	as long as short
Pacifica PONS	+0.0472%	1h	$48K	$166K	3x	as long as short
Bitget PONSUSDT	+0.0516%	4h	$4.9M	$10.8M	20x	as long as short
Polymarket Perps PONS-USD	+0.0545%	1h	$76K	$1.8M	3x	as long as short
MEXC PONS_USDT	+0.0600%	4h	$8.2M	$4.9M	20x	as long as short
Extended PONS-USD	+0.0608%	1h	$95K	$536K	5x	as long as short
edgeX PONSUSDC	+0.0609%	4h	$21K	$288K	10x	as long as short
Variational Omni PONS	+0.0609%	4h	$1.8M	$3.4M	—	as long as short
Binance PONSUSDT	+0.0610%	4h	$42.3M	$93.5M	20x	as long as short
Nado PONS-PERPshort	+0.0663%	1h	$114K	$67K	5x
BingX PONS-USDT	+0.0730%	4h	—	$2.9M	—	as long as short
Bybit PONSUSDT	+0.0781%	4h	$20.4M	$26.9M	20x	as long as short
BloFin PONS-USDT	+0.0850%	4h	$1.9M	$921K	20x	as long as short
Hyperliquid PONS	+0.1122%	1h	$64.3M	$26.1M	3x	as long as short
Lighter PONS	+0.1160%	1h	$1.8M	$715K	3x	as long as short
Phoenix PONS	+0.1489%	1h	$26K	$51K	3x	as long as short