PONS

Alert

Funding spread now, next payment 14:00 UTC−0.0270%/8h

paid, last 24h−0.029%paid, last 5 days−0.085%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.085% in total (about -6.9% a year). A funding rate is set anew for every payment. 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	Aster PONSUSDT	0.6429	0.0534	pay 0.0267% / 4h	2h 39m	$1.2M	$2.1M	20x
Short	Aevo PONS-PERP	0.6426	0.0264	get 0.0033% / 1h	39m 08s	$400	—	3x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee AevobpOrdersRate

Funding earned: −$56.63
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$80.63
Break-even: never at this rate

Slippage unknown: Aster: live order book, 1 min ago; Aevo: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.052%
Avg gap 7d: —

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 Aster live order book, 1 min ago	4.20 bp	10.2 bp −$10	29.1 bp −$291	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0030%	1h	$236K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	$590	$18K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	$20K	$457K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$41K	$322K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	$2K	$2K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	—	$1.1M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$29K	$466K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$71K	$483K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	$1.8M	$3.4M	20x	as long as short
Aevo PONS-PERPshort	+0.0264%	1h	$400	—	3x

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0294%	4h	$15.7M	$58.1M	20x	as long as short
Aster PONSUSDTlong	+0.0534%	4h	$1.2M	$2.1M	20x
KuCoin PONSUSDTM	+0.0538%	4h	$2.0M	$1.8M	20x	as long as short
Variational Omni PONS	+0.0599%	4h	$1.9M	$3.5M	—	as long as short
MEXC PONS_USDT	+0.0726%	4h	$8.9M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0727%	4h	$43.4M	$91.4M	20x	as long as short
Extended PONS-USD	+0.0728%	1h	$179K	$359K	5x	as long as short
edgeX PONSUSDC	+0.0768%	4h	$22K	$289K	10x	as long as short
Bitget PONSUSDT	+0.0804%	4h	$5.1M	$9.6M	20x	as long as short
Pacifica PONS	+0.0815%	1h	$49K	$143K	3x	as long as short
Bybit PONSUSDT	+0.0815%	4h	$20.9M	$26.0M	20x	as long as short
BingX PONS-USDT	+0.0858%	4h	—	$2.9M	—	as long as short
Nado PONS-PERP	+0.0921%	1h	$109K	$66K	5x	as long as short
Polymarket Perps PONS-USD	+0.0967%	1h	$65K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0967%	4h	$2.0M	$888K	20x	as long as short
Lighter PONS	+0.1000%	1h	$1.8M	$738K	3x	as long as short
Lighter RH PONS	+0.1032%	1h	$448K	$2.1M	3x	as long as short
Phoenix PONS	+0.1558%	1h	$26K	$51K	3x	as long as short
Hyperliquid PONS	+0.1948%	1h	$64.6M	$24.1M	3x	as long as short
Gate PONS_USDT	+0.3456%	4h	$5.7M	$7.0M	20x	as long as short