PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance0.000%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$380.382% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now 0.000%, 7d avg −0.001%

Together, before fees−0.015%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PONSUSDT	0.6292	0.0691	pay 0.0345% / 4h	3h 21m	$41.5M	$104.2M	20x
Short	MEXC PONS_USDT	0.6292	0.0664	get 0.0332% / 4h	3h 21m	$8.1M	$4.7M	20x

Funding history

latest

Range statsloading…

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 1 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 6 min ago	1.61 bp	14.6 bp −$15	57.6 bp −$576	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.58 bp	4.5 bp −$4	11.5 bp −$115	393.9 bp −$39.4K	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 +0.0032% / S −0.0030%	1h	0.6300	+0.123%	$245K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	−5.618%	$610	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6313	+0.334%	$23K	$437K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6310	+0.286%	$73K	$130K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6217	−1.197%	$31K	$290K	5x	as long as short
Polymarket Perps PONS-USD	+0.0100%	1h	0.6297	+0.072%	$74K	$2.2M	3x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6321	+0.461%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6314	+0.351%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6310	+0.278%	$27K	$628K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6326	+0.536%	$67K	$528K	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	0.6304	+0.191%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0240%	1h	0.6313	+0.336%	$393	—	3x	as long as short
Hyperliquid PONS	+0.0315%	1h	0.6285	−0.111%	$64.4M	$30.5M	3x	as long as short
Lighter RH PONS	+0.0432%	1h	0.6292	−0.003%	$429K	$2.7M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0442%	4h	0.6299	+0.111%	$14.4M	$61.0M	20x	as long as short
Aster PONSUSDT	+0.0461%	4h	0.6301	+0.149%	$1.1M	$2.3M	20x	as long as short
KuCoin PONSUSDTM	+0.0488%	4h	0.6288	−0.057%	$1.7M	$4.1M	20x	as long as short
Variational Omni PONS	+0.0562%	4h	0.6214	−1.235%	$1.6M	$4.5M	—	as long as short
Lighter PONS	+0.0568%	1h	0.6294	+0.027%	$1.8M	$871K	3x	as long as short
edgeX PONSUSDC	+0.0662%	4h	0.6252	−0.629%	$21K	$291K	10x	as long as short
MEXC PONS_USDTshort	+0.0664%	4h	0.6292	0.000%	$8.1M	$4.7M	20x
Extended PONS-USD	+0.0680%	1h	0.6293	+0.022%	$106K	$819K	5x	as long as short
Binance PONSUSDTlong	+0.0691%	4h	0.6292	long leg	$41.5M	$104.2M	20x
Bitget PONSUSDT	+0.0732%	4h	0.6291	−0.017%	$5.1M	$13.3M	20x	as long as short
Pacifica PONS	+0.0853%	1h	0.6286	−0.094%	$47K	$78K	3x	as long as short
BloFin PONS-USDT	+0.0905%	4h	0.6280	−0.191%	$1.8M	$1.1M	20x	as long as short
BingX PONS-USDT	+0.0976%	4h	0.6285	−0.111%	—	$3.2M	—	as long as short
Bybit PONSUSDT	+0.1073%	4h	0.6287	−0.079%	$19.1M	$33.4M	20x	as long as short
Gate PONS_USDT	+0.1620%	4h	0.6282	−0.159%	$5.4M	$6.4M	20x	as long as short
Phoenix PONS	+0.1714%	1h	0.6229	−1.009%	$47K	$159K	3x	as long as short