PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0338%/8h= −37.0% APRnext payment −$1.69 per $10,000 · paid last 24h −0.129%

Price spread now: Orderly against BingX+0.064%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.064% dearer against BingX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PONS-USDT	0.6058	0.0438	pay 0.0219% / 4h	2h 01m	—	$3.0M	—
Short	Orderly PERP_PONS_USDC_mythos	0.6062	0.0100	get 0.0050% / 4h	2h 01m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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 BingXbpFee OrderlybpOrdersPrice spread, now +0.064%Rate

Funding earned: −$70.98
Price spread: +0.064% → 0.000%: $6.44
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$80.54
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 3 min ago; Orderly: no order-book sample. 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 BingX live order book, 3 min ago	0.82 bp	12.8 bp −$13	34.9 bp −$349	400.3 bp −$40.0K	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 29 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 −0.0033%	1h	0.6051	−0.122%	$240K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.461%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6064	+0.099%	$20K	$422K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6054	−0.059%	$1.4M	$3.9M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6060	+0.041%	$33K	$352K	5x	as long as short
Orderly PERP_PONS_USDC_mythosshort	+0.0100%	4h	0.6062	+0.064%	$2K	$3K	10x
SunX PONS-USDT	+0.0100%	4h	0.6065	+0.116%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6058	0.000%	$26K	$520K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6071	+0.215%	$65K	$508K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6054	−0.066%	$1.7M	$3.2M	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PONS	+0.0176%	1h	0.6055	−0.045%	$425K	$2.5M	3x	as long as short
Aevo PONS-PERP	+0.0192%	1h	0.6050	−0.124%	$377	—	3x	as long as short
Lighter PONS	+0.0248%	1h	0.6054	−0.064%	$1.7M	$889K	3x	as long as short
OKX PONS-USDT-SWAP	+0.0256%	4h	0.6052	−0.099%	$13.9M	$54.6M	20x	as long as short
Nado PONS-PERP	+0.0276%	1h	0.6063	+0.079%	$71K	$131K	5x	as long as short
KuCoin PONSUSDTM	+0.0294%	4h	0.6058	+0.002%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0364%	4h	0.6056	−0.035%	$4.7M	$11.2M	20x	as long as short
BingX PONS-USDTlong	+0.0438%	4h	0.6058	long leg	—	$3.0M	—
edgeX PONSUSDC	+0.0440%	4h	0.6058	−0.002%	$21K	$292K	10x	as long as short
Aster PONSUSDT	+0.0447%	4h	0.6059	+0.024%	$1.1M	$2.0M	20x	as long as short
MEXC PONS_USDT	+0.0450%	4h	0.6059	+0.017%	$7.8M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0456%	4h	0.6060	+0.033%	$39.6M	$93.9M	20x	as long as short
Extended PONS-USD	+0.0456%	1h	0.6057	−0.012%	$250K	$670K	5x	as long as short
Bybit PONSUSDT	+0.0486%	4h	0.6055	−0.050%	$18.1M	$30.3M	20x	as long as short
Hyperliquid PONS	+0.0722%	1h	0.6056	−0.030%	$61.7M	$27.8M	3x	as long as short
Polymarket Perps PONS-USD	+0.0784%	1h	0.6064	+0.094%	$48K	$1.5M	3x	as long as short
Gate PONS_USDT	+0.0826%	4h	0.6053	−0.083%	$5.3M	$6.2M	20x	as long as short
Pacifica PONS	+0.0869%	1h	0.6058	+0.006%	$48K	$75K	3x	as long as short
Phoenix PONS	+0.1695%	1h	0.6052	−0.102%	$31K	$107K	3x	as long as short