data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

PONS

all PONS markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 19:00 UTC+0.0161%/8h
paid, last 24h−0.017%paid, last 7 days−0.136%to open and close $10k−$31
Long on BingXShort on Polymarket Perps
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PONS-USDT0.58300.0262pay 0.0131% / 4h1h 34m—$3.3M—
ShortPolymarket Perps PONS-USD0.58340.0423get 0.0053% / 1h34m 24s$72K$1.8M3x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$33.9
Slippage, 4 orders
−$13.24
Fee BingX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$2.66
Break-even
6.4 days
Slippage from BingX: live order book, 7 min ago; Polymarket Perps: live order book, 6 min ago.

Price risk

price view
Price gap now
+0.067%
Avg gap 7d
+0.004%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago0.86 bp10.6 bp −$1129.1 bp −$291379.6 bp −$38.0Kdoesn't fit
Sell Polymarket Perps live order book, 6 min ago1.20 bp5.3 bp −$58.8 bp −$88doesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate PONS_USDT−0.0138%4h$5.2M$7.2M20xas long as short
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0032%1h$211K—150xas long as short
Injective PONS/USDC PERP+0.0033%1h$590$3K5.5xas long as short
Popdex PONSUSDT+0.0096%1h$20K$512K20xas long as short
Nado PONS-PERP+0.0100%1h$72K$94K5xas long as short
Hyperliquid PONS+0.0100%1h$58.0M$29.8M3xas long as short
Aster PONSUSDT+0.0100%4h$1.1M$2.1M20xas long as short
Bybit PONSUSDT+0.0100%4h$16.9M$31.2M20xas long as short
KuCoin PONSUSDTM+0.0100%4h$1.7M$3.5M20xas long as short
Variational Omni PONS+0.0100%4h$1.3M$4.1M—as long as short
Show all 30 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
ApeX Omni PONSUSDT+0.0100%1h$34K$317K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h—$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h$26K$534K3xas long as short
HTX PONS-USDT+0.0100%4h$62K$500K20xas long as short
Phemex PONSUSDT+0.0100%4h$1.7M$3.3M20xas long as short
Bitget PONSUSDT+0.0134%4h$4.5M$11.6M20xas long as short
Aevo PONS-PERP+0.0144%1h$362—3xas long as short
Pacifica PONS+0.0157%1h$46K$116K3xas long as short
OKX PONS-USDT-SWAP+0.0173%4h$12.9M$55.3M20xas long as short
BingX PONS-USDTlong+0.0262%4h—$3.3M—
Extended PONS-USD+0.0264%1h$87K$542K5xas long as short
MEXC PONS_USDT+0.0264%4h$7.0M$5.3M20xas long as short
Binance PONSUSDT+0.0265%4h$37.6M$99.4M20xas long as short
edgeX PONSUSDC+0.0278%4h$20K$292K10xas long as short
Lighter RH PONS+0.0360%1h$416K$2.4M3xas long as short
Polymarket Perps PONS-USDshort+0.0423%1h$72K$1.8M3x
BloFin PONS-USDT+0.0505%4h$1.7M$975K20xas long as short
Lighter PONS+0.0928%1h$1.7M$868K3xas long as short
Phoenix PONS+0.1299%1h$24K$70K3xas long as short