PONS

Alert

Funding spread now, next payment 20:00 UTC+0.0220%/8h

next payment, per $10,000+$1.10paid, last 24h−0.040%paid, last 7 days+0.070%to open and close $10k−$60

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.10 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	Bitget PONSUSDT	0.6162	0.0258	pay 0.0129% / 4h	3h 28m	$4.7M	$10.8M	20x
Short	Binance PONSUSDT	0.6163	0.0478	get 0.0239% / 4h	3h 28m	$40.9M	$93.4M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersRate

Funding earned: $46.19
Slippage, 4 orders: −$38.13
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.95
Break-even: 9.1 days

Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 1 min ago.

Price risk

price view

Price gap now: +0.021%
Avg gap 7d: +0.023%

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 Bitget live order book, 2 min ago	2.03 bp	20.4 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.81 bp	12.5 bp −$13	41.1 bp −$411	160.7 bp −$16.1K	doesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate PONS_USDT	−0.0186%	4h	$5.5M	$7.4M	20x	as long as short
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0031%	1h	$222K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	$590	$11K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	$19K	$473K	20x	as long as short
Aster PONSUSDT	+0.0100%	4h	$1.1M	$2.1M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$39K	$318K	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	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$27K	$459K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$66K	$491K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	$1.7M	$3.3M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0146%	4h	$14.2M	$54.3M	20x	as long as short
Aevo PONS-PERP	+0.0200%	1h	$382	—	3x	as long as short
KuCoin PONSUSDTM	+0.0250%	4h	$1.8M	$3.1M	20x	as long as short
Bitget PONSUSDTlong	+0.0258%	4h	$4.7M	$10.8M	20x
Nado PONS-PERP	+0.0332%	1h	$111K	$68K	5x	as long as short
Variational Omni PONS	+0.0439%	4h	$1.5M	$3.6M	—	as long as short
BingX PONS-USDT	+0.0476%	4h	—	$3.1M	—	as long as short
Binance PONSUSDTshort	+0.0478%	4h	$40.9M	$93.4M	20x
Extended PONS-USD	+0.0488%	1h	$92K	$539K	5x	as long as short
MEXC PONS_USDT	+0.0488%	4h	$7.6M	$5.1M	20x	as long as short
edgeX PONSUSDC	+0.0515%	4h	$22K	$293K	10x	as long as short
Hyperliquid PONS	+0.0559%	1h	$62.0M	$27.2M	3x	as long as short
Pacifica PONS	+0.0616%	1h	$51K	$123K	3x	as long as short
Polymarket Perps PONS-USD	+0.0628%	1h	$60K	$1.8M	3x	as long as short
Bybit PONSUSDT	+0.0646%	4h	$19.0M	$27.9M	20x	as long as short
BloFin PONS-USDT	+0.0728%	4h	$1.8M	$945K	20x	as long as short
Lighter RH PONS	+0.0912%	1h	$426K	$2.3M	3x	as long as short
Lighter PONS	+0.1440%	1h	$1.8M	$781K	3x	as long as short
Phoenix PONS	+0.1528%	1h	$25K	$61K	3x	as long as short