PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%

Price spread now: Bybit against Bitget−0.039%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$660.664% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days+0.103%+$10 · spread now −0.039%, 7d avg −0.024%

Together, before fees+0.066%+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PONSUSDT	0.5935	0.0100	pay 0.0050% / 4h	1h 32m	$4.7M	$11.6M	20x
Short	Bybit PONSUSDT	0.5933	0.0100	get 0.0050% / 4h	1h 32m	$17.7M	$31.6M	20x

Funding history

latest

Range statsloading…

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.039%Rate

Slippage from Bitget: live order book, 1 min ago; Bybit: 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 Bitget live order book, 1 min ago	1.26 bp	16.0 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.68 bp	15.8 bp −$16	38.9 bp −$389	doesn't fit	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 +0.0033% / S −0.0034%	1h	0.5940	+0.082%	$218K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+0.576%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5943	+0.130%	$17K	$438K	20x	as long as short
Bybit PONSUSDTshort	+0.0100%	4h	0.5933	−0.039%	$17.7M	$31.6M	20x
OKX PONS-USDT-SWAP	+0.0100%	4h	0.5936	+0.012%	$13.4M	$55.8M	20x	as long as short
KuCoin PONSUSDTM	+0.0100%	4h	0.5937	+0.034%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDTlong	+0.0100%	4h	0.5935	long leg	$4.7M	$11.6M	20x
Variational Omni PONS	+0.0100%	4h	0.5955	+0.337%	$1.4M	$4.3M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5946	+0.180%	$34K	$346K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5944	+0.147%	$2K	$3K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX PONS-USDT	+0.0100%	4h	0.5949	+0.224%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5941	+0.093%	$27K	$548K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5946	+0.174%	$64K	$506K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5940	+0.079%	$1.6M	$3.3M	20x	as long as short
Aevo PONS-PERP	+0.0120%	1h	0.5926	−0.152%	$369	—	3x	as long as short
Aster PONSUSDT	+0.0132%	4h	0.5937	+0.024%	$1.1M	$2.2M	20x	as long as short
Extended PONS-USD	+0.0168%	1h	0.5937	+0.028%	$247K	$667K	5x	as long as short
MEXC PONS_USDT	+0.0168%	4h	0.5937	+0.029%	$7.7M	$4.9M	20x	as long as short
Binance PONSUSDT	+0.0169%	4h	0.5939	+0.062%	$38.6M	$97.7M	20x	as long as short
edgeX PONSUSDC	+0.0179%	4h	0.5947	+0.196%	$21K	$293K	10x	as long as short
BingX PONS-USDT	+0.0188%	4h	0.5935	−0.005%	—	$3.1M	—	as long as short
Nado PONS-PERP	+0.0222%	1h	0.5943	+0.130%	$90K	$103K	5x	as long as short
Lighter RH PONS	+0.0352%	1h	0.5941	+0.094%	$416K	$2.7M	3x	as long as short
BloFin PONS-USDT	+0.0409%	4h	0.5939	+0.062%	$1.7M	$974K	20x	as long as short
Pacifica PONS	+0.0451%	1h	0.5945	+0.162%	$47K	$96K	3x	as long as short
Polymarket Perps PONS-USD	+0.0475%	1h	0.5944	+0.143%	$37K	$1.7M	3x	as long as short
Hyperliquid PONS	+0.0632%	1h	0.5942	+0.118%	$59.9M	$30.0M	3x	as long as short
Lighter PONS	+0.0760%	1h	0.5941	+0.104%	$1.7M	$995K	3x	as long as short
Gate PONS_USDT	+0.1286%	4h	0.5935	−0.005%	$5.2M	$6.5M	20x	as long as short
Phoenix PONS	+0.1398%	1h	0.5976	+0.681%	$30K	$96K	3x	as long as short