PONS

Alert

Funding spread now, next payment 17:00 UTC+0.0484%/8h

paid, last 24h+0.097%paid, last 7 days+0.135%to open and close $10k−$73

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment. 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	0.5942	0.0228	pay 0.0114% / 4h	3h 16m	$4.6M	$11.1M	20x
Short	Lighter RH PONS	0.5949	0.0712	get 0.0089% / 1h	16m 32s	$418K	$2.3M	3x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Lighter RHbpOrdersRate

Funding earned: $101.64
Slippage, 4 orders: −$61.04
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $28.6
Break-even: 5.0 days

Slippage from Bitget: live order book, 3 min ago; Lighter RH: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.114%
Avg gap 7d: −0.001%

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, 3 min ago	2.26 bp	28.5 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	5.87 bp	13.3 bp −$13	38.6 bp −$386	doesn't fit	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	−0.0566%	4h	$5.3M	$7.6M	20x	as long as short
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0031%	1h	$215K	—	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	$18K	$493K	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	$29K	$321K	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	$26K	$501K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$63K	$495K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0138%	4h	$13.3M	$54.1M	20x	as long as short
Aevo PONS-PERP	+0.0192%	1h	$372	—	3x	as long as short
KuCoin PONSUSDTM	+0.0208%	4h	$1.7M	$3.2M	20x	as long as short
Bitget PONSUSDTlong	+0.0228%	4h	$4.6M	$11.1M	20x
Bybit PONSUSDT	+0.0257%	4h	$18.2M	$29.1M	20x	as long as short
Nado PONS-PERP	+0.0296%	1h	$108K	$68K	5x	as long as short
MEXC PONS_USDT	+0.0388%	4h	$7.2M	$5.2M	20x	as long as short
Binance PONSUSDT	+0.0388%	4h	$39.2M	$96.3M	20x	as long as short
Extended PONS-USD	+0.0392%	1h	$89K	$545K	5x	as long as short
Variational Omni PONS	+0.0403%	4h	$1.3M	$3.7M	—	as long as short
Hyperliquid PONS	+0.0432%	1h	$59.5M	$28.2M	3x	as long as short
BingX PONS-USDT	+0.0434%	4h	—	$3.2M	—	as long as short
edgeX PONSUSDC	+0.0434%	4h	$21K	$293K	10x	as long as short
Polymarket Perps PONS-USD	+0.0505%	1h	$50K	$1.8M	3x	as long as short
Phemex PONSUSDT	+0.0505%	4h	$1.7M	$3.3M	20x	as long as short
Pacifica PONS	+0.0616%	1h	$49K	$123K	3x	as long as short
BloFin PONS-USDT	+0.0628%	4h	$1.8M	$958K	20x	as long as short
Lighter RH PONSshort	+0.0712%	1h	$418K	$2.3M	3x
Lighter PONS	+0.1240%	1h	$1.7M	$793K	3x	as long as short
Phoenix PONS	+0.1528%	1h	$24K	$61K	3x	as long as short