PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.021%

Price spread now: BingX against Bybit+0.050%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$630.630% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.296%+$30 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.050%, 7d avg +0.051%

Together, before fees+0.197%+$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PONSUSDT	0.6029	0.0490	pay 0.0245% / 4h	1h 11m	$18.0M	$30.6M	20x
Short	BingX PONS-USDT	0.6032	0.0496	get 0.0248% / 4h	1h 11m	—	$3.0M	—

Funding history

latest

Range statsloading…

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.050%Rate

Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 2 min ago	0.83 bp	18.7 bp −$19	48.4 bp −$484	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	2.48 bp	13.7 bp −$14	40.1 bp −$401	165.5 bp −$16.6K	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 −0.0033%	1h	0.6019	−0.169%	$238K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.987%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6028	−0.017%	$21K	$435K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6015	−0.234%	$33K	$351K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6034	+0.076%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6026	−0.051%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6012	−0.282%	$26K	$521K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6021	−0.133%	$64K	$509K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6001	−0.464%	$1.6M	$3.2M	20x	as long as short
Variational Omni PONS	+0.0178%	4h	0.6039	+0.163%	$1.4M	$3.9M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PONS-PERP	+0.0216%	1h	0.6015	−0.232%	$375	—	3x	as long as short
Nado PONS-PERP	+0.0222%	1h	0.6026	−0.050%	$71K	$129K	5x	as long as short
Gate PONS_USDT	+0.0240%	4h	0.6026	−0.050%	$5.3M	$6.3M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0317%	4h	0.6029	0.000%	$13.7M	$55.2M	20x	as long as short
Lighter RH PONS	+0.0328%	1h	0.6021	−0.134%	$417K	$2.5M	3x	as long as short
Lighter PONS	+0.0344%	1h	0.6020	−0.144%	$1.7M	$876K	3x	as long as short
Bitget PONSUSDT	+0.0418%	4h	0.6029	−0.002%	$4.7M	$11.4M	20x	as long as short
Aster PONSUSDT	+0.0435%	4h	0.6014	−0.248%	$1.1M	$2.1M	20x	as long as short
KuCoin PONSUSDTM	+0.0468%	4h	0.6025	−0.068%	$1.7M	$3.7M	20x	as long as short
Bybit PONSUSDTlong	+0.0490%	4h	0.6029	long leg	$18.0M	$30.6M	20x
BingX PONS-USDTshort	+0.0496%	4h	0.6032	+0.050%	—	$3.0M	—
MEXC PONS_USDT	+0.0526%	4h	0.6031	+0.033%	$7.6M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0527%	4h	0.6033	+0.066%	$39.7M	$94.6M	20x	as long as short
edgeX PONSUSDC	+0.0528%	4h	0.6022	−0.119%	$18K	$292K	10x	as long as short
Extended PONS-USD	+0.0528%	1h	0.6021	−0.137%	$249K	$671K	5x	as long as short
Hyperliquid PONS	+0.0754%	1h	0.6031	+0.032%	$61.4M	$27.9M	3x	as long as short
Pacifica PONS	+0.0755%	1h	0.6021	−0.141%	$47K	$70K	3x	as long as short
BloFin PONS-USDT	+0.0772%	4h	0.6022	−0.116%	$1.7M	$967K	20x	as long as short
Polymarket Perps PONS-USD	+0.0851%	1h	0.6030	+0.023%	$69K	$1.6M	3x	as long as short
Phoenix PONS	+0.1639%	1h	0.6017	−0.192%	$31K	$98K	3x	as long as short