PONS

Alert

Funding spread now, next payment 16:00 UTC+0.2579%/8h

next payment, per $10,000+$12.90paid, last 24h+0.044%paid, last 7 days+0.078%to open and close $10k−$80

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.90 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	Bybit PONSUSDT	0.6416	0.0797	pay 0.0398% / 4h	2h 38m	$20.9M	$26.0M	20x
Short	Gate PONS_USDT	0.6413	0.3376	get 0.1688% / 4h	2h 38m	$5.7M	$7.0M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersRate

Funding earned: $541.67
Slippage, 4 orders: −$54.29
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $461.39
Break-even: 1.0 days

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 1 min ago.

Price risk

price view

Price gap now: −0.047%
Avg gap 7d: −0.021%

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 Bybit live order book, 2 min ago	1.55 bp	17.6 bp −$18	38.4 bp −$384	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	1.56 bp	21.7 bp −$22	59.9 bp −$599	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
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0030%	1h	$235K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	$590	$18K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	$20K	$456K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$41K	$322K	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	—	$1.1M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$29K	$466K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$71K	$483K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	$1.8M	$3.4M	20x	as long as short
Aevo PONS-PERP	+0.0264%	1h	$400	—	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0297%	4h	$15.7M	$58.2M	20x	as long as short
Aster PONSUSDT	+0.0524%	4h	$1.2M	$2.1M	20x	as long as short
KuCoin PONSUSDTM	+0.0536%	4h	$2.0M	$1.8M	20x	as long as short
Variational Omni PONS	+0.0599%	4h	$1.9M	$3.5M	—	as long as short
Binance PONSUSDT	+0.0720%	4h	$43.3M	$91.6M	20x	as long as short
MEXC PONS_USDT	+0.0726%	4h	$8.9M	$4.9M	20x	as long as short
Extended PONS-USD	+0.0728%	1h	$179K	$360K	5x	as long as short
edgeX PONSUSDC	+0.0768%	4h	$22K	$289K	10x	as long as short
Bybit PONSUSDTlong	+0.0797%	4h	$20.9M	$26.0M	20x
Bitget PONSUSDT	+0.0802%	4h	$5.1M	$9.6M	20x	as long as short
Pacifica PONS	+0.0815%	1h	$49K	$143K	3x	as long as short
BingX PONS-USDT	+0.0858%	4h	—	$2.9M	—	as long as short
Nado PONS-PERP	+0.0921%	1h	$109K	$66K	5x	as long as short
Polymarket Perps PONS-USD	+0.0951%	1h	$66K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0967%	4h	$2.0M	$888K	20x	as long as short
Lighter PONS	+0.1000%	1h	$1.8M	$738K	3x	as long as short
Lighter RH PONS	+0.1032%	1h	$448K	$2.1M	3x	as long as short
Phoenix PONS	+0.1558%	1h	$26K	$51K	3x	as long as short
Hyperliquid PONS	+0.1940%	1h	$64.6M	$24.2M	3x	as long as short
Gate PONS_USDTshort	+0.3376%	4h	$5.7M	$7.0M	20x