data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

PONS

all PONS markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 14:00 UTC+0.0016%/8h
paid, last 24h+0.143%paid, last 7 days+0.580%to open and close $10k−$52
Long on BybitShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PONSUSDT0.63720.0832pay 0.0416% / 4h2h 33m$20.7M$26.1M20x
ShortLighter PONS0.63900.0848get 0.0106% / 1h33m 31s$1.8M$739K3x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$3.43
Slippage, 4 orders
−$41.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$48.94
Break-even
107.0 days
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.278%
Avg gap 7d
+0.044%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.57 bp15.6 bp −$1643.5 bp −$435doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago3.27 bp14.0 bp −$1418.5 bp −$185doesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0030%1h$234K—150xas long as short
Injective PONS/USDC PERP+0.0033%1h$590$18K5.5xas long as short
Popdex PONSUSDT+0.0096%1h$20K$455K20xas long as short
ApeX Omni PONSUSDT+0.0100%1h$40K$321K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h$2K$2K10xas long as short
SunX PONS-USDT+0.0100%4h—$1.1M10xas long as short
SoDEX PONS-USD+0.0100%1h$29K$466K3xas long as short
HTX PONS-USDT+0.0100%4h$67K$490K20xas long as short
Phemex PONSUSDT+0.0100%4h$1.8M$3.4M20xas long as short
Aevo PONS-PERP+0.0256%1h$398—3xas long as short
Show all 30 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX PONS-USDT-SWAP+0.0283%4h$15.6M$57.8M20xas long as short
Aster PONSUSDT+0.0497%4h$1.2M$2.1M20xas long as short
KuCoin PONSUSDTM+0.0536%4h$2.0M$1.8M20xas long as short
Variational Omni PONS+0.0601%4h$1.9M$3.6M—as long as short
MEXC PONS_USDT+0.0708%4h$8.7M$4.9M20xas long as short
Binance PONSUSDT+0.0708%4h$42.8M$91.9M20xas long as short
Extended PONS-USD+0.0712%1h$177K$363K5xas long as short
edgeX PONSUSDC+0.0735%4h$22K$290K10xas long as short
BingX PONS-USDT+0.0774%4h—$2.9M—as long as short
Bitget PONSUSDT+0.0802%4h$5.1M$9.7M20xas long as short
Pacifica PONS+0.0815%1h$49K$143K3xas long as short
Bybit PONSUSDTlong+0.0832%4h$20.7M$26.1M20x
Lighter PONSshort+0.0848%1h$1.8M$739K3x
Lighter RH PONS+0.0920%1h$441K$2.1M3xas long as short
Polymarket Perps PONS-USD+0.0924%1h$66K$1.8M3xas long as short
Nado PONS-PERP+0.0932%1h$112K$59K5xas long as short
BloFin PONS-USDT+0.0952%4h$2.0M$891K20xas long as short
Phoenix PONS+0.1558%1h$26K$51K3xas long as short
Hyperliquid PONS+0.1889%1h$64.3M$24.3M3xas long as short
Gate PONS_USDT+0.3054%4h$5.7M$7.1M20xas long as short