PONS

Alert

Funding spread now, next payment 16:00 UTC−0.0573%/8h

next payment, per $10,000−$2.86paid, last 24h−0.057%paid, last 7 days−0.065%to open and close $10k−$57

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.86 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	0.6364	0.0854	pay 0.0427% / 4h	2h 32m	$20.6M	$26.1M	20x
Short	OKX PONS-USDT-SWAP	0.6363	0.0281	get 0.0141% / 4h	2h 32m	$15.5M	$57.8M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersRate

Funding earned: −$120.25
Slippage, 4 orders: −$35.76
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$177.01
Break-even: never at this rate

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

Price risk

price view

Price gap now: −0.016%
Avg gap 7d: −0.007%

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, 3 min ago	1.57 bp	15.6 bp −$16	43.5 bp −$435	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.57 bp	15.7 bp −$16	32.1 bp −$321	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	$234K	—	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	$455K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$40K	$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	—	$1.1M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$29K	$467K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$67K	$490K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	$1.8M	$3.4M	20x	as long as short
Aevo PONS-PERP	+0.0256%	1h	$397	—	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAPshort	+0.0281%	4h	$15.5M	$57.8M	20x
Aster PONSUSDT	+0.0489%	4h	$1.2M	$2.1M	20x	as long as short
KuCoin PONSUSDTM	+0.0540%	4h	$2.0M	$1.8M	20x	as long as short
Variational Omni PONS	+0.0601%	4h	$1.9M	$3.6M	—	as long as short
Binance PONSUSDT	+0.0702%	4h	$42.8M	$92.0M	20x	as long as short
Extended PONS-USD	+0.0704%	1h	$177K	$363K	5x	as long as short
MEXC PONS_USDT	+0.0708%	4h	$8.6M	$4.9M	20x	as long as short
edgeX PONSUSDC	+0.0735%	4h	$22K	$290K	10x	as long as short
BingX PONS-USDT	+0.0778%	4h	—	$2.9M	—	as long as short
Bitget PONSUSDT	+0.0804%	4h	$5.1M	$9.8M	20x	as long as short
Pacifica PONS	+0.0815%	1h	$49K	$143K	3x	as long as short
Bybit PONSUSDTlong	+0.0854%	4h	$20.6M	$26.1M	20x
Lighter PONS	+0.0880%	1h	$1.8M	$739K	3x	as long as short
Lighter RH PONS	+0.0888%	1h	$440K	$2.1M	3x	as long as short
Polymarket Perps PONS-USD	+0.0912%	1h	$67K	$1.8M	3x	as long as short
Nado PONS-PERP	+0.0932%	1h	$113K	$60K	5x	as long as short
BloFin PONS-USDT	+0.0948%	4h	$2.0M	$885K	20x	as long as short
Phoenix PONS	+0.1558%	1h	$26K	$51K	3x	as long as short
Hyperliquid PONS	+0.1865%	1h	$64.1M	$24.3M	3x	as long as short
Gate PONS_USDT	+0.2986%	4h	$5.6M	$7.1M	20x	as long as short