PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0309%/8h= −33.9% APRnext payment −$1.55 per $10,000 · paid last 24h −0.089%

Price spread now: HTX against edgeX−1.248%77s7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$396as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3483.481% of the position

Long on edgeX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.479%−$48 on $10k

Price spread, last 3 days (all we have)+1.224%+$122 · spread now −1.248%, 7d avg +0.041%

Together, before fees+0.745%+ Points / potential airdropedgeX: Active · farm board+$74 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and HTX is 1.289% cheaper against edgeX than usual: you would sell low and buy high (−$129 if the spread goes back to its 7-day average of +0.041%). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX PONSUSDC	0.6139	0.0409	pay 0.0205% / 4h	3h 02m	$21K	$292K	10x
Short	HTX PONS-USDT	0.6062	0.0100	get 0.0050% / 4h	3h 02m	$65K	$510K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee HTXbpOrdersPrice spread, now −1.248%Rate

Funding earned: −$64.98
Price spread: −1.248% → +0.041%: −$128.94
Slippage, 4 orders: −$327.09
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$542.01
Costs to cover: 3.481%
Break-even: never at this rate

Slippage from edgeX: live order book, 6 min ago; HTX: live order book, 6 min ago.

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 edgeX live order book, 6 min ago	13.02 bp	21.6 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 6 min ago	29.96 bp	169.9 bp −$170	doesn't fit	doesn't fit	doesn't fit

PONS on 30 venues

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	0.6042	−1.582%	$239K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−2.757%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6053	−1.396%	$20K	$414K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6105	−0.543%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6065	−1.204%	$33K	$356K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6055	−1.359%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6050	−1.444%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6047	−1.502%	$26K	$533K	3x	as long as short
HTX PONS-USDTshort	+0.0100%	4h	0.6062	−1.248%	$65K	$510K	20x
Phemex PONSUSDT	+0.0100%	4h	0.6053	−1.396%	$1.7M	$3.2M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PONS	+0.0120%	1h	0.6047	−1.492%	$425K	$2.6M	3x	as long as short
Aevo PONS-PERP	+0.0176%	1h	0.6046	−1.506%	$377	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0231%	4h	0.6045	−1.527%	$13.9M	$55.8M	20x	as long as short
KuCoin PONSUSDTM	+0.0234%	4h	0.6045	−1.523%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0290%	4h	0.6052	−1.416%	$4.7M	$11.3M	20x	as long as short
Aster PONSUSDT	+0.0326%	4h	0.6049	−1.457%	$1.1M	$2.0M	20x	as long as short
MEXC PONS_USDT	+0.0396%	4h	0.6049	−1.462%	$7.9M	$4.9M	20x	as long as short
Binance PONSUSDT	+0.0397%	4h	0.6048	−1.473%	$39.8M	$96.1M	20x	as long as short
Extended PONS-USD	+0.0400%	1h	0.6046	−1.503%	$250K	$677K	5x	as long as short
Lighter PONS	+0.0408%	1h	0.6049	−1.463%	$1.7M	$946K	3x	as long as short
edgeX PONSUSDClong	+0.0409%	4h	0.6139	long leg	$21K	$292K	10x
Bybit PONSUSDT	+0.0562%	4h	0.6045	−1.527%	$18.2M	$30.8M	20x	as long as short
BingX PONS-USDT	+0.0594%	4h	0.6050	−1.445%	—	$3.1M	—	as long as short
Nado PONS-PERP	+0.0595%	1h	0.6054	−1.374%	$105K	$115K	5x	as long as short
BloFin PONS-USDT	+0.0637%	4h	0.6059	−1.299%	$1.7M	$984K	20x	as long as short
Pacifica PONS	+0.0665%	1h	0.6053	−1.404%	$48K	$78K	3x	as long as short
Polymarket Perps PONS-USD	+0.0795%	1h	0.6052	−1.416%	$46K	$1.6M	3x	as long as short
Hyperliquid PONS	+0.0845%	1h	0.6049	−1.460%	$61.5M	$28.9M	3x	as long as short
Gate PONS_USDT	+0.1350%	4h	0.6049	−1.462%	$5.3M	$6.2M	20x	as long as short
Phoenix PONS	+0.1608%	1h	0.6089	−0.807%	$32K	$113K	3x	as long as short