PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h +0.086%

Price spread now: KuCoin against gTrade (Gains Network)+0.128%7-day average +0.127% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$4,658as in the Price arb table

costs, in and out, $10k−$4,65846.581% of the position

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)+0.121%+$12 on $10k

Price spread, last 3 days (all we have)+0.093%+$9 · spread now +0.128%, 7d avg +0.127%

Together, before fees+0.214%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.127%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PONS/USD	0.6024	L +0.0033% / S −0.0033%	pay 0.0004% / 1h	48m 00s	$239K	—	150x
Short	KuCoin PONSUSDTM	0.6032	0.0158	get 0.0079% / 4h	3h 48m	$1.7M	$3.7M	20x

Funding history

latest

Range statsloading…

KuCoin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee KuCoinbpOrdersPrice spread, now +0.128%Rate

Slippage from gTrade (Gains Network): virtual book (oracle venue), 26 min ago; KuCoin: live order book, 9 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 26 min ago	130.01 bp	2119.5 bp −$2,119	16868.2 bp −$168.7K	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	3.05 bp	21.0 bp −$21	doesn't fit	doesn't fit	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/USDlong	L +0.0033% / S −0.0033%	1h	0.6024	long leg	$239K	—	150x
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.903%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.6031	+0.121%	$421K	$2.5M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6032	+0.134%	$20K	$416K	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.6039	+0.251%	$13.7M	$57.1M	20x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.6031	+0.118%	$5.3M	$6.1M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6040	+0.260%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6054	+0.498%	$33K	$357K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6039	+0.247%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6036	+0.199%	—	$1.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX PONS-USD	+0.0100%	1h	0.6033	+0.151%	$27K	$553K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6047	+0.382%	$64K	$510K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6041	+0.284%	$1.7M	$3.3M	20x	as long as short
KuCoin PONSUSDTMshort	+0.0158%	4h	0.6032	+0.128%	$1.7M	$3.7M	20x
Aevo PONS-PERP	+0.0160%	1h	0.6049	+0.421%	$377	—	3x	as long as short
Aster PONSUSDT	+0.0172%	4h	0.6031	+0.115%	$1.1M	$2.2M	20x	as long as short
Bitget PONSUSDT	+0.0196%	4h	0.6042	+0.305%	$4.7M	$11.6M	20x	as long as short
Lighter PONS	+0.0280%	1h	0.6033	+0.149%	$1.7M	$894K	3x	as long as short
MEXC PONS_USDT	+0.0306%	4h	0.6041	+0.284%	$7.9M	$4.8M	20x	as long as short
edgeX PONSUSDC	+0.0309%	4h	0.6043	+0.312%	$21K	$293K	10x	as long as short
Binance PONSUSDT	+0.0311%	4h	0.6040	+0.263%	$39.5M	$97.8M	20x	as long as short
Extended PONS-USD	+0.0312%	1h	0.6039	+0.242%	$250K	$683K	5x	as long as short
BingX PONS-USDT	+0.0396%	4h	0.6039	+0.251%	—	$3.1M	—	as long as short
Nado PONS-PERP	+0.0443%	1h	0.6033	+0.151%	$104K	$116K	5x	as long as short
BloFin PONS-USDT	+0.0548%	4h	0.6060	+0.599%	$1.8M	$1.0M	20x	as long as short
Pacifica PONS	+0.0665%	1h	0.6031	+0.110%	$48K	$87K	3x	as long as short
Bybit PONSUSDT	+0.0701%	4h	0.6039	+0.251%	$18.1M	$31.2M	20x	as long as short
Polymarket Perps PONS-USD	+0.0742%	1h	0.6032	+0.136%	$41K	$1.6M	3x	as long as short
Hyperliquid PONS	+0.0923%	1h	0.6036	+0.201%	$61.4M	$29.7M	3x	as long as short
Phoenix PONS	+0.1608%	1h	0.6044	+0.325%	$31K	$113K	3x	as long as short