PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.021%

Price spread now: SoDEX against gTrade (Gains Network)+0.163%7-day average +0.147% · 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−$4,722as in the Price arb table

costs, in and out, $10k−$4,72447.238% of the position

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.254%+$25 · spread now +0.163%, 7d avg +0.147%

Together, before fees+0.283%+$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.147%, so right now this pair is about funding alone: +$2 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	0.5914	L +0.0033% / S −0.0032%	pay 0.0004% / 1h	6m 06s	$235K	—	150x
Short	SoDEX PONS-USD	0.5923	0.0100	get 0.0013% / 1h	6m 06s	$26K	$542K	3x

Funding history

latest

Range statsloading…

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.163%Rate

Slippage from gTrade (Gains Network): virtual book (oracle venue), 48 min ago; SoDEX: live order book, 48 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), 48 min ago	130.01 bp	2119.4 bp −$2,119	16867.9 bp −$168.7K	doesn't fit	doesn't fit
Sell SoDEX live order book, 48 min ago	0.99 bp	65.1 bp −$65	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 −0.0032%	1h	0.5914	long leg	$235K	—	150x
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+0.945%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5920	+0.102%	$417K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5925	+0.192%	$21K	$417K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5925	+0.189%	$69K	$130K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5905	−0.151%	$34K	$339K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5930	+0.283%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5922	+0.140%	—	$1.3M	10x	as long as short
SoDEX PONS-USDshort	+0.0100%	1h	0.5923	+0.163%	$26K	$542K	3x
HTX PONS-USDT	+0.0100%	4h	0.5940	+0.447%	$64K	$513K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.5923	+0.158%	$1.6M	$3.2M	20x	as long as short
Gate PONS_USDT	+0.0228%	4h	0.5919	+0.091%	$5.2M	$6.3M	20x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.5923	+0.159%	$369	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0352%	4h	0.5922	+0.141%	$13.4M	$54.5M	20x	as long as short
Lighter PONS	+0.0432%	1h	0.5922	+0.148%	$1.6M	$895K	3x	as long as short
Variational Omni PONS	+0.0440%	4h	0.5911	−0.038%	$1.4M	$4.0M	—	as long as short
Hyperliquid PONS	+0.0475%	1h	0.5925	+0.187%	$60.1M	$28.9M	3x	as long as short
Aster PONSUSDT	+0.0507%	4h	0.5921	+0.133%	$1.1M	$2.2M	20x	as long as short
Bitget PONSUSDT	+0.0540%	4h	0.5928	+0.245%	$4.6M	$11.7M	20x	as long as short
MEXC PONS_USDT	+0.0602%	4h	0.5925	+0.192%	$7.6M	$4.8M	20x	as long as short
Extended PONS-USD	+0.0608%	1h	0.5924	+0.169%	$106K	$807K	5x	as long as short
Binance PONSUSDT	+0.0610%	4h	0.5926	+0.206%	$38.8M	$94.6M	20x	as long as short
edgeX PONSUSDC	+0.0621%	4h	0.5913	−0.012%	$18K	$293K	10x	as long as short
Polymarket Perps PONS-USD	+0.0736%	1h	0.5924	+0.182%	$81K	$1.7M	3x	as long as short
KuCoin PONSUSDTM	+0.0750%	4h	0.5923	+0.155%	$1.6M	$3.8M	20x	as long as short
BingX PONS-USDT	+0.0812%	4h	0.5927	+0.226%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0839%	4h	0.5922	+0.141%	$17.7M	$30.9M	20x	as long as short
BloFin PONS-USDT	+0.0843%	4h	0.5918	+0.074%	$1.7M	$942K	20x	as long as short
Pacifica PONS	+0.1081%	1h	0.5922	+0.149%	$46K	$68K	3x	as long as short
Phoenix PONS	+0.1586%	1h	0.5915	+0.023%	$45K	$109K	3x	as long as short