PONS

Alert

Funding spread now, next payment 20:00 UTC+0.0224%/8h

next payment, per $10,000+$1.12paid, last 24h−0.006%paid, last 7 days+0.015%to open and close $10k−$59

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.12 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	Gate PONS_USDT	0.5888	0.0100	pay 0.0050% / 4h	2h 21m	$5.2M	$7.7M	20x
Short	MEXC PONS_USDT	0.5892	0.0324	get 0.0162% / 4h	2h 21m	$7.5M	$5.3M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersRate

Funding earned: $47.04
Slippage, 4 orders: −$43.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$11.69
Break-even: 8.7 days

Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.068%
Avg gap 7d: +0.063%

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 Gate live order book, 4 min ago	2.55 bp	20.7 bp −$21	175.9 bp −$1,759	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.85 bp	4.5 bp −$4	11.4 bp −$114	260.5 bp −$26.1K	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 −0.0032%	1h	$214K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	$590	$7K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	$408K	$2.4M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	$18K	$493K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	$73K	$94K	5x	as long as short
Aster PONSUSDT	+0.0100%	4h	$1.1M	$2.1M	20x	as long as short
Gate PONS_USDTlong	+0.0100%	4h	$5.2M	$7.7M	20x
KuCoin PONSUSDTM	+0.0100%	4h	$1.7M	$3.3M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$30K	$320K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	$2K	$2K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
SunX PONS-USDT	+0.0100%	4h	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$26K	$507K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$62K	$496K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	$1.7M	$3.3M	20x	as long as short
Variational Omni PONS	+0.0106%	4h	$1.2M	$3.9M	—	as long as short
OKX PONS-USDT-SWAP	+0.0146%	4h	$13.2M	$55.5M	20x	as long as short
Bitget PONSUSDT	+0.0158%	4h	$4.5M	$11.4M	20x	as long as short
Aevo PONS-PERP	+0.0160%	1h	$367	—	3x	as long as short
Bybit PONSUSDT	+0.0178%	4h	$17.6M	$30.2M	20x	as long as short
Hyperliquid PONS	+0.0181%	1h	$59.0M	$29.1M	3x	as long as short
Pacifica PONS	+0.0285%	1h	$47K	$122K	3x	as long as short
MEXC PONS_USDTshort	+0.0324%	4h	$7.5M	$5.3M	20x
Extended PONS-USD	+0.0328%	1h	$88K	$539K	5x	as long as short
Binance PONSUSDT	+0.0330%	4h	$38.3M	$97.9M	20x	as long as short
BingX PONS-USDT	+0.0336%	4h	—	$3.2M	—	as long as short
edgeX PONSUSDC	+0.0355%	4h	$21K	$292K	10x	as long as short
Polymarket Perps PONS-USD	+0.0368%	1h	$47K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0570%	4h	$1.7M	$964K	20x	as long as short
Lighter PONS	+0.0664%	1h	$1.7M	$855K	3x	as long as short
Phoenix PONS	+0.1523%	1h	$23K	$61K	3x	as long as short