PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0401%/8h= +43.9% APRnext payment +$2.01 per $10,000 · paid last 24h +0.101%

Price spread now: edgeX against HTX+0.488%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$299as in the Funding arb table

Net, price: spread back to 7d avg − costs−$296as in the Price arb table

costs, in and out, $10k−$3493.494% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.500%+$50 on $10k

Price spread, last 4 days (all we have)−0.464%−$46 · spread now +0.488%, 7d avg −0.044%

Together, before fees+0.036%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and edgeX is 0.532% dearer against HTX than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PONS-USDT	0.5917	0.0100	pay 0.0050% / 4h	1h 02m	$64K	$525K	20x
Short	edgeX PONSUSDC	0.5946	0.0501	get 0.0251% / 4h	1h 02m	$20K	$290K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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 HTXbpFee edgeXbpOrdersPrice spread, now +0.488%Rate

Funding earned: $84.26
Price spread: +0.488% → −0.044%: $53.19
Slippage, 4 orders: −$328.36
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$211.91
Costs to cover: 3.494%
Break-even: 24.6 days

Slippage from HTX: live order book, 41 min ago; edgeX: live order book, 40 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 HTX live order book, 41 min ago	33.76 bp	138.6 bp −$139	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 40 min ago	10.98 bp	19.4 bp −$19	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 +0.0032% / S −0.0030%	1h	0.5918	+0.010%	$242K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	+0.365%	$610	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5918	+0.012%	$409K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5919	+0.035%	$22K	$420K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5926	+0.152%	$2K	$3K	10x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5920	+0.047%	$69K	$130K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5940	+0.385%	$29K	$308K	5x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5923	+0.105%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5919	+0.032%	$26K	$581K	3x	as long as short
HTX PONS-USDTlong	+0.0100%	4h	0.5917	long leg	$64K	$525K	20x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.5913	−0.066%	$1.6M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0200%	1h	0.5920	+0.050%	$369	—	3x	as long as short
Hyperliquid PONS	+0.0312%	1h	0.5924	+0.120%	$60.2M	$29.5M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0413%	4h	0.5921	+0.069%	$13.4M	$55.2M	20x	as long as short
Aster PONSUSDT	+0.0446%	4h	0.5917	+0.007%	$1.1M	$2.2M	20x	as long as short
MEXC PONS_USDT	+0.0478%	4h	0.5919	+0.035%	$7.6M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0479%	4h	0.5918	+0.022%	$37.3M	$97.9M	20x	as long as short
Extended PONS-USD	+0.0480%	1h	0.5915	−0.037%	$101K	$806K	5x	as long as short
edgeX PONSUSDCshort	+0.0501%	4h	0.5946	+0.488%	$20K	$290K	10x
Variational Omni PONS	+0.0548%	4h	0.5964	+0.804%	$1.4M	$4.1M	—	as long as short
Pacifica PONS	+0.0556%	1h	0.5918	+0.021%	$45K	$68K	3x	as long as short
KuCoin PONSUSDTM	+0.0590%	4h	0.5922	+0.081%	$1.6M	$3.8M	20x	as long as short
Gate PONS_USDT	+0.0642%	4h	0.5924	+0.120%	$5.3M	$6.4M	20x	as long as short
BingX PONS-USDT	+0.0650%	4h	0.5918	+0.019%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0650%	4h	0.5920	+0.052%	$17.5M	$31.2M	20x	as long as short
Polymarket Perps PONS-USD	+0.0653%	1h	0.5924	+0.115%	$85K	$1.9M	3x	as long as short
Bitget PONSUSDT	+0.0676%	4h	0.5926	+0.152%	$4.7M	$12.2M	20x	as long as short
BloFin PONS-USDT	+0.0719%	4h	0.5919	+0.035%	$1.7M	$939K	20x	as long as short
Lighter PONS	+0.0864%	1h	0.5921	+0.069%	$1.6M	$832K	3x	as long as short
Phoenix PONS	+0.1472%	1h	0.5934	+0.294%	$45K	$127K	3x	as long as short