data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

PONS

all PONS markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC−0.1020%/8h
next payment, per $10,000−$1.28paid, last 24h−0.216%paid, last 20 hours−0.669%to open and closeno order book
Long on HyperliquidShort on gTrade (Gains Network)
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PONS0.62530.1051pay 0.0131% / 1h8m 45s$63.6M$26.5M3x
ShortgTrade (Gains Network) PONS/USD0.6231L +0.0032% / S −0.0031%get 0.0004% / 1h8m 45s$225K—150x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$214.28
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$235.28
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; gTrade (Gains Network): virtual book (oracle venue), 42 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.356%
Avg gap 7d
−0.171%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 6 min ago2.41 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 42 min ago130.01 bp2471.1 bp −$2,471doesn't fitdoesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate PONS_USDT−0.0164%4h$5.5M$7.3M20xas long as short
gTrade (Gains Network) PONS/USDshortL +0.0032% / S −0.0031%1h$225K—150x
Injective PONS/USDC PERP+0.0033%1h$590$15K5.5xas long as short
Popdex PONSUSDT+0.0096%1h$20K$455K20xas long as short
ApeX Omni PONSUSDT+0.0100%1h$39K$314K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h$2K$2K10xas long as short
SunX PONS-USDT+0.0100%4h—$1.4M10xas long as short
SoDEX PONS-USD+0.0100%1h$28K$470K3xas long as short
HTX PONS-USDT+0.0100%4h$66K$495K20xas long as short
Phemex PONSUSDT+0.0100%4h$1.7M$3.3M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX PONS-USDT-SWAP+0.0147%4h$14.5M$55.1M20xas long as short
Aevo PONS-PERP+0.0216%1h$388—3xas long as short
Aster PONSUSDT+0.0217%4h$1.1M$2.2M20xas long as short
KuCoin PONSUSDTM+0.0308%4h$1.8M$3.1M20xas long as short
Bitget PONSUSDT+0.0384%4h$4.8M$10.7M20xas long as short
Lighter RH PONS+0.0424%1h$430K$2.2M3xas long as short
Pacifica PONS+0.0472%1h$50K$126K3xas long as short
Extended PONS-USD+0.0536%1h$93K$533K5xas long as short
MEXC PONS_USDT+0.0536%4h$7.9M$5.1M20xas long as short
Variational Omni PONS+0.0537%4h$1.7M$3.5M—as long as short
Binance PONSUSDT+0.0541%4h$41.6M$92.6M20xas long as short
edgeX PONSUSDC+0.0548%4h$21K$288K10xas long as short
Polymarket Perps PONS-USD+0.0559%1h$67K$1.8M3xas long as short
Nado PONS-PERP+0.0609%1h$113K$67K5xas long as short
BingX PONS-USDT+0.0626%4h—$3.1M—as long as short
Bybit PONSUSDT+0.0638%4h$20.0M$27.1M20xas long as short
BloFin PONS-USDT+0.0778%4h$1.9M$918K20xas long as short
Hyperliquid PONSlong+0.1051%1h$63.6M$26.5M3x
Lighter PONS+0.1112%1h$1.8M$772K3xas long as short
Phoenix PONS+0.1489%1h$25K$51K3xas long as short