PONS

Alert

Funding spread now, next payment 16:00 UTC−0.1010%/8h

paid, last 24h−0.196%paid, last 7 days−0.469%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.469% in total (about -24.4% a year). A funding rate is set anew for every payment. 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	Hyperliquid PONS	0.6303	0.1110	pay 0.0139% / 1h	48m 12s	$64.3M	$26.0M	3x
Short	HTX PONS-USDT	0.6329	0.0100	get 0.0050% / 4h	48m 12s	$66K	$494K	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee HTXbpOrdersRate

Funding earned: −$212.02
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$233.02
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 7 min ago; HTX: live order book, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.412%
Avg gap 7d: −0.008%

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 Hyperliquid live order book, 7 min ago	0.63 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	34.77 bp	170.1 bp −$170	doesn't fit	doesn't fit	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 −0.0031%	1h	$227K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	$590	$15K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	$20K	$470K	20x	as long as short
Gate PONS_USDT	+0.0100%	4h	$5.7M	$6.9M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$40K	$317K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	$2K	$2K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$28K	$478K	3x	as long as short
HTX PONS-USDTshort	+0.0100%	4h	$66K	$494K	20x
Phemex PONSUSDT	+0.0100%	4h	$1.7M	$3.3M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0177%	4h	$14.9M	$55.6M	20x	as long as short
Lighter RH PONS	+0.0192%	1h	$436K	$2.2M	3x	as long as short
Aevo PONS-PERP	+0.0232%	1h	$393	—	3x	as long as short
Aster PONSUSDT	+0.0389%	4h	$1.1M	$2.2M	20x	as long as short
Pacifica PONS	+0.0472%	1h	$48K	$166K	3x	as long as short
KuCoin PONSUSDTM	+0.0526%	4h	$1.8M	$3.0M	20x	as long as short
Polymarket Perps PONS-USD	+0.0550%	1h	$76K	$1.8M	3x	as long as short
Bitget PONSUSDT	+0.0552%	4h	$4.9M	$10.7M	20x	as long as short
Variational Omni PONS	+0.0598%	4h	$1.9M	$3.4M	—	as long as short
Extended PONS-USD	+0.0616%	1h	$160K	$471K	5x	as long as short
MEXC PONS_USDT	+0.0616%	4h	$8.1M	$4.9M	20x	as long as short
Binance PONSUSDT	+0.0617%	4h	$42.2M	$93.2M	20x	as long as short
edgeX PONSUSDC	+0.0632%	4h	$22K	$289K	10x	as long as short
Nado PONS-PERP	+0.0659%	1h	$116K	$66K	5x	as long as short
BingX PONS-USDT	+0.0716%	4h	—	$2.9M	—	as long as short
Bybit PONSUSDT	+0.0773%	4h	$20.4M	$26.8M	20x	as long as short
BloFin PONS-USDT	+0.0857%	4h	$1.9M	$920K	20x	as long as short
Lighter PONS	+0.0936%	1h	$1.8M	$711K	3x	as long as short
Hyperliquid PONSlong	+0.1110%	1h	$64.3M	$26.0M	3x
Phoenix PONS	+0.1489%	1h	$26K	$51K	3x	as long as short