PONS

Alert

Funding spread now, next payment 16:00 UTC+0.0363%/8h

paid, last 24h+0.179%paid, last 4 days+0.567%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PONS/USDC PERP	0.5738	0.0033	pay 0.0004% / 1h	12m 37s	$590	$15K	5.5x
Short	Bitget PONSUSDT	0.6207	0.0396	get 0.0198% / 4h	12m 37s	$4.8M	$10.7M	20x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee BitgetbpOrdersRate

Funding earned: $76.16
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bitget: 6 bp × 2 orders: −$12
Net: $64.14
Break-even: 1.1 days

Slippage unknown: Injective: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: +8.172%
Avg gap 7d: —

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 Injective no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	1.85 bp	18.5 bp −$19	doesn't fit	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PONS on 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate PONS_USDT	−0.0080%	4h	$5.5M	$7.3M	20x	as long as short
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0031%	1h	$224K	—	150x	as long as short
Injective PONS/USDC PERPlong	+0.0033%	1h	$590	$15K	5.5x
Popdex PONSUSDT	+0.0096%	1h	$19K	$461K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$39K	$318K	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	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$28K	$469K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$66K	$496K	20x	as long as short
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	+0.0143%	4h	$14.4M	$54.6M	20x	as long as short
Aevo PONS-PERP	+0.0216%	1h	$387	—	3x	as long as short
Aster PONSUSDT	+0.0218%	4h	$1.1M	$2.2M	20x	as long as short
KuCoin PONSUSDTM	+0.0330%	4h	$1.8M	$3.1M	20x	as long as short
Lighter RH PONS	+0.0360%	1h	$433K	$2.2M	3x	as long as short
Bitget PONSUSDTshort	+0.0396%	4h	$4.8M	$10.7M	20x
Pacifica PONS	+0.0472%	1h	$50K	$166K	3x	as long as short
Variational Omni PONS	+0.0540%	4h	$1.7M	$3.5M	—	as long as short
MEXC PONS_USDT	+0.0540%	4h	$7.8M	$5.1M	20x	as long as short
Binance PONSUSDT	+0.0543%	4h	$41.4M	$92.9M	20x	as long as short
Extended PONS-USD	+0.0544%	1h	$93K	$533K	5x	as long as short
Polymarket Perps PONS-USD	+0.0547%	1h	$67K	$1.8M	3x	as long as short
edgeX PONSUSDC	+0.0568%	4h	$21K	$290K	10x	as long as short
Nado PONS-PERP	+0.0625%	1h	$113K	$67K	5x	as long as short
BingX PONS-USDT	+0.0626%	4h	—	$3.1M	—	as long as short
Bybit PONSUSDT	+0.0650%	4h	$19.9M	$27.2M	20x	as long as short
BloFin PONS-USDT	+0.0782%	4h	$1.9M	$912K	20x	as long as short
Lighter PONS	+0.1040%	1h	$1.8M	$772K	3x	as long as short
Hyperliquid PONS	+0.1057%	1h	$63.1M	$26.7M	3x	as long as short
Phoenix PONS	+0.1489%	1h	$25K	$51K	3x	as long as short