PONS

Alert

Funding spread now, next payment 17:00 UTC−0.0678%/8h

paid, last 24h−0.117%paid, last 7 days−0.284%to open and close $10k−$36

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.284% in total (about -14.8% 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	Lighter PONS	0.5927	0.1064	pay 0.0133% / 1h	4m 51s	$1.7M	$834K	3x
Short	BingX PONS-USDT	0.5914	0.0386	get 0.0193% / 4h	3h 04m	—	$3.2M	—

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee BingXbpOrdersRate

Funding earned: −$142.38
Slippage, 4 orders: −$25.83
Fee Lighter: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$178.21
Break-even: never at this rate

Slippage from Lighter: live order book, 3 min ago; BingX: live order book, 6 min ago.

Price risk

price view

Price gap now: −0.223%
Avg gap 7d: −0.033%

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 Lighter live order book, 3 min ago	5.80 bp	9.5 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	0.84 bp	9.1 bp −$9	28.3 bp −$283	113.2 bp −$11.3K	doesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate PONS_USDT	−0.0018%	4h	$5.3M	$7.7M	20x	as long as short
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0031%	1h	$214K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	$590	$11K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	$18K	$492K	20x	as long as short
Aster PONSUSDT	+0.0100%	4h	$1.1M	$2.1M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$29K	$321K	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	$26K	$503K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$63K	$498K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0135%	4h	$13.2M	$54.4M	20x	as long as short
Aevo PONS-PERP	+0.0176%	1h	$371	—	3x	as long as short
KuCoin PONSUSDTM	+0.0210%	4h	$1.7M	$3.3M	20x	as long as short
Bitget PONSUSDT	+0.0220%	4h	$4.6M	$11.1M	20x	as long as short
Phemex PONSUSDT	+0.0267%	4h	$1.7M	$3.3M	20x	as long as short
Nado PONS-PERP	+0.0315%	1h	$113K	$71K	5x	as long as short
Variational Omni PONS	+0.0343%	4h	$1.2M	$3.9M	—	as long as short
Bybit PONSUSDT	+0.0362%	4h	$18.0M	$29.3M	20x	as long as short
Extended PONS-USD	+0.0368%	1h	$88K	$537K	5x	as long as short
Binance PONSUSDT	+0.0369%	4h	$38.5M	$97.1M	20x	as long as short
MEXC PONS_USDT	+0.0374%	4h	$7.1M	$5.2M	20x	as long as short
BingX PONS-USDTshort	+0.0386%	4h	—	$3.2M	—
edgeX PONSUSDC	+0.0391%	4h	$21K	$292K	10x	as long as short
Hyperliquid PONS	+0.0392%	1h	$59.3M	$28.5M	3x	as long as short
Polymarket Perps PONS-USD	+0.0491%	1h	$51K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0609%	4h	$1.8M	$950K	20x	as long as short
Pacifica PONS	+0.0616%	1h	$49K	$119K	3x	as long as short
Lighter RH PONS	+0.0640%	1h	$417K	$2.3M	3x	as long as short
Lighter PONSlong	+0.1064%	1h	$1.7M	$834K	3x
Phoenix PONS	+0.1528%	1h	$24K	$61K	3x	as long as short