PONS

Alert

Funding spread now, next payment 16:00 UTC+0.0224%/8h

paid, last 24h−0.149%paid, last 7 days−0.096%to open and close $10k−$41

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.096% in total (about -5.0% 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 RH PONS	0.6343	0.0408	pay 0.0051% / 1h	59m 27s	$444K	$2.1M	3x
Short	Binance PONSUSDT	0.6335	0.0632	get 0.0316% / 4h	59m 27s	$42.7M	$93.7M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee BinancebpOrdersRate

Funding earned: $47.04
Slippage, 4 orders: −$31.45
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $5.58
Break-even: 6.2 days

Slippage from Lighter RH: live order book, 5 min ago; Binance: live order book, 15 min ago.

Price risk

price view

Price gap now: −0.123%
Avg gap 7d: +0.024%

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 RH live order book, 5 min ago	3.83 bp	4.9 bp −$5	31.7 bp −$317	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.58 bp	13.6 bp −$14	52.9 bp −$529	272.0 bp −$27.2K	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 −0.0032%	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	$471K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$40K	$316K	5x	as long as short
Polymarket Perps PONS-USD	+0.0100%	1h	$81K	$1.8M	3x	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	$29K	$477K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$67K	$493K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	$1.7M	$3.4M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PONS-USDT-SWAP	+0.0172%	4h	$15.0M	$56.6M	20x	as long as short
Aevo PONS-PERP	+0.0240%	1h	$396	—	3x	as long as short
Gate PONS_USDT	+0.0382%	4h	$5.7M	$6.8M	20x	as long as short
Lighter RH PONSlong	+0.0408%	1h	$444K	$2.1M	3x
Aster PONSUSDT	+0.0445%	4h	$1.1M	$2.2M	20x	as long as short
KuCoin PONSUSDTM	+0.0568%	4h	$1.9M	$2.8M	20x	as long as short
Variational Omni PONS	+0.0574%	4h	$1.9M	$3.3M	—	as long as short
Bitget PONSUSDT	+0.0596%	4h	$5.0M	$10.7M	20x	as long as short
Binance PONSUSDTshort	+0.0632%	4h	$42.7M	$93.7M	20x
MEXC PONS_USDT	+0.0638%	4h	$8.2M	$4.9M	20x	as long as short
Extended PONS-USD	+0.0640%	1h	$161K	$472K	5x	as long as short
Nado PONS-PERP	+0.0662%	1h	$116K	$71K	5x	as long as short
edgeX PONSUSDC	+0.0662%	4h	$22K	$290K	10x	as long as short
BingX PONS-USDT	+0.0668%	4h	—	$2.9M	—	as long as short
Bybit PONSUSDT	+0.0754%	4h	$20.6M	$26.8M	20x	as long as short
Pacifica PONS	+0.0858%	1h	$49K	$166K	3x	as long as short
BloFin PONS-USDT	+0.0885%	4h	$1.9M	$921K	20x	as long as short
Lighter PONS	+0.0888%	1h	$1.8M	$710K	3x	as long as short
Hyperliquid PONS	+0.1112%	1h	$64.6M	$26.0M	3x	as long as short
Phoenix PONS	+0.1767%	1h	$26K	$45K	3x	as long as short