PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0410%/8h= −44.8% APRnext payment −$0.51 per $10,000 · paid last 24h −0.137%

Price spread now: gTrade (Gains Network) against Lighter RH−0.173%7-day average −0.170% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$4,609as in the Price arb table

costs, in and out, $10k−$4,60946.091% of the position

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)−0.259%−$26 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.173%, 7d avg −0.170%

Together, before fees−0.240%+ Points / potential airdropLighter RH: Points live · farm board−$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.170%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH PONS	0.6164	0.0440	pay 0.0055% / 1h	3m 04s	$428K	$2.7M	3x
Short	gTrade (Gains Network) PONS/USD	0.6153	L +0.0032% / S −0.0030%	get 0.0004% / 1h	3m 04s	$241K	—	150x

Funding history

latest

Range statsloading…

gTrade (Gains Network) against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee Lighter RHbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.173%Rate

Slippage from Lighter RH: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 36 min ago.

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	5.12 bp	11.8 bp −$12	52.6 bp −$526	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 36 min ago	130.01 bp	2471.2 bp −$2,471	doesn't fit	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) PONS/USDshort	L +0.0032% / S −0.0030%	1h	0.6153	−0.173%	$241K	—	150x
Popdex PONSUSDT	+0.0096%	1h	0.6164	+0.002%	$23K	$456K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6159	−0.076%	$72K	$130K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6158	−0.096%	$30K	$299K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6166	+0.034%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6158	−0.096%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6162	−0.026%	$26K	$638K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6169	+0.076%	$67K	$535K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6163	−0.015%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.6161	−0.040%	$384	—	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PONS_USDT	+0.0368%	4h	0.6155	−0.144%	$5.5M	$6.6M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0400%	4h	0.6164	+0.002%	$13.9M	$60.7M	20x	as long as short
Aster PONSUSDT	+0.0437%	4h	0.6157	−0.107%	$1.1M	$2.3M	20x	as long as short
Lighter RH PONSlong	+0.0440%	1h	0.6164	long leg	$428K	$2.7M	3x
Variational Omni PONS	+0.0488%	4h	0.6153	−0.174%	$1.5M	$4.2M	—	as long as short
Lighter PONS	+0.0488%	1h	0.6164	0.000%	$1.7M	$859K	3x	as long as short
KuCoin PONSUSDTM	+0.0498%	4h	0.6165	+0.024%	$1.6M	$4.1M	20x	as long as short
Hyperliquid PONS	+0.0509%	1h	0.6162	−0.023%	$62.9M	$30.5M	3x	as long as short
Pacifica PONS	+0.0572%	1h	0.6158	−0.097%	$46K	$77K	3x	as long as short
Binance PONSUSDT	+0.0589%	4h	0.6167	+0.050%	$40.1M	$105.2M	20x	as long as short
Extended PONS-USD	+0.0592%	1h	0.6164	−0.006%	$103K	$827K	5x	as long as short
MEXC PONS_USDT	+0.0594%	4h	0.6167	+0.050%	$7.8M	$4.8M	20x	as long as short
edgeX PONSUSDC	+0.0605%	4h	0.6157	−0.109%	$20K	$291K	10x	as long as short
BingX PONS-USDT	+0.0660%	4h	0.6168	+0.067%	—	$3.2M	—	as long as short
Bybit PONSUSDT	+0.0671%	4h	0.6166	+0.034%	$18.5M	$33.1M	20x	as long as short
Bitget PONSUSDT	+0.0686%	4h	0.6165	+0.018%	$4.9M	$13.0M	20x	as long as short
BloFin PONS-USDT	+0.0829%	4h	0.6172	+0.131%	$1.7M	$1.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.0992%	1h	0.6161	−0.045%	$72K	$2.3M	3x	as long as short
Injective PONS/USDC PERP	+0.1069%	1h	0.5938	−3.657%	$610	$10K	5.5x	as long as short
Phoenix PONS	+0.1405%	1h	0.6148	−0.258%	$47K	$127K	3x	as long as short