data as of
Settings8H · net · $10k
Funding arb /

PONS

all PONS markets
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Funding spread now, next payment 15:00 UTC+0.0754%/8h
paid, last 24h−0.067%paid, last 7 days−0.129%to open and close $10k−$78
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.129% in total (about -6.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH PONS0.63720.0312pay 0.0039% / 1h45m 09s$453K$2.2M3x
ShortGate PONS_USDT0.63620.1066get 0.0533% / 4h1h 45m$5.7M$7.1M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$158.34
Slippage, 4 orders
−$62.61
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$80.73
Break-even
3.4 days
Slippage from Lighter RH: live order book, 4 min ago; Gate: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.155%
Avg gap 7d
−0.044%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 4 min ago7.57 bp12.6 bp −$1342.7 bp −$427doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago3.16 bp25.8 bp −$2676.8 bp −$768doesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0032%1h$227K150xas long as short
Injective PONS/USDC PERP+0.0033%1h$590$15K5.5xas long as short
Popdex PONSUSDT+0.0096%1h$20K$470K20xas long as short
ApeX Omni PONSUSDT+0.0100%1h$40K$319K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h$2K$2K10xas long as short
SunX PONS-USDT+0.0100%4h$1.2M10xas long as short
SoDEX PONS-USD+0.0100%1h$29K$463K3xas long as short
HTX PONS-USDT+0.0100%4h$67K$493K20xas long as short
Phemex PONSUSDT+0.0100%4h$1.8M$3.4M20xas long as short
OKX PONS-USDT-SWAP+0.0230%4h$15.2M$56.6M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aevo PONS-PERP+0.0256%1h$3973xas long as short
Lighter RH PONSlong+0.0312%1h$453K$2.2M3x
Aster PONSUSDT+0.0412%4h$1.1M$2.2M20xas long as short
Polymarket Perps PONS-USD+0.0446%1h$64K$1.7M3xas long as short
Variational Omni PONS+0.0527%4h$1.8M$3.3Mas long as short
Nado PONS-PERP+0.0529%1h$117K$67K5xas long as short
KuCoin PONSUSDTM+0.0570%4h$2.3M$2.1M20xas long as short
Bybit PONSUSDT+0.0641%4h$20.3M$26.1M20xas long as short
MEXC PONS_USDT+0.0684%4h$8.2M$4.8M20xas long as short
Binance PONSUSDT+0.0686%4h$42.9M$92.5M20xas long as short
Extended PONS-USD+0.0688%1h$161K$464K5xas long as short
edgeX PONSUSDC+0.0702%4h$22K$289K10xas long as short
BingX PONS-USDT+0.0718%4h$2.9Mas long as short
Bitget PONSUSDT+0.0740%4h$5.0M$10.4M20xas long as short
Pacifica PONS+0.0858%1h$49K$176K3xas long as short
BloFin PONS-USDT+0.0926%4h$2.0M$908K20xas long as short
Lighter PONS+0.0968%1h$1.8M$729K3xas long as short
Hyperliquid PONS+0.1011%1h$64.6M$25.4M3xas long as short
Gate PONS_USDTshort+0.1066%4h$5.7M$7.1M20x
Phoenix PONS+0.1767%1h$26K$45K3xas long as short