PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.018%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.330% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.018%, 7d avg +0.001%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PONS_USDT	0.6122	0.0348	pay 0.0174% / 4h	3h 28m	$8.0M	$4.8M	20x
Short	Binance PONSUSDT	0.6123	0.0353	get 0.0176% / 4h	3h 28m	$40.1M	$96.7M	20x

Funding history

latest

Range statsloading…

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.018%Rate

Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 14 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 4 min ago	0.82 bp	5.1 bp −$5	12.3 bp −$123	326.5 bp −$32.7K	doesn't fit
Sell Binance live order book, 14 min ago	0.82 bp	14.5 bp −$15	53.1 bp −$531	265.9 bp −$26.6K	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/USD	L +0.0033% / S −0.0033%	1h	0.6098	−0.396%	$242K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−2.491%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.6108	−0.230%	$432K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6108	−0.229%	$20K	$415K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6105	−0.285%	$1.4M	$4.1M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6102	−0.327%	$33K	$359K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6115	−0.121%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6104	−0.297%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6110	−0.199%	$28K	$547K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6122	−0.002%	$65K	$510K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.6106	−0.261%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0168%	1h	0.6112	−0.163%	$381	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0170%	4h	0.6127	+0.082%	$13.9M	$57.3M	20x	as long as short
KuCoin PONSUSDTM	+0.0182%	4h	0.6120	−0.033%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0238%	4h	0.6128	+0.096%	$4.8M	$11.4M	20x	as long as short
Aster PONSUSDT	+0.0257%	4h	0.6117	−0.075%	$1.1M	$2.1M	20x	as long as short
edgeX PONSUSDC	+0.0344%	4h	0.6106	−0.262%	$21K	$294K	10x	as long as short
MEXC PONS_USDTlong	+0.0348%	4h	0.6122	long leg	$8.0M	$4.8M	20x
Extended PONS-USD	+0.0352%	1h	0.6120	−0.037%	$253K	$679K	5x	as long as short
Binance PONSUSDTshort	+0.0353%	4h	0.6123	+0.018%	$40.1M	$96.7M	20x
Lighter PONS	+0.0472%	1h	0.6111	−0.181%	$1.7M	$926K	3x	as long as short
BloFin PONS-USDT	+0.0593%	4h	0.6107	−0.245%	$1.8M	$1.0M	20x	as long as short
Nado PONS-PERP	+0.0611%	1h	0.6108	−0.229%	$105K	$115K	5x	as long as short
Pacifica PONS	+0.0665%	1h	0.6106	−0.263%	$48K	$78K	3x	as long as short
Bybit PONSUSDT	+0.0681%	4h	0.6125	+0.049%	$18.4M	$30.9M	20x	as long as short
BingX PONS-USDT	+0.0682%	4h	0.6126	+0.065%	—	$3.1M	—	as long as short
Polymarket Perps PONS-USD	+0.0764%	1h	0.6109	−0.221%	$44K	$1.6M	3x	as long as short
Hyperliquid PONS	+0.0902%	1h	0.6118	−0.062%	$62.2M	$29.2M	3x	as long as short
Gate PONS_USDT	+0.0906%	4h	0.6113	−0.147%	$5.3M	$6.2M	20x	as long as short
Phoenix PONS	+0.1608%	1h	0.6110	−0.199%	$32K	$113K	3x	as long as short