PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h −0.017%

Price spread now: KuCoin against MEXC−0.024%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$670.667% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.191%−$19 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.024%, 7d avg −0.020%

Together, before fees−0.173%−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.191%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PONS_USDT	0.5816	0.0584	pay 0.0292% / 4h	2h 24m	$7.4M	$4.8M	20x
Short	KuCoin PONSUSDTM	0.5815	0.0732	get 0.0366% / 4h	2h 24m	$1.6M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.024%Rate

Funding earned: $31.08
Price spread: −0.024% → −0.020%: −$0.37
Slippage, 4 orders: −$54.65
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$35.94
Costs to cover: 0.667%
Break-even: 15.1 days

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 min ago.

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 MEXC live order book, 3 min ago	0.85 bp	3.5 bp −$4	10.0 bp −$100	294.5 bp −$29.5K	doesn't fit
Sell KuCoin live order book, 3 min ago	3.30 bp	29.6 bp −$30	doesn't fit	doesn't fit	doesn't fit

PONS on 30 venues

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 −0.0032%	1h	0.5829	+0.231%	$232K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+2.639%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5810	−0.096%	$411K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5822	+0.103%	$19K	$425K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5839	+0.399%	$2K	$3K	10x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5818	+0.030%	$68K	$131K	5x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.5808	−0.138%	$5.2M	$6.3M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5912	+1.652%	$29K	$331K	5x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5826	+0.172%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5833	+0.284%	$25K	$575K	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PONS-USDT	+0.0100%	4h	0.5851	+0.609%	$64K	$524K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5834	+0.309%	$1.6M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0224%	1h	0.5825	+0.155%	$363	—	3x	as long as short
Hyperliquid PONS	+0.0228%	1h	0.5814	−0.034%	$59.1M	$29.3M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0386%	4h	0.5818	+0.034%	$13.2M	$54.8M	20x	as long as short
Aster PONSUSDT	+0.0456%	4h	0.5818	+0.038%	$1.1M	$2.2M	20x	as long as short
Lighter PONS	+0.0528%	1h	0.5816	+0.007%	$1.6M	$930K	3x	as long as short
Bitget PONSUSDT	+0.0582%	4h	0.5823	+0.115%	$4.6M	$12.1M	20x	as long as short
Extended PONS-USD	+0.0584%	1h	0.5818	+0.042%	$99K	$817K	5x	as long as short
MEXC PONS_USDTlong	+0.0584%	4h	0.5816	long leg	$7.4M	$4.8M	20x
Binance PONSUSDT	+0.0585%	4h	0.5819	+0.054%	$38.0M	$98.0M	20x	as long as short
Variational Omni PONS	+0.0613%	4h	0.5828	+0.207%	$1.3M	$4.1M	—	as long as short
edgeX PONSUSDC	+0.0623%	4h	0.5888	+1.238%	$20K	$294K	10x	as long as short
Pacifica PONS	+0.0715%	1h	0.5818	+0.028%	$44K	$69K	3x	as long as short
KuCoin PONSUSDTMshort	+0.0732%	4h	0.5815	−0.024%	$1.6M	$3.8M	20x
Polymarket Perps PONS-USD	+0.0760%	1h	0.5822	+0.100%	$133K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0825%	4h	0.5839	+0.395%	$1.7M	$934K	20x	as long as short
BingX PONS-USDT	+0.0834%	4h	0.5822	+0.103%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0941%	4h	0.5818	+0.034%	$17.5M	$31.5M	20x	as long as short
Phoenix PONS	+0.1719%	1h	0.5822	+0.108%	$44K	$121K	3x	as long as short