PONS

Alert

Funding spread now, next payment 16:00 UTC−0.0480%/8h

next payment, per $10,000−$2.40paid, last 24h−0.019%paid, last 7 days−0.176%to open and close $10k−$35

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.40 per $10,000. 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	MEXC PONS_USDT	0.6355	0.0686	pay 0.0343% / 4h	1h 38m	$8.1M	$4.9M	20x
Short	OKX PONS-USDT-SWAP	0.6351	0.0206	get 0.0103% / 4h	1h 38m	$15.2M	$56.4M	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 MEXCbpFee OKXbpOrdersRate

Funding earned: −$100.81
Slippage, 4 orders: −$24.57
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$135.38
Break-even: never at this rate

Slippage from MEXC: live order book, just now; OKX: live order book, 1 min ago.

Price risk

price view

Price gap now: −0.063%
Avg gap 7d: −0.033%

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 MEXC live order book, just now	2.36 bp	4.7 bp −$5	12.4 bp −$124	373.1 bp −$37.3K	doesn't fit
Sell OKX live order book, 1 min ago	1.58 bp	11.3 bp −$11	28.2 bp −$282	doesn't fit	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	$470K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	$40K	$319K	5x	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	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	$29K	$463K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$67K	$490K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	$1.8M	$3.4M	20x	as long as short
OKX PONS-USDT-SWAPshort	+0.0206%	4h	$15.2M	$56.4M	20x

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aevo PONS-PERP	+0.0240%	1h	$396	—	3x	as long as short
Lighter RH PONS	+0.0344%	1h	$452K	$2.2M	3x	as long as short
Aster PONSUSDT	+0.0419%	4h	$1.1M	$2.2M	20x	as long as short
Nado PONS-PERP	+0.0455%	1h	$117K	$67K	5x	as long as short
Polymarket Perps PONS-USD	+0.0456%	1h	$64K	$1.7M	3x	as long as short
Variational Omni PONS	+0.0496%	4h	$1.8M	$3.3M	—	as long as short
KuCoin PONSUSDTM	+0.0566%	4h	$2.3M	$2.1M	20x	as long as short
Bybit PONSUSDT	+0.0631%	4h	$20.3M	$26.1M	20x	as long as short
MEXC PONS_USDTlong	+0.0686%	4h	$8.1M	$4.9M	20x
Binance PONSUSDT	+0.0687%	4h	$42.8M	$92.5M	20x	as long as short
Extended PONS-USD	+0.0688%	1h	$161K	$463K	5x	as long as short
edgeX PONSUSDC	+0.0689%	4h	$22K	$287K	10x	as long as short
BingX PONS-USDT	+0.0702%	4h	—	$2.9M	—	as long as short
Bitget PONSUSDT	+0.0714%	4h	$5.0M	$10.4M	20x	as long as short
Lighter PONS	+0.0848%	1h	$1.8M	$729K	3x	as long as short
Pacifica PONS	+0.0858%	1h	$49K	$166K	3x	as long as short
BloFin PONS-USDT	+0.0927%	4h	$1.9M	$905K	20x	as long as short
Gate PONS_USDT	+0.0980%	4h	$5.7M	$7.1M	20x	as long as short
Hyperliquid PONS	+0.0986%	1h	$64.5M	$25.3M	3x	as long as short
Phoenix PONS	+0.1767%	1h	$26K	$45K	3x	as long as short