PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.90 per $10,000 · paid last 24h +0.032%

Price spread now: OKX against Orderly+0.014%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_PONS_USDC_mythos	0.6302	0.0100	pay 0.0050% / 4h	1h 06m	$2K	$4K	10x
Short	OKX PONS-USDT-SWAP	0.6303	0.0281	get 0.0140% / 4h	1h 06m	$14.0M	$59.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Orderly. 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 OrderlybpFee OKXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $38.01
Price spread: +0.014% → 0.000%: $1.43
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: $23.44
Costs to cover: 0.160%
Break-even: 2.7 days

Slippage unknown: Orderly: no order-book sample; OKX: live order book, 5 min ago. Net counts fees only.

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 Orderly no order-book sample	—	—	—	—	—
Sell OKX live order book, 5 min ago	1.60 bp	13.1 bp −$13	34.6 bp −$346	doesn't fit	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PONS on 30 exchanges

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 +0.0032% / S −0.0029%	1h	0.6266	−0.573%	$247K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	−5.770%	$610	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6306	+0.062%	$22K	$395K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6302	+0.003%	$77K	$92K	5x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.6291	−0.176%	$5.4M	$6.5M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6276	−0.420%	$31K	$285K	5x	as long as short
Orderly PERP_PONS_USDC_mythoslong	+0.0100%	4h	0.6302	long leg	$2K	$4K	10x
SunX PONS-USDT	+0.0100%	4h	0.6301	−0.019%	—	$847K	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6296	−0.092%	$27K	$596K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6294	−0.135%	$65K	$549K	20x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.6291	−0.176%	$1.7M	$3.2M	20x	as long as short
Hyperliquid PONS	+0.0225%	1h	0.6301	−0.011%	$64.6M	$29.5M	3x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.6296	−0.097%	$392	—	3x	as long as short
Lighter PONS	+0.0280%	1h	0.6301	−0.021%	$1.7M	$858K	3x	as long as short
OKX PONS-USDT-SWAPshort	+0.0281%	4h	0.6303	+0.014%	$14.0M	$59.1M	20x
Lighter RH PONS	+0.0320%	1h	0.6298	−0.068%	$459K	$2.7M	3x	as long as short
Aster PONSUSDT	+0.0451%	4h	0.6300	−0.033%	$1.2M	$2.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.0471%	1h	0.6304	+0.029%	$89K	$2.0M	3x	as long as short
KuCoin PONSUSDTM	+0.0492%	4h	0.6306	+0.065%	$1.8M	$4.3M	20x	as long as short
Variational Omni PONS	+0.0580%	4h	0.6259	−0.685%	$1.5M	$3.9M	—	as long as short
Extended PONS-USD	+0.0592%	1h	0.6304	+0.030%	$181K	$854K	5x	as long as short
Binance PONSUSDT	+0.0593%	4h	0.6303	+0.014%	$40.6M	$98.2M	20x	as long as short
MEXC PONS_USDT	+0.0594%	4h	0.6301	−0.017%	$7.6M	$4.7M	20x	as long as short
edgeX PONSUSDC	+0.0602%	4h	0.6277	−0.396%	$18K	$294K	10x	as long as short
Pacifica PONS	+0.0616%	1h	0.6301	−0.021%	$46K	$73K	3x	as long as short
Bitget PONSUSDT	+0.0716%	4h	0.6302	−0.002%	$5.0M	$13.1M	20x	as long as short
BingX PONS-USDT	+0.0722%	4h	0.6295	−0.113%	—	$3.1M	—	as long as short
Bybit PONSUSDT	+0.0770%	4h	0.6302	−0.002%	$18.9M	$31.6M	20x	as long as short
BloFin PONS-USDT	+0.0834%	4h	0.6295	−0.113%	$1.8M	$1.1M	20x	as long as short
Phoenix PONS	+0.1637%	1h	0.6260	−0.665%	$48K	$162K	3x	as long as short