PONS

Alert

Funding spread now, next payment 15:00 UTC−0.0282%/8h

paid, last 24h+0.015%paid, last 7 days−0.128%to open and close $10k−$111

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.128% in total (about -6.6% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PONS	0.6342	0.0858	pay 0.0107% / 1h	45m 43s	$49K	$176K	3x
Short	KuCoin PONSUSDTM	0.6355	0.0576	get 0.0288% / 4h	1h 45m	$2.3M	$2.1M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee KuCoinbpOrdersRate

Funding earned: −$59.15
Slippage, 4 orders: −$91.38
Fee Pacifica: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$170.53
Break-even: never at this rate

Slippage from Pacifica: live order book, 8 min ago; KuCoin: live order book, 7 min ago.

Price risk

price view

Price gap now: +0.207%
Avg gap 7d: −0.015%

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 Pacifica live order book, 8 min ago	9.11 bp	20.6 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	4.81 bp	35.9 bp −$36	doesn't fit	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
ApeX Omni PONSUSDT	−0.0047%	1h	$40K	$320K	5x	as long as short
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0032%	1h	$226K	—	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
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	$462K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	$66K	$492K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	$1.8M	$3.4M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0227%	4h	$15.2M	$56.4M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aevo PONS-PERP	+0.0256%	1h	$395	—	3x	as long as short
Lighter RH PONS	+0.0288%	1h	$451K	$2.2M	3x	as long as short
Polymarket Perps PONS-USD	+0.0390%	1h	$64K	$1.7M	3x	as long as short
Aster PONSUSDT	+0.0412%	4h	$1.1M	$2.2M	20x	as long as short
Variational Omni PONS	+0.0527%	4h	$1.8M	$3.3M	—	as long as short
Nado PONS-PERP	+0.0531%	1h	$116K	$67K	5x	as long as short
KuCoin PONSUSDTMshort	+0.0576%	4h	$2.3M	$2.1M	20x
Bybit PONSUSDT	+0.0662%	4h	$20.2M	$26.1M	20x	as long as short
Binance PONSUSDT	+0.0686%	4h	$42.7M	$92.5M	20x	as long as short
Extended PONS-USD	+0.0688%	1h	$161K	$464K	5x	as long as short
MEXC PONS_USDT	+0.0690%	4h	$8.2M	$4.8M	20x	as long as short
edgeX PONSUSDC	+0.0710%	4h	$22K	$288K	10x	as long as short
BingX PONS-USDT	+0.0718%	4h	—	$2.9M	—	as long as short
Bitget PONSUSDT	+0.0744%	4h	$5.0M	$10.4M	20x	as long as short
Pacifica PONSlong	+0.0858%	1h	$49K	$176K	3x
BloFin PONS-USDT	+0.0930%	4h	$1.9M	$904K	20x	as long as short
Lighter PONS	+0.0968%	1h	$1.8M	$729K	3x	as long as short
Hyperliquid PONS	+0.0999%	1h	$64.5M	$25.3M	3x	as long as short
Gate PONS_USDT	+0.1090%	4h	$5.7M	$7.1M	20x	as long as short
Phoenix PONS	+0.1767%	1h	$26K	$45K	3x	as long as short