PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.084%

Price spread now: Bitget against SoDEX+0.041%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1661.660% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.385%+$39 on $10k

Price spread, last 3 days (all we have)−0.113%−$11 · spread now +0.041%, 7d avg +0.034%

Together, before fees+0.272%+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX PONS-USD	0.6108	0.0100	pay 0.0013% / 1h	31m 18s	$28K	$547K	3x
Short	Bitget PONSUSDT	0.6110	0.0228	get 0.0114% / 4h	3h 31m	$4.8M	$11.4M	20x

Funding history

latest

Range statsloading…

Bitget against SoDEX. 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 SoDEXbpFee BitgetbpOrdersPrice spread, now +0.041%Rate

Slippage from SoDEX: live order book, 42 min ago; Bitget: live order book, 2 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX live order book, 42 min ago	0.82 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.31 bp	18.1 bp −$18	doesn't fit	doesn't fit	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	0.6099	−0.142%	$242K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−2.260%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.6106	−0.020%	$432K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6111	+0.057%	$20K	$415K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6105	−0.048%	$1.4M	$4.1M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6102	−0.090%	$33K	$359K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6115	+0.124%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6108	0.000%	—	$1.3M	10x	as long as short
SoDEX PONS-USDlong	+0.0100%	1h	0.6108	long leg	$28K	$547K	3x
HTX PONS-USDT	+0.0100%	4h	0.6120	+0.201%	$65K	$511K	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	0.6098	−0.156%	$1.7M	$3.2M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0160%	4h	0.6105	−0.041%	$13.9M	$57.1M	20x	as long as short
Aevo PONS-PERP	+0.0168%	1h	0.6107	−0.008%	$380	—	3x	as long as short
KuCoin PONSUSDTM	+0.0178%	4h	0.6109	+0.020%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDTshort	+0.0228%	4h	0.6110	+0.041%	$4.8M	$11.4M	20x
Aster PONSUSDT	+0.0249%	4h	0.6106	−0.020%	$1.1M	$2.1M	20x	as long as short
MEXC PONS_USDT	+0.0342%	4h	0.6107	−0.008%	$8.0M	$4.8M	20x	as long as short
edgeX PONSUSDC	+0.0350%	4h	0.6075	−0.526%	$21K	$294K	10x	as long as short
Binance PONSUSDT	+0.0350%	4h	0.6104	−0.057%	$40.0M	$96.8M	20x	as long as short
Extended PONS-USD	+0.0352%	1h	0.6108	+0.004%	$252K	$679K	5x	as long as short
Lighter PONS	+0.0456%	1h	0.6108	0.000%	$1.7M	$909K	3x	as long as short
BloFin PONS-USDT	+0.0590%	4h	0.6105	−0.041%	$1.8M	$1.0M	20x	as long as short
Nado PONS-PERP	+0.0606%	1h	0.6107	−0.001%	$105K	$115K	5x	as long as short
Bybit PONSUSDT	+0.0647%	4h	0.6104	−0.057%	$18.3M	$30.9M	20x	as long as short
Pacifica PONS	+0.0665%	1h	0.6109	+0.019%	$48K	$87K	3x	as long as short
BingX PONS-USDT	+0.0682%	4h	0.6110	+0.041%	—	$3.1M	—	as long as short
Polymarket Perps PONS-USD	+0.0756%	1h	0.6110	+0.034%	$44K	$1.6M	3x	as long as short
Hyperliquid PONS	+0.0903%	1h	0.6111	+0.051%	$62.1M	$29.2M	3x	as long as short
Gate PONS_USDT	+0.0916%	4h	0.6104	−0.057%	$5.3M	$6.2M	20x	as long as short
Phoenix PONS	+0.1608%	1h	0.6077	−0.493%	$31K	$113K	3x	as long as short