PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h +0.129%

Price spread now: BingX against SunX−0.007%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$207as in the Funding arb table

Net, price: spread back to 7d avg − costs−$271as in the Price arb table

costs, in and out, $10k−$2722.716% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.649%+$65 on $10k

Price spread, last 3 days (all we have)−0.004%$0 · spread now −0.007%, 7d avg −0.018%

Together, before fees+0.645%+$64 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PONS-USDT	0.6074	0.0100	pay 0.0050% / 4h	2h 21m	—	$1.3M	10x
Short	BingX PONS-USDT	0.6074	0.0388	get 0.0194% / 4h	2h 21m	—	$3.0M	—

Funding history

latest

Range statsloading…

BingX against SunX. 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 SunXbpFee BingXbpOrdersPrice spread, now −0.007%Rate

Slippage from SunX: live order book, 3 min ago; BingX: live order book, 8 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 3 min ago	104.44 bp	123.4 bp −$123	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	2.49 bp	11.7 bp −$12	27.1 bp −$271	143.2 bp −$14.3K	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	0.6061	−0.213%	$240K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.727%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6074	−0.007%	$20K	$423K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6026	−0.805%	$1.4M	$4.0M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6063	−0.184%	$33K	$354K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6076	+0.033%	$2K	$3K	10x	as long as short
SunX PONS-USDTlong	+0.0100%	4h	0.6074	long leg	—	$1.3M	10x
SoDEX PONS-USD	+0.0100%	1h	0.6070	−0.064%	$26K	$518K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6095	+0.336%	$65K	$509K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6063	−0.188%	$1.7M	$3.2M	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PONS-PERP	+0.0184%	1h	0.6073	−0.015%	$378	—	3x	as long as short
Lighter RH PONS	+0.0208%	1h	0.6071	−0.054%	$428K	$2.5M	3x	as long as short
Nado PONS-PERP	+0.0216%	1h	0.6072	−0.037%	$71K	$131K	5x	as long as short
KuCoin PONSUSDTM	+0.0230%	4h	0.6070	−0.071%	$1.7M	$3.6M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0240%	4h	0.6072	−0.040%	$13.9M	$55.3M	20x	as long as short
Lighter PONS	+0.0272%	1h	0.6072	−0.035%	$1.7M	$885K	3x	as long as short
Bybit PONSUSDT	+0.0296%	4h	0.6069	−0.089%	$18.2M	$30.5M	20x	as long as short
Bitget PONSUSDT	+0.0320%	4h	0.6075	+0.016%	$4.7M	$11.3M	20x	as long as short
BingX PONS-USDTshort	+0.0388%	4h	0.6074	−0.007%	—	$3.0M	—
Aster PONSUSDT	+0.0407%	4h	0.6073	−0.026%	$1.1M	$2.0M	20x	as long as short
Extended PONS-USD	+0.0416%	1h	0.6071	−0.053%	$250K	$672K	5x	as long as short
MEXC PONS_USDT	+0.0418%	4h	0.6074	−0.007%	$7.8M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0422%	4h	0.6073	−0.018%	$39.8M	$94.7M	20x	as long as short
edgeX PONSUSDC	+0.0428%	4h	0.6064	−0.175%	$21K	$292K	10x	as long as short
Gate PONS_USDT	+0.0574%	4h	0.6062	−0.204%	$5.3M	$6.1M	20x	as long as short
Hyperliquid PONS	+0.0684%	1h	0.6071	−0.048%	$61.8M	$28.0M	3x	as long as short
Polymarket Perps PONS-USD	+0.0751%	1h	0.6076	+0.030%	$46K	$1.5M	3x	as long as short
Pacifica PONS	+0.0869%	1h	0.6071	−0.048%	$48K	$75K	3x	as long as short
Phoenix PONS	+0.1695%	1h	0.6031	−0.706%	$31K	$107K	3x	as long as short