PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0286%/8h= +31.3% APRpaid last 24h +0.119%

Price spread now: Binance against gTrade (Gains Network)+0.167%52s7-day average +0.151% · 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—prices read too far apart to compare

costs, in and out, $10k−$4,61946.192% of the position

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)+0.119%+$12 on $10k

Price spread, last 3 days (all we have)+0.070%+$7 · spread now +0.167%, 7d avg +0.151%

Together, before fees+0.189%+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.151%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PONS/USD	0.6121	L +0.0033% / S −0.0033%	pay 0.0004% / 1h	20m 38s	$242K	—	150x
Short	Binance PONSUSDT	0.6131	0.0319	get 0.0159% / 4h	20m 38s	$40.2M	$98.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now +0.167%Rate

Funding earned: $60.05
Price spread: +0.167% → +0.151%: $1.63
Slippage, 4 orders: −$4,597.25
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$4,557.56
Costs to cover: 46.192%
Break-even: 538.2 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 58 min ago; Binance: live order book, 7 min ago.

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 gTrade (Gains Network) virtual book (oracle venue), 58 min ago	130.01 bp	2119.8 bp −$2,120	16868.1 bp −$168.7K	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.82 bp	14.0 bp −$14	46.3 bp −$463	267.7 bp −$26.8K	doesn't fit

PONS on 30 venues

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
Injective PONS/USDC PERP	−0.0047%	1h	0.5969	−2.474%	$614	$10K	5.5x	as long as short
gTrade (Gains Network) PONS/USDlong	L +0.0033% / S −0.0033%	1h	0.6121	long leg	$242K	—	150x
Lighter RH PONS	+0.0096%	1h	0.6135	+0.228%	$428K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6132	+0.181%	$20K	$432K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6137	+0.260%	$88K	$107K	5x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.6128	+0.115%	$18.4M	$31.5M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.6129	+0.132%	$14.0M	$58.1M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6129	+0.126%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6131	+0.172%	$34K	$360K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6136	+0.239%	$2K	$3K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX PONS-USDT	+0.0100%	4h	0.6133	+0.202%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6127	+0.100%	$28K	$545K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6144	+0.372%	$65K	$510K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6128	+0.115%	$1.7M	$3.3M	20x	as long as short
KuCoin PONSUSDTM	+0.0130%	4h	0.6131	+0.171%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0160%	4h	0.6133	+0.190%	$4.8M	$11.7M	20x	as long as short
Aevo PONS-PERP	+0.0160%	1h	0.6132	+0.181%	$382	—	3x	as long as short
Aster PONSUSDT	+0.0174%	4h	0.6130	+0.154%	$1.1M	$2.2M	20x	as long as short
BingX PONS-USDT	+0.0306%	4h	0.6129	+0.132%	—	$3.1M	—	as long as short
edgeX PONSUSDC	+0.0309%	4h	0.6115	−0.099%	$21K	$293K	10x	as long as short
MEXC PONS_USDT	+0.0318%	4h	0.6131	+0.164%	$8.0M	$4.9M	20x	as long as short
Binance PONSUSDTshort	+0.0319%	4h	0.6131	+0.167%	$40.2M	$98.4M	20x
Extended PONS-USD	+0.0320%	1h	0.6132	+0.178%	$253K	$682K	5x	as long as short
Lighter PONS	+0.0368%	1h	0.6136	+0.246%	$1.7M	$923K	3x	as long as short
BloFin PONS-USDT	+0.0559%	4h	0.6135	+0.230%	$1.8M	$1.0M	20x	as long as short
Polymarket Perps PONS-USD	+0.0656%	1h	0.6132	+0.182%	$42K	$1.7M	3x	as long as short
Hyperliquid PONS	+0.0868%	1h	0.6138	+0.277%	$62.5M	$30.0M	3x	as long as short
Pacifica PONS	+0.0899%	1h	0.6130	+0.143%	$48K	$96K	3x	as long as short
Phoenix PONS	+0.1307%	1h	0.6121	−0.006%	$31K	$102K	3x	as long as short
Gate PONS_USDT	+0.2470%	4h	0.6126	+0.083%	$5.4M	$6.3M	20x	as long as short