PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.022%

Price spread now: SoDEX against gTrade (Gains Network)+0.153%7-day average +0.145% · 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−$4,713as in the Price arb table

costs, in and out, $10k−$4,71447.136% of the position

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)+0.025%+$3 on $10k

Price spread, last 3 days (all we have)+0.181%+$18 · spread now +0.153%, 7d avg +0.145%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.145%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PONS/USD	0.6103	L +0.0033% / S −0.0034%	pay 0.0004% / 1h	40m 18s	$236K	—	150x
Short	SoDEX PONS-USD	0.6112	0.0100	get 0.0013% / 1h	40m 18s	$28K	$546K	3x

Funding history

latest

Range statsloading…

SoDEX against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee SoDEXbpOrdersPrice spread, now +0.153%Rate

Slippage from gTrade (Gains Network): virtual book (oracle venue), 39 min ago; SoDEX: live order book, 38 min ago.

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), 39 min ago	130.01 bp	2119.8 bp −$2,120	16868.1 bp −$168.7K	doesn't fit	doesn't fit
Sell SoDEX live order book, 38 min ago	1.67 bp	59.1 bp −$59	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
Injective PONS/USDC PERP	−0.0047%	1h	0.5969	−2.187%	$614	$10K	5.5x	as long as short
gTrade (Gains Network) PONS/USDlong	L +0.0033% / S −0.0034%	1h	0.6103	long leg	$236K	—	150x
Popdex PONSUSDT	+0.0096%	1h	0.6114	+0.181%	$20K	$444K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6114	+0.181%	$86K	$107K	5x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.6112	+0.148%	$18.4M	$31.6M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.6112	+0.148%	$13.9M	$57.9M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6121	+0.291%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6124	+0.348%	$33K	$360K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6121	+0.299%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6117	+0.228%	—	$1.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX PONS-USDshort	+0.0100%	1h	0.6112	+0.153%	$28K	$546K	3x
HTX PONS-USDT	+0.0100%	4h	0.6133	+0.499%	$65K	$508K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6108	+0.083%	$1.7M	$3.3M	20x	as long as short
Lighter RH PONS	+0.0112%	1h	0.6117	+0.237%	$429K	$2.6M	3x	as long as short
KuCoin PONSUSDTM	+0.0130%	4h	0.6112	+0.156%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0134%	4h	0.6116	+0.205%	$4.8M	$11.7M	20x	as long as short
Aevo PONS-PERP	+0.0152%	1h	0.6116	+0.205%	$381	—	3x	as long as short
Aster PONSUSDT	+0.0180%	4h	0.6112	+0.149%	$1.1M	$2.2M	20x	as long as short
Lighter PONS	+0.0256%	1h	0.6114	+0.183%	$1.7M	$921K	3x	as long as short
MEXC PONS_USDT	+0.0292%	4h	0.6113	+0.165%	$8.1M	$4.8M	20x	as long as short
BingX PONS-USDT	+0.0299%	4h	0.6111	+0.132%	—	$3.1M	—	as long as short
Binance PONSUSDT	+0.0301%	4h	0.6114	+0.173%	$39.9M	$98.8M	20x	as long as short
Extended PONS-USD	+0.0304%	1h	0.6112	+0.155%	$253K	$682K	5x	as long as short
edgeX PONSUSDC	+0.0306%	4h	0.6124	+0.343%	$21K	$294K	10x	as long as short
BloFin PONS-USDT	+0.0534%	4h	0.6124	+0.345%	$1.8M	$1.0M	20x	as long as short
Polymarket Perps PONS-USD	+0.0712%	1h	0.6113	+0.168%	$42K	$1.7M	3x	as long as short
Pacifica PONS	+0.0899%	1h	0.6111	+0.134%	$48K	$96K	3x	as long as short
Hyperliquid PONS	+0.0956%	1h	0.6117	+0.225%	$62.2M	$30.8M	3x	as long as short
Phoenix PONS	+0.1307%	1h	0.6125	+0.358%	$31K	$102K	3x	as long as short
Gate PONS_USDT	+0.2142%	4h	0.6108	+0.083%	$5.4M	$6.3M	20x	as long as short