PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0292%/8h= −32.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.032%

Price spread now: Orderly against OKX+0.213%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.213% dearer against OKX than usual: you sell high and buy low (spread +0.213% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PONS-USDT-SWAP	0.6338	0.0392	pay 0.0196% / 4h	1h 54m	$14.4M	$60.2M	20x
Short	Orderly PERP_PONS_USDC_mythos	0.6351	0.0100	get 0.0050% / 4h	1h 54m	$2K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now +0.213%Rate

Funding earned: −$61.4
Price spread: +0.213% → 0.000%: $21.3
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$56.1
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: OKX: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

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 OKX live order book, 2 min ago	0.79 bp	14.3 bp −$14	31.2 bp −$312	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PONS on 30 exchanges

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 +0.0032% / S −0.0030%	1h	0.6363	+0.400%	$250K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	−6.303%	$610	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6347	+0.142%	$23K	$405K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6349	+0.174%	$77K	$105K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6362	+0.377%	$32K	$279K	5x	as long as short
Orderly PERP_PONS_USDC_mythosshort	+0.0100%	4h	0.6351	+0.213%	$2K	$4K	10x
SunX PONS-USDT	+0.0100%	4h	0.6352	+0.227%	—	$892K	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6346	+0.128%	$27K	$636K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6359	+0.330%	$67K	$537K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6346	+0.126%	$1.7M	$3.2M	20x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PONS-PERP	+0.0240%	1h	0.6347	+0.142%	$395	—	3x	as long as short
Polymarket Perps PONS-USD	+0.0367%	1h	0.6344	+0.098%	$75K	$2.1M	3x	as long as short
OKX PONS-USDT-SWAPlong	+0.0392%	4h	0.6338	long leg	$14.4M	$60.2M	20x
KuCoin PONSUSDTM	+0.0474%	4h	0.6345	+0.107%	$1.8M	$4.3M	20x	as long as short
Lighter RH PONS	+0.0488%	1h	0.6348	+0.158%	$448K	$2.6M	3x	as long as short
Hyperliquid PONS	+0.0540%	1h	0.6345	+0.109%	$65.2M	$31.1M	3x	as long as short
Aster PONSUSDT	+0.0545%	4h	0.6345	+0.110%	$1.2M	$2.2M	20x	as long as short
Pacifica PONS	+0.0616%	1h	0.6349	+0.179%	$46K	$76K	3x	as long as short
Variational Omni PONS	+0.0656%	4h	0.6360	+0.345%	$1.6M	$4.3M	—	as long as short
Extended PONS-USD	+0.0672%	1h	0.6340	+0.032%	$183K	$881K	5x	as long as short
Binance PONSUSDT	+0.0673%	4h	0.6341	+0.053%	$41.6M	$101.3M	20x	as long as short
MEXC PONS_USDT	+0.0678%	4h	0.6345	+0.110%	$7.9M	$4.5M	20x	as long as short
edgeX PONSUSDC	+0.0695%	4h	0.6371	+0.527%	$19K	$292K	10x	as long as short
Bitget PONSUSDT	+0.0760%	4h	0.6345	+0.114%	$5.1M	$13.6M	20x	as long as short
Lighter PONS	+0.0784%	1h	0.6349	+0.174%	$1.8M	$852K	3x	as long as short
BingX PONS-USDT	+0.0802%	4h	0.6344	+0.095%	—	$3.1M	—	as long as short
Gate PONS_USDT	+0.0832%	4h	0.6346	+0.126%	$5.5M	$6.4M	20x	as long as short
Bybit PONSUSDT	+0.0842%	4h	0.6339	+0.016%	$19.2M	$32.6M	20x	as long as short
BloFin PONS-USDT	+0.0919%	4h	0.6355	+0.268%	$1.9M	$1.1M	20x	as long as short
Phoenix PONS	+0.1668%	1h	0.6368	+0.475%	$49K	$162K	3x	as long as short