# PONS funding rates and arbitrage

Updated 2026-10-29 18:35 UTC · https://afterfees.xyz/coin/PONS

## Best PONS arbitrage after every cost

No PONS pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## PONS funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | PONSUSD-PERP | 0.0096% | 1 h | +84.0% | +41.0% | $7.9K | 2026-10-29 19:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | PONS-USDT | 0.0200% | 4 h | +43.8% | +27.0% | $981.3K | 2026-10-29 20:00 |
| [Extended](https://afterfees.xyz/venues/extended) | PONS-USD | 0.0013% | 1 h | +11.4% | +11.4% | $94.4K | 2026-10-29 19:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | PONSUSDT | 0.0050% | 4 h | +10.9% | — | $1.7M | 2026-10-29 20:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | PONSUSDTM | 0.0050% | 4 h | +10.9% | +11.9% | $1.4M | 2026-10-29 20:00 |
| [Arcus](https://afterfees.xyz/venues/arcus) | PONS-USD | 0.0013% | 1 h | +10.9% | +10.3% | $259.5K | 2026-10-29 19:00 |
| [Nado](https://afterfees.xyz/venues/nado) | PONS-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $57.4K | 2026-10-29 19:00 |
| [PopDEX](https://afterfees.xyz/venues/popdex) | PONSUSDT | 0.0013% | 1 h | +10.9% | +11.0% | $20.9K | 2026-10-29 19:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | PONSUSDT | 0.0050% | 4 h | +10.9% | +11.0% | — | 2026-10-29 20:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | PONS_USDT | 0.0050% | 4 h | +10.9% | +11.0% | $2.8M | 2026-10-29 20:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | PONS | 0.0013% | 1 h | +10.9% | +11.0% | $30.4K | 2026-10-29 19:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | PONS-USDT | 0.0013% | 1 h | +10.9% | +11.0% | $22.4K | 2026-10-29 19:00 |
| [OKX](https://afterfees.xyz/venues/okx) | PONS-USDT-SWAP | 0.0050% | 4 h | +10.9% | +11.0% | $8.5M | 2026-10-29 20:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | PONSUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $2.4M | 2026-10-29 20:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | PONSUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 20:00 |
| [HTX](https://afterfees.xyz/venues/htx) | PONS-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $77.6K | 2026-10-29 20:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | PONS-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $1.2M | 2026-10-29 20:00 |
| [Aster](https://afterfees.xyz/venues/aster) | PONSUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $478.5K | 2026-10-29 20:00 |
| [Variational](https://afterfees.xyz/venues/variational) | PONS-PERP | 0.0050% | 4 h | +10.9% | — | $635.7K | 2026-10-29 20:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | PONS-USDC | 0.0013% | 1 h | +10.9% | — | $230.5K | 2026-10-29 19:00 |
| [Binance](https://afterfees.xyz/venues/binance) | PONSUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $22.8M | 2026-10-29 20:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | PONS | 0.0013% | 1 h | +10.9% | +11.0% | $21.5M | 2026-10-29 19:00 |
| [Lighter RH](https://afterfees.xyz/venues/lighterrh) | PONS | 0.0012% | 1 h | +10.5% | +12.2% | $224.9K | 2026-10-29 19:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | PONS | 0.0012% | 1 h | +10.5% | +12.4% | $649.1K | 2026-10-29 19:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_PONSUSD | 0.0007% | 1 h | +6.5% | +50.0% | $367K | 2026-10-29 19:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | PONS | 0.0000% | 1 h | 0.0% | −11.2% | — | 2026-10-29 19:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | PONSUSDT | -0.0187% | 4 h | −40.9% | +11.0% | $11.6M | 2026-10-29 20:00 |
| [Gate](https://afterfees.xyz/venues/gate) | PONS_USDT | -0.0791% | 4 h | −173.2% | +6.3% | $13M | 2026-10-29 20:00 |

## Borrow PONS to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 4.84% | — |
| Gate | 6.44% | $120K |

## Cost to enter $10,000 of PONS

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter RH | PONS | 7.8 bp | order-book snapshot, 33 min old |
| Aster | PONSUSDT | 13.1 bp | order-book snapshot, 51 min old |
| Hyperliquid | PONS | 15.0 bp | live order book |
| Bybit | PONSUSDT | 20.5 bp | live order book |
| KuCoin | PONSUSDTM | 43.3 bp | live order book |
| Lighter | PONS | 1.3 bp | top of book only |
| MEXC | PONS_USDT | 1.9 bp | top of book only |
| Extended | PONS-USD | 6.9 bp | top of book only |
| Binance | PONSUSDT | 6.9 bp | top of book only |
| BingX | PONS-USDT | 6.9 bp | top of book only |
| BloFin | PONS-USDT | 7.9 bp | top of book only |
| Bitget | PONSUSDT | 8.5 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on PONS

- [Borrow PONS: rates on every exchange](https://afterfees.xyz/borrow/PONS)

## Questions

**Is PONS funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no PONS pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest PONS funding rate?**

Crypto.com at +84.0% a year (0.0096% every 1 h); the lowest is Gate at −173.2%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._