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PONS — funding rate on Binance

Binance · PONSUSDT
+0.093%per 4h · +0.023%/hshorts receive
last settlement+0.089%upcoming payout+0.093% unchanged
2:57:13settlement
1calmheat
Price (mark)
0.945275
+3.2% 24h
Vol 24h
$19.3M
Open interest
Price move in 2 min

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (4h)
$2.34 · $0.58/hour
Net snipe per settlement
$-1.66 = 0.093%0.110% 0.050%
Break-even for entry
rate covers the threshold 0.58×needs 0.160%+ per settlement
Liquidation price
1.1296 (+19.50% from price)
Risk at this leverage
no volatility data
Max “green” leverage

Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.

Context and comparison

Funding history · 1 settlement

История появится после первых начислений — радар записывает каждую отсечку.

PONS on 5 exchanges

Max spread across exchanges: +0.022%/h

PONS across all exchanges: comparison & curves →
Rates across exchangesPRO · open for now

4 exchanges on one timeline

OKXevery 4hBitgetevery 4hBybitevery 4hHyperliquidevery 1hrate corridor between exchanges

exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market

spread typically
0.0144%/h
widest spread
0.0538%/h
05.09 20:00 UTC · OKX ↔ Hyperliquid

the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields

How to read this
  • Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
  • Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
  • Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.