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PONS — funding rate on OKX
OKX · PONS-USDT-SWAP+0.160%per 4h · +0.040%/hshorts receive
last settlement+0.154%→upcoming payout+0.160%• unchanged
2:04:25settlement
2calmheat
Price (mark)
0.7038
-0.3% 24h
Vol 24h
$4.1M
Open interest
$845K
Price move in 2 min
—
avg 7d
—
avg 30d
—
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $4.01 · $1/hour
- Net snipe per settlement
- $0.01 = 0.160% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 1.00×needs 0.160%+ per settlement
- Liquidation price
- 0.841041 (+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 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| OKX ← you are here | +0.160% / 4h | +0.040%/h | shorts | 0.000% |
| Bitget | +0.099% / 4h | +0.025%/h | shorts | -0.061% |
| Bybit | +0.071% / 4h | +0.018%/h | shorts | -0.089% |
| Hyperliquid | +0.009% / 1h | +0.009%/h | shorts | -0.151% |
OKX← you are here+0.040%/h
shortsrate +0.160% / 4hsnipe 0.000%
Bitget+0.025%/h
shortsrate +0.099% / 4hsnipe -0.061%
Bybit+0.018%/h
shortsrate +0.071% / 4hsnipe -0.089%
Hyperliquid+0.009%/h
shortsrate +0.009% / 1hsnipe -0.151%
Max spread across exchanges: +0.031%/h
PONS across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
3 exchanges on one timeline
Bitgetevery 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
0.0085%/h
widest spread
0.0496%/h
31.08 13:00 UTC · Bybit ↔ 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.