PONS funding rates
PONS perpetual funding is currently quoted across 14 venues, ranging from -50.2% to +54.7% APR. The most reliable delta-neutral pairing for PONS right now is long Nado / short Kraken at +93.3% net APR (low risk, ~0.6d to break even).
as of 2026-10-20 01:27 UTC
Best delta-neutral pairing
Long Nado / Short Kraken
+93.3% net APR
- Backtested (30d)
- +84.5%
- Stability
- 96.6%
- Risk
- low
- Breakeven
- ~0.6d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradePONS funding by exchange
| Exchange | Funding APR |
|---|---|
| Kraken | +54.72% |
| Extended | +11.39% |
| Hyperliquid | +10.95% |
| Polymarket | +10.95% |
| Pacifica | +10.95% |
| Variational | +10.95% |
| PopDEX | +10.95% |
| Aster | +10.95% |
| TxFlow | +10.95% |
| SoDEX | +10.95% |
| Lighter RH | +10.51% |
| Lighter | +10.51% |
| Arcus | +0.67% |
| Nado | -50.18% |
Frequently asked
What is the PONS funding rate right now?
PONS perpetual funding ranges from -50.18% to 54.72% APR across 14 exchanges we track; the widest delta-neutral spread is long Nado / short Kraken at 93.3% net APR.
Which exchange has the highest PONS funding rate?
Kraken currently has the highest at 54.72% APR. See the full ranking above.