PONS funding arbitrage: bybit vs hyperliquid

Long PONSUSDT on bybit against short PONS on hyperliquid.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitPONSUSDT-0.0201% / 4h-44.13%$28.40M$1.59M
ShorthyperliquidPONS0.0013% / 1h+10.95%$65.66M$19.48M

Funding spread +55.08% APR. Price spread +0.0746%.

Data generated at 2026-09-01T05:32:15Z. Live numbers load on this page automatically.