PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0351%/8h= +38.4% APRnext payment +$0.44 per $10,000 · paid last 24h +0.089%

Price spread now: Pacifica against ApeX Omni+0.461%51s7-day average −0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1141.140% of the position

Long on ApeX Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.371%+$37 on $10k

Price spread, last 3 days (all we have)−0.535%−$53 · spread now +0.461%, 7d avg −0.120%

Together, before fees−0.164%+ Points / potential airdropPacifica: Active · farm board−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Pacifica is 0.581% dearer against ApeX Omni than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of −0.120%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PONSUSDT	0.5908	0.0100	pay 0.0013% / 1h	50m 17s	$34K	$342K	5x
Short	Pacifica PONS	0.5935	0.0451	get 0.0056% / 1h	50m 17s	$47K	$103K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee PacificabpOrdersPrice spread, now +0.461%Rate

Funding earned: $73.72
Price spread: +0.461% → −0.120%: $58.14
Slippage, 4 orders: −$96
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $17.86
Costs to cover: 1.140%
Break-even: 5.3 days

Slippage from ApeX Omni: live order book, 32 min ago; Pacifica: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 32 min ago	32.60 bp	40.5 bp −$40	115.9 bp −$1,159	doesn't fit	doesn't fit
Sell Pacifica live order book, 32 min ago	6.26 bp	16.8 bp −$17	doesn't fit	doesn't fit	doesn't fit

PONS on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) PONS/USD	L +0.0032% / S −0.0034%	1h	0.5920	+0.210%	$217K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5920	+0.200%	$609	$6K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5934	+0.443%	$21K	$440K	20x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.5922	+0.240%	$17.7M	$31.7M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.5924	+0.274%	$13.5M	$56.1M	20x	as long as short
KuCoin PONSUSDTM	+0.0100%	4h	0.5935	+0.457%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0100%	4h	0.5928	+0.350%	$4.7M	$11.7M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.5905	−0.047%	$1.3M	$4.3M	—	as long as short
ApeX Omni PONSUSDTlong	+0.0100%	1h	0.5908	long leg	$34K	$342K	5x
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5931	+0.401%	$2K	$3K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX PONS-USDT	+0.0100%	4h	0.5930	+0.376%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5925	+0.298%	$27K	$544K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5920	+0.210%	$64K	$505K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5912	+0.071%	$1.6M	$3.3M	20x	as long as short
Aevo PONS-PERP	+0.0120%	1h	0.5927	+0.317%	$369	—	3x	as long as short
Aster PONSUSDT	+0.0135%	4h	0.5925	+0.288%	$1.1M	$2.2M	20x	as long as short
Extended PONS-USD	+0.0160%	1h	0.5925	+0.292%	$106K	$522K	5x	as long as short
Binance PONSUSDT	+0.0164%	4h	0.5926	+0.308%	$38.5M	$97.8M	20x	as long as short
MEXC PONS_USDT	+0.0164%	4h	0.5929	+0.359%	$7.5M	$4.9M	20x	as long as short
Nado PONS-PERP	+0.0169%	1h	0.5932	+0.416%	$90K	$103K	5x	as long as short
BingX PONS-USDT	+0.0174%	4h	0.5926	+0.308%	—	$3.1M	—	as long as short
edgeX PONSUSDC	+0.0192%	4h	0.5904	−0.067%	$21K	$293K	10x	as long as short
Lighter RH PONS	+0.0368%	1h	0.5932	+0.403%	$407K	$2.6M	3x	as long as short
BloFin PONS-USDT	+0.0405%	4h	0.5917	+0.156%	$1.7M	$975K	20x	as long as short
Pacifica PONSshort	+0.0451%	1h	0.5935	+0.461%	$47K	$103K	3x
Polymarket Perps PONS-USD	+0.0474%	1h	0.5935	+0.454%	$37K	$1.8M	3x	as long as short
Hyperliquid PONS	+0.0609%	1h	0.5937	+0.487%	$59.7M	$29.9M	3x	as long as short
Lighter PONS	+0.0776%	1h	0.5934	+0.442%	$1.7M	$984K	3x	as long as short
Gate PONS_USDT	+0.1092%	4h	0.5923	+0.257%	$5.2M	$6.4M	20x	as long as short
Phoenix PONS	+0.1398%	1h	0.5917	+0.147%	$30K	$96K	3x	as long as short