PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0457%/8h= +50.0% APRnext payment +$0.57 per $10,000 · paid last 24h +0.019%

Price spread now: Pacifica against Extended−0.111%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.160%−$16 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.111% cheaper against Extended than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 19 hours of funding at the current rate (+$14 a day). Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.160% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PONS-USD	0.6034	0.0624	pay 0.0078% / 1h	32m 42s	$108K	$808K	5x
Short	Pacifica PONS	0.6028	0.1081	get 0.0135% / 1h	32m 42s	$47K	$67K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now −0.111%Rate

Funding earned: $95.96
Price spread: −0.111% → 0.000%: −$11.14
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $71.83
Costs to cover: 0.130%
Break-even: 1.8 days

Slippage unknown: Extended: live order book, 20 min ago; Pacifica: no order-book sample. Net counts fees only.

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 Extended live order book, 20 min ago	12.86 bp	26.5 bp −$26	149.3 bp −$1,493	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 +0.0033% / S −0.0032%	1h	0.6034	+0.002%	$240K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.073%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6041	+0.112%	$21K	$416K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6038	+0.056%	$71K	$129K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6023	−0.188%	$35K	$342K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6049	+0.238%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6040	+0.104%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6040	+0.104%	$26K	$531K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6058	+0.394%	$66K	$513K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6040	+0.095%	$1.7M	$3.2M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PONS	+0.0144%	1h	0.6034	−0.009%	$413K	$2.5M	3x	as long as short
Aevo PONS-PERP	+0.0240%	1h	0.6041	+0.107%	$376	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0347%	4h	0.6024	−0.170%	$13.7M	$55.2M	20x	as long as short
Variational Omni PONS	+0.0398%	4h	0.6017	−0.278%	$1.5M	$3.9M	—	as long as short
Hyperliquid PONS	+0.0490%	1h	0.6032	−0.042%	$61.7M	$28.0M	3x	as long as short
Bitget PONSUSDT	+0.0516%	4h	0.6037	+0.049%	$4.6M	$11.5M	20x	as long as short
Aster PONSUSDT	+0.0518%	4h	0.6037	+0.045%	$1.1M	$2.1M	20x	as long as short
Lighter PONS	+0.0552%	1h	0.6034	−0.004%	$1.7M	$892K	3x	as long as short
Gate PONS_USDT	+0.0566%	4h	0.6032	−0.037%	$5.3M	$6.2M	20x	as long as short
MEXC PONS_USDT	+0.0620%	4h	0.6036	+0.029%	$7.7M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0623%	4h	0.6030	−0.067%	$39.4M	$94.3M	20x	as long as short
Extended PONS-USDlong	+0.0624%	1h	0.6034	long leg	$108K	$808K	5x
edgeX PONSUSDC	+0.0627%	4h	0.6032	−0.041%	$18K	$293K	10x	as long as short
Polymarket Perps PONS-USD	+0.0688%	1h	0.6041	+0.117%	$74K	$1.6M	3x	as long as short
KuCoin PONSUSDTM	+0.0738%	4h	0.6036	+0.029%	$1.6M	$3.8M	20x	as long as short
BingX PONS-USDT	+0.0808%	4h	0.6034	−0.004%	—	$2.9M	—	as long as short
BloFin PONS-USDT	+0.0863%	4h	0.6031	−0.054%	$1.7M	$966K	20x	as long as short
Pacifica PONSshort	+0.1081%	1h	0.6028	−0.111%	$47K	$67K	3x
Bybit PONSUSDT	+0.1120%	4h	0.6025	−0.153%	$18.1M	$30.6M	20x	as long as short
Phoenix PONS	+0.1586%	1h	0.6028	−0.095%	$46K	$109K	3x	as long as short