Funding you earn now, next payment 03:00 UTC−0.0374%/8h= −41.0% APRpaid last 24h +0.102%
Price spread now: Lighter against Gate+0.070%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.684% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 7 days−0.164%−$16 · spread now +0.070%, 7d avg +0.051%
=Together, before fees+0.224%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.388%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PONS_USDT | 0.5991 | 0.0478 | pay 0.0239% / 4h | 1h 43m | $5.2M | $6.2M | 20x |
| Short | Lighter PONS | 0.5995 | 0.0104 | get 0.0013% / 1h | 43m 38s | $1.7M | $874K | 3x |
Gate PONS_USDT
Lighter PONSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$78.54
- Price spread: +0.070% → +0.051%
- $1.9
- Slippage, 4 orders
- −$53.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$145
- Costs to cover
- 0.684%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 3 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 Gate live order book, 5 min ago | 2.51 bp | 27.7 bp −$28 | 248.2 bp −$2,482 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 7.48 bp | 8.4 bp −$8 | 20.1 bp −$201 | 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 +0.0033% / S −0.0033% | 1h | 0.5976 | −0.250% | $237K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.359% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5997 | +0.102% | $420K | $2.5M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5982 | −0.150% | $20K | $424K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5962 | −0.479% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5992 | +0.015% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5983 | −0.137% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5991 | −0.005% | $26K | $517K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6005 | +0.232% | $64K | $507K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5991 | 0.000% | $1.6M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PONSshort | +0.0104% | 1h | 0.5995 | +0.070% | $1.7M | $874K | 3x | |
| Variational Omni PONS | +0.0105% | 4h | 0.5961 | −0.501% | $1.4M | $3.9M | — | as long as short |
| Aevo PONS-PERP | +0.0200% | 1h | 0.5990 | −0.016% | $373 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0245% | 1h | 0.5985 | −0.100% | $70K | $129K | 5x | as long as short |
| OKX PONS-USDT-SWAP | +0.0278% | 4h | 0.5997 | +0.100% | $13.7M | $54.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0346% | 4h | 0.6001 | +0.172% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0388% | 4h | 0.6001 | +0.169% | $4.7M | $11.2M | 20x | as long as short |
| Aster PONSUSDT | +0.0416% | 4h | 0.5991 | +0.006% | $1.1M | $2.0M | 20x | as long as short |
| MEXC PONS_USDT | +0.0460% | 4h | 0.6001 | +0.167% | $7.7M | $4.7M | 20x | as long as short |
| Extended PONS-USD | +0.0464% | 1h | 0.5993 | +0.040% | $248K | $670K | 5x | as long as short |
| edgeX PONSUSDC | +0.0470% | 4h | 0.5954 | −0.619% | $18K | $295K | 10x | as long as short |
| Binance PONSUSDT | +0.0471% | 4h | 0.6002 | +0.184% | $39.2M | $93.7M | 20x | as long as short |
| Gate PONS_USDTlong | +0.0478% | 4h | 0.5991 | long leg | $5.2M | $6.2M | 20x | |
| BingX PONS-USDT | +0.0498% | 4h | 0.6000 | +0.150% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0506% | 4h | 0.5996 | +0.083% | $18.0M | $30.3M | 20x | as long as short |
| BloFin PONS-USDT | +0.0701% | 4h | 0.5986 | −0.083% | $1.8M | $953K | 20x | as long as short |
| Hyperliquid PONS | +0.0717% | 1h | 0.5998 | +0.112% | $61.1M | $27.8M | 3x | as long as short |
| Pacifica PONS | +0.0755% | 1h | 0.5999 | +0.126% | $47K | $72K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0769% | 1h | 0.5985 | −0.107% | $49K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.5973 | −0.304% | $31K | $98K | 3x | as long as short |
Variational Omni PONS
Aevo PONS-PERP
Nado PONS-PERP
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
MEXC PONS_USDT
Extended PONS-USD
edgeX PONSUSDC
Binance PONSUSDT
BingX PONS-USDT
Bybit PONSUSDT
BloFin PONS-USDT
Hyperliquid PONS
Pacifica PONS
Polymarket Perps PONS-USD
Phoenix PONS