Funding you earn now, next payment 06:00 UTC+0.0682%/8h= +74.7% APRnext payment +$0.85 per $10,000 · paid last 24h +0.143%
Price spread now: Pacifica against Injective−1.185%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Pacifica is 1.185% cheaper against Injective than usual: you would sell low and buy high (spread −1.185% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$119 on $10k: about 5.8 days of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PONS/USDC PERP | 0.5969 | 0.0033 | pay 0.0004% / 1h | 40m 36s | $614 | $10K | 5.5x |
| Short | Pacifica PONS | 0.5899 | 0.0715 | get 0.0089% / 1h | 40m 36s | $46K | $68K | 3x |
Injective PONS/USDC PERP
Pacifica PONSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Injective. 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
- $143.24
- Price spread: −1.185% → 0.000%
- −$118.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $16.69
- Costs to cover
- 0.080%
- Break-even
- 6.2 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Injective and 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 | 0.5906 | −1.070% | $235K | — | 150x | as long as short |
| Injective PONS/USDC PERPlong | +0.0033% | 1h | 0.5969 | long leg | $614 | $10K | 5.5x | |
| Lighter RH PONS | +0.0096% | 1h | 0.5903 | −1.114% | $417K | $2.5M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5896 | −1.231% | $21K | $418K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5898 | −1.189% | $69K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5914 | −0.936% | $34K | $335K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5922 | −0.797% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5918 | −0.861% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5915 | −0.918% | $25K | $546K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.5944 | −0.424% | $64K | $512K | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Lighter RH PONS
Popdex PONSUSDT
Nado PONS-PERP
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.5915 | −0.913% | $1.6M | $3.2M | 20x | as long as short |
| Gate PONS_USDT | +0.0134% | 4h | 0.5901 | −1.147% | $5.2M | $6.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.5907 | −1.044% | $368 | — | 3x | as long as short |
| Hyperliquid PONS | +0.0254% | 1h | 0.5903 | −1.109% | $59.8M | $29.0M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0359% | 4h | 0.5894 | −1.265% | $13.4M | $54.5M | 20x | as long as short |
| Aster PONSUSDT | +0.0478% | 4h | 0.5898 | −1.194% | $1.1M | $2.2M | 20x | as long as short |
| Variational Omni PONS | +0.0551% | 4h | 0.5915 | −0.912% | $1.4M | $4.1M | — | as long as short |
| Bitget PONSUSDT | +0.0556% | 4h | 0.5895 | −1.250% | $4.7M | $11.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0603% | 4h | 0.5896 | −1.229% | $38.6M | $94.7M | 20x | as long as short |
| Extended PONS-USD | +0.0608% | 1h | 0.5898 | −1.202% | $106K | $807K | 5x | as long as short |
| MEXC PONS_USDT | +0.0608% | 4h | 0.5898 | −1.198% | $7.5M | $4.7M | 20x | as long as short |
| edgeX PONSUSDC | +0.0627% | 4h | 0.5923 | −0.775% | $20K | $294K | 10x | as long as short |
| Lighter PONS | +0.0632% | 1h | 0.5905 | −1.080% | $1.6M | $886K | 3x | as long as short |
| Pacifica PONSshort | +0.0715% | 1h | 0.5899 | −1.185% | $46K | $68K | 3x | |
| KuCoin PONSUSDTM | +0.0730% | 4h | 0.5895 | −1.256% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0791% | 1h | 0.5918 | −0.863% | $87K | $1.7M | 3x | as long as short |
| Bybit PONSUSDT | +0.0805% | 4h | 0.5892 | −1.298% | $17.6M | $31.0M | 20x | as long as short |
| BingX PONS-USDT | +0.0808% | 4h | 0.5897 | −1.215% | — | $3.0M | — | as long as short |
| BloFin PONS-USDT | +0.0848% | 4h | 0.5919 | −0.846% | $1.7M | $943K | 20x | as long as short |
| Phoenix PONS | +0.1719% | 1h | 0.5922 | −0.802% | $45K | $121K | 3x | as long as short |
Phemex PONSUSDT
Gate PONS_USDT
Aevo PONS-PERP
Hyperliquid PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
Variational Omni PONS
Bitget PONSUSDT
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
edgeX PONSUSDC
Lighter PONS
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
Bybit PONSUSDT
BingX PONS-USDT
BloFin PONS-USDT
Phoenix PONS