PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0411%/8h= +45.0% APRnext payment +$0.51 per $10,000 · paid last 24h −0.046%

Price spread now: Pacifica against Lighter RH−0.038%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

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

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

Funding pays, the price is against you. Pacifica is 0.038% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$12 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 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	Lighter RH PONS	0.6006	0.0448	pay 0.0056% / 1h	0m 33s	$412K	$2.6M	3x
Short	Pacifica PONS	0.6003	0.0859	get 0.0107% / 1h	0m 33s	$47K	$67K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter RH. 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 Lighter RHbpFee PacificabpOrdersPrice spread, now −0.038%Rate

Funding earned: $86.37
Price spread: −0.038% → 0.000%: −$3.83
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $74.54
Costs to cover: 0.080%
Break-even: 1.0 days

Slippage unknown: Lighter RH: live order book, 3 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 Lighter RH live order book, 3 min ago	3.58 bp	10.6 bp −$11	35.9 bp −$359	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	0.5998	−0.120%	$238K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.601%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6005	−0.010%	$21K	$435K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6025	+0.330%	$35K	$345K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6009	+0.055%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6009	+0.060%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6004	−0.027%	$26K	$538K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6019	+0.223%	$65K	$512K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6009	+0.057%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.6007	+0.015%	$374	—	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PONS-PERP	+0.0295%	1h	0.6002	−0.060%	$70K	$129K	5x	as long as short
Variational Omni PONS	+0.0303%	4h	0.6008	+0.039%	$1.4M	$3.9M	—	as long as short
OKX PONS-USDT-SWAP	+0.0318%	4h	0.6003	−0.043%	$13.6M	$55.3M	20x	as long as short
Lighter PONS	+0.0376%	1h	0.6005	−0.012%	$1.6M	$897K	3x	as long as short
Lighter RH PONSlong	+0.0448%	1h	0.6006	long leg	$412K	$2.6M	3x
Aster PONSUSDT	+0.0449%	4h	0.6006	+0.003%	$1.1M	$2.1M	20x	as long as short
Gate PONS_USDT	+0.0490%	4h	0.5998	−0.127%	$5.2M	$6.4M	20x	as long as short
Bitget PONSUSDT	+0.0492%	4h	0.6005	−0.012%	$4.6M	$11.5M	20x	as long as short
Bybit PONSUSDT	+0.0502%	4h	0.6004	−0.027%	$17.9M	$30.9M	20x	as long as short
BingX PONS-USDT	+0.0572%	4h	0.6005	−0.010%	—	$3.0M	—	as long as short
Extended PONS-USD	+0.0600%	1h	0.6000	−0.087%	$108K	$813K	5x	as long as short
Binance PONSUSDT	+0.0602%	4h	0.6005	−0.014%	$39.3M	$95.3M	20x	as long as short
MEXC PONS_USDT	+0.0602%	4h	0.6003	−0.043%	$7.5M	$4.8M	20x	as long as short
edgeX PONSUSDC	+0.0606%	4h	0.6012	+0.100%	$18K	$293K	10x	as long as short
KuCoin PONSUSDTM	+0.0694%	4h	0.6001	−0.075%	$1.6M	$3.8M	20x	as long as short
Hyperliquid PONS	+0.0818%	1h	0.6004	−0.035%	$61.4M	$28.4M	3x	as long as short
BloFin PONS-USDT	+0.0842%	4h	0.6015	+0.157%	$1.8M	$958K	20x	as long as short
Pacifica PONSshort	+0.0859%	1h	0.6003	−0.038%	$47K	$67K	3x
Polymarket Perps PONS-USD	+0.0862%	1h	0.6012	+0.102%	$71K	$1.6M	3x	as long as short
Phoenix PONS	+0.1736%	1h	0.6006	+0.012%	$35K	$104K	3x	as long as short