PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0083%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.028%

Price spread now: Pacifica against Nado−0.025%7-day average — · you buy dearer than you sell

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

Long on Nado Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Pacifica is 0.025% cheaper against Nado than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado PONS-PERP	0.6085	0.0582	pay 0.0073% / 1h	40m 57s	$105K	$116K	5x
Short	Pacifica PONS	0.6084	0.0665	get 0.0083% / 1h	40m 57s	$48K	$87K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Nado. 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 NadobpFee PacificabpOrdersPrice spread, now −0.025%Rate

Funding earned: $17.35
Price spread: −0.025% → 0.000%: −$2.52
Slippage, 4 orders: no order book: not counted
Fee Nado: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $6.83
Costs to cover: 0.080%
Break-even: 4.2 days

Slippage unknown: Nado: live order book, 23 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 Nado live order book, 23 min ago	13.85 bp	46.8 bp −$47	doesn't fit	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 −0.0033%	1h	0.6078	−0.124%	$241K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.905%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.6083	−0.046%	$431K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6085	−0.007%	$20K	$415K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6080	−0.096%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6068	−0.281%	$33K	$357K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6096	+0.172%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6089	+0.056%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6084	−0.023%	$28K	$553K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6100	+0.248%	$65K	$510K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex PONSUSDT	+0.0100%	4h	0.6084	−0.023%	$1.7M	$3.3M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0110%	4h	0.6081	−0.073%	$13.8M	$57.3M	20x	as long as short
Gate PONS_USDT	+0.0132%	4h	0.6072	−0.221%	$5.3M	$6.2M	20x	as long as short
KuCoin PONSUSDTM	+0.0160%	4h	0.6076	−0.152%	$1.8M	$3.8M	20x	as long as short
Aevo PONS-PERP	+0.0160%	1h	0.6085	−0.015%	$379	—	3x	as long as short
Bitget PONSUSDT	+0.0204%	4h	0.6079	−0.101%	$4.7M	$11.6M	20x	as long as short
Aster PONSUSDT	+0.0216%	4h	0.6075	−0.173%	$1.1M	$2.2M	20x	as long as short
MEXC PONS_USDT	+0.0326%	4h	0.6081	−0.073%	$7.9M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0333%	4h	0.6082	−0.054%	$39.8M	$97.6M	20x	as long as short
edgeX PONSUSDC	+0.0333%	4h	0.6078	−0.130%	$21K	$292K	10x	as long as short
Extended PONS-USD	+0.0336%	1h	0.6079	−0.110%	$252K	$683K	5x	as long as short
Lighter PONS	+0.0448%	1h	0.6084	−0.017%	$1.7M	$896K	3x	as long as short
BloFin PONS-USDT	+0.0573%	4h	0.6088	+0.042%	$1.7M	$1.0M	20x	as long as short
Nado PONS-PERPlong	+0.0582%	1h	0.6085	long leg	$105K	$116K	5x
Bybit PONSUSDT	+0.0660%	4h	0.6078	−0.122%	$18.2M	$31.1M	20x	as long as short
Pacifica PONSshort	+0.0665%	1h	0.6084	−0.025%	$48K	$87K	3x
BingX PONS-USDT	+0.0740%	4h	0.6083	−0.040%	—	$3.1M	—	as long as short
Polymarket Perps PONS-USD	+0.0787%	1h	0.6088	+0.046%	$42K	$1.6M	3x	as long as short
Hyperliquid PONS	+0.0932%	1h	0.6079	−0.101%	$61.8M	$29.8M	3x	as long as short
Phoenix PONS	+0.1608%	1h	0.6085	−0.015%	$31K	$113K	3x	as long as short