PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0505%/8h= −55.3% APRnext payment −$0.63 per $10,000 · paid last 24h −0.067%

Price spread now: Aevo against Pacifica+0.112%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Aevo is 0.112% dearer against Pacifica than usual: you sell high and buy low (spread +0.112% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PONS	0.6071	0.0665	pay 0.0083% / 1h	43m 17s	$48K	$87K	3x
Short	Aevo PONS-PERP	0.6078	0.0160	get 0.0020% / 1h	43m 17s	$379	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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 PacificabpFee AevobpOrdersPrice spread, now +0.112%Rate

Funding earned: −$105.97
Price spread: +0.112% → 0.000%: $11.18
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$118.79
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Aevo: 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 Pacifica no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Pacifica and Aevo: 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	0.6066	−0.081%	$240K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.668%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.6078	+0.121%	$431K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6074	+0.054%	$20K	$415K	20x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.6066	−0.078%	$5.3M	$6.1M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6070	−0.019%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6068	−0.040%	$33K	$357K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6082	+0.192%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6077	+0.095%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6082	+0.194%	$28K	$553K	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PONS-USDT	+0.0100%	4h	0.6094	+0.382%	$65K	$510K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6086	+0.251%	$1.7M	$3.3M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0103%	4h	0.6076	+0.087%	$13.8M	$57.4M	20x	as long as short
Aevo PONS-PERPshort	+0.0160%	1h	0.6078	+0.112%	$379	—	3x
KuCoin PONSUSDTM	+0.0168%	4h	0.6074	+0.052%	$1.8M	$3.8M	20x	as long as short
Aster PONSUSDT	+0.0200%	4h	0.6064	−0.111%	$1.1M	$2.2M	20x	as long as short
Bitget PONSUSDT	+0.0202%	4h	0.6082	+0.190%	$4.7M	$11.6M	20x	as long as short
MEXC PONS_USDT	+0.0326%	4h	0.6083	+0.202%	$7.9M	$4.8M	20x	as long as short
Binance PONSUSDT	+0.0328%	4h	0.6078	+0.120%	$39.8M	$97.6M	20x	as long as short
Extended PONS-USD	+0.0328%	1h	0.6079	+0.142%	$250K	$683K	5x	as long as short
edgeX PONSUSDC	+0.0333%	4h	0.6067	−0.056%	$21K	$294K	10x	as long as short
Lighter PONS	+0.0472%	1h	0.6079	+0.134%	$1.7M	$896K	3x	as long as short
BingX PONS-USDT	+0.0562%	4h	0.6078	+0.120%	—	$3.1M	—	as long as short
Nado PONS-PERP	+0.0563%	1h	0.6072	+0.014%	$105K	$116K	5x	as long as short
BloFin PONS-USDT	+0.0568%	4h	0.6081	+0.169%	$1.7M	$1.0M	20x	as long as short
Pacifica PONSlong	+0.0665%	1h	0.6071	long leg	$48K	$87K	3x
Polymarket Perps PONS-USD	+0.0799%	1h	0.6074	+0.059%	$42K	$1.6M	3x	as long as short
Bybit PONSUSDT	+0.0803%	4h	0.6076	+0.087%	$18.2M	$31.1M	20x	as long as short
Hyperliquid PONS	+0.0947%	1h	0.6077	+0.098%	$61.8M	$29.8M	3x	as long as short
Phoenix PONS	+0.1608%	1h	0.6060	−0.184%	$31K	$113K	3x	as long as short