PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0291%/8h= −31.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.015%

Price spread now: Extended against Pacifica−0.293%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.167%+$17 on $10k

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

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

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.293% cheaper against Pacifica than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.167%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.167% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.36 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	Pacifica PONS	0.5987	0.0859	pay 0.0107% / 1h	31m 07s	$47K	$67K	3x
Short	Extended PONS-USD	0.5969	0.0568	get 0.0071% / 1h	31m 07s	$107K	$809K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.293%Rate

Funding earned: −$61.17
Price spread: −0.293% → 0.000%: −$29.29
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$103.46
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Extended: live order book, 27 min ago. 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 Extended live order book, 27 min ago	13.20 bp	27.6 bp −$28	188.7 bp −$1,887	doesn't fit	doesn't fit

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	0.5962	−0.409%	$237K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.292%	$614	$10K	5.5x	as long as short
Lighter PONS	+0.0096%	1h	0.5972	−0.252%	$1.6M	$884K	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5972	−0.251%	$20K	$435K	20x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.5971	−0.267%	$5.3M	$6.3M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6004	+0.282%	$34K	$349K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5975	−0.197%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5973	−0.239%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5974	−0.210%	$26K	$528K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5985	−0.035%	$65K	$512K	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	0.5973	−0.234%	$1.7M	$3.2M	20x	as long as short
Variational Omni PONS	+0.0215%	4h	0.5965	−0.360%	$1.4M	$3.9M	—	as long as short
Aevo PONS-PERP	+0.0224%	1h	0.5972	−0.248%	$372	—	3x	as long as short
Nado PONS-PERP	+0.0225%	1h	0.5973	−0.232%	$70K	$129K	5x	as long as short
OKX PONS-USDT-SWAP	+0.0304%	4h	0.5981	−0.100%	$13.6M	$54.8M	20x	as long as short
Lighter RH PONS	+0.0312%	1h	0.5975	−0.200%	$401K	$2.5M	3x	as long as short
Aster PONSUSDT	+0.0437%	4h	0.5981	−0.102%	$1.1M	$2.1M	20x	as long as short
Bybit PONSUSDT	+0.0448%	4h	0.5982	−0.084%	$17.8M	$30.8M	20x	as long as short
Bitget PONSUSDT	+0.0454%	4h	0.5978	−0.147%	$4.6M	$11.5M	20x	as long as short
BingX PONS-USDT	+0.0528%	4h	0.5982	−0.084%	—	$3.0M	—	as long as short
edgeX PONSUSDC	+0.0559%	4h	0.5950	−0.626%	$18K	$293K	10x	as long as short
MEXC PONS_USDT	+0.0564%	4h	0.5974	−0.217%	$7.6M	$4.7M	20x	as long as short
Extended PONS-USDshort	+0.0568%	1h	0.5969	−0.293%	$107K	$809K	5x
Binance PONSUSDT	+0.0572%	4h	0.5980	−0.124%	$39.3M	$94.9M	20x	as long as short
KuCoin PONSUSDTM	+0.0626%	4h	0.5974	−0.212%	$1.6M	$3.7M	20x	as long as short
Hyperliquid PONS	+0.0719%	1h	0.5979	−0.125%	$60.9M	$27.8M	3x	as long as short
BloFin PONS-USDT	+0.0812%	4h	0.5970	−0.284%	$1.7M	$953K	20x	as long as short
Pacifica PONSlong	+0.0859%	1h	0.5987	long leg	$47K	$67K	3x
Polymarket Perps PONS-USD	+0.0908%	1h	0.5971	−0.266%	$66K	$1.6M	3x	as long as short
Phoenix PONS	+0.1736%	1h	0.5990	+0.048%	$31K	$104K	3x	as long as short