PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0723%/8h= −79.1% APRnext payment −$0.90 per $10,000 · paid last 24h −0.115%

Price spread now: gTrade (Gains Network) against Pacifica−0.187%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 1 day (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

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and gTrade (Gains Network) is 0.187% cheaper against Pacifica than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PONS	0.6043	0.0755	pay 0.0094% / 1h	15m 33s	$48K	$70K	3x
Short	gTrade (Gains Network) PONS/USD	0.6031	L +0.0033% / S −0.0033%	get 0.0004% / 1h	15m 33s	$239K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.187%Rate

Funding earned: −$151.78
Price spread: −0.187% → 0.000%: −$18.7
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$190.48
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 48 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 gTrade (Gains Network) virtual book (oracle venue), 48 min ago	130.01 bp	2470.9 bp −$2,471	doesn't fit	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/USDshort	L +0.0033% / S −0.0033%	1h	0.6031	−0.187%	$239K	—	150x
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.212%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6048	+0.087%	$21K	$434K	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6020	−0.376%	$33K	$351K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6049	+0.100%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6030	−0.212%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6046	+0.046%	$26K	$528K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6049	+0.100%	$64K	$509K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6035	−0.128%	$1.7M	$3.2M	20x	as long as short
Gate PONS_USDT	+0.0140%	4h	0.6040	−0.045%	$5.3M	$6.3M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni PONS	+0.0178%	4h	0.6039	−0.065%	$1.4M	$3.9M	—	as long as short
Nado PONS-PERP	+0.0203%	1h	0.6046	+0.058%	$71K	$129K	5x	as long as short
Aevo PONS-PERP	+0.0208%	1h	0.6046	+0.056%	$377	—	3x	as long as short
Lighter RH PONS	+0.0296%	1h	0.6046	+0.056%	$418K	$2.5M	3x	as long as short
OKX PONS-USDT-SWAP	+0.0301%	4h	0.6047	+0.071%	$13.7M	$55.3M	20x	as long as short
Lighter PONS	+0.0312%	1h	0.6047	+0.067%	$1.7M	$876K	3x	as long as short
Bitget PONSUSDT	+0.0408%	4h	0.6048	+0.092%	$4.7M	$11.4M	20x	as long as short
KuCoin PONSUSDTM	+0.0434%	4h	0.6045	+0.039%	$1.7M	$3.7M	20x	as long as short
Aster PONSUSDT	+0.0436%	4h	0.6048	+0.087%	$1.1M	$2.1M	20x	as long as short
Bybit PONSUSDT	+0.0481%	4h	0.6043	+0.004%	$18.1M	$30.6M	20x	as long as short
BingX PONS-USDT	+0.0488%	4h	0.6046	+0.054%	—	$3.0M	—	as long as short
Extended PONS-USD	+0.0504%	1h	0.6042	−0.005%	$250K	$673K	5x	as long as short
MEXC PONS_USDT	+0.0506%	4h	0.6046	+0.054%	$7.7M	$4.7M	20x	as long as short
edgeX PONSUSDC	+0.0512%	4h	0.6021	−0.352%	$18K	$294K	10x	as long as short
Binance PONSUSDT	+0.0522%	4h	0.6047	+0.063%	$39.6M	$94.6M	20x	as long as short
Hyperliquid PONS	+0.0737%	1h	0.6049	+0.108%	$61.6M	$27.8M	3x	as long as short
BloFin PONS-USDT	+0.0748%	4h	0.6026	−0.277%	$1.7M	$967K	20x	as long as short
Pacifica PONSlong	+0.0755%	1h	0.6043	long leg	$48K	$70K	3x
Polymarket Perps PONS-USD	+0.0842%	1h	0.6048	+0.082%	$69K	$1.6M	3x	as long as short
Phoenix PONS	+0.1639%	1h	0.6022	−0.345%	$31K	$98K	3x	as long as short