Funding you earn now, next payment 02:00 UTC−0.0149%/8h= −16.3% APRpaid last 24h +0.021%
Price spread now: Gate against Pacifica−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.044% cheaper against Pacifica than usual: you would sell low and buy high (−$4 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 +0.140%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PONS | 0.6041 | 0.0869 | pay 0.0109% / 1h | 11m 32s | $48K | $75K | 3x |
| Short | Gate PONS_USDT | 0.6038 | 0.0720 | get 0.0360% / 4h | 2h 11m | $5.3M | $6.2M | 20x |
Pacifica PONS
Gate PONS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.33
- Price spread: −0.044% → 0.000%
- −$4.37
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.7
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 3.31 bp | 22.8 bp −$23 | 59.1 bp −$591 | 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 29 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 | 0.6043 | +0.031% | $239K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.178% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6041 | +0.006% | $20K | $423K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6064 | +0.385% | $1.4M | $4.0M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6058 | +0.292% | $33K | $353K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6056 | +0.246% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6055 | +0.243% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6054 | +0.215% | $26K | $524K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6065 | +0.410% | $65K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6046 | +0.089% | $1.7M | $3.2M | 20x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0168% | 1h | 0.6046 | +0.080% | $425K | $2.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0192% | 1h | 0.6054 | +0.221% | $377 | — | 3x | as long as short |
| Lighter PONS | +0.0232% | 1h | 0.6045 | +0.072% | $1.7M | $885K | 3x | as long as short |
| Nado PONS-PERP | +0.0252% | 1h | 0.6044 | +0.056% | $71K | $131K | 5x | as long as short |
| KuCoin PONSUSDTM | +0.0260% | 4h | 0.6044 | +0.049% | $1.7M | $3.6M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0261% | 4h | 0.6037 | −0.060% | $13.8M | $54.9M | 20x | as long as short |
| Bitget PONSUSDT | +0.0344% | 4h | 0.6043 | +0.046% | $4.7M | $11.3M | 20x | as long as short |
| Bybit PONSUSDT | +0.0381% | 4h | 0.6036 | −0.077% | $18.1M | $30.4M | 20x | as long as short |
| BingX PONS-USDT | +0.0414% | 4h | 0.6042 | +0.023% | — | $3.0M | — | as long as short |
| Aster PONSUSDT | +0.0419% | 4h | 0.6045 | +0.072% | $1.1M | $2.0M | 20x | as long as short |
| edgeX PONSUSDC | +0.0426% | 4h | 0.6072 | +0.513% | $21K | $294K | 10x | as long as short |
| Binance PONSUSDT | +0.0430% | 4h | 0.6043 | +0.039% | $39.6M | $94.6M | 20x | as long as short |
| Extended PONS-USD | +0.0432% | 1h | 0.6040 | −0.003% | $250K | $672K | 5x | as long as short |
| MEXC PONS_USDT | +0.0434% | 4h | 0.6044 | +0.056% | $7.8M | $4.8M | 20x | as long as short |
| Hyperliquid PONS | +0.0684% | 1h | 0.6047 | +0.105% | $61.6M | $28.0M | 3x | as long as short |
| Gate PONS_USDTshort | +0.0720% | 4h | 0.6038 | −0.044% | $5.3M | $6.2M | 20x | |
| Polymarket Perps PONS-USD | +0.0758% | 1h | 0.6052 | +0.181% | $47K | $1.5M | 3x | as long as short |
| Pacifica PONSlong | +0.0869% | 1h | 0.6041 | long leg | $48K | $75K | 3x | |
| Phoenix PONS | +0.1695% | 1h | 0.6057 | +0.269% | $31K | $107K | 3x | as long as short |
Lighter RH PONS
Aevo PONS-PERP
Lighter PONS
Nado PONS-PERP
KuCoin PONSUSDTM
OKX PONS-USDT-SWAP
Bitget PONSUSDT
Bybit PONSUSDT
BingX PONS-USDT
Aster PONSUSDT
edgeX PONSUSDC
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Hyperliquid PONS
Polymarket Perps PONS-USD
Phoenix PONS