PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0467%/8h= −51.2% APRnext payment −$0.58 per $10,000 · paid last 24h +0.121%

Price spread now: Lighter against Pacifica−0.013%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 Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.519%+$52 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.519%, 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	0.6017	0.0755	pay 0.0094% / 1h	17m 37s	$47K	$70K	3x
Short	Lighter PONS	0.6016	0.0288	get 0.0036% / 1h	17m 37s	$1.7M	$875K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$98.15
Price spread: −0.013% → 0.000%: −$1.31
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$107.46
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 4 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 Lighter live order book, 4 min ago	6.17 bp	15.2 bp −$15	25.2 bp −$252	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 −0.0033%	1h	0.5976	−0.673%	$237K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−0.788%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6024	+0.118%	$21K	$434K	20x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.6011	−0.098%	$5.3M	$6.3M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5984	−0.553%	$33K	$351K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5997	−0.336%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5992	−0.410%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5990	−0.452%	$26K	$523K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6003	−0.236%	$64K	$508K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5990	−0.447%	$1.6M	$3.2M	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	+0.0189%	4h	0.5977	−0.665%	$1.4M	$3.9M	—	as long as short
Nado PONS-PERP	+0.0207%	1h	0.5996	−0.347%	$70K	$129K	5x	as long as short
Aevo PONS-PERP	+0.0208%	1h	0.5992	−0.413%	$373	—	3x	as long as short
Lighter RH PONS	+0.0216%	1h	0.6025	+0.135%	$415K	$2.5M	3x	as long as short
Lighter PONSshort	+0.0288%	1h	0.6016	−0.013%	$1.7M	$875K	3x
OKX PONS-USDT-SWAP	+0.0304%	4h	0.6025	+0.135%	$13.7M	$55.0M	20x	as long as short
Bitget PONSUSDT	+0.0406%	4h	0.6025	+0.128%	$4.7M	$11.3M	20x	as long as short
Aster PONSUSDT	+0.0421%	4h	0.5991	−0.432%	$1.1M	$2.1M	20x	as long as short
KuCoin PONSUSDTM	+0.0430%	4h	0.6029	+0.205%	$1.7M	$3.7M	20x	as long as short
BingX PONS-USDT	+0.0488%	4h	0.6025	+0.135%	—	$3.0M	—	as long as short
edgeX PONSUSDC	+0.0489%	4h	0.5988	−0.474%	$18K	$293K	10x	as long as short
Extended PONS-USD	+0.0504%	1h	0.6022	+0.082%	$249K	$671K	5x	as long as short
Bybit PONSUSDT	+0.0505%	4h	0.6021	+0.068%	$18.0M	$30.5M	20x	as long as short
MEXC PONS_USDT	+0.0506%	4h	0.6030	+0.218%	$7.6M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0508%	4h	0.6022	+0.091%	$39.4M	$94.2M	20x	as long as short
Hyperliquid PONS	+0.0718%	1h	0.5986	−0.522%	$61.0M	$27.8M	3x	as long as short
BloFin PONS-USDT	+0.0745%	4h	0.6008	−0.148%	$1.8M	$962K	20x	as long as short
Pacifica PONSlong	+0.0755%	1h	0.6017	long leg	$47K	$70K	3x
Polymarket Perps PONS-USD	+0.0806%	1h	0.5992	−0.409%	$51K	$1.6M	3x	as long as short
Phoenix PONS	+0.1639%	1h	0.5961	−0.924%	$31K	$98K	3x	as long as short