Funding you earn now, next payment 02:00 UTC−0.0605%/8h= −66.2% APRnext payment −$0.76 per $10,000 · paid last 24h −0.028%
Price spread now: Nado against Pacifica−0.113%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Nado is 0.113% cheaper against Pacifica than usual: you would sell low and buy high (−$11 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 | 0.6070 | 0.0869 | pay 0.0109% / 1h | 7m 24s | $48K | $75K | 3x |
| Short | Nado PONS-PERP | 0.6063 | 0.0265 | get 0.0033% / 1h | 7m 24s | $71K | $131K | 5x |
Pacifica PONS
Nado PONS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$126.98
- Price spread: −0.113% → 0.000%
- −$11.33
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 0 bp × 2 orders
- $0
- Net
- −$146.32
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Nado: live order book, 51 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 Nado live order book, 51 min ago | 14.65 bp | 48.6 bp −$49 | 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 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 | 0.6048 | −0.365% | $240K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.654% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6059 | −0.179% | $20K | $422K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6037 | −0.534% | $1.4M | $4.0M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6024 | −0.764% | $33K | $352K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6051 | −0.316% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6056 | −0.224% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6056 | −0.222% | $26K | $521K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6069 | −0.021% | $65K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6058 | −0.196% | $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 | 0.6072 | +0.043% | $426K | $2.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0192% | 1h | 0.6045 | −0.402% | $377 | — | 3x | as long as short |
| Lighter PONS | +0.0216% | 1h | 0.6069 | −0.014% | $1.7M | $888K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0255% | 4h | 0.6053 | −0.278% | $13.9M | $54.9M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0264% | 4h | 0.6062 | −0.128% | $1.7M | $3.6M | 20x | as long as short |
| Nado PONS-PERPshort | +0.0265% | 1h | 0.6063 | −0.113% | $71K | $131K | 5x | |
| Bitget PONSUSDT | +0.0356% | 4h | 0.6059 | −0.173% | $4.7M | $11.3M | 20x | as long as short |
| Bybit PONSUSDT | +0.0400% | 4h | 0.6053 | −0.278% | $18.1M | $30.5M | 20x | as long as short |
| BingX PONS-USDT | +0.0412% | 4h | 0.6059 | −0.179% | — | $3.0M | — | as long as short |
| Aster PONSUSDT | +0.0419% | 4h | 0.6066 | −0.059% | $1.1M | $2.0M | 20x | as long as short |
| MEXC PONS_USDT | +0.0430% | 4h | 0.6057 | −0.212% | $7.8M | $4.8M | 20x | as long as short |
| Extended PONS-USD | +0.0432% | 1h | 0.6062 | −0.136% | $250K | $670K | 5x | as long as short |
| Binance PONSUSDT | +0.0435% | 4h | 0.6059 | −0.179% | $39.7M | $94.5M | 20x | as long as short |
| edgeX PONSUSDC | +0.0441% | 4h | 0.6023 | −0.780% | $21K | $292K | 10x | as long as short |
| Hyperliquid PONS | +0.0707% | 1h | 0.6058 | −0.197% | $61.7M | $27.8M | 3x | as long as short |
| Gate PONS_USDT | +0.0742% | 4h | 0.6058 | −0.196% | $5.3M | $6.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0773% | 1h | 0.6056 | −0.227% | $47K | $1.5M | 3x | as long as short |
| Pacifica PONSlong | +0.0869% | 1h | 0.6070 | long leg | $48K | $75K | 3x | |
| Phoenix PONS | +0.1695% | 1h | 0.6022 | −0.789% | $31K | $107K | 3x | as long as short |
Lighter RH PONS
Aevo PONS-PERP
Lighter PONS
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Bybit PONSUSDT
BingX PONS-USDT
Aster PONSUSDT
MEXC PONS_USDT
Extended PONS-USD
Binance PONSUSDT
edgeX PONSUSDC
Hyperliquid PONS
Gate PONS_USDT
Polymarket Perps PONS-USD
Phoenix PONS