Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0803%/8h= −87.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.087%
Price spread now: Popdex against Pacifica+0.018%7-day average +0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.334%−$33 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.018%, 7d avg +0.015%
Together, before fees−0.305%+ Points / potential airdropPacifica: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$24 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PONS0.61240.0899pay 0.0112% / 1h30m 15s$48K$96K3x
ShortPopdex PONSUSDT0.61250.0096get 0.0012% / 1h30m 15s$20K$438K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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

Funding earned
−$168.54
Price spread: +0.018% → +0.015%
$0.39
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$182.54
Costs to cover
0.144%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Popdex: live order book, 49 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell Popdex live order book, 49 min ago10.77 bp87.6 bp −$88doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PONS/USDC PERP−0.0047%1h0.5969−2.521%$614$10K5.5xas long as short
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0033%1h0.6118−0.097%$242K150xas long as short
Lighter RH PONS+0.0096%1h0.6127+0.051%$424K$2.6M3xas long as short
Popdex PONSUSDTshort+0.0096%1h0.6125+0.018%$20K$438K20x
Nado PONS-PERP+0.0100%1h0.6125+0.019%$88K$107K5xas long as short
Bybit PONSUSDT+0.0100%4h0.6120−0.063%$18.5M$31.5M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.6121−0.047%$14.0M$58.1M20xas long as short
Variational Omni PONS+0.0100%4h0.6124+0.007%$1.4M$4.2Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6127+0.051%$34K$359K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6130+0.107%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDT+0.0100%4h0.6128+0.063%$1.4M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6128+0.063%$28K$546K3xas long as short
HTX PONS-USDT+0.0100%4h0.6136+0.190%$65K$509K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6129+0.084%$1.7M$3.3M20xas long as short
KuCoin PONSUSDTM+0.0118%4h0.6126+0.030%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0144%4h0.6129+0.087%$4.8M$11.7M20xas long as short
Aevo PONS-PERP+0.0160%1h0.6127+0.052%$3823xas long as short
Aster PONSUSDT+0.0166%4h0.6123−0.017%$1.1M$2.2M20xas long as short
Lighter PONS+0.0240%1h0.6128+0.066%$1.7M$922K3xas long as short
Binance PONSUSDT+0.0303%4h0.6125+0.018%$40.1M$98.7M20xas long as short
Extended PONS-USD+0.0304%1h0.6126+0.038%$253K$682K5xas long as short
MEXC PONS_USDT+0.0304%4h0.6126+0.035%$8.1M$4.9M20xas long as short
BingX PONS-USDT+0.0308%4h0.6126+0.035%$3.1Mas long as short
edgeX PONSUSDC+0.0313%4h0.6129+0.078%$21K$294K10xas long as short
BloFin PONS-USDT+0.0545%4h0.6130+0.100%$1.8M$1.0M20xas long as short
Polymarket Perps PONS-USD+0.0665%1h0.6126+0.032%$42K$1.7M3xas long as short
Pacifica PONSlong+0.0899%1h0.6124long leg$48K$96K3x
Hyperliquid PONS+0.0905%1h0.6129+0.076%$62.3M$30.4M3xas long as short
Phoenix PONS+0.1307%1h0.6126+0.033%$31K$102K3xas long as short
Gate PONS_USDT+0.2294%4h0.6120−0.063%$5.4M$6.3M20xas long as short