Funding you earn now, next payment 23:00 UTC−0.0351%/8h= −38.4% APRnext payment −$0.44 per $10,000 · paid last 24h −0.089%
Price spread now: SoDEX against Pacifica+0.017%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1701.704% of the position
Funding, last 3 days (all we have)−0.324%−$32 on $10k
+Price spread, last 3 days (all we have)+0.274%+$27 · spread now +0.017%, 7d avg +0.009%
=Together, before fees−0.050%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PONS | 0.5986 | 0.0451 | pay 0.0056% / 1h | 22m 44s | $47K | $96K | 3x |
| Short | SoDEX PONS-USD | 0.5988 | 0.0100 | get 0.0013% / 1h | 22m 44s | $27K | $548K | 3x |
Pacifica PONS
SoDEX PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$73.72
- Price spread: +0.017% → +0.009%
- $0.86
- Slippage, 4 orders
- −$154.44
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$243.3
- Costs to cover
- 1.704%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 60 min ago; SoDEX: live order book, 61 min ago.
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 live order book, 60 min ago | 6.26 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 61 min ago | 1.02 bp | 73.0 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
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 −0.0034% | 1h | 0.5981 | −0.093% | $219K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.283% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5989 | +0.042% | $19K | $438K | 20x | as long as short |
| Bybit PONSUSDT | +0.0100% | 4h | 0.5996 | +0.159% | $17.9M | $31.6M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.5996 | +0.159% | $13.6M | $56.4M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.5992 | +0.101% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0100% | 4h | 0.6002 | +0.254% | $4.7M | $11.6M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.5961 | −0.421% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5994 | +0.131% | $35K | $350K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5995 | +0.144% | $3K | $3K | 10x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.5990 | +0.067% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USDshort | +0.0100% | 1h | 0.5988 | +0.017% | $27K | $548K | 3x | |
| HTX PONS-USDT | +0.0100% | 4h | 0.6000 | +0.219% | $64K | $506K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5989 | +0.042% | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0128% | 1h | 0.5987 | +0.009% | $373 | — | 3x | as long as short |
| Aster PONSUSDT | +0.0145% | 4h | 0.5992 | +0.099% | $1.1M | $2.2M | 20x | as long as short |
| edgeX PONSUSDC | +0.0174% | 4h | 0.5991 | +0.078% | $21K | $292K | 10x | as long as short |
| MEXC PONS_USDT | +0.0182% | 4h | 0.5995 | +0.142% | $7.7M | $4.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0182% | 4h | 0.5992 | +0.092% | — | $3.1M | — | as long as short |
| Extended PONS-USD | +0.0192% | 1h | 0.5993 | +0.110% | $248K | $667K | 5x | as long as short |
| Binance PONSUSDT | +0.0192% | 4h | 0.5997 | +0.176% | $39.0M | $97.8M | 20x | as long as short |
| Nado PONS-PERP | +0.0236% | 1h | 0.5988 | +0.023% | $91K | $103K | 5x | as long as short |
| Lighter RH PONS | +0.0400% | 1h | 0.5996 | +0.154% | $424K | $2.7M | 3x | as long as short |
| BloFin PONS-USDT | +0.0432% | 4h | 0.5985 | −0.025% | $1.7M | $981K | 20x | as long as short |
| Pacifica PONSlong | +0.0451% | 1h | 0.5986 | long leg | $47K | $96K | 3x | |
| Polymarket Perps PONS-USD | +0.0499% | 1h | 0.5991 | +0.076% | $37K | $1.7M | 3x | as long as short |
| Hyperliquid PONS | +0.0683% | 1h | 0.6002 | +0.266% | $60.6M | $30.0M | 3x | as long as short |
| Lighter PONS | +0.0752% | 1h | 0.5996 | +0.161% | $1.7M | $998K | 3x | as long as short |
| Gate PONS_USDT | +0.1288% | 4h | 0.5989 | +0.042% | $5.2M | $6.5M | 20x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.5990 | +0.054% | $30K | $96K | 3x | as long as short |
SunX PONS-USDT
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Aster PONSUSDT
edgeX PONSUSDC
MEXC PONS_USDT
BingX PONS-USDT
Extended PONS-USD
Binance PONSUSDT
Nado PONS-PERP
Lighter RH PONS
BloFin PONS-USDT
Polymarket Perps PONS-USD
Hyperliquid PONS
Lighter PONS
Gate PONS_USDT
Phoenix PONS