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 22:00 UTC−0.0374%/8h= −40.9% APRpaid last 24h −0.089%
Price spread now: SunX against Pacifica+0.045%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2862.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.369%−$37 on $10k
Price spread, last 3 days (all we have)+0.934%+$93 · spread now +0.045%, 7d avg +0.049%
Together, before fees+0.564%+ Points / potential airdropPacifica: Active · farm board+$56 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PONS0.59070.0474pay 0.0059% / 1h53m 44s$47K$102K3x
ShortSunX PONS-USDT0.59100.0100get 0.0050% / 4h2h 53m$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$78.51
Price spread: +0.045% → +0.049%
−$0.43
Slippage, 4 orders
−$270.09
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$365.03
Costs to cover
2.861%
Break-even
never at this rate
Slippage from Pacifica: live order book, 33 min ago; SunX: live order book, 11 min ago.

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 live order book, 33 min ago9.20 bp21.8 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 11 min ago104.63 bp125.1 bp −$125doesn't fitdoesn't fitdoesn't fit

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
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0034%1h0.5892−0.245%$216K150xas long as short
Injective PONS/USDC PERP+0.0066%1h0.5920+0.214%$609$6K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.5901−0.101%$21K$459K20xas long as short
Bybit PONSUSDT+0.0100%4h0.5895−0.202%$17.8M$31.5M20xas long as short
OKX PONS-USDT-SWAP+0.0100%4h0.5896−0.185%$13.5M$55.8M20xas long as short
KuCoin PONSUSDTM+0.0100%4h0.5896−0.190%$1.7M$3.7M20xas long as short
Bitget PONSUSDT+0.0100%4h0.5904−0.052%$4.6M$11.6M20xas long as short
Variational Omni PONS+0.0100%4h0.5929+0.381%$1.4M$4.3Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5922+0.258%$34K$326K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5901−0.099%$2K$3K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PONS-USDTshort+0.0100%4h0.5910+0.045%$1.4M10x
SoDEX PONS-USD+0.0100%1h0.5895−0.211%$27K$534K3xas long as short
HTX PONS-USDT+0.0100%4h0.5908+0.023%$64K$503K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5897−0.168%$1.6M$3.3M20xas long as short
Aevo PONS-PERP+0.0128%1h0.5901−0.103%$3683xas long as short
Lighter RH PONS+0.0136%1h0.5902−0.085%$397K$2.6M3xas long as short
Binance PONSUSDT+0.0173%4h0.5900−0.119%$38.5M$98.1M20xas long as short
MEXC PONS_USDT+0.0174%4h0.5902−0.084%$7.7M$5.1M20xas long as short
Extended PONS-USD+0.0176%1h0.5902−0.087%$105K$529K5xas long as short
BingX PONS-USDT+0.0190%4h0.5903−0.067%$3.1Mas long as short
edgeX PONSUSDC+0.0192%4h0.5932+0.425%$21K$292K10xas long as short
Aster PONSUSDT+0.0239%4h0.5901−0.101%$1.1M$2.2M20xas long as short
Polymarket Perps PONS-USD+0.0313%1h0.5899−0.131%$38K$1.8M3xas long as short
Gate PONS_USDT+0.0358%4h0.5900−0.118%$5.2M$6.7M20xas long as short
Nado PONS-PERP+0.0408%1h0.5903−0.066%$89K$103K5xas long as short
BloFin PONS-USDT+0.0416%4h0.5923+0.272%$1.7M$984K20xas long as short
Pacifica PONSlong+0.0474%1h0.5907long leg$47K$102K3x
Hyperliquid PONS+0.0702%1h0.5905−0.040%$59.1M$29.5M3xas long as short
Lighter PONS+0.1040%1h0.5903−0.063%$1.7M$879K3xas long as short
Phoenix PONS+0.1232%1h0.5931+0.414%$27K$86K3xas long as short