Funding you earn now, next payment 01:00 UTC+0.0569%/8h= +62.3% APRnext payment +$0.71 per $10,000 · paid last 24h +0.092%
Price spread now: Pacifica against Popdex−0.087%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
=Funding pays, the price is against you. Pacifica is 0.087% cheaper against Popdex than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 12 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex PONSUSDT | 0.6074 | 0.0096 | pay 0.0012% / 1h | 18m 30s | $20K | $415K | 20x |
| Short | Pacifica PONS | 0.6069 | 0.0665 | get 0.0083% / 1h | 18m 30s | $48K | $78K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Popdex. 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
- $119.41
- Price spread: −0.087% → 0.000%
- −$8.66
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $96.35
- Costs to cover
- 0.144%
- Break-even
- 1.4 days
Slippage unknown: Popdex: live order book, 55 min ago; Pacifica: no order-book sample. 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 Popdex live order book, 55 min ago | 3.69 bp | 64.7 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
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 | 0.6070 | −0.065% | $240K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.720% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.6070 | −0.061% | $428K | $2.6M | 3x | as long as short |
| Popdex PONSUSDTlong | +0.0096% | 1h | 0.6074 | long leg | $20K | $415K | 20x | |
| Variational Omni PONS | +0.0100% | 4h | 0.6082 | +0.132% | $1.4M | $4.2M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6093 | +0.319% | $33K | $358K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6081 | +0.114% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6089 | +0.254% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6071 | −0.049% | $28K | $544K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6097 | +0.377% | $65K | $510K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.6066 | −0.132% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0168% | 1h | 0.6075 | +0.021% | $378 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0183% | 4h | 0.6072 | −0.033% | $13.9M | $56.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0192% | 4h | 0.6066 | −0.140% | $1.8M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0258% | 4h | 0.6081 | +0.110% | $4.7M | $11.4M | 20x | as long as short |
| Aster PONSUSDT | +0.0272% | 4h | 0.6071 | −0.046% | $1.1M | $2.1M | 20x | as long as short |
| Extended PONS-USD | +0.0352% | 1h | 0.6071 | −0.054% | $252K | $678K | 5x | as long as short |
| MEXC PONS_USDT | +0.0354% | 4h | 0.6071 | −0.049% | $7.9M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0360% | 4h | 0.6071 | −0.057% | $39.9M | $96.3M | 20x | as long as short |
| edgeX PONSUSDC | +0.0379% | 4h | 0.6082 | +0.128% | $21K | $293K | 10x | as long as short |
| Lighter PONS | +0.0384% | 1h | 0.6072 | −0.033% | $1.7M | $933K | 3x | as long as short |
| BloFin PONS-USDT | +0.0595% | 4h | 0.6077 | +0.049% | $1.8M | $997K | 20x | as long as short |
| Bybit PONSUSDT | +0.0607% | 4h | 0.6071 | −0.049% | $18.2M | $30.9M | 20x | as long as short |
| BingX PONS-USDT | +0.0612% | 4h | 0.6072 | −0.033% | — | $3.1M | — | as long as short |
| Nado PONS-PERP | +0.0618% | 1h | 0.6072 | −0.037% | $105K | $115K | 5x | as long as short |
| Pacifica PONSshort | +0.0665% | 1h | 0.6069 | −0.087% | $48K | $78K | 3x | |
| Gate PONS_USDT | +0.0758% | 4h | 0.6065 | −0.148% | $5.3M | $6.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0767% | 1h | 0.6075 | +0.021% | $44K | $1.6M | 3x | as long as short |
| Hyperliquid PONS | +0.0872% | 1h | 0.6081 | +0.122% | $61.9M | $29.1M | 3x | as long as short |
| Phoenix PONS | +0.1608% | 1h | 0.6095 | +0.339% | $32K | $113K | 3x | as long as short |
Popdex PONSUSDT
Pacifica PONS
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Variational Omni PONS
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Bitget PONSUSDT
Aster PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
edgeX PONSUSDC
Lighter PONS
BloFin PONS-USDT
Bybit PONSUSDT
BingX PONS-USDT
Gate PONS_USDT
Polymarket Perps PONS-USD
Hyperliquid PONS
Phoenix PONS