data as of
Settings8H · net · $10k
Funding arb /

PONS

all PONS markets
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Funding spread now, next payment 18:00 UTC+0.0185%/8h
paid, last 24h−0.065%paid, last 7 days+0.015%to open and close $10k−$74
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PONSUSDT0.58830.0100pay 0.0050% / 4h2h 33m$17.6M$30.1M20x
ShortPacifica PONS0.58990.0285get 0.0036% / 1h33m 51s$49K$119K3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$38.88
Slippage, 4 orders
−$54.67
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$34.79
Break-even
13.3 days
Slippage from Bybit: live order book, 1 min ago; Pacifica: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.275%
Avg gap 7d
+0.021%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago1.69 bp15.9 bp −$1635.8 bp −$358doesn't fitdoesn't fit
Sell Pacifica live order book, 5 min ago9.12 bp15.6 bp −$16doesn't fitdoesn't fitdoesn't fit

PONS on 30 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0032%1h$213K150xas long as short
Injective PONS/USDC PERP+0.0033%1h$590$7K5.5xas long as short
Popdex PONSUSDT+0.0096%1h$18K$493K20xas long as short
Aster PONSUSDT+0.0100%4h$1.1M$2.1M20xas long as short
Bybit PONSUSDTlong+0.0100%4h$17.6M$30.1M20x
Gate PONS_USDT+0.0100%4h$5.2M$7.7M20xas long as short
KuCoin PONSUSDTM+0.0100%4h$1.7M$3.3M20xas long as short
ApeX Omni PONSUSDT+0.0100%1h$30K$320K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h$2K$2K10xas long as short
SunX PONS-USDT+0.0100%4h$1.4M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SoDEX PONS-USD+0.0100%1h$26K$509K3xas long as short
HTX PONS-USDT+0.0100%4h$63K$496K20xas long as short
Phemex PONSUSDT+0.0100%4h$1.7M$3.3M20xas long as short
Lighter RH PONS+0.0104%1h$407K$2.3M3xas long as short
Variational Omni PONS+0.0126%4h$1.2M$3.9Mas long as short
OKX PONS-USDT-SWAP+0.0134%4h$13.2M$55.5M20xas long as short
Aevo PONS-PERP+0.0160%1h$3673xas long as short
Bitget PONSUSDT+0.0168%4h$4.5M$11.3M20xas long as short
Nado PONS-PERP+0.0171%1h$73K$94K5xas long as short
Hyperliquid PONS+0.0199%1h$58.8M$29.1M3xas long as short
Pacifica PONSshort+0.0285%1h$49K$119K3x
Polymarket Perps PONS-USD+0.0311%1h$47K$1.8M3xas long as short
MEXC PONS_USDT+0.0330%4h$7.2M$5.2M20xas long as short
Binance PONSUSDT+0.0333%4h$38.3M$97.8M20xas long as short
Extended PONS-USD+0.0336%1h$88K$539K5xas long as short
edgeX PONSUSDC+0.0350%4h$21K$292K10xas long as short
BingX PONS-USDT+0.0356%4h$3.2Mas long as short
Lighter PONS+0.0512%1h$1.7M$854K3xas long as short
BloFin PONS-USDT+0.0571%4h$1.7M$969K20xas long as short
Phoenix PONS+0.1523%1h$24K$61K3xas long as short