Funding you earn now, next payment 11:00 UTC+0.0584%/8h= +64.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.170%
Price spread now: Pacifica against gTrade (Gains Network)−0.220%104s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 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 0.220% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.220% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 30 hours of funding at the current rate (+$18 a day). The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PONS/USD | 0.6363 | L +0.0032% / S −0.0030% | pay 0.0004% / 1h | 54m 55s | $250K | — | 150x |
| Short | Pacifica PONS | 0.6349 | 0.0616 | get 0.0077% / 1h | 54m 55s | $46K | $76K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against gTrade (Gains Network). 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
- $122.72
- Price spread: −0.220% → 0.000%
- −$21.95
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $80.77
- Costs to cover
- 0.200%
- Break-even
- 2.4 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle exchange), 57 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 gTrade (Gains Network) virtual book (oracle exchange), 57 min ago | 130.01 bp | 2119.3 bp −$2,119 | 16867.7 bp −$168.7K | 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 exchanges
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/USDlong | L +0.0032% / S −0.0030% | 1h | 0.6363 | long leg | $250K | — | 150x | |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5938 | −6.676% | $610 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6347 | −0.257% | $23K | $405K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6349 | −0.225% | $77K | $105K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6362 | −0.022% | $32K | $279K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6351 | −0.186% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6352 | −0.172% | — | $892K | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6346 | −0.271% | $27K | $636K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6359 | −0.070% | $67K | $537K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6346 | −0.272% | $1.7M | $3.2M | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | +0.0240% | 1h | 0.6347 | −0.257% | $395 | — | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0367% | 1h | 0.6344 | −0.301% | $75K | $2.1M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0392% | 4h | 0.6338 | −0.398% | $14.4M | $60.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0474% | 4h | 0.6345 | −0.291% | $1.8M | $4.3M | 20x | as long as short |
| Lighter RH PONS | +0.0488% | 1h | 0.6348 | −0.241% | $448K | $2.6M | 3x | as long as short |
| Hyperliquid PONS | +0.0540% | 1h | 0.6345 | −0.290% | $65.2M | $31.1M | 3x | as long as short |
| Aster PONSUSDT | +0.0545% | 4h | 0.6345 | −0.288% | $1.2M | $2.2M | 20x | as long as short |
| Pacifica PONSshort | +0.0616% | 1h | 0.6349 | −0.220% | $46K | $76K | 3x | |
| Variational Omni PONS | +0.0656% | 4h | 0.6360 | −0.054% | $1.6M | $4.3M | — | as long as short |
| Extended PONS-USD | +0.0672% | 1h | 0.6340 | −0.366% | $183K | $881K | 5x | as long as short |
| Binance PONSUSDT | +0.0673% | 4h | 0.6341 | −0.345% | $41.6M | $101.3M | 20x | as long as short |
| MEXC PONS_USDT | +0.0678% | 4h | 0.6345 | −0.288% | $7.9M | $4.5M | 20x | as long as short |
| edgeX PONSUSDC | +0.0695% | 4h | 0.6371 | +0.127% | $19K | $292K | 10x | as long as short |
| Bitget PONSUSDT | +0.0760% | 4h | 0.6345 | −0.285% | $5.1M | $13.6M | 20x | as long as short |
| Lighter PONS | +0.0784% | 1h | 0.6349 | −0.225% | $1.8M | $852K | 3x | as long as short |
| BingX PONS-USDT | +0.0802% | 4h | 0.6344 | −0.304% | — | $3.1M | — | as long as short |
| Gate PONS_USDT | +0.0832% | 4h | 0.6346 | −0.272% | $5.5M | $6.4M | 20x | as long as short |
| Bybit PONSUSDT | +0.0842% | 4h | 0.6339 | −0.382% | $19.2M | $32.6M | 20x | as long as short |
| BloFin PONS-USDT | +0.0919% | 4h | 0.6355 | −0.131% | $1.9M | $1.1M | 20x | as long as short |
| Phoenix PONS | +0.1668% | 1h | 0.6368 | +0.075% | $49K | $162K | 3x | as long as short |
gTrade (Gains Network) PONS/USD
Pacifica PONS
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Polymarket Perps PONS-USD
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Lighter RH PONS
Hyperliquid PONS
Aster PONSUSDT
Variational Omni PONS
Extended PONS-USD
Binance PONSUSDT
MEXC PONS_USDT
edgeX PONSUSDC
Bitget PONSUSDT
Lighter PONS
BingX PONS-USDT
Gate PONS_USDT
Bybit PONSUSDT
BloFin PONS-USDT
Phoenix PONS