PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0661%/8h= +72.4% APRnext payment +$0.83 per $10,000 · paid last 24h −0.145%

Price spread now: Pacifica against Lighter+0.024%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.527%−$53 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Pacifica is 0.024% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.527%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter PONS	0.6054	0.0208	pay 0.0026% / 1h	4m 34s	$1.7M	$889K	3x
Short	Pacifica PONS	0.6055	0.0869	get 0.0109% / 1h	4m 34s	$48K	$75K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee PacificabpOrdersPrice spread, now +0.024%Rate

Funding earned: $138.85
Price spread: +0.024% → 0.000%: $2.41
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $133.26
Costs to cover: 0.080%
Break-even: 0.3 days

Slippage unknown: Lighter: live order book, 2 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 Lighter live order book, 2 min ago	2.89 bp	3.3 bp −$3	14.6 bp −$146	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 29 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	0.6040	−0.238%	$239K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.396%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6058	+0.066%	$20K	$422K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6054	+0.007%	$1.4M	$3.9M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6060	+0.107%	$33K	$352K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6058	+0.058%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6051	−0.056%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6049	−0.074%	$26K	$520K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6061	+0.122%	$64K	$509K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6050	−0.066%	$1.7M	$3.2M	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PONS	+0.0144%	1h	0.6053	−0.018%	$424K	$2.5M	3x	as long as short
Aevo PONS-PERP	+0.0192%	1h	0.6051	−0.041%	$377	—	3x	as long as short
Lighter PONSlong	+0.0208%	1h	0.6054	long leg	$1.7M	$889K	3x
OKX PONS-USDT-SWAP	+0.0254%	4h	0.6056	+0.033%	$13.9M	$54.9M	20x	as long as short
Nado PONS-PERP	+0.0269%	1h	0.6048	−0.099%	$71K	$131K	5x	as long as short
KuCoin PONSUSDTM	+0.0288%	4h	0.6053	−0.021%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0358%	4h	0.6057	+0.053%	$4.7M	$11.3M	20x	as long as short
BingX PONS-USDT	+0.0410%	4h	0.6059	+0.083%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0433%	4h	0.6053	−0.017%	$18.1M	$30.4M	20x	as long as short
Aster PONSUSDT	+0.0437%	4h	0.6052	−0.033%	$1.1M	$2.0M	20x	as long as short
edgeX PONSUSDC	+0.0440%	4h	0.6058	+0.064%	$21K	$292K	10x	as long as short
Binance PONSUSDT	+0.0444%	4h	0.6056	+0.038%	$39.6M	$94.3M	20x	as long as short
MEXC PONS_USDT	+0.0444%	4h	0.6055	+0.017%	$7.8M	$4.8M	20x	as long as short
Extended PONS-USD	+0.0448%	1h	0.6057	+0.051%	$250K	$670K	5x	as long as short
Hyperliquid PONS	+0.0711%	1h	0.6057	+0.045%	$61.7M	$27.8M	3x	as long as short
Polymarket Perps PONS-USD	+0.0774%	1h	0.6050	−0.066%	$47K	$1.5M	3x	as long as short
Gate PONS_USDT	+0.0790%	4h	0.6047	−0.116%	$5.3M	$6.2M	20x	as long as short
Pacifica PONSshort	+0.0869%	1h	0.6055	+0.024%	$48K	$75K	3x
Phoenix PONS	+0.1695%	1h	0.6022	−0.529%	$31K	$107K	3x	as long as short