PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0469%/8h= +51.3% APRnext payment +$0.59 per $10,000 · paid last 24h +0.025%

Price spread now: Pacifica against Lighter RH−0.063%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

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

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

Funding pays, the price is against you. Pacifica is 0.063% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.002% in total) that is about 9 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH PONS	0.6237	0.0384	pay 0.0048% / 1h	29m 38s	$422K	$2.7M	3x
Short	Pacifica PONS	0.6233	0.0853	get 0.0107% / 1h	29m 38s	$47K	$78K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter RH. 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 Lighter RHbpFee PacificabpOrdersPrice spread, now −0.063%Rate

Funding earned: $98.41
Price spread: −0.063% → 0.000%: −$6.32
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $84.1
Costs to cover: 0.080%
Break-even: 1.0 days

Slippage unknown: Lighter RH: live order book, 3 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 RH live order book, 3 min ago	6.87 bp	9.7 bp −$10	41.3 bp −$413	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 +0.0032% / S −0.0030%	1h	0.6228	−0.145%	$243K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5938	−4.786%	$610	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6208	−0.465%	$23K	$437K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.6220	−0.273%	$72K	$130K	5x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6177	−0.964%	$31K	$290K	5x	as long as short
Polymarket Perps PONS-USD	+0.0100%	1h	0.6198	−0.633%	$72K	$2.2M	3x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6226	−0.175%	$2K	$4K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6210	−0.425%	—	$1.2M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6239	+0.035%	$27K	$631K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6224	−0.215%	$66K	$528K	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	0.6231	−0.096%	$1.7M	$3.2M	20x	as long as short
Aevo PONS-PERP	+0.0240%	1h	0.6223	−0.227%	$388	—	3x	as long as short
Hyperliquid PONS	+0.0312%	1h	0.6233	−0.059%	$63.8M	$30.7M	3x	as long as short
Lighter RH PONSlong	+0.0384%	1h	0.6237	long leg	$422K	$2.7M	3x
OKX PONS-USDT-SWAP	+0.0413%	4h	0.6230	−0.112%	$14.4M	$60.7M	20x	as long as short
Aster PONSUSDT	+0.0445%	4h	0.6231	−0.093%	$1.1M	$2.3M	20x	as long as short
KuCoin PONSUSDTM	+0.0478%	4h	0.6234	−0.055%	$1.6M	$4.1M	20x	as long as short
Lighter PONS	+0.0496%	1h	0.6239	+0.032%	$1.7M	$868K	3x	as long as short
Variational Omni PONS	+0.0560%	4h	0.6185	−0.834%	$1.6M	$4.5M	—	as long as short
MEXC PONS_USDT	+0.0628%	4h	0.6239	+0.032%	$8.0M	$4.7M	20x	as long as short
Extended PONS-USD	+0.0632%	1h	0.6232	−0.074%	$105K	$826K	5x	as long as short
Binance PONSUSDT	+0.0641%	4h	0.6235	−0.032%	$40.8M	$104.4M	20x	as long as short
edgeX PONSUSDC	+0.0647%	4h	0.6188	−0.789%	$20K	$293K	10x	as long as short
Bitget PONSUSDT	+0.0724%	4h	0.6237	−0.002%	$5.0M	$13.2M	20x	as long as short
Pacifica PONSshort	+0.0853%	1h	0.6233	−0.063%	$47K	$78K	3x
BloFin PONS-USDT	+0.0869%	4h	0.6199	−0.609%	$1.8M	$1.1M	20x	as long as short
Gate PONS_USDT	+0.0914%	4h	0.6218	−0.305%	$5.4M	$6.4M	20x	as long as short
BingX PONS-USDT	+0.1006%	4h	0.6227	−0.160%	—	$3.2M	—	as long as short
Bybit PONSUSDT	+0.1030%	4h	0.6232	−0.080%	$18.8M	$33.2M	20x	as long as short
Phoenix PONS	+0.1714%	1h	0.6192	−0.722%	$47K	$159K	3x	as long as short