Funding you earn now, next payment 03:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.060%
Price spread now: BloFin against Pacifica−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.556%+$56 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. BloFin is 0.030% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.556% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PONS | 0.6024 | 0.0755 | pay 0.0094% / 1h | 12m 56s | $47K | $70K | 3x |
| Short | BloFin PONS-USDT | 0.6022 | 0.0772 | get 0.0386% / 4h | 1h 12m | $1.7M | $967K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Pacifica. 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
- $3.58
- Price spread: −0.030% → 0.000%
- −$2.97
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.39
- Costs to cover
- 0.200%
- Break-even
- 44.9 days
Slippage unknown: Pacifica: no order-book sample; BloFin: live order book, 5 min ago. 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 1.66 bp | 18.6 bp −$19 | 44.7 bp −$447 | doesn't fit | doesn't fit |
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 | 0.6014 | −0.155% | $238K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −0.901% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6033 | +0.153% | $21K | $435K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6020 | −0.063% | $33K | $351K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6029 | +0.091% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6024 | +0.008% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6021 | −0.046% | $26K | $521K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6031 | +0.120% | $64K | $509K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6006 | −0.295% | $1.6M | $3.2M | 20x | as long as short |
| Variational Omni PONS | +0.0178% | 4h | 0.6039 | +0.250% | $1.4M | $3.9M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PONS_USDT | +0.0196% | 4h | 0.6014 | −0.163% | $5.3M | $6.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.0208% | 1h | 0.6024 | −0.005% | $375 | — | 3x | as long as short |
| Nado PONS-PERP | +0.0208% | 1h | 0.6030 | +0.103% | $71K | $129K | 5x | as long as short |
| Lighter RH PONS | +0.0280% | 1h | 0.6023 | −0.015% | $417K | $2.5M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0308% | 4h | 0.6023 | −0.013% | $13.6M | $55.1M | 20x | as long as short |
| Lighter PONS | +0.0336% | 1h | 0.6023 | −0.015% | $1.7M | $876K | 3x | as long as short |
| Bitget PONSUSDT | +0.0408% | 4h | 0.6028 | +0.067% | $4.7M | $11.4M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0444% | 4h | 0.6018 | −0.088% | $1.7M | $3.7M | 20x | as long as short |
| Aster PONSUSDT | +0.0453% | 4h | 0.6012 | −0.189% | $1.1M | $2.1M | 20x | as long as short |
| Bybit PONSUSDT | +0.0481% | 4h | 0.6017 | −0.113% | $18.0M | $30.6M | 20x | as long as short |
| BingX PONS-USDT | +0.0488% | 4h | 0.6025 | +0.020% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0512% | 4h | 0.6021 | −0.038% | $18K | $294K | 10x | as long as short |
| MEXC PONS_USDT | +0.0520% | 4h | 0.6017 | −0.113% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0532% | 4h | 0.6023 | −0.011% | $39.7M | $94.6M | 20x | as long as short |
| Extended PONS-USD | +0.0536% | 1h | 0.6017 | −0.105% | $249K | $671K | 5x | as long as short |
| Hyperliquid PONS | +0.0744% | 1h | 0.6028 | +0.067% | $61.4M | $27.9M | 3x | as long as short |
| Pacifica PONSlong | +0.0755% | 1h | 0.6024 | long leg | $47K | $70K | 3x | |
| BloFin PONS-USDTshort | +0.0772% | 4h | 0.6022 | −0.030% | $1.7M | $967K | 20x | |
| Polymarket Perps PONS-USD | +0.0846% | 1h | 0.6032 | +0.136% | $69K | $1.6M | 3x | as long as short |
| Phoenix PONS | +0.1639% | 1h | 0.6022 | −0.031% | $31K | $98K | 3x | as long as short |
Pacifica PONS
BloFin PONS-USDT
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Variational Omni PONS
Gate PONS_USDT
Lighter RH PONS
OKX PONS-USDT-SWAP
Lighter PONS
Bitget PONSUSDT
KuCoin PONSUSDTM
Aster PONSUSDT
Bybit PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Hyperliquid PONS
Polymarket Perps PONS-USD
Phoenix PONS