Funding you earn now, next payment 06:00 UTC−0.0615%/8h= −67.4% APRnext payment −$0.77 per $10,000 · paid last 24h −0.121%
Price spread now: SoDEX against Pacifica+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. SoDEX is 0.039% dearer against Pacifica than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PONS | 0.5909 | 0.0715 | pay 0.0089% / 1h | 28m 24s | $45K | $69K | 3x |
| Short | SoDEX PONS-USD | 0.5912 | 0.0100 | get 0.0013% / 1h | 28m 24s | $25K | $546K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$129.24
- Price spread: +0.039% → 0.000%
- $3.89
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$141.35
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; SoDEX: live order book, 20 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 SoDEX live order book, 20 min ago | 2.52 bp | 66.3 bp −$66 | doesn't fit | 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 −0.0032% | 1h | 0.5900 | −0.168% | $234K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +1.015% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5905 | −0.073% | $412K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5908 | −0.025% | $21K | $418K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5911 | +0.025% | $69K | $130K | 5x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5906 | −0.059% | $5.2M | $6.2M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5873 | −0.611% | $29K | $332K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5909 | −0.003% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5905 | −0.073% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USDshort | +0.0100% | 1h | 0.5912 | +0.039% | $25K | $546K | 3x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | +0.0100% | 4h | 0.5909 | −0.015% | $64K | $513K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5916 | +0.110% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.5902 | −0.124% | $368 | — | 3x | as long as short |
| Hyperliquid PONS | +0.0237% | 1h | 0.5906 | −0.054% | $60.2M | $29.2M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0378% | 4h | 0.5907 | −0.042% | $13.4M | $54.7M | 20x | as long as short |
| Aster PONSUSDT | +0.0478% | 4h | 0.5909 | −0.003% | $1.1M | $2.2M | 20x | as long as short |
| Lighter PONS | +0.0536% | 1h | 0.5910 | +0.014% | $1.6M | $887K | 3x | as long as short |
| Bitget PONSUSDT | +0.0576% | 4h | 0.5908 | −0.020% | $4.6M | $11.9M | 20x | as long as short |
| Variational Omni PONS | +0.0594% | 4h | 0.5889 | −0.354% | $1.4M | $4.1M | — | as long as short |
| Extended PONS-USD | +0.0600% | 1h | 0.5908 | −0.020% | $101K | $812K | 5x | as long as short |
| MEXC PONS_USDT | +0.0602% | 4h | 0.5911 | +0.025% | $7.5M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0610% | 4h | 0.5911 | +0.025% | $38.6M | $94.9M | 20x | as long as short |
| edgeX PONSUSDC | +0.0621% | 4h | 0.5885 | −0.421% | $20K | $296K | 10x | as long as short |
| Pacifica PONSlong | +0.0715% | 1h | 0.5909 | long leg | $45K | $69K | 3x | |
| KuCoin PONSUSDTM | +0.0734% | 4h | 0.5913 | +0.059% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0806% | 1h | 0.5908 | −0.017% | $110K | $1.7M | 3x | as long as short |
| BingX PONS-USDT | +0.0826% | 4h | 0.5912 | +0.042% | — | $3.0M | — | as long as short |
| BloFin PONS-USDT | +0.0843% | 4h | 0.5905 | −0.076% | $1.7M | $942K | 20x | as long as short |
| Bybit PONSUSDT | +0.0898% | 4h | 0.5910 | +0.008% | $17.7M | $31.1M | 20x | as long as short |
| Phoenix PONS | +0.1719% | 1h | 0.5935 | +0.438% | $45K | $121K | 3x | as long as short |
Pacifica PONS
SoDEX PONS-USD
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
SunX PONS-USDT
HTX PONS-USDT
Phemex PONSUSDT
Hyperliquid PONS
OKX PONS-USDT-SWAP
Aster PONSUSDT
Lighter PONS
Bitget PONSUSDT
Variational Omni PONS
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
edgeX PONSUSDC
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
BingX PONS-USDT
BloFin PONS-USDT
Bybit PONSUSDT
Phoenix PONS