Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0569%/8h= +62.3% APRnext payment +$0.71 per $10,000 · paid last 24h +0.092%
Price spread now: Pacifica against Popdex−0.013%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex PONSUSDT0.60770.0096pay 0.0012% / 1h35m 04s$20K$416K20x
ShortPacifica PONS0.60760.0665get 0.0083% / 1h35m 04s$48K$87K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Popdex. 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

Funding earned
$119.41
Price spread: −0.013% → 0.000%
−$1.33
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$103.68
Costs to cover
0.144%
Break-even
0.9 days
Slippage unknown: Popdex: live order book, 39 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
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 39 min ago3.69 bp64.7 bp −$65doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0033% / S −0.0033%1h0.6068−0.151%$240K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969−1.769%$614$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.60770.000%$431K$2.6M3xas long as short
Popdex PONSUSDTlong+0.0096%1h0.6077long leg$20K$416K20x
Variational Omni PONS+0.0100%4h0.6077+0.001%$1.4M$4.2Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6090+0.207%$33K$359K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6083+0.094%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6079+0.033%$1.4M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6076−0.025%$28K$552K3xas long as short
HTX PONS-USDT+0.0100%4h0.6091+0.234%$65K$510K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex PONSUSDT+0.0100%4h0.6078+0.016%$1.7M$3.2M20xas long as short
OKX PONS-USDT-SWAP+0.0135%4h0.6073−0.066%$13.8M$56.9M20xas long as short
Aevo PONS-PERP+0.0168%1h0.6078+0.008%$3793xas long as short
KuCoin PONSUSDTM+0.0170%4h0.6076−0.012%$1.8M$3.7M20xas long as short
Bitget PONSUSDT+0.0218%4h0.6077−0.002%$4.7M$11.5M20xas long as short
Aster PONSUSDT+0.0233%4h0.6076−0.011%$1.1M$2.2M20xas long as short
MEXC PONS_USDT+0.0336%4h0.6076−0.016%$7.9M$4.8M20xas long as short
Binance PONSUSDT+0.0342%4h0.6073−0.066%$39.8M$97.0M20xas long as short
Extended PONS-USD+0.0344%1h0.6072−0.086%$252K$683K5xas long as short
edgeX PONSUSDC+0.0350%4h0.6084+0.115%$21K$293K10xas long as short
Lighter PONS+0.0432%1h0.6077+0.003%$1.7M$896K3xas long as short
BloFin PONS-USDT+0.0583%4h0.6080+0.049%$1.7M$1.0M20xas long as short
Nado PONS-PERP+0.0594%1h0.6075−0.033%$105K$115K5xas long as short
BingX PONS-USDT+0.0628%4h0.6075−0.033%$3.1Mas long as short
Pacifica PONSshort+0.0665%1h0.6076−0.013%$48K$87K3x
Bybit PONSUSDT+0.0674%4h0.6069−0.132%$18.2M$31.0M20xas long as short
Polymarket Perps PONS-USD+0.0745%1h0.6076−0.021%$44K$1.6M3xas long as short
Gate PONS_USDT+0.0768%4h0.6072−0.082%$5.3M$6.2M20xas long as short
Hyperliquid PONS+0.0907%1h0.6077−0.003%$61.8M$29.2M3xas long as short
Phoenix PONS+0.1608%1h0.6083+0.107%$31K$113K3xas long as short