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

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
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: Pacifica against SoDEX−0.019%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: +$18 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.58890.0100pay 0.0013% / 1h30m 18s$25K$547K3x
ShortPacifica PONS0.58870.0715get 0.0089% / 1h30m 18s$46K$68K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against SoDEX. 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
$129.24
Price spread: −0.019% → 0.000%
−$1.94
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$111.31
Costs to cover
0.160%
Break-even
1.0 days
Slippage unknown: SoDEX: live order book, 18 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 SoDEX live order book, 18 min ago2.52 bp66.0 bp −$66doesn'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 −0.0032%1h0.5879−0.170%$234K150xas long as short
Injective PONS/USDC PERP+0.0033%1h0.5969+1.374%$614$10K5.5xas long as short
Lighter RH PONS+0.0096%1h0.5887−0.034%$411K$2.6M3xas long as short
Popdex PONSUSDT+0.0096%1h0.5890+0.024%$21K$418K20xas long as short
Nado PONS-PERP+0.0100%1h0.5886−0.046%$69K$130K5xas long as short
Gate PONS_USDT+0.0100%4h0.5888−0.010%$5.2M$6.2M20xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.5873−0.258%$29K$332K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.5893+0.070%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.5884−0.078%$1.3M10xas long as short
SoDEX PONS-USDlong+0.0100%1h0.5889long leg$25K$547K3x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PONS-USDT+0.0100%4h0.5895+0.109%$64K$513K20xas long as short
Phemex PONSUSDT+0.0100%4h0.5898+0.160%$1.6M$3.2M20xas long as short
Hyperliquid PONS+0.0228%1h0.5887−0.035%$60.0M$29.2M3xas long as short
Aevo PONS-PERP+0.0232%1h0.5886−0.037%$3673xas long as short
OKX PONS-USDT-SWAP+0.0375%4h0.5888−0.010%$13.3M$54.5M20xas long as short
Aster PONSUSDT+0.0470%4h0.5888−0.013%$1.1M$2.2M20xas long as short
Lighter PONS+0.0544%1h0.5891+0.036%$1.6M$887K3xas long as short
Bitget PONSUSDT+0.0574%4h0.5890+0.032%$4.6M$11.9M20xas long as short
Variational Omni PONS+0.0594%4h0.58890.000%$1.4M$4.1Mas long as short
MEXC PONS_USDT+0.0598%4h0.5890+0.024%$7.4M$4.7M20xas long as short
Binance PONSUSDT+0.0599%4h0.5892+0.058%$38.4M$94.9M20xas long as short
Extended PONS-USD+0.0600%1h0.5889+0.014%$100K$812K5xas long as short
edgeX PONSUSDC+0.0621%4h0.5885−0.068%$20K$296K10xas long as short
Pacifica PONSshort+0.0715%1h0.5887−0.019%$46K$68K3x
KuCoin PONSUSDTM+0.0736%4h0.5887−0.025%$1.6M$3.8M20xas long as short
Polymarket Perps PONS-USD+0.0800%1h0.5888−0.005%$109K$1.7M3xas long as short
BingX PONS-USDT+0.0826%4h0.5890+0.024%$3.0Mas long as short
BloFin PONS-USDT+0.0839%4h0.5885−0.061%$1.7M$939K20xas long as short
Bybit PONSUSDT+0.0874%4h0.5890+0.024%$17.6M$31.0M20xas long as short
Phoenix PONS+0.1719%1h0.5935+0.795%$45K$121K3xas long as short