PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0461%/8h= +50.5% APRnext payment +$0.58 per $10,000 · paid last 24h +0.007%

Price spread now: Pacifica against Extended+0.115%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.185%−$19 on $10k

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

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

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Pacifica is 0.115% dearer against Extended than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 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	Extended PONS-USD	0.6064	0.0408	pay 0.0051% / 1h	24m 07s	$250K	$672K	5x
Short	Pacifica PONS	0.6071	0.0869	get 0.0109% / 1h	24m 07s	$48K	$75K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now +0.115%Rate

Funding earned: $96.85
Price spread: +0.115% → 0.000%: $11.51
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $95.36
Costs to cover: 0.130%
Break-even: 0.1 days

Slippage unknown: Extended: live order book, 44 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 Extended live order book, 44 min ago	11.01 bp	25.4 bp −$25	193.8 bp −$1,938	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 29 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	0.6057	−0.114%	$240K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−1.565%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6065	+0.010%	$20K	$422K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6026	−0.642%	$1.4M	$4.0M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6017	−0.775%	$33K	$353K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6066	+0.033%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6063	−0.020%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6066	+0.019%	$26K	$518K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6080	+0.260%	$65K	$509K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6063	−0.023%	$1.7M	$3.2M	20x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PONS-PERP	+0.0184%	1h	0.6067	+0.042%	$378	—	3x	as long as short
Lighter RH PONS	+0.0192%	1h	0.6064	−0.007%	$427K	$2.5M	3x	as long as short
KuCoin PONSUSDTM	+0.0218%	4h	0.6064	−0.010%	$1.7M	$3.6M	20x	as long as short
Nado PONS-PERP	+0.0222%	1h	0.6066	+0.026%	$71K	$131K	5x	as long as short
OKX PONS-USDT-SWAP	+0.0242%	4h	0.6060	−0.073%	$13.9M	$55.2M	20x	as long as short
Bybit PONSUSDT	+0.0242%	4h	0.6061	−0.056%	$18.2M	$30.5M	20x	as long as short
Lighter PONS	+0.0256%	1h	0.6065	+0.010%	$1.7M	$884K	3x	as long as short
Bitget PONSUSDT	+0.0308%	4h	0.6063	−0.020%	$4.7M	$11.3M	20x	as long as short
Aster PONSUSDT	+0.0374%	4h	0.6063	−0.019%	$1.1M	$2.0M	20x	as long as short
BingX PONS-USDT	+0.0388%	4h	0.6065	+0.010%	—	$3.0M	—	as long as short
MEXC PONS_USDT	+0.0402%	4h	0.6065	+0.010%	$7.8M	$4.7M	20x	as long as short
Extended PONS-USDlong	+0.0408%	1h	0.6064	long leg	$250K	$672K	5x
Binance PONSUSDT	+0.0408%	4h	0.6065	+0.010%	$39.8M	$94.8M	20x	as long as short
edgeX PONSUSDC	+0.0416%	4h	0.6024	−0.670%	$21K	$291K	10x	as long as short
Gate PONS_USDT	+0.0490%	4h	0.6049	−0.254%	$5.3M	$6.1M	20x	as long as short
Hyperliquid PONS	+0.0681%	1h	0.6066	+0.018%	$61.8M	$28.0M	3x	as long as short
Polymarket Perps PONS-USD	+0.0746%	1h	0.6065	+0.006%	$46K	$1.5M	3x	as long as short
Pacifica PONSshort	+0.0869%	1h	0.6071	+0.115%	$48K	$75K	3x
Phoenix PONS	+0.1695%	1h	0.6031	−0.543%	$31K	$107K	3x	as long as short