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

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0836%/8h= +91.6% APRnext payment +$1.05 per $10,000 · paid last 24h +0.114%
Price spread now: Pacifica against gTrade (Gains Network)+0.312%7-day average · you sell dearer than you buy
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 1 day (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
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Pacifica is 0.312% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) PONS/USD0.6024L +0.0033% / S −0.0033%pay 0.0004% / 1h59m 43s$239K150x
ShortPacifica PONS0.60420.0869get 0.0109% / 1h59m 43s$48K$72K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against gTrade (Gains Network). 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
$175.63
Price spread: +0.312% → 0.000%
$31.24
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$186.87
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 4 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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.01 bp2119.9 bp −$2,12016869.0 bp −$168.7Kdoesn'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 29 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/USDlongL +0.0033% / S −0.0033%1h0.6024long leg$239K150x
Injective PONS/USDC PERP+0.0033%1h0.5969−0.897%$614$10K5.5xas long as short
Popdex PONSUSDT+0.0096%1h0.6063+0.655%$20K$423K20xas long as short
Variational Omni PONS+0.0100%4h0.6048+0.405%$1.4M$3.9Mas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6070+0.774%$33K$351K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6044+0.338%$2K$3K10xas long as short
SunX PONS-USDT+0.0100%4h0.6055+0.520%$1.3M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6035+0.197%$26K$520K3xas long as short
HTX PONS-USDT+0.0100%4h0.6044+0.333%$64K$508K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6034+0.173%$1.6M$3.2M20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH PONS+0.0184%1h0.6045+0.356%$425K$2.5M3xas long as short
Aevo PONS-PERP+0.0192%1h0.6037+0.219%$3763xas long as short
Lighter PONS+0.0264%1h0.6045+0.361%$1.7M$871K3xas long as short
OKX PONS-USDT-SWAP+0.0265%4h0.6037+0.223%$13.9M$54.4M20xas long as short
Nado PONS-PERP+0.0284%1h0.6063+0.647%$71K$131K5xas long as short
KuCoin PONSUSDTM+0.0316%4h0.6046+0.364%$1.7M$3.6M20xas long as short
Bitget PONSUSDT+0.0370%4h0.6043+0.316%$4.7M$11.2M20xas long as short
Aster PONSUSDT+0.0432%4h0.6042+0.299%$1.1M$2.0M20xas long as short
BingX PONS-USDT+0.0438%4h0.6040+0.273%$3.0Mas long as short
edgeX PONSUSDC+0.0448%4h0.6061+0.622%$21K$293K10xas long as short
MEXC PONS_USDT+0.0452%4h0.6046+0.373%$7.8M$4.6M20xas long as short
Binance PONSUSDT+0.0455%4h0.6039+0.263%$39.5M$93.7M20xas long as short
Extended PONS-USD+0.0456%1h0.6040+0.266%$250K$670K5xas long as short
Bybit PONSUSDT+0.0515%4h0.6041+0.290%$18.0M$30.3M20xas long as short
Hyperliquid PONS+0.0626%1h0.6054+0.502%$61.7M$27.8M3xas long as short
Polymarket Perps PONS-USD+0.0785%1h0.6062+0.638%$48K$1.5M3xas long as short
Gate PONS_USDT+0.0862%4h0.6038+0.240%$5.3M$6.1M20xas long as short
Pacifica PONSshort+0.0869%1h0.6042+0.312%$48K$72K3x
Phoenix PONS+0.1695%1h0.6060+0.613%$31K$107K3xas long as short