PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0408%/8h= +44.7% APRnext payment +$0.51 per $10,000 · paid last 24h +0.112%

Price spread now: Pacifica against Injective−0.230%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Pacifica is 0.230% cheaper against Injective than usual: you would sell low and buy high (spread −0.230% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 45 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PONS/USDC PERP	0.5920	0.0066	pay 0.0008% / 1h	23m 45s	$609	$6K	5.5x
Short	Pacifica PONS	0.5906	0.0474	get 0.0059% / 1h	23m 45s	$47K	$103K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Injective. 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 InjectivebpFee PacificabpOrdersPrice spread, now −0.230%Rate

Funding earned: $85.66
Price spread: −0.230% → 0.000%: −$23.04
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $54.6
Costs to cover: 0.080%
Break-even: 2.5 days

Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 63 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 Injective no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 63 min ago	9.20 bp	15.2 bp −$15	doesn't fit	doesn't fit	doesn't fit

Injective: 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 +0.0032% / S −0.0034%	1h	0.5897	−0.376%	$216K	—	150x	as long as short
Injective PONS/USDC PERPlong	+0.0066%	1h	0.5920	long leg	$609	$6K	5.5x
Popdex PONSUSDT	+0.0096%	1h	0.5905	−0.247%	$21K	$446K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5904	−0.264%	$89K	$103K	5x	as long as short
Bybit PONSUSDT	+0.0100%	4h	0.5899	−0.348%	$17.6M	$31.8M	20x	as long as short
OKX PONS-USDT-SWAP	+0.0100%	4h	0.5898	−0.365%	$13.4M	$56.1M	20x	as long as short
KuCoin PONSUSDTM	+0.0100%	4h	0.5903	−0.289%	$1.7M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0100%	4h	0.5903	−0.289%	$4.6M	$11.7M	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.5909	−0.183%	$1.3M	$4.3M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5907	−0.218%	$34K	$332K	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5912	−0.128%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5908	−0.191%	—	$1.4M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5900	−0.331%	$27K	$549K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.5918	−0.020%	$64K	$504K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5896	−0.399%	$1.6M	$3.3M	20x	as long as short
Aevo PONS-PERP	+0.0128%	1h	0.5906	−0.238%	$368	—	3x	as long as short
Binance PONSUSDT	+0.0181%	4h	0.5902	−0.303%	$38.4M	$98.3M	20x	as long as short
MEXC PONS_USDT	+0.0182%	4h	0.5901	−0.314%	$7.5M	$5.2M	20x	as long as short
Extended PONS-USD	+0.0184%	1h	0.5899	−0.343%	$105K	$533K	5x	as long as short
BingX PONS-USDT	+0.0184%	4h	0.5898	−0.365%	—	$3.1M	—	as long as short
edgeX PONSUSDC	+0.0199%	4h	0.5907	−0.205%	$21K	$292K	10x	as long as short
Aster PONSUSDT	+0.0204%	4h	0.5901	−0.319%	$1.1M	$2.2M	20x	as long as short
Polymarket Perps PONS-USD	+0.0352%	1h	0.5902	−0.297%	$38K	$1.8M	3x	as long as short
BloFin PONS-USDT	+0.0423%	4h	0.5909	−0.179%	$1.7M	$967K	20x	as long as short
Pacifica PONSshort	+0.0474%	1h	0.5906	−0.230%	$47K	$103K	3x
Hyperliquid PONS	+0.0501%	1h	0.5904	−0.265%	$59.1M	$30.0M	3x	as long as short
Gate PONS_USDT	+0.0606%	4h	0.5900	−0.331%	$5.2M	$6.8M	20x	as long as short
Lighter RH PONS	+0.0648%	1h	0.5904	−0.264%	$396K	$2.6M	3x	as long as short
Lighter PONS	+0.1080%	1h	0.5906	−0.233%	$1.7M	$882K	3x	as long as short
Phoenix PONS	+0.1275%	1h	0.5912	−0.133%	$28K	$86K	3x	as long as short