PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0169%/8h= +18.5% APRnext payment +$0.21 per $10,000 · paid last 24h −0.168%

Price spread now: Pacifica against Lighter−0.141%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.530%−$53 on $10k

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.141% cheaper against Lighter than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.8 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.530%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter PONS	0.6142	0.0496	pay 0.0062% / 1h	6m 51s	$1.7M	$945K	3x
Short	Pacifica PONS	0.6133	0.0665	get 0.0083% / 1h	6m 51s	$48K	$78K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter. 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 LighterbpFee PacificabpOrdersPrice spread, now −0.141%Rate

Funding earned: $35.41
Price spread: −0.141% → 0.000%: −$14.13
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $13.28
Costs to cover: 0.080%
Break-even: 4.4 days

Slippage unknown: Lighter: live order book, 5 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 Lighter live order book, 5 min ago	3.19 bp	8.8 bp −$9	32.0 bp −$320	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 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 +0.0033% / S −0.0033%	1h	0.6129	−0.219%	$243K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	−2.810%	$614	$10K	5.5x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.6140	−0.034%	$21K	$415K	20x	as long as short
Variational Omni PONS	+0.0100%	4h	0.6118	−0.393%	$1.4M	$4.2M	—	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.6122	−0.321%	$34K	$356K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.6149	+0.106%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.6132	−0.156%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.6142	−0.002%	$26K	$534K	3x	as long as short
HTX PONS-USDT	+0.0100%	4h	0.6139	−0.049%	$65K	$510K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.6138	−0.067%	$1.7M	$3.2M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH PONS	+0.0160%	1h	0.6141	−0.021%	$435K	$2.6M	3x	as long as short
Aevo PONS-PERP	+0.0176%	1h	0.6142	−0.003%	$383	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0219%	4h	0.6128	−0.230%	$14.1M	$56.6M	20x	as long as short
KuCoin PONSUSDTM	+0.0228%	4h	0.6130	−0.204%	$1.8M	$3.7M	20x	as long as short
Bitget PONSUSDT	+0.0280%	4h	0.6133	−0.153%	$4.8M	$11.3M	20x	as long as short
Aster PONSUSDT	+0.0335%	4h	0.6140	−0.036%	$1.1M	$2.0M	20x	as long as short
Extended PONS-USD	+0.0392%	1h	0.6136	−0.091%	$253K	$677K	5x	as long as short
edgeX PONSUSDC	+0.0393%	4h	0.6136	−0.105%	$21K	$292K	10x	as long as short
Binance PONSUSDT	+0.0394%	4h	0.6133	−0.148%	$40.4M	$96.1M	20x	as long as short
MEXC PONS_USDT	+0.0396%	4h	0.6137	−0.083%	$8.0M	$4.9M	20x	as long as short
Lighter PONSlong	+0.0496%	1h	0.6142	long leg	$1.7M	$945K	3x
Nado PONS-PERP	+0.0585%	1h	0.6138	−0.059%	$106K	$115K	5x	as long as short
BingX PONS-USDT	+0.0588%	4h	0.6131	−0.181%	—	$3.1M	—	as long as short
BloFin PONS-USDT	+0.0634%	4h	0.6147	+0.080%	$1.8M	$999K	20x	as long as short
Bybit PONSUSDT	+0.0645%	4h	0.6129	−0.213%	$18.5M	$30.8M	20x	as long as short
Pacifica PONSshort	+0.0665%	1h	0.6133	−0.141%	$48K	$78K	3x
Polymarket Perps PONS-USD	+0.0803%	1h	0.6140	−0.039%	$45K	$1.6M	3x	as long as short
Hyperliquid PONS	+0.0871%	1h	0.6141	−0.010%	$62.5M	$28.9M	3x	as long as short
Gate PONS_USDT	+0.1510%	4h	0.6128	−0.230%	$5.4M	$6.2M	20x	as long as short
Phoenix PONS	+0.1608%	1h	0.6136	−0.099%	$32K	$113K	3x	as long as short