PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0619%/8h= +67.8% APRnext payment +$0.77 per $10,000 · paid last 24h −0.013%

Price spread now: Pacifica against Lighter RH+0.301%7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

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

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

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Pacifica is 0.301% dearer against Lighter RH than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.77 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	Lighter RH PONS	0.5886	0.0096	pay 0.0012% / 1h	33m 51s	$411K	$2.6M	3x
Short	Pacifica PONS	0.5904	0.0715	get 0.0089% / 1h	33m 51s	$46K	$68K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter RH. 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 Lighter RHbpFee PacificabpOrdersPrice spread, now +0.301%Rate

Funding earned: $130.08
Price spread: +0.301% → 0.000%: $30.05
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $152.14
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 4 min ago	7.21 bp	11.5 bp −$12	37.8 bp −$378	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 −0.0032%	1h	0.5876	−0.170%	$233K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+1.419%	$614	$10K	5.5x	as long as short
Lighter RH PONSlong	+0.0096%	1h	0.5886	long leg	$411K	$2.6M	3x
Popdex PONSUSDT	+0.0096%	1h	0.5887	+0.017%	$21K	$418K	20x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5890	+0.063%	$69K	$130K	5x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.5887	+0.017%	$5.2M	$6.2M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5901	+0.251%	$29K	$334K	5x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5893	+0.114%	$2K	$3K	10x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5888	+0.036%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5885	−0.022%	$25K	$547K	3x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PONS-USDT	+0.0100%	4h	0.5887	+0.019%	$64K	$513K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5895	+0.153%	$1.6M	$3.2M	20x	as long as short
Hyperliquid PONS	+0.0229%	1h	0.5879	−0.116%	$59.8M	$29.2M	3x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.5889	+0.052%	$367	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0367%	4h	0.5877	−0.153%	$13.3M	$54.4M	20x	as long as short
Aster PONSUSDT	+0.0491%	4h	0.5889	+0.051%	$1.1M	$2.2M	20x	as long as short
Lighter PONS	+0.0568%	1h	0.5886	−0.003%	$1.6M	$887K	3x	as long as short
Bitget PONSUSDT	+0.0572%	4h	0.5879	−0.122%	$4.6M	$11.8M	20x	as long as short
Variational Omni PONS	+0.0576%	4h	0.5912	+0.443%	$1.4M	$4.1M	—	as long as short
MEXC PONS_USDT	+0.0606%	4h	0.5880	−0.102%	$7.5M	$4.7M	20x	as long as short
Binance PONSUSDT	+0.0608%	4h	0.5883	−0.051%	$38.4M	$94.9M	20x	as long as short
Extended PONS-USD	+0.0608%	1h	0.5883	−0.043%	$100K	$812K	5x	as long as short
edgeX PONSUSDC	+0.0610%	4h	0.5909	+0.398%	$20K	$295K	10x	as long as short
Pacifica PONSshort	+0.0715%	1h	0.5904	+0.301%	$46K	$68K	3x
KuCoin PONSUSDTM	+0.0740%	4h	0.5885	−0.012%	$1.6M	$3.8M	20x	as long as short
BingX PONS-USDT	+0.0766%	4h	0.5883	−0.051%	—	$3.0M	—	as long as short
Polymarket Perps PONS-USD	+0.0785%	1h	0.5885	−0.019%	$108K	$1.7M	3x	as long as short
BloFin PONS-USDT	+0.0848%	4h	0.5939	+0.900%	$1.7M	$946K	20x	as long as short
Bybit PONSUSDT	+0.0869%	4h	0.5879	−0.119%	$17.6M	$31.1M	20x	as long as short
Phoenix PONS	+0.1719%	1h	0.5887	+0.014%	$45K	$121K	3x	as long as short