Funding you earn now, next payment 06:00 UTC−0.0270%/8h= −29.6% APRpaid last 24h −0.068%
Price spread now: Aster against Pacifica−0.130%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.290%−$29 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 0.130% cheaper against Pacifica than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PONS | 0.5816 | 0.0715 | pay 0.0089% / 1h | 22m 39s | $44K | $69K | 3x |
| Short | Aster PONSUSDT | 0.5809 | 0.0445 | get 0.0222% / 4h | 2h 22m | $1.1M | $2.2M | 20x |
Pacifica PONS
Aster PONSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$56.8
- Price spread: −0.130% → 0.000%
- −$13.04
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$85.84
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Aster: live order book, 1 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 1 min ago | 3.62 bp | 12.0 bp −$12 | 44.8 bp −$448 | doesn't fit | doesn't fit |
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 | 0.5787 | −0.498% | $230K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | +2.638% | $614 | $10K | 5.5x | as long as short |
| Lighter RH PONS | +0.0096% | 1h | 0.5814 | −0.036% | $413K | $2.6M | 3x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.5824 | +0.136% | $17K | $429K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.5794 | −0.378% | $2K | $3K | 10x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.5800 | −0.277% | $68K | $131K | 5x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.5810 | −0.105% | $5.2M | $6.4M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.5912 | +1.651% | $29K | $331K | 5x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.5799 | −0.285% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.5794 | −0.388% | $25K | $583K | 3x | as long as short |
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Lighter RH PONS
Popdex PONSUSDT
Orderly PERP_PONS_USDC_mythos
Nado PONS-PERP
Gate PONS_USDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | +0.0100% | 4h | 0.5806 | −0.175% | $63K | $525K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.5790 | −0.449% | $1.6M | $3.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.0224% | 1h | 0.5790 | −0.442% | $361 | — | 3x | as long as short |
| Hyperliquid PONS | +0.0224% | 1h | 0.5815 | −0.027% | $59.1M | $29.3M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0388% | 4h | 0.5825 | +0.153% | $13.2M | $55.0M | 20x | as long as short |
| Aster PONSUSDTshort | +0.0445% | 4h | 0.5809 | −0.130% | $1.1M | $2.2M | 20x | |
| Lighter PONS | +0.0568% | 1h | 0.5815 | −0.020% | $1.6M | $934K | 3x | as long as short |
| Binance PONSUSDT | +0.0578% | 4h | 0.5822 | +0.095% | $37.0M | $98.3M | 20x | as long as short |
| Extended PONS-USD | +0.0584% | 1h | 0.5815 | −0.024% | $99K | $817K | 5x | as long as short |
| MEXC PONS_USDT | +0.0586% | 4h | 0.5818 | +0.033% | $7.4M | $4.8M | 20x | as long as short |
| Bitget PONSUSDT | +0.0590% | 4h | 0.5825 | +0.160% | $4.6M | $12.1M | 20x | as long as short |
| Variational Omni PONS | +0.0613% | 4h | 0.5828 | +0.205% | $1.3M | $4.1M | — | as long as short |
| edgeX PONSUSDC | +0.0623% | 4h | 0.5888 | +1.237% | $20K | $294K | 10x | as long as short |
| Pacifica PONSlong | +0.0715% | 1h | 0.5816 | long leg | $44K | $69K | 3x | |
| KuCoin PONSUSDTM | +0.0720% | 4h | 0.5815 | −0.027% | $1.6M | $3.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0745% | 1h | 0.5802 | −0.251% | $120K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | +0.0827% | 4h | 0.5793 | −0.397% | $1.7M | $926K | 20x | as long as short |
| BingX PONS-USDT | +0.0846% | 4h | 0.5827 | +0.188% | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | +0.0937% | 4h | 0.5826 | +0.170% | $17.5M | $31.5M | 20x | as long as short |
| Phoenix PONS | +0.1719% | 1h | 0.5822 | +0.107% | $44K | $121K | 3x | as long as short |
HTX PONS-USDT
Phemex PONSUSDT
Aevo PONS-PERP
Hyperliquid PONS
OKX PONS-USDT-SWAP
Lighter PONS
Binance PONSUSDT
Extended PONS-USD
MEXC PONS_USDT
Bitget PONSUSDT
Variational Omni PONS
edgeX PONSUSDC
KuCoin PONSUSDTM
Polymarket Perps PONS-USD
BloFin PONS-USDT
BingX PONS-USDT
Bybit PONSUSDT
Phoenix PONS