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

PONS

all PONS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0132%/8h= +14.4% APRpaid last 24h −0.054%
Price spread now: Bitget against Pacifica+0.119%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 7 days−0.026%−$3 on $10k
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 +$4 a day on $10k at the current rate, and Bitget is 0.119% dearer against Pacifica than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PONS0.63020.0572pay 0.0072% / 1h42m 36s$48K$68K3x
ShortBitget PONSUSDT0.63090.0704get 0.0352% / 4h42m 36s$4.9M$12.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. 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
$27.62
Price spread: +0.119% → 0.000%
$11.89
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$19.5
Costs to cover
0.200%
Break-even
2.1 days
Slippage unknown: Pacifica: no order-book sample; Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell Bitget live order book, 1 min ago1.83 bp19.7 bp −$20doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0029%1h0.6267−0.544%$238K150xas long as short
Popdex PONSUSDT+0.0096%1h0.6312+0.163%$22K$454K20xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6184−1.873%$30K$303K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6285−0.259%$2K$4K10xas long as short
SunX PONS-USDT+0.0100%4h0.6284−0.284%$1.2M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6288−0.225%$27K$632K3xas long as short
HTX PONS-USDT+0.0100%4h0.6290−0.183%$68K$536K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6273−0.456%$1.7M$3.2M20xas long as short
Nado PONS-PERP+0.0125%1h0.6310+0.132%$74K$130K5xas long as short
Aevo PONS-PERP+0.0224%1h0.6280−0.340%$3913xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PONS-USDT-SWAP+0.0424%4h0.6311+0.147%$14.4M$60.7M20xas long as short
Variational Omni PONS+0.0525%4h0.6174−2.030%$1.5M$4.1Mas long as short
edgeX PONSUSDC+0.0528%4h0.6159−2.270%$21K$291K10xas long as short
Aster PONSUSDT+0.0538%4h0.6302+0.005%$1.2M$2.3M20xas long as short
KuCoin PONSUSDTM+0.0568%4h0.6299−0.045%$1.6M$3.9M20xas long as short
Pacifica PONSlong+0.0572%1h0.6302long leg$48K$68K3x
Extended PONS-USD+0.0576%1h0.6304+0.036%$106K$819K5xas long as short
MEXC PONS_USDT+0.0576%4h0.6303+0.020%$8.2M$4.7M20xas long as short
Binance PONSUSDT+0.0607%4h0.6312+0.163%$40.8M$102.6M20xas long as short
BingX PONS-USDT+0.0666%4h0.6308+0.100%$3.1Mas long as short
Bybit PONSUSDT+0.0697%4h0.6312+0.163%$19.1M$32.2M20xas long as short
Bitget PONSUSDTshort+0.0704%4h0.6309+0.119%$4.9M$12.7M20x
BloFin PONS-USDT+0.0816%4h0.6279−0.360%$1.8M$995K20xas long as short
Gate PONS_USDT+0.0846%4h0.6295−0.106%$5.5M$6.4M20xas long as short
Lighter RH PONS+0.0848%1h0.6296−0.091%$445K$2.6M3xas long as short
Hyperliquid PONS+0.0915%1h0.6295−0.103%$64.1M$30.2M3xas long as short
Injective PONS/USDC PERP+0.1069%1h0.5938−5.764%$610$10K5.5xas long as short
Lighter PONS+0.1120%1h0.6296−0.091%$1.8M$844K3xas long as short
Phoenix PONS+0.1405%1h0.6180−1.925%$47K$127K3xas long as short
Polymarket Perps PONS-USD+0.1471%1h0.6310+0.125%$91K$2.2M3xas long as short