Funding you earn now, next payment 02:00 UTC−0.0837%/8h= −91.6% APRnext payment −$1.05 per $10,000 · paid last 24h −0.112%
Price spread now: gTrade (Gains Network) against Pacifica−0.128%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and gTrade (Gains Network) is 0.128% 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 | 0.6058 | 0.0869 | pay 0.0109% / 1h | 2m 17s | $48K | $75K | 3x |
| Short | gTrade (Gains Network) PONS/USD | 0.6051 | L +0.0033% / S −0.0033% | get 0.0004% / 1h | 2m 17s | $240K | — | 150x |
Pacifica PONS
gTrade (Gains Network) PONS/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$175.69
- Price spread: −0.128% → 0.000%
- −$12.81
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$208.49
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 2 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 gTrade (Gains Network) virtual book (oracle venue), 2 min ago | 130.01 bp | 2470.9 bp −$2,471 | doesn't fit | 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 29 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/USDshort | L +0.0033% / S −0.0033% | 1h | 0.6051 | −0.128% | $240K | — | 150x | |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5969 | −1.467% | $614 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6064 | +0.093% | $20K | $422K | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6054 | −0.065% | $1.4M | $3.9M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6060 | +0.035% | $33K | $352K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6062 | +0.058% | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6065 | +0.110% | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6058 | −0.006% | $26K | $520K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6075 | +0.276% | $65K | $508K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6054 | −0.072% | $1.7M | $3.2M | 20x | as long as short |
Injective PONS/USDC PERP
Popdex PONSUSDT
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythos
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.0168% | 1h | 0.6060 | +0.030% | $426K | $2.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0192% | 1h | 0.6050 | −0.130% | $377 | — | 3x | as long as short |
| Lighter PONS | +0.0240% | 1h | 0.6059 | +0.011% | $1.7M | $889K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0256% | 4h | 0.6054 | −0.072% | $13.9M | $54.6M | 20x | as long as short |
| Nado PONS-PERP | +0.0276% | 1h | 0.6063 | +0.073% | $71K | $131K | 5x | as long as short |
| KuCoin PONSUSDTM | +0.0294% | 4h | 0.6065 | +0.105% | $1.7M | $3.7M | 20x | as long as short |
| Bitget PONSUSDT | +0.0364% | 4h | 0.6058 | +0.002% | $4.7M | $11.2M | 20x | as long as short |
| BingX PONS-USDT | +0.0438% | 4h | 0.6062 | +0.060% | — | $3.0M | — | as long as short |
| edgeX PONSUSDC | +0.0440% | 4h | 0.6058 | −0.008% | $21K | $292K | 10x | as long as short |
| Aster PONSUSDT | +0.0447% | 4h | 0.6061 | +0.036% | $1.1M | $2.0M | 20x | as long as short |
| MEXC PONS_USDT | +0.0450% | 4h | 0.6061 | +0.044% | $7.8M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0456% | 4h | 0.6060 | +0.024% | $39.6M | $93.8M | 20x | as long as short |
| Extended PONS-USD | +0.0456% | 1h | 0.6057 | −0.030% | $250K | $670K | 5x | as long as short |
| Bybit PONSUSDT | +0.0486% | 4h | 0.6056 | −0.039% | $18.1M | $30.3M | 20x | as long as short |
| Hyperliquid PONS | +0.0721% | 1h | 0.6064 | +0.093% | $61.8M | $27.8M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.0784% | 1h | 0.6064 | +0.088% | $48K | $1.5M | 3x | as long as short |
| Gate PONS_USDT | +0.0826% | 4h | 0.6056 | −0.039% | $5.3M | $6.2M | 20x | as long as short |
| Pacifica PONSlong | +0.0869% | 1h | 0.6058 | long leg | $48K | $75K | 3x | |
| Phoenix PONS | +0.1695% | 1h | 0.6052 | −0.108% | $31K | $107K | 3x | as long as short |
Lighter RH PONS
Aevo PONS-PERP
Lighter PONS
OKX PONS-USDT-SWAP
Nado PONS-PERP
KuCoin PONSUSDTM
Bitget PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
Aster PONSUSDT
MEXC PONS_USDT
Binance PONSUSDT
Extended PONS-USD
Bybit PONSUSDT
Hyperliquid PONS
Polymarket Perps PONS-USD
Gate PONS_USDT
Phoenix PONS