PONS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.027%

Price spread now: Polymarket Perps against Pacifica−0.046%48s7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Polymarket Perps is 0.046% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 11 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.147% in total) that is about 2.2 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PONS	0.5865	0.0715	pay 0.0089% / 1h	15m 38s	$45K	$69K	3x
Short	Polymarket Perps PONS-USD	0.5863	0.0729	get 0.0091% / 1h	15m 38s	$108K	$1.9M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee PacificabpFee Polymarket PerpsbpOrdersPrice spread, now −0.046%Rate

Funding earned: $2.94
Price spread: −0.046% → 0.000%: −$4.55
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$17.61
Costs to cover: 0.160%
Break-even: 48.9 days

Slippage unknown: Pacifica: no order-book sample; Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago	0.09 bp	4.1 bp −$4	5.7 bp −$57	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	0.5851	−0.247%	$232K	—	150x	as long as short
Injective PONS/USDC PERP	+0.0033%	1h	0.5969	+1.774%	$614	$10K	5.5x	as long as short
Lighter RH PONS	+0.0096%	1h	0.5864	−0.023%	$409K	$2.6M	3x	as long as short
Popdex PONSUSDT	+0.0096%	1h	0.5868	+0.043%	$21K	$439K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.0100%	4h	0.5871	+0.093%	$2K	$3K	10x	as long as short
Nado PONS-PERP	+0.0100%	1h	0.5857	−0.139%	$68K	$131K	5x	as long as short
Gate PONS_USDT	+0.0100%	4h	0.5861	−0.076%	$5.2M	$6.4M	20x	as long as short
ApeX Omni PONSUSDT	+0.0100%	1h	0.5868	+0.038%	$29K	$329K	5x	as long as short
SunX PONS-USDT	+0.0100%	4h	0.5878	+0.210%	—	$1.3M	10x	as long as short
SoDEX PONS-USD	+0.0100%	1h	0.5863	−0.047%	$25K	$587K	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	0.5871	+0.098%	$64K	$526K	20x	as long as short
Phemex PONSUSDT	+0.0100%	4h	0.5855	−0.179%	$1.6M	$3.2M	20x	as long as short
Hyperliquid PONS	+0.0198%	1h	0.5868	+0.036%	$59.5M	$29.6M	3x	as long as short
Aevo PONS-PERP	+0.0232%	1h	0.5875	+0.165%	$366	—	3x	as long as short
OKX PONS-USDT-SWAP	+0.0395%	4h	0.5869	+0.060%	$13.3M	$55.4M	20x	as long as short
Aster PONSUSDT	+0.0465%	4h	0.5865	−0.014%	$1.1M	$2.2M	20x	as long as short
Binance PONSUSDT	+0.0588%	4h	0.5866	+0.014%	$37.3M	$98.7M	20x	as long as short
Extended PONS-USD	+0.0592%	1h	0.5859	−0.109%	$100K	$814K	5x	as long as short
MEXC PONS_USDT	+0.0592%	4h	0.5864	−0.025%	$7.5M	$4.8M	20x	as long as short
edgeX PONSUSDC	+0.0602%	4h	0.5877	+0.193%	$20K	$296K	10x	as long as short
Bitget PONSUSDT	+0.0608%	4h	0.5867	+0.031%	$4.6M	$12.2M	20x	as long as short
Variational Omni PONS	+0.0630%	4h	0.5862	−0.067%	$1.3M	$4.1M	—	as long as short
Lighter PONS	+0.0680%	1h	0.5870	+0.072%	$1.6M	$937K	3x	as long as short
KuCoin PONSUSDTM	+0.0700%	4h	0.5866	+0.002%	$1.6M	$3.8M	20x	as long as short
Pacifica PONSlong	+0.0715%	1h	0.5865	long leg	$45K	$69K	3x
Polymarket Perps PONS-USDshort	+0.0729%	1h	0.5863	−0.046%	$108K	$1.9M	3x
BloFin PONS-USDT	+0.0834%	4h	0.5880	+0.248%	$1.7M	$944K	20x	as long as short
BingX PONS-USDT	+0.0888%	4h	0.5865	−0.008%	—	$3.0M	—	as long as short
Bybit PONSUSDT	+0.0975%	4h	0.5870	+0.077%	$17.5M	$31.6M	20x	as long as short
Phoenix PONS	+0.1719%	1h	0.5849	−0.286%	$44K	$121K	3x	as long as short