Spread before costs (cost unknown: a leg has no order-book sample)+0.129%
7d average—if it closes, per $10,000$13funding while held, a day−$1.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PONS-PERP | 0.5816 | 0.0144 | pay 0.0018% / 1h | 34m 01s | $362 | — | 3x |
| Short | Orderly PERP_PONS_USDC_mythos | 0.5824 | 0.0100 | get 0.0050% / 4h | 1h 34m | $2K | $3K | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $12.86
- Funding while held
- −$1.32
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.46
- Spread needed to break even
- 0.220%
Slippage unknown: Aevo: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0044%
- Per $10,000 a day
- −$1.32
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aevo and Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.PONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −1.345% | +0.0033% | 1h | $590 | $3K | 5.5x | as long as short |
| Bybit PONSUSDT | −0.090% | +0.0100% | 4h | $16.9M | $31.2M | 20x | as long as short |
| BingX PONS-USDT | −0.090% | +0.0262% | 4h | — | $3.3M | — | as long as short |
| Hyperliquid PONS | −0.066% | +0.0100% | 1h | $57.8M | $29.8M | 3x | as long as short |
| Aster PONSUSDT | −0.063% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Phemex PONSUSDT | −0.055% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| SoDEX PONS-USD | −0.040% | +0.0100% | 1h | $26K | $534K | 3x | as long as short |
| MEXC PONS_USDT | −0.038% | +0.0264% | 4h | $7.0M | $5.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.021% | +0.0173% | 4h | $12.9M | $55.3M | 20x | as long as short |
| Extended PONS-USD | −0.020% | +0.0264% | 1h | $87K | $542K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance PONSUSDT | −0.016% | +0.0265% | 4h | $37.5M | $99.4M | 20x | as long as short |
| Bitget PONSUSDT | −0.006% | +0.0134% | 4h | $4.5M | $11.6M | 20x | as long as short |
| Aevo PONS-PERPlong | 0.000% | +0.0144% | 1h | $362 | — | 3x | |
| SunX PONS-USDT | +0.013% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| KuCoin PONSUSDTM | +0.029% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
| Lighter RH PONS | +0.063% | +0.0360% | 1h | $414K | $2.4M | 3x | as long as short |
| Lighter PONS | +0.067% | +0.0928% | 1h | $1.7M | $868K | 3x | as long as short |
| Gate PONS_USDT | +0.082% | −0.0138% | 4h | $5.2M | $7.2M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythosshort | +0.129% | +0.0100% | 4h | $2K | $3K | 10x | |
| Pacifica PONS | +0.146% | +0.0157% | 1h | $46K | $116K | 3x | as long as short |
| Nado PONS-PERP | +0.176% | +0.0100% | 1h | $72K | $94K | 5x | as long as short |
| gTrade (Gains Network) PONS/USD | +0.182% | L +0.0032% / S −0.0032% | 1h | $211K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.220% | +0.0096% | 1h | $20K | $512K | 20x | as long as short |
| edgeX PONSUSDC | +0.225% | +0.0278% | 4h | $20K | $292K | 10x | as long as short |
| Phoenix PONS | +0.237% | +0.1299% | 1h | $24K | $70K | 3x | as long as short |
| BloFin PONS-USDT | +0.237% | +0.0505% | 4h | $1.7M | $975K | 20x | as long as short |
| HTX PONS-USDT | +0.302% | +0.0100% | 4h | $62K | $499K | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.304% | +0.0423% | 1h | $72K | $1.8M | 3x | as long as short |
| Variational Omni PONS | +0.318% | +0.0100% | 4h | $1.3M | $4.1M | — | as long as short |
| ApeX Omni PONSUSDT | +0.448% | +0.0100% | 1h | $34K | $317K | 5x | as long as short |
Injective
Bybit
BingX
Hyperliquid
Aster
Phemex
SoDEX
MEXC
OKX
Extended
Binance
Bitget
SunX
KuCoin
Lighter RH
Lighter
Gate
Pacifica
gTrade (Gains Network)
Popdex
Phoenix
BloFin
HTX
Polymarket Perps
Variational Omni
ApeX Omni