Spread before costs (cost unknown: a leg has no order-book sample)−0.311%
7d average—if it closes, per $10,000$31funding while held, a day+$3.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PONSUSDT | 0.6253 | 0.0100 | pay 0.0013% / 1h | 5m 07s | $39K | $314K | 5x |
| Short | Aevo PONS-PERP | 0.6234 | 0.0216 | get 0.0027% / 1h | 5m 07s | $388 | — | 3x |
ApeX Omni PONSUSDT
Aevo PONS-PERPPrice 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
- −$31.14
- Funding while held
- $3.48
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$53.66
- Spread needed to break even
- 0.260%
Slippage unknown: ApeX Omni: live order book, 44 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0116%
- Per $10,000 a day
- +$3.48
- 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 ApeX Omni live order book, 44 min ago | 10.53 bp | 18.2 bp −$18 | 113.4 bp −$1,134 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.Injective0.5738cheapest
BingX0.6223+8.452%gTrade (Gains Network)0.6229+8.554%BloFin0.6231+8.592%KuCoin0.6232+8.604%Phemex0.6232+8.609%OKX0.6233+8.627%Popdex0.6233+8.627%MEXC0.6233+8.627%SoDEX0.6233+8.627%Polymarket Perps0.6233+8.635%
Injective
BingX
gTrade (Gains Network)
BloFin
KuCoin
Phemex
OKX
Popdex
MEXC
SoDEX
Polymarket PerpsAevo0.6234+8.643%
Bybit0.6234+8.644%Extended0.6234+8.646%Bitget0.6235+8.669%Binance0.6236+8.679%SunX0.6237+8.688%Lighter RH0.6237+8.693%Aster0.6238+8.707%Gate0.6238+8.714%Hyperliquid0.6239+8.737%Pacifica0.6240+8.747%Orderly0.6240+8.754%Lighter0.6242+8.782%Nado0.6244+8.824%HTX0.6250+8.914%Variational Omni0.6251+8.944%
Bybit
Extended
Bitget
Binance
SunX
Lighter RH
Aster
Gate
Hyperliquid
Pacifica
Orderly
Lighter
Nado
HTX
Variational OmniApeX Omni0.6253+8.982%
Phoenix0.6264+9.174%edgeX0.6267+9.227%
PhoenixPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −8.242% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| BingX PONS-USDT | −0.486% | +0.0606% | 4h | — | $3.1M | — | as long as short |
| gTrade (Gains Network) PONS/USD | −0.393% | L +0.0032% / S −0.0031% | 1h | $225K | — | 150x | as long as short |
| BloFin PONS-USDT | −0.358% | +0.0790% | 4h | $1.9M | $922K | 20x | as long as short |
| KuCoin PONSUSDTM | −0.347% | +0.0292% | 4h | $1.8M | $3.2M | 20x | as long as short |
| Phemex PONSUSDT | −0.342% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.326% | +0.0143% | 4h | $14.4M | $55.0M | 20x | as long as short |
| Popdex PONSUSDT | −0.326% | +0.0096% | 1h | $19K | $456K | 20x | as long as short |
| MEXC PONS_USDT | −0.326% | +0.0554% | 4h | $7.8M | $5.1M | 20x | as long as short |
| SoDEX PONS-USD | −0.326% | +0.0100% | 1h | $28K | $471K | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps PONS-USD | −0.318% | +0.0552% | 1h | $67K | $1.8M | 3x | as long as short |
| Aevo PONS-PERPshort | −0.311% | +0.0216% | 1h | $388 | — | 3x | |
| Bybit PONSUSDT | −0.310% | +0.0617% | 4h | $20.0M | $27.2M | 20x | as long as short |
| Extended PONS-USD | −0.309% | +0.0552% | 1h | $94K | $533K | 5x | as long as short |
| Bitget PONSUSDT | −0.288% | +0.0372% | 4h | $4.8M | $10.8M | 20x | as long as short |
| Binance PONSUSDT | −0.278% | +0.0550% | 4h | $41.5M | $92.8M | 20x | as long as short |
| SunX PONS-USDT | −0.270% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Lighter RH PONS | −0.265% | +0.0464% | 1h | $429K | $2.3M | 3x | as long as short |
| Aster PONSUSDT | −0.253% | +0.0251% | 4h | $1.1M | $2.2M | 20x | as long as short |
| Gate PONS_USDT | −0.246% | −0.0248% | 4h | $5.6M | $7.3M | 20x | as long as short |
| Hyperliquid PONS | −0.225% | +0.1027% | 1h | $63.4M | $26.6M | 3x | as long as short |
| Pacifica PONS | −0.216% | +0.0472% | 1h | $50K | $126K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.209% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Lighter PONS | −0.184% | +0.1144% | 1h | $1.8M | $776K | 3x | as long as short |
| Nado PONS-PERP | −0.145% | +0.0599% | 1h | $113K | $67K | 5x | as long as short |
| HTX PONS-USDT | −0.062% | +0.0100% | 4h | $67K | $493K | 20x | as long as short |
| Variational Omni PONS | −0.035% | +0.0519% | 4h | $1.7M | $3.4M | — | as long as short |
| ApeX Omni PONSUSDTlong | 0.000% | +0.0100% | 1h | $39K | $314K | 5x | |
| Phoenix PONS | +0.176% | +0.1489% | 1h | $25K | $51K | 3x | as long as short |
| edgeX PONSUSDC | +0.224% | +0.0560% | 4h | $21K | $290K | 10x | as long as short |