After costs, if the gap returns to its 7d average, $10k−$144
spread now−0.302%7d average−0.078%fees + slippage, in and out−$121spread needed1.214%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PONSUSDT | 0.5925 | 0.0100 | pay 0.0013% / 1h | 34m 56s | $30K | $320K | 5x |
| Short | Bitget PONSUSDT | 0.5907 | 0.0170 | get 0.0085% / 4h | 2h 34m | $4.6M | $11.3M | 20x |
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
- −$30.21
- Funding while held
- $2.1
- Slippage, 4 orders
- −$99.38
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$149.49
- Spread needed to break even
- 1.214%
Slippage from ApeX Omni: live order book, 4 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0070%
- Per $10,000 a day
- +$2.10
- 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, 4 min ago | 24.14 bp | 33.1 bp −$33 | 122.8 bp −$1,228 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.43 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
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 | −3.154% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| Variational Omni PONS | −0.573% | +0.0126% | 4h | $1.2M | $3.9M | — | as long as short |
| edgeX PONSUSDC | −0.428% | +0.0350% | 4h | $21K | $292K | 10x | as long as short |
| Bybit PONSUSDT | −0.420% | +0.0124% | 4h | $17.6M | $30.1M | 20x | as long as short |
| BingX PONS-USDT | −0.420% | +0.0356% | 4h | — | $3.2M | — | as long as short |
| Aster PONSUSDT | −0.419% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.403% | +0.0139% | 4h | $13.3M | $55.6M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.373% | L +0.0032% / S −0.0032% | 1h | $214K | — | 150x | as long as short |
| Nado PONS-PERP | −0.370% | +0.0188% | 1h | $73K | $94K | 5x | as long as short |
| Aevo PONS-PERP | −0.354% | +0.0160% | 1h | $368 | — | 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 | −0.349% | +0.0313% | 1h | $48K | $1.8M | 3x | as long as short |
| SunX PONS-USDT | −0.344% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Popdex PONSUSDT | −0.336% | +0.0096% | 1h | $18K | $493K | 20x | as long as short |
| MEXC PONS_USDT | −0.319% | +0.0330% | 4h | $7.3M | $5.2M | 20x | as long as short |
| Phemex PONSUSDT | −0.319% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Binance PONSUSDT | −0.317% | +0.0331% | 4h | $38.4M | $97.8M | 20x | as long as short |
| Lighter RH PONS | −0.316% | +0.0120% | 1h | $409K | $2.3M | 3x | as long as short |
| Extended PONS-USD | −0.315% | +0.0328% | 1h | $88K | $539K | 5x | as long as short |
| KuCoin PONSUSDTM | −0.311% | +0.0104% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Bitget PONSUSDTshort | −0.302% | +0.0170% | 4h | $4.6M | $11.3M | 20x | |
| SoDEX PONS-USD | −0.299% | +0.0100% | 1h | $26K | $509K | 3x | as long as short |
| Gate PONS_USDT | −0.285% | +0.0100% | 4h | $5.3M | $7.7M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.275% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Pacifica PONS | −0.267% | +0.0285% | 1h | $49K | $119K | 3x | as long as short |
| Hyperliquid PONS | −0.241% | +0.0212% | 1h | $59.1M | $29.1M | 3x | as long as short |
| Lighter PONS | −0.236% | +0.0512% | 1h | $1.7M | $854K | 3x | as long as short |
| BloFin PONS-USDT | −0.218% | +0.0571% | 4h | $1.7M | $969K | 20x | as long as short |
| HTX PONS-USDT | −0.197% | +0.0100% | 4h | $63K | $496K | 20x | as long as short |
| Phoenix PONS | −0.024% | +0.1523% | 1h | $24K | $61K | 3x | as long as short |
| ApeX Omni PONSUSDTlong | 0.000% | +0.0100% | 1h | $30K | $320K | 5x |
ApeX Omni PONSUSDT
Bitget PONSUSDT
Injective
Variational Omni
Bybit
BingX
Aster
OKX
gTrade (Gains Network)
Polymarket Perps
SunX
Popdex
MEXC
Phemex
Binance
Lighter RH
Extended
KuCoin
SoDEX
Gate
Pacifica
Hyperliquid
Lighter
BloFin
HTX
Phoenix