After costs, if the gap returns to its 7d average, $10k−$158
spread now−0.028%7d average−0.107%fees + slippage, in and out−$166spread needed1.660%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PONSUSDT | 0.5834 | 0.0100 | pay 0.0013% / 1h | 25m 35s | $34K | $317K | 5x |
| Short | edgeX PONSUSDC | 0.5832 | 0.0274 | get 0.0137% / 4h | 1h 25m | $20K | $291K | 10x |
ApeX Omni PONSUSDTPrice 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
- −$2.79
- Funding while held
- $5.22
- Slippage, 4 orders
- −$146.99
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$163.56
- Spread needed to break even
- 1.660%
Slippage from ApeX Omni: live order book, 8 min ago; edgeX: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0174%
- Per $10,000 a day
- +$5.22
- 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, 8 min ago | 42.26 bp | 49.7 bp −$50 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 9 min ago | 12.04 bp | 20.7 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestVariational Omni0.5825+1.512%
Injective
Variational OmniApeX Omni0.5834+1.666%
Phoenix0.5836+1.701%Bitget0.5838+1.746%Binance0.5840+1.771%KuCoin0.5840+1.772%Bybit0.5840+1.778%OKX0.5840+1.778%MEXC0.5840+1.778%Aster0.5840+1.781%Popdex0.5841+1.795%Gate0.5841+1.795%BingX0.5841+1.795%Pacifica0.5841+1.798%Extended0.5842+1.809%Lighter RH0.5842+1.812%Hyperliquid0.5846+1.873%gTrade (Gains Network)0.5846+1.879%Phemex0.5846+1.882%Lighter0.5849+1.931%SunX0.5850+1.959%SoDEX0.5850+1.961%Polymarket Perps0.5851+1.964%Nado0.5851+1.969%Aevo0.5853+1.995%HTX0.5856+2.049%BloFin0.5856+2.056%Orderly0.5859+2.105%
Phoenix
Bitget
Binance
KuCoin
Bybit
OKX
MEXC
Aster
Popdex
Gate
BingX
Pacifica
Extended
Lighter RH
Hyperliquid
gTrade (Gains Network)
Phemex
Lighter
SunX
SoDEX
Polymarket Perps
Nado
Aevo
HTX
BloFin
OrderlyPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −1.639% | +0.0033% | 1h | $590 | $3K | 5.5x | as long as short |
| Variational Omni PONS | −0.151% | +0.0100% | 4h | $1.3M | $4.1M | — | as long as short |
| edgeX PONSUSDCshort | −0.028% | +0.0274% | 4h | $20K | $291K | 10x | |
| ApeX Omni PONSUSDTlong | 0.000% | +0.0100% | 1h | $34K | $317K | 5x | |
| Phoenix PONS | +0.034% | +0.1299% | 1h | $24K | $70K | 3x | as long as short |
| Bitget PONSUSDT | +0.079% | +0.0136% | 4h | $4.6M | $11.6M | 20x | as long as short |
| Binance PONSUSDT | +0.103% | +0.0258% | 4h | $37.7M | $99.4M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.105% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
| Bybit PONSUSDT | +0.110% | +0.0100% | 4h | $17.2M | $31.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.110% | +0.0172% | 4h | $13.0M | $55.4M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC PONS_USDT | +0.110% | +0.0256% | 4h | $7.0M | $5.4M | 20x | as long as short |
| Aster PONSUSDT | +0.113% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Popdex PONSUSDT | +0.127% | +0.0096% | 1h | $20K | $513K | 20x | as long as short |
| Gate PONS_USDT | +0.127% | −0.0162% | 4h | $5.2M | $7.2M | 20x | as long as short |
| BingX PONS-USDT | +0.127% | +0.0258% | 4h | — | $3.3M | — | as long as short |
| Pacifica PONS | +0.129% | +0.0157% | 1h | $46K | $116K | 3x | as long as short |
| Extended PONS-USD | +0.140% | +0.0256% | 1h | $87K | $542K | 5x | as long as short |
| Lighter RH PONS | +0.144% | +0.0208% | 1h | $418K | $2.4M | 3x | as long as short |
| Hyperliquid PONS | +0.204% | +0.0100% | 1h | $58.1M | $29.9M | 3x | as long as short |
| gTrade (Gains Network) PONS/USD | +0.209% | L +0.0032% / S −0.0032% | 1h | $211K | — | 150x | as long as short |
| Phemex PONSUSDT | +0.213% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Lighter PONS | +0.261% | +0.1000% | 1h | $1.7M | $870K | 3x | as long as short |
| SunX PONS-USDT | +0.288% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| SoDEX PONS-USD | +0.290% | +0.0100% | 1h | $27K | $535K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.293% | +0.0427% | 1h | $65K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | +0.298% | +0.0100% | 1h | $72K | $94K | 5x | as long as short |
| Aevo PONS-PERP | +0.324% | +0.0144% | 1h | $365 | — | 3x | as long as short |
| HTX PONS-USDT | +0.377% | +0.0100% | 4h | $62K | $500K | 20x | as long as short |
| BloFin PONS-USDT | +0.384% | +0.0494% | 4h | $1.7M | $976K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.432% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |