After costs, if the gap returns to its 7d average, $10k−$150
spread now−0.249%7d average−0.167%fees + slippage, in and out−$142spread needed1.418%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PONSUSDT | 0.6356 | −0.0047 | get 0.0006% / 1h | 49m 39s | $40K | $320K | 5x |
| Short | Gate PONS_USDT | 0.6340 | 0.1190 | get 0.0595% / 4h | 1h 49m | $5.7M | $7.0M | 20x |
ApeX Omni PONSUSDT
Gate PONS_USDTPrice 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
- −$24.86
- Funding while held
- $37.12
- Slippage, 4 orders
- −$116.76
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$129.5
- Spread needed to break even
- 1.418%
Slippage from ApeX Omni: live order book, 4 min ago; Gate: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.1237%
- Per $10,000 a day
- +$37.12
- 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 | 20.44 bp | 28.0 bp −$28 | 109.5 bp −$1,095 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 3.16 bp | 25.8 bp −$26 | 76.8 bp −$768 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Phoenix0.6328+10.289%BingX0.6329+10.300%Aster0.6334+10.387%Extended0.6335+10.403%gTrade (Gains Network)0.6336+10.421%Popdex0.6337+10.439%Phemex0.6337+10.439%OKX0.6338+10.457%Pacifica0.6338+10.464%Binance0.6339+10.472%Nado0.6339+10.473%Bybit0.6339+10.474%Aevo0.6339+10.475%Lighter RH0.6339+10.481%SoDEX0.6340+10.486%
Injective
Phoenix
BingX
Aster
Extended
gTrade (Gains Network)
Popdex
Phemex
OKX
Pacifica
Binance
Nado
Bybit
Aevo
Lighter RH
SoDEXGate0.6340+10.491%
BloFin0.6340+10.491%Bitget0.6340+10.498%MEXC0.6341+10.509%Orderly0.6341+10.509%KuCoin0.6341+10.518%Hyperliquid0.6342+10.526%Lighter0.6343+10.551%edgeX0.6345+10.571%Polymarket Perps0.6351+10.688%Variational Omni0.6352+10.707%SunX0.6354+10.735%
BloFin
Bitget
MEXC
Orderly
KuCoin
Hyperliquid
Lighter
Polymarket Perps
Variational Omni
SunXApeX Omni0.6356+10.767%
HTX0.6362+10.877%
HTXPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −9.720% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| Phoenix PONS | −0.431% | +0.1767% | 1h | $26K | $45K | 3x | as long as short |
| BingX PONS-USDT | −0.422% | +0.0730% | 4h | — | $2.9M | — | as long as short |
| Aster PONSUSDT | −0.343% | +0.0421% | 4h | $1.1M | $2.2M | 20x | as long as short |
| Extended PONS-USD | −0.329% | +0.0696% | 1h | $161K | $464K | 5x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.313% | L +0.0032% / S −0.0032% | 1h | $227K | — | 150x | as long as short |
| Popdex PONSUSDT | −0.296% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| Phemex PONSUSDT | −0.296% | +0.0100% | 4h | $1.8M | $3.4M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.280% | +0.0244% | 4h | $15.2M | $56.5M | 20x | as long as short |
| Pacifica PONS | −0.273% | +0.0858% | 1h | $49K | $176K | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance PONSUSDT | −0.266% | +0.0695% | 4h | $42.7M | $92.5M | 20x | as long as short |
| Nado PONS-PERP | −0.265% | +0.0554% | 1h | $116K | $67K | 5x | as long as short |
| Bybit PONSUSDT | −0.264% | +0.0665% | 4h | $20.2M | $26.1M | 20x | as long as short |
| Aevo PONS-PERP | −0.264% | +0.0256% | 1h | $395 | — | 3x | as long as short |
| Lighter RH PONS | −0.258% | +0.0272% | 1h | $450K | $2.2M | 3x | as long as short |
| SoDEX PONS-USD | −0.253% | +0.0100% | 1h | $29K | $466K | 3x | as long as short |
| Gate PONS_USDTshort | −0.249% | +0.1190% | 4h | $5.7M | $7.0M | 20x | |
| BloFin PONS-USDT | −0.249% | +0.0919% | 4h | $2.0M | $905K | 20x | as long as short |
| Bitget PONSUSDT | −0.242% | +0.0756% | 4h | $5.0M | $10.4M | 20x | as long as short |
| MEXC PONS_USDT | −0.233% | +0.0694% | 4h | $8.2M | $4.8M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.233% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| KuCoin PONSUSDTM | −0.225% | +0.0576% | 4h | $2.3M | $2.1M | 20x | as long as short |
| Hyperliquid PONS | −0.217% | +0.1008% | 1h | $64.3M | $25.3M | 3x | as long as short |
| Lighter PONS | −0.195% | +0.0760% | 1h | $1.8M | $729K | 3x | as long as short |
| edgeX PONSUSDC | −0.177% | +0.0710% | 4h | $22K | $288K | 10x | as long as short |
| Polymarket Perps PONS-USD | −0.071% | +0.0405% | 1h | $65K | $1.7M | 3x | as long as short |
| Variational Omni PONS | −0.054% | +0.0542% | 4h | $1.8M | $3.3M | — | as long as short |
| SunX PONS-USDT | −0.028% | +0.0100% | 4h | — | $1.2M | 10x | as long as short |
| ApeX Omni PONSUSDTlong | 0.000% | −0.0047% | 1h | $40K | $320K | 5x | |
| HTX PONS-USDT | +0.099% | +0.0100% | 4h | $66K | $492K | 20x | as long as short |