After costs, if the gap returns to its 7d average, $10k−$213
spread now−0.008%7d average−0.114%fees + slippage, in and out−$223spread needed2.232%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PONSUSDT | 0.5895 | 0.0100 | pay 0.0013% / 1h | 58m 41s | $27K | $321K | 5x |
| Short | Nado PONS-PERP | 0.5894 | 0.0100 | get 0.0012% / 1h | 58m 41s | $112K | $71K | 5x |
ApeX Omni PONSUSDT
Nado 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
- −$0.82
- Funding while held
- $0
- Slippage, 4 orders
- −$213.21
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 0 bp × 2 orders
- $0
- Net
- −$224.02
- Spread needed to break even
- 2.232%
Slippage from ApeX Omni: live order book, 45 min ago; Nado: live order book, 41 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.00
- 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, 45 min ago | 41.89 bp | 49.1 bp −$49 | 131.5 bp −$1,315 | doesn't fit | doesn't fit |
| Sell Nado live order book, 41 min ago | 16.40 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
InjectiveNado0.5894+2.724%
Polymarket Perps0.5895+2.727%
Polymarket PerpsApeX Omni0.5895+2.733%
HTX0.5896+2.745%Aster0.5896+2.751%gTrade (Gains Network)0.5899+2.804%Popdex0.5899+2.806%edgeX0.5902+2.852%KuCoin0.5902+2.855%Gate0.5902+2.858%Aevo0.5903+2.868%Variational Omni0.5903+2.873%SunX0.5904+2.893%Lighter RH0.5905+2.907%Orderly0.5906+2.921%Binance0.5906+2.935%Pacifica0.5907+2.944%Extended0.5907+2.945%MEXC0.5907+2.945%Bitget0.5907+2.945%BingX0.5907+2.945%Hyperliquid0.5908+2.957%SoDEX0.5908+2.959%Bybit0.5908+2.963%OKX0.5908+2.963%Phemex0.5908+2.963%Lighter0.5910+3.006%BloFin0.5912+3.032%Phoenix0.5924+3.238%
HTX
Aster
gTrade (Gains Network)
Popdex
KuCoin
Gate
Aevo
Variational Omni
SunX
Lighter RH
Orderly
Binance
Pacifica
Extended
MEXC
Bitget
BingX
Hyperliquid
SoDEX
Bybit
OKX
Phemex
Lighter
BloFin
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 | −2.660% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| Nado PONS-PERPshort | −0.008% | +0.0100% | 1h | $112K | $71K | 5x | |
| Polymarket Perps PONS-USD | −0.005% | +0.1572% | 1h | $48K | $1.8M | 3x | as long as short |
| ApeX Omni PONSUSDTlong | 0.000% | +0.0100% | 1h | $27K | $321K | 5x | |
| HTX PONS-USDT | +0.012% | +0.0100% | 4h | $63K | $498K | 20x | as long as short |
| Aster PONSUSDT | +0.018% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | +0.069% | L +0.0032% / S −0.0031% | 1h | $213K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.071% | +0.0096% | 1h | $18K | $492K | 20x | as long as short |
| edgeX PONSUSDC | +0.116% | +0.0366% | 4h | $21K | $293K | 10x | as long as short |
| KuCoin PONSUSDTM | +0.119% | +0.0182% | 4h | $1.7M | $3.3M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PONS_USDT | +0.122% | +0.0042% | 4h | $5.3M | $7.6M | 20x | as long as short |
| Aevo PONS-PERP | +0.131% | +0.0168% | 1h | $368 | — | 3x | as long as short |
| Variational Omni PONS | +0.137% | +0.0325% | 4h | $1.2M | $3.9M | — | as long as short |
| SunX PONS-USDT | +0.156% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Lighter RH PONS | +0.170% | +0.0352% | 1h | $423K | $2.3M | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.183% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Binance PONSUSDT | +0.197% | +0.0346% | 4h | $38.5M | $97.6M | 20x | as long as short |
| Pacifica PONS | +0.205% | +0.0285% | 1h | $49K | $119K | 3x | as long as short |
| Extended PONS-USD | +0.207% | +0.0352% | 1h | $88K | $537K | 5x | as long as short |
| MEXC PONS_USDT | +0.207% | +0.0352% | 4h | $7.0M | $5.1M | 20x | as long as short |
| Bitget PONSUSDT | +0.207% | +0.0204% | 4h | $4.6M | $11.2M | 20x | as long as short |
| BingX PONS-USDT | +0.207% | +0.0382% | 4h | — | $3.2M | — | as long as short |
| Hyperliquid PONS | +0.219% | +0.0427% | 1h | $59.2M | $28.8M | 3x | as long as short |
| SoDEX PONS-USD | +0.221% | +0.0100% | 1h | $26K | $504K | 3x | as long as short |
| Bybit PONSUSDT | +0.224% | +0.0240% | 4h | $17.8M | $29.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.224% | +0.0142% | 4h | $13.0M | $54.8M | 20x | as long as short |
| Phemex PONSUSDT | +0.224% | +0.0180% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Lighter PONS | +0.266% | +0.0736% | 1h | $1.7M | $827K | 3x | as long as short |
| BloFin PONS-USDT | +0.292% | +0.0594% | 4h | $1.7M | $961K | 20x | as long as short |
| Phoenix PONS | +0.492% | +0.1528% | 1h | $24K | $61K | 3x | as long as short |