After costs, if the gap returns to its 7d average, $10k−$155
spread now−0.003%7d average−0.111%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 | 0.6228 | 0.0100 | pay 0.0013% / 1h | 1h 00m | $39K | $313K | 5x |
| Short | Phemex PONSUSDT | 0.6228 | 0.0100 | get 0.0050% / 4h | 4h 00m | $1.7M | $3.3M | 20x |
ApeX Omni PONSUSDT
Phemex 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
- −$0.32
- Funding while held
- $0
- Slippage, 4 orders
- −$143.96
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$166.28
- Spread needed to break even
- 1.660%
Slippage from ApeX Omni: live order book, 49 min ago; Phemex: live order book, 5 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, 49 min ago | 10.53 bp | 18.2 bp −$18 | 113.4 bp −$1,134 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 2.41 bp | 45.4 bp −$45 | 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
BingX0.6217+8.348%KuCoin0.6222+8.435%Extended0.6223+8.446%OKX0.6223+8.452%gTrade (Gains Network)0.6224+8.467%Bybit0.6224+8.470%Bitget0.6225+8.480%Variational Omni0.6226+8.497%MEXC0.6226+8.505%Binance0.6227+8.522%Gate0.6227+8.522%Hyperliquid0.6228+8.531%SoDEX0.6228+8.531%
Injective
BingX
KuCoin
Extended
OKX
gTrade (Gains Network)
Bybit
Bitget
Variational Omni
MEXC
Binance
Gate
Hyperliquid
SoDEXPhemex0.6228+8.540%
ApeX Omni0.6228+8.543%
Lighter RH0.6229+8.557%Aevo0.6229+8.557%BloFin0.6231+8.592%Aster0.6231+8.594%Orderly0.6233+8.623%Lighter0.6233+8.627%Phoenix0.6233+8.632%SunX0.6234+8.644%edgeX0.6237+8.691%HTX0.6240+8.752%Popdex0.6241+8.766%Pacifica0.6241+8.770%Polymarket Perps0.6241+8.775%Nado0.6246+8.853%
Lighter RH
Aevo
BloFin
Aster
Orderly
Lighter
Phoenix
SunX
HTX
Popdex
Pacifica
Polymarket Perps
NadoPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −7.871% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| BingX PONS-USDT | −0.180% | +0.0586% | 4h | — | $3.1M | — | as long as short |
| KuCoin PONSUSDTM | −0.100% | +0.0290% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Extended PONS-USD | −0.090% | +0.0528% | 1h | $93K | $533K | 5x | as long as short |
| OKX PONS-USDT-SWAP | −0.083% | +0.0135% | 4h | $14.4M | $54.8M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.070% | L +0.0032% / S −0.0031% | 1h | $224K | — | 150x | as long as short |
| Bybit PONSUSDT | −0.067% | +0.0610% | 4h | $19.9M | $27.2M | 20x | as long as short |
| Bitget PONSUSDT | −0.058% | +0.0350% | 4h | $4.8M | $10.7M | 20x | as long as short |
| Variational Omni PONS | −0.043% | +0.0511% | 4h | $1.7M | $3.4M | — | as long as short |
| MEXC PONS_USDT | −0.035% | +0.0528% | 4h | $7.8M | $5.1M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance PONSUSDT | −0.019% | +0.0529% | 4h | $41.4M | $92.7M | 20x | as long as short |
| Gate PONS_USDT | −0.019% | −0.0338% | 4h | $5.6M | $7.4M | 20x | as long as short |
| Hyperliquid PONS | −0.011% | +0.0994% | 1h | $63.3M | $26.6M | 3x | as long as short |
| SoDEX PONS-USD | −0.011% | +0.0100% | 1h | $28K | $464K | 3x | as long as short |
| Phemex PONSUSDTshort | −0.003% | +0.0100% | 4h | $1.7M | $3.3M | 20x | |
| ApeX Omni PONSUSDTlong | 0.000% | +0.0100% | 1h | $39K | $313K | 5x | |
| Lighter RH PONS | +0.013% | +0.0472% | 1h | $430K | $2.3M | 3x | as long as short |
| Aevo PONS-PERP | +0.013% | +0.0216% | 1h | $388 | — | 3x | as long as short |
| BloFin PONS-USDT | +0.045% | +0.0769% | 4h | $1.9M | $921K | 20x | as long as short |
| Aster PONSUSDT | +0.047% | +0.0173% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.074% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Lighter PONS | +0.077% | +0.1168% | 1h | $1.8M | $779K | 3x | as long as short |
| Phoenix PONS | +0.082% | +0.1489% | 1h | $25K | $51K | 3x | as long as short |
| SunX PONS-USDT | +0.093% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| edgeX PONSUSDC | +0.136% | +0.0570% | 4h | $21K | $291K | 10x | as long as short |
| HTX PONS-USDT | +0.193% | +0.0100% | 4h | $66K | $490K | 20x | as long as short |
| Popdex PONSUSDT | +0.206% | +0.0096% | 1h | $19K | $455K | 20x | as long as short |
| Pacifica PONS | +0.209% | +0.0472% | 1h | $50K | $126K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.214% | +0.0552% | 1h | $64K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | +0.286% | +0.0577% | 1h | $113K | $68K | 5x | as long as short |