Spread before costs (cost unknown: a leg has no order-book sample)−0.449%
7d average−0.105%if it closes, per $10,000$45funding while held, a day+$0.77
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PONSUSDT | 0.5917 | 0.0100 | pay 0.0013% / 1h | 31m 25s | $30K | $321K | 5x |
| Short | Variational Omni PONS | 0.5891 | 0.0126 | get 0.0063% / 4h | 2h 31m | $1.2M | $3.9M | — |
ApeX Omni PONSUSDT
Variational Omni PONSPrice 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
- −$44.88
- Funding while held
- $0.77
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$54.11
- Spread needed to break even
- 0.100%
Slippage unknown: ApeX Omni: live order book, 7 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0026%
- Per $10,000 a day
- +$0.77
- 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, 7 min ago | 24.14 bp | 33.1 bp −$33 | 122.8 bp −$1,228 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.22 bp | doesn't fit | 39.7 bp −$397 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestKuCoin0.5879+2.450%SoDEX0.5880+2.468%Extended0.5880+2.470%Pacifica0.5880+2.483%Nado0.5881+2.492%Lighter RH0.5882+2.508%Gate0.5882+2.510%BingX0.5883+2.527%Aster0.5884+2.543%Aevo0.5884+2.552%Hyperliquid0.5885+2.553%Polymarket Perps0.5885+2.555%gTrade (Gains Network)0.5885+2.561%Bybit0.5885+2.562%OKX0.5885+2.562%Popdex0.5885+2.562%Lighter0.5886+2.579%Orderly0.5886+2.586%Binance0.5887+2.597%MEXC0.5887+2.597%Bitget0.5888+2.621%SunX0.5888+2.623%Phemex0.5889+2.632%
Injective
KuCoin
SoDEX
Extended
Pacifica
Nado
Lighter RH
Gate
BingX
Aster
Aevo
Hyperliquid
Polymarket Perps
gTrade (Gains Network)
Bybit
OKX
Popdex
Lighter
Orderly
Binance
MEXC
Bitget
SunX
PhemexVariational Omni0.5891+2.665%
HTX0.5895+2.734%edgeX0.5897+2.771%BloFin0.5902+2.858%
HTX
BloFinApeX Omni0.5917+3.128%
Phoenix0.5924+3.233%
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 | −3.033% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| KuCoin PONSUSDTM | −0.657% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| SoDEX PONS-USD | −0.640% | +0.0100% | 1h | $26K | $509K | 3x | as long as short |
| Extended PONS-USD | −0.638% | +0.0328% | 1h | $88K | $539K | 5x | as long as short |
| Pacifica PONS | −0.625% | +0.0285% | 1h | $49K | $119K | 3x | as long as short |
| Nado PONS-PERP | −0.617% | +0.0120% | 1h | $73K | $94K | 5x | as long as short |
| Lighter RH PONS | −0.602% | +0.0096% | 1h | $407K | $2.3M | 3x | as long as short |
| Gate PONS_USDT | −0.600% | +0.0100% | 4h | $5.2M | $7.7M | 20x | as long as short |
| BingX PONS-USDT | −0.583% | +0.0356% | 4h | — | $3.2M | — | as long as short |
| Aster PONSUSDT | −0.568% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | −0.559% | +0.0160% | 1h | $367 | — | 3x | as long as short |
| Hyperliquid PONS | −0.558% | +0.0192% | 1h | $58.8M | $29.1M | 3x | as long as short |
| Polymarket Perps PONS-USD | −0.556% | +0.0341% | 1h | $47K | $1.8M | 3x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.550% | L +0.0032% / S −0.0032% | 1h | $214K | — | 150x | as long as short |
| Bybit PONSUSDT | −0.549% | +0.0100% | 4h | $17.7M | $30.2M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.549% | +0.0137% | 4h | $13.2M | $55.4M | 20x | as long as short |
| Popdex PONSUSDT | −0.549% | +0.0096% | 1h | $18K | $493K | 20x | as long as short |
| Lighter PONS | −0.532% | +0.0536% | 1h | $1.7M | $855K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.526% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Binance PONSUSDT | −0.515% | +0.0325% | 4h | $38.3M | $97.9M | 20x | as long as short |
| MEXC PONS_USDT | −0.515% | +0.0326% | 4h | $7.4M | $5.2M | 20x | as long as short |
| Bitget PONSUSDT | −0.492% | +0.0166% | 4h | $4.5M | $11.3M | 20x | as long as short |
| SunX PONS-USDT | −0.490% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Phemex PONSUSDT | −0.482% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Variational Omni PONSshort | −0.449% | +0.0126% | 4h | $1.2M | $3.9M | — | |
| HTX PONS-USDT | −0.382% | +0.0100% | 4h | $62K | $496K | 20x | as long as short |
| edgeX PONSUSDC | −0.346% | +0.0347% | 4h | $21K | $293K | 10x | as long as short |
| BloFin PONS-USDT | −0.262% | +0.0566% | 4h | $1.7M | $968K | 20x | as long as short |
| ApeX Omni PONSUSDTlong | 0.000% | +0.0100% | 1h | $30K | $321K | 5x | |
| Phoenix PONS | +0.101% | +0.1523% | 1h | $24K | $61K | 3x | as long as short |