After costs, if the gap returns to its 7d average, $10k−$70
spread now+0.547%7d average+0.164%fees + slippage, in and out−$109spread needed1.086%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PONSUSDT | 0.5807 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $1.1M | $2.1M | 20x |
| Short | ApeX Omni PONSUSDT | 0.5839 | 0.0100 | get 0.0013% / 1h | 40m 10s | $34K | $318K | 5x |
Aster PONSUSDT
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
- $54.67
- Funding while held
- $0
- Slippage, 4 orders
- −$90.62
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$53.95
- Spread needed to break even
- 1.086%
Slippage from Aster: live order book, 5 min ago; ApeX Omni: live order book, 59 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 Aster live order book, 5 min ago | 5.05 bp | 11.5 bp −$11 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 59 min ago | 24.14 bp | 52.3 bp −$52 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestBloFin0.5804+1.150%
Injective
BloFinAster0.5807+1.203%
Nado0.5811+1.272%Pacifica0.5812+1.286%Popdex0.5812+1.290%BingX0.5812+1.290%Polymarket Perps0.5813+1.307%Aevo0.5813+1.307%SunX0.5813+1.309%gTrade (Gains Network)0.5813+1.311%Variational Omni0.5813+1.312%Binance0.5814+1.325%Bybit0.5814+1.325%OKX0.5814+1.325%Phemex0.5814+1.325%KuCoin0.5816+1.351%Extended0.5817+1.382%Lighter RH0.5817+1.382%Hyperliquid0.5818+1.389%MEXC0.5818+1.394%Bitget0.5818+1.403%SoDEX0.5819+1.419%Gate0.5820+1.429%Orderly0.5821+1.441%Lighter0.5824+1.499%HTX0.5824+1.499%edgeX0.5835+1.683%
Nado
Pacifica
Popdex
BingX
Polymarket Perps
Aevo
SunX
gTrade (Gains Network)
Variational Omni
Binance
Bybit
OKX
Phemex
KuCoin
Extended
Lighter RH
Hyperliquid
MEXC
Bitget
SoDEX
Gate
Orderly
Lighter
HTXApeX Omni0.5839+1.757%
Phoenix0.5839+1.758%
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 | −1.189% | +0.0033% | 1h | $590 | $3K | 5.5x | as long as short |
| BloFin PONS-USDT | −0.053% | +0.0515% | 4h | $1.7M | $979K | 20x | as long as short |
| Aster PONSUSDTlong | 0.000% | +0.0100% | 4h | $1.1M | $2.1M | 20x | |
| Nado PONS-PERP | +0.068% | +0.0100% | 1h | $72K | $94K | 5x | as long as short |
| Pacifica PONS | +0.081% | +0.0157% | 1h | $46K | $119K | 3x | as long as short |
| Popdex PONSUSDT | +0.085% | +0.0096% | 1h | $20K | $512K | 20x | as long as short |
| BingX PONS-USDT | +0.085% | +0.0287% | 4h | — | $3.3M | — | as long as short |
| Polymarket Perps PONS-USD | +0.102% | +0.0426% | 1h | $72K | $1.8M | 3x | as long as short |
| Aevo PONS-PERP | +0.102% | +0.0152% | 1h | $362 | — | 3x | as long as short |
| SunX PONS-USDT | +0.104% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PONS/USD | +0.106% | L +0.0032% / S −0.0032% | 1h | $210K | — | 150x | as long as short |
| Variational Omni PONS | +0.107% | +0.0100% | 4h | $1.3M | $4.1M | — | as long as short |
| Binance PONSUSDT | +0.120% | +0.0266% | 4h | $37.5M | $99.6M | 20x | as long as short |
| Bybit PONSUSDT | +0.120% | +0.0100% | 4h | $16.9M | $31.2M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.120% | +0.0153% | 4h | $13.0M | $55.7M | 20x | as long as short |
| Phemex PONSUSDT | +0.120% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.145% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
| Extended PONS-USD | +0.176% | +0.0264% | 1h | $87K | $542K | 5x | as long as short |
| Lighter RH PONS | +0.176% | +0.0432% | 1h | $415K | $2.4M | 3x | as long as short |
| Hyperliquid PONS | +0.183% | +0.0100% | 1h | $57.9M | $29.9M | 3x | as long as short |
| MEXC PONS_USDT | +0.188% | +0.0274% | 4h | $7.0M | $5.3M | 20x | as long as short |
| Bitget PONSUSDT | +0.197% | +0.0130% | 4h | $4.5M | $11.6M | 20x | as long as short |
| SoDEX PONS-USD | +0.213% | +0.0100% | 1h | $26K | $533K | 3x | as long as short |
| Gate PONS_USDT | +0.223% | −0.0068% | 4h | $5.2M | $7.2M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.235% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |
| Lighter PONS | +0.292% | +0.0936% | 1h | $1.7M | $867K | 3x | as long as short |
| HTX PONS-USDT | +0.292% | +0.0100% | 4h | $61K | $499K | 20x | as long as short |
| edgeX PONSUSDC | +0.474% | +0.0288% | 4h | $20K | $291K | 10x | as long as short |
| ApeX Omni PONSUSDTshort | +0.547% | +0.0100% | 1h | $34K | $318K | 5x | |
| Phoenix PONS | +0.548% | +0.1299% | 1h | $24K | $70K | 3x | as long as short |