After costs, if the gap returns to its 7d average, $10k−$43
spread now+0.155%7d average+0.098%fees + slippage, in and out−$48spread needed0.484%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PONSUSDT | 0.6106 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $1.1M | $2.1M | 20x |
| Short | BloFin PONS-USDT | 0.6115 | 0.0710 | get 0.0355% / 4h | 3h 25m | $1.8M | $941K | 20x |
Aster PONSUSDT
BloFin 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
- $15.49
- Funding while held
- $18.29
- Slippage, 4 orders
- −$28.42
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.64
- Spread needed to break even
- 0.484%
Slippage from Aster: live order book, 5 min ago; BloFin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0610%
- Per $10,000 a day
- +$18.29
- 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 | 4.06 bp | 10.0 bp −$10 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.44 bp | 14.0 bp −$14 | 26.8 bp −$268 | 84.5 bp −$8,451 | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
OKX0.6096+6.239%Bybit0.6099+6.291%Bitget0.6099+6.298%BingX0.6100+6.309%Binance0.6101+6.321%KuCoin0.6105+6.398%
Injective
OKX
Bybit
Bitget
BingX
Binance
KuCoinAster0.6106+6.405%
Hyperliquid0.6107+6.431%Aevo0.6108+6.442%gTrade (Gains Network)0.6108+6.452%Pacifica0.6110+6.479%Polymarket Perps0.6111+6.499%MEXC0.6111+6.501%Extended0.6111+6.502%SunX0.6111+6.509%Gate0.6112+6.518%Lighter RH0.6112+6.520%SoDEX0.6112+6.523%Popdex0.6113+6.535%Nado0.6113+6.541%Phemex0.6114+6.553%
Hyperliquid
Aevo
gTrade (Gains Network)
Pacifica
Polymarket Perps
MEXC
Extended
SunX
Gate
Lighter RH
SoDEX
Popdex
Nado
PhemexBloFin0.6115+6.570%
Lighter0.6117+6.596%HTX0.6120+6.654%Orderly0.6120+6.659%Variational Omni0.6121+6.668%edgeX0.6144+7.069%ApeX Omni0.6150+7.182%Phoenix0.6165+7.445%
Lighter
HTX
Orderly
Variational Omni
ApeX Omni
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 | −6.020% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| OKX PONS-USDT-SWAP | −0.156% | +0.0138% | 4h | $14.1M | $53.9M | 20x | as long as short |
| Bybit PONSUSDT | −0.107% | +0.0449% | 4h | $18.8M | $28.0M | 20x | as long as short |
| Bitget PONSUSDT | −0.101% | +0.0250% | 4h | $4.7M | $10.9M | 20x | as long as short |
| BingX PONS-USDT | −0.091% | +0.0592% | 4h | — | $3.1M | — | as long as short |
| Binance PONSUSDT | −0.079% | +0.0470% | 4h | $40.4M | $93.9M | 20x | as long as short |
| KuCoin PONSUSDTM | −0.007% | +0.0242% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Aster PONSUSDTlong | 0.000% | +0.0100% | 4h | $1.1M | $2.1M | 20x | |
| Hyperliquid PONS | +0.024% | +0.0513% | 1h | $61.4M | $27.3M | 3x | as long as short |
| Aevo PONS-PERP | +0.035% | +0.0200% | 1h | $381 | — | 3x | 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 | +0.044% | L +0.0032% / S −0.0031% | 1h | $220K | — | 150x | as long as short |
| Pacifica PONS | +0.069% | +0.0616% | 1h | $50K | $123K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.088% | +0.0593% | 1h | $60K | $1.8M | 3x | as long as short |
| MEXC PONS_USDT | +0.089% | +0.0480% | 4h | $7.5M | $5.1M | 20x | as long as short |
| Extended PONS-USD | +0.091% | +0.0472% | 1h | $92K | $542K | 5x | as long as short |
| SunX PONS-USDT | +0.098% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Gate PONS_USDT | +0.106% | −0.0392% | 4h | $5.5M | $7.4M | 20x | as long as short |
| Lighter RH PONS | +0.107% | +0.0824% | 1h | $425K | $2.3M | 3x | as long as short |
| SoDEX PONS-USD | +0.111% | +0.0100% | 1h | $27K | $461K | 3x | as long as short |
| Popdex PONSUSDT | +0.122% | +0.0096% | 1h | $19K | $473K | 20x | as long as short |
| Nado PONS-PERP | +0.127% | +0.0328% | 1h | $110K | $68K | 5x | as long as short |
| Phemex PONSUSDT | +0.138% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| BloFin PONS-USDTshort | +0.155% | +0.0710% | 4h | $1.8M | $941K | 20x | |
| Lighter PONS | +0.179% | +0.1424% | 1h | $1.8M | $783K | 3x | as long as short |
| HTX PONS-USDT | +0.233% | +0.0100% | 4h | $65K | $491K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.238% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Variational Omni PONS | +0.246% | +0.0418% | 4h | $1.3M | $3.8M | — | as long as short |
| edgeX PONSUSDC | +0.624% | +0.0480% | 4h | $21K | $291K | 10x | as long as short |
| ApeX Omni PONSUSDT | +0.730% | +0.0100% | 1h | $38K | $318K | 5x | as long as short |
| Phoenix PONS | +0.977% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |