After costs, if the gap returns to its 7d average, $10k−$78
spread now−0.041%7d average+0.025%fees + slippage, in and out−$71spread needed0.713%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PONSUSDT | 0.5912 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $1.1M | $2.1M | 20x |
| Short | Extended PONS-USD | 0.5909 | 0.0344 | get 0.0043% / 1h | 38m 04s | $88K | $543K | 5x |
Aster PONSUSDT
Extended PONS-USDPrice 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
- −$4.13
- Funding while held
- $7.32
- Slippage, 4 orders
- −$58.35
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$68.16
- Spread needed to break even
- 0.713%
Slippage from Aster: live order book, 2 min ago; Extended: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0244%
- Per $10,000 a day
- +$7.32
- 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, 2 min ago | 1.44 bp | 8.0 bp −$8 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 11.09 bp | 24.9 bp −$25 | 161.3 bp −$1,613 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestSoDEX0.5899+2.799%gTrade (Gains Network)0.5900+2.824%Lighter RH0.5901+2.839%Gate0.5903+2.876%Phemex0.5903+2.876%Aevo0.5903+2.877%BingX0.5904+2.893%Lighter0.5904+2.900%KuCoin0.5906+2.919%Orderly0.5906+2.930%Binance0.5906+2.933%Hyperliquid0.5908+2.961%Nado0.5908+2.968%
Injective
SoDEX
gTrade (Gains Network)
Lighter RH
Gate
Phemex
Aevo
BingX
Lighter
KuCoin
Orderly
Binance
Hyperliquid
NadoExtended0.5909+2.982%
MEXC0.5911+3.015%
MEXCAster0.5912+3.025%
Bybit0.5913+3.050%Pacifica0.5913+3.055%Polymarket Perps0.5913+3.055%SunX0.5914+3.064%Popdex0.5914+3.067%Bitget0.5914+3.074%OKX0.5915+3.085%BloFin0.5918+3.137%HTX0.5923+3.217%ApeX Omni0.5926+3.273%edgeX0.5936+3.447%Variational Omni0.5936+3.456%Phoenix0.5948+3.660%
Bybit
Pacifica
Polymarket Perps
SunX
Popdex
Bitget
OKX
BloFin
HTX
ApeX Omni
Variational 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 | −2.936% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| SoDEX PONS-USD | −0.219% | +0.0100% | 1h | $26K | $507K | 3x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.195% | L +0.0032% / S −0.0032% | 1h | $214K | — | 150x | as long as short |
| Lighter RH PONS | −0.180% | +0.0168% | 1h | $406K | $2.3M | 3x | as long as short |
| Gate PONS_USDT | −0.145% | +0.0100% | 4h | $5.3M | $7.7M | 20x | as long as short |
| Phemex PONSUSDT | −0.145% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | −0.144% | +0.0168% | 1h | $368 | — | 3x | as long as short |
| BingX PONS-USDT | −0.128% | +0.0374% | 4h | — | $3.2M | — | as long as short |
| Lighter PONS | −0.121% | +0.0576% | 1h | $1.7M | $853K | 3x | as long as short |
| KuCoin PONSUSDTM | −0.103% | +0.0106% | 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 | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_PONS_USDC_mythos | −0.092% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Binance PONSUSDT | −0.089% | +0.0346% | 4h | $38.5M | $97.9M | 20x | as long as short |
| Hyperliquid PONS | −0.062% | +0.0239% | 1h | $59.0M | $29.0M | 3x | as long as short |
| Nado PONS-PERP | −0.055% | +0.0212% | 1h | $112K | $72K | 5x | as long as short |
| Extended PONS-USDshort | −0.041% | +0.0344% | 1h | $88K | $543K | 5x | |
| MEXC PONS_USDT | −0.010% | +0.0356% | 4h | $7.2M | $5.2M | 20x | as long as short |
| Aster PONSUSDTlong | 0.000% | +0.0100% | 4h | $1.1M | $2.1M | 20x | |
| Bybit PONSUSDT | +0.024% | +0.0128% | 4h | $17.7M | $30.0M | 20x | as long as short |
| Pacifica PONS | +0.029% | +0.0285% | 1h | $49K | $119K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.029% | +0.0318% | 1h | $48K | $1.8M | 3x | as long as short |
| SunX PONS-USDT | +0.038% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Popdex PONSUSDT | +0.041% | +0.0096% | 1h | $18K | $493K | 20x | as long as short |
| Bitget PONSUSDT | +0.048% | +0.0174% | 4h | $4.6M | $11.3M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.058% | +0.0140% | 4h | $13.2M | $55.7M | 20x | as long as short |
| BloFin PONS-USDT | +0.109% | +0.0596% | 4h | $1.7M | $971K | 20x | as long as short |
| HTX PONS-USDT | +0.187% | +0.0100% | 4h | $63K | $496K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.241% | +0.0100% | 1h | $30K | $321K | 5x | as long as short |
| edgeX PONSUSDC | +0.410% | +0.0395% | 4h | $21K | $291K | 10x | as long as short |
| Variational Omni PONS | +0.419% | +0.0143% | 4h | $1.2M | $3.9M | — | as long as short |
| Phoenix PONS | +0.616% | +0.1523% | 1h | $24K | $61K | 3x | as long as short |