After costs, if the gap returns to its 7d average, $10k−$4,627
spread now−0.244%7d average−0.105%fees + slippage, in and out−$4,613spread needed46.128%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PONSUSDT | 0.5979 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $1.1M | $2.1M | 20x |
| Short | gTrade (Gains Network) PONS/USD | 0.5964 | L +0.0032% / S −0.0031% | get 0.0004% / 1h | 19m 23s | $215K | — | 150x |
Aster PONSUSDT
gTrade (Gains Network) 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
- −$24.37
- Funding while held
- −$2.07
- Slippage, 4 orders
- −$4,592.77
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$4,639.21
- Spread needed to break even
- 46.128%
Slippage from Aster: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 26 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0069%
- Per $10,000 a day
- −$2.07
- 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 | 4.68 bp | 11.2 bp −$11 | 30.1 bp −$301 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 26 min ago | 130.01 bp | 2471.3 bp −$2,471 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestOKX0.5958+3.834%Bybit0.5964+3.939%Gate0.5964+3.939%BingX0.5964+3.939%Aevo0.5964+3.939%
Injective
OKX
Bybit
Gate
BingX
AevogTrade (Gains Network)0.5964+3.943%
Binance0.5965+3.961%KuCoin0.5966+3.967%MEXC0.5969+4.026%Bitget0.5970+4.038%Polymarket Perps0.5970+4.052%Nado0.5971+4.063%Hyperliquid0.5972+4.082%Lighter RH0.5972+4.083%Lighter0.5975+4.122%Pacifica0.5975+4.129%Extended0.5977+4.162%
Binance
KuCoin
MEXC
Bitget
Polymarket Perps
Nado
Hyperliquid
Lighter RH
Lighter
Pacifica
ExtendedAster0.5979+4.197%
Popdex0.5984+4.287%Phoenix0.5990+4.387%SoDEX0.5992+4.427%HTX0.5994+4.461%Orderly0.6003+4.624%Phemex0.6009+4.723%SunX0.6013+4.798%ApeX Omni0.6066+5.711%BloFin0.6066+5.716%edgeX0.6089+6.109%Variational Omni0.6090+6.130%
Popdex
Phoenix
SoDEX
HTX
Orderly
Phemex
SunX
ApeX Omni
BloFin
Variational OmniPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −4.028% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| OKX PONS-USDT-SWAP | −0.348% | +0.0137% | 4h | $13.4M | $54.0M | 20x | as long as short |
| Bybit PONSUSDT | −0.248% | +0.0169% | 4h | $18.3M | $29.0M | 20x | as long as short |
| Gate PONS_USDT | −0.248% | −0.0868% | 4h | $5.4M | $7.6M | 20x | as long as short |
| BingX PONS-USDT | −0.248% | +0.0434% | 4h | — | $3.2M | — | as long as short |
| Aevo PONS-PERP | −0.248% | +0.0192% | 1h | $372 | — | 3x | as long as short |
| gTrade (Gains Network) PONS/USDshort | −0.244% | L +0.0032% / S −0.0031% | 1h | $215K | — | 150x | |
| Binance PONSUSDT | −0.226% | +0.0429% | 4h | $39.3M | $96.1M | 20x | as long as short |
| KuCoin PONSUSDTM | −0.221% | +0.0198% | 4h | $1.7M | $3.1M | 20x | as long as short |
| MEXC PONS_USDT | −0.164% | +0.0428% | 4h | $7.2M | $5.2M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PONSUSDT | −0.152% | +0.0234% | 4h | $4.6M | $11.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | −0.139% | +0.0512% | 1h | $57K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | −0.128% | +0.0303% | 1h | $108K | $68K | 5x | as long as short |
| Hyperliquid PONS | −0.110% | +0.0451% | 1h | $59.8M | $27.9M | 3x | as long as short |
| Lighter RH PONS | −0.109% | +0.0744% | 1h | $415K | $2.3M | 3x | as long as short |
| Lighter PONS | −0.072% | +0.1336% | 1h | $1.7M | $788K | 3x | as long as short |
| Pacifica PONS | −0.065% | +0.0616% | 1h | $49K | $123K | 3x | as long as short |
| Extended PONS-USD | −0.033% | +0.0432% | 1h | $89K | $546K | 5x | as long as short |
| Aster PONSUSDTlong | 0.000% | +0.0100% | 4h | $1.1M | $2.1M | 20x | |
| Popdex PONSUSDT | +0.087% | +0.0096% | 1h | $18K | $484K | 20x | as long as short |
| Phoenix PONS | +0.182% | +0.1528% | 1h | $24K | $61K | 3x | as long as short |
| SoDEX PONS-USD | +0.221% | +0.0100% | 1h | $27K | $494K | 3x | as long as short |
| HTX PONS-USDT | +0.254% | +0.0100% | 4h | $63K | $495K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.410% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Phemex PONSUSDT | +0.505% | +0.0278% | 4h | $1.7M | $3.3M | 20x | as long as short |
| SunX PONS-USDT | +0.577% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| ApeX Omni PONSUSDT | +1.453% | +0.0100% | 1h | $38K | $317K | 5x | as long as short |
| BloFin PONS-USDT | +1.458% | +0.0681% | 4h | $1.8M | $954K | 20x | as long as short |
| edgeX PONSUSDC | +1.836% | +0.0465% | 4h | $21K | $292K | 10x | as long as short |
| Variational Omni PONS | +1.855% | +0.0403% | 4h | $1.3M | $3.7M | — | as long as short |