After costs, if the gap returns to its 7d average, $10k−$152
spread now−0.038%7d average−0.018%fees + slippage, in and out−$150spread needed1.503%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PONSUSDT | 0.6228 | 0.0529 | pay 0.0265% / 4h | 1m 28s | $41.4M | $92.7M | 20x |
| Short | SoDEX PONS-USD | 0.6226 | 0.0100 | get 0.0013% / 1h | 1m 28s | $28K | $464K | 3x |
Binance PONSUSDT
SoDEX 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
- −$3.77
- Funding while held
- −$12.88
- Slippage, 4 orders
- −$132.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$166.92
- Spread needed to break even
- 1.503%
Slippage from Binance: live order book, 13 min ago; SoDEX: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0429%
- Per $10,000 a day
- −$12.88
- 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 Binance live order book, 13 min ago | 0.80 bp | 11.7 bp −$12 | 41.8 bp −$418 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 49 min ago | 1.58 bp | 65.4 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
BingX0.6212+8.261%Aster0.6217+8.357%Phemex0.6223+8.452%Aevo0.6224+8.474%Gate0.6225+8.487%
Injective
BingX
Aster
Phemex
Aevo
GateSoDEX0.6226+8.496%
gTrade (Gains Network)0.6226+8.499%Nado0.6226+8.505%SunX0.6226+8.510%Pacifica0.6227+8.520%OKX0.6227+8.522%
gTrade (Gains Network)
Nado
SunX
Pacifica
OKXBinance0.6228+8.537%
Bitget0.6228+8.543%ApeX Omni0.6228+8.543%Bybit0.6229+8.557%Polymarket Perps0.6229+8.559%Extended0.6229+8.560%Orderly0.6230+8.567%Popdex0.6230+8.574%KuCoin0.6230+8.574%Lighter RH0.6231+8.587%BloFin0.6231+8.592%Hyperliquid0.6232+8.604%Lighter0.6232+8.614%MEXC0.6233+8.627%Phoenix0.6233+8.632%edgeX0.6237+8.691%HTX0.6244+8.820%Variational Omni0.6251+8.944%
Bitget
ApeX Omni
Bybit
Polymarket Perps
Extended
Orderly
Popdex
KuCoin
Lighter RH
BloFin
Hyperliquid
Lighter
MEXC
Phoenix
HTX
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 | −7.865% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| BingX PONS-USDT | −0.254% | +0.0586% | 4h | — | $3.1M | — | as long as short |
| Aster PONSUSDT | −0.166% | +0.0172% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Phemex PONSUSDT | −0.078% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | −0.058% | +0.0216% | 1h | $388 | — | 3x | as long as short |
| Gate PONS_USDT | −0.046% | −0.0338% | 4h | $5.6M | $7.4M | 20x | as long as short |
| SoDEX PONS-USDshort | −0.038% | +0.0100% | 1h | $28K | $464K | 3x | |
| gTrade (Gains Network) PONS/USD | −0.035% | L +0.0032% / S −0.0031% | 1h | $224K | — | 150x | as long as short |
| Nado PONS-PERP | −0.029% | +0.0581% | 1h | $113K | $68K | 5x | as long as short |
| SunX PONS-USDT | −0.025% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica PONS | −0.016% | +0.0472% | 1h | $50K | $126K | 3x | as long as short |
| OKX PONS-USDT-SWAP | −0.014% | +0.0135% | 4h | $14.4M | $54.9M | 20x | as long as short |
| Binance PONSUSDTlong | 0.000% | +0.0529% | 4h | $41.4M | $92.7M | 20x | |
| Bitget PONSUSDT | +0.006% | +0.0352% | 4h | $4.8M | $10.7M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.006% | +0.0100% | 1h | $39K | $313K | 5x | as long as short |
| Bybit PONSUSDT | +0.019% | +0.0607% | 4h | $19.9M | $27.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.020% | +0.0548% | 1h | $63K | $1.8M | 3x | as long as short |
| Extended PONS-USD | +0.021% | +0.0528% | 1h | $93K | $533K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.028% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Popdex PONSUSDT | +0.035% | +0.0096% | 1h | $19K | $455K | 20x | as long as short |
| KuCoin PONSUSDTM | +0.035% | +0.0286% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Lighter RH PONS | +0.046% | +0.0480% | 1h | $427K | $2.3M | 3x | as long as short |
| BloFin PONS-USDT | +0.051% | +0.0776% | 4h | $1.9M | $922K | 20x | as long as short |
| Hyperliquid PONS | +0.062% | +0.1005% | 1h | $63.3M | $26.6M | 3x | as long as short |
| Lighter PONS | +0.072% | +0.1184% | 1h | $1.8M | $778K | 3x | as long as short |
| MEXC PONS_USDT | +0.083% | +0.0530% | 4h | $7.8M | $5.1M | 20x | as long as short |
| Phoenix PONS | +0.088% | +0.1489% | 1h | $25K | $51K | 3x | as long as short |
| edgeX PONSUSDC | +0.142% | +0.0570% | 4h | $21K | $291K | 10x | as long as short |
| HTX PONS-USDT | +0.261% | +0.0100% | 4h | $66K | $490K | 20x | as long as short |
| Variational Omni PONS | +0.375% | +0.0519% | 4h | $1.7M | $3.4M | — | as long as short |