After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.399%7d average−0.030%fees + slippage, in and out−$59spread needed0.588%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PONS-USDT | 0.6207 | 0.0634 | pay 0.0317% / 4h | 18m 27s | — | $3.1M | — |
| Short | Pacifica PONS | 0.6232 | 0.0472 | get 0.0059% / 1h | 18m 27s | $50K | $166K | 3x |
BingX PONS-USDT
Pacifica PONSPrice 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
- $39.86
- Funding while held
- −$4.87
- Slippage, 4 orders
- −$40.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$23.85
- Spread needed to break even
- 0.588%
Slippage from BingX: live order book, 7 min ago; Pacifica: live order book, 31 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0162%
- Per $10,000 a day
- −$4.87
- 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 BingX live order book, 7 min ago | 2.43 bp | 11.1 bp −$11 | 29.9 bp −$299 | 384.5 bp −$38.5K | doesn't fit |
| Sell Pacifica live order book, 31 min ago | 8.16 bp | 14.1 bp −$14 | 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
InjectiveBingX0.6207+8.174%
Variational Omni0.6211+8.243%Phoenix0.6211+8.249%edgeX0.6217+8.341%ApeX Omni0.6220+8.393%gTrade (Gains Network)0.6220+8.394%Binance0.6221+8.420%OKX0.6223+8.452%Bitget0.6223+8.456%Nado0.6228+8.536%Aster0.6228+8.537%MEXC0.6228+8.540%Extended0.6228+8.541%Hyperliquid0.6229+8.557%Bybit0.6230+8.574%KuCoin0.6230+8.581%Polymarket Perps0.6231+8.590%Popdex0.6231+8.592%
Variational Omni
Phoenix
ApeX Omni
gTrade (Gains Network)
Binance
OKX
Bitget
Nado
Aster
MEXC
Extended
Hyperliquid
Bybit
KuCoin
Polymarket Perps
PopdexPacifica0.6232+8.605%
Gate0.6232+8.609%Phemex0.6233+8.627%SunX0.6236+8.670%BloFin0.6236+8.679%Lighter RH0.6239+8.724%Orderly0.6240+8.742%SoDEX0.6240+8.757%HTX0.6242+8.778%Lighter0.6243+8.799%Aevo0.6244+8.818%
Gate
Phemex
SunX
BloFin
Lighter RH
Orderly
SoDEX
HTX
Lighter
AevoPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −7.556% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| BingX PONS-USDTlong | 0.000% | +0.0634% | 4h | — | $3.1M | — | |
| Variational Omni PONS | +0.064% | +0.0558% | 4h | $1.7M | $3.5M | — | as long as short |
| Phoenix PONS | +0.069% | +0.1489% | 1h | $25K | $51K | 3x | as long as short |
| edgeX PONSUSDC | +0.154% | +0.0560% | 4h | $21K | $289K | 10x | as long as short |
| ApeX Omni PONSUSDT | +0.203% | +0.0100% | 1h | $39K | $318K | 5x | as long as short |
| gTrade (Gains Network) PONS/USD | +0.204% | L +0.0032% / S −0.0031% | 1h | $224K | — | 150x | as long as short |
| Binance PONSUSDT | +0.228% | +0.0559% | 4h | $41.4M | $93.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.258% | +0.0148% | 4h | $14.4M | $54.9M | 20x | as long as short |
| Bitget PONSUSDT | +0.261% | +0.0418% | 4h | $4.8M | $10.8M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PONS-PERP | +0.335% | +0.0652% | 1h | $113K | $67K | 5x | as long as short |
| Aster PONSUSDT | +0.336% | +0.0223% | 4h | $1.1M | $2.2M | 20x | as long as short |
| MEXC PONS_USDT | +0.338% | +0.0550% | 4h | $7.9M | $5.1M | 20x | as long as short |
| Extended PONS-USD | +0.340% | +0.0552% | 1h | $93K | $533K | 5x | as long as short |
| Hyperliquid PONS | +0.354% | +0.1068% | 1h | $63.3M | $26.6M | 3x | as long as short |
| Bybit PONSUSDT | +0.371% | +0.0663% | 4h | $19.9M | $27.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.377% | +0.0350% | 4h | $1.8M | $3.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.385% | +0.0536% | 1h | $67K | $1.8M | 3x | as long as short |
| Popdex PONSUSDT | +0.387% | +0.0096% | 1h | $19K | $463K | 20x | as long as short |
| Pacifica PONSshort | +0.399% | +0.0472% | 1h | $50K | $166K | 3x | |
| Gate PONS_USDT | +0.403% | +0.0074% | 4h | $5.5M | $7.3M | 20x | as long as short |
| Phemex PONSUSDT | +0.419% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| SunX PONS-USDT | +0.459% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| BloFin PONS-USDT | +0.467% | +0.0790% | 4h | $1.9M | $913K | 20x | as long as short |
| Lighter RH PONS | +0.509% | +0.0392% | 1h | $434K | $2.2M | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.525% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| SoDEX PONS-USD | +0.540% | +0.0100% | 1h | $28K | $472K | 3x | as long as short |
| HTX PONS-USDT | +0.559% | +0.0100% | 4h | $66K | $496K | 20x | as long as short |
| Lighter PONS | +0.578% | +0.1048% | 1h | $1.8M | $772K | 3x | as long as short |
| Aevo PONS-PERP | +0.596% | +0.0216% | 1h | $389 | — | 3x | as long as short |