After costs, if the gap returns to its 7d average, $10k−$53
spread now0.000%7d average−0.052%fees + slippage, in and out−$58spread needed0.581%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PONSUSDT | 0.5938 | 0.0182 | pay 0.0091% / 4h | 2h 41m | $4.6M | $11.3M | 20x |
| Short | Aster PONSUSDT | 0.5938 | 0.0100 | get 0.0050% / 4h | 2h 41m | $1.1M | $2.1M | 20x |
Bitget PONSUSDT
Aster PONSUSDTPrice 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
- −$0.05
- Funding while held
- −$2.46
- Slippage, 4 orders
- −$38.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$60.6
- Spread needed to break even
- 0.581%
Slippage from Bitget: live order book, 4 min ago; Aster: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0082%
- Per $10,000 a day
- −$2.46
- 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 Bitget live order book, 4 min ago | 1.84 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 3.61 bp | 11.3 bp −$11 | 46.8 bp −$468 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestPhemex0.5931+3.364%gTrade (Gains Network)0.5932+3.379%Extended0.5934+3.416%Gate0.5934+3.416%Binance0.5935+3.433%BingX0.5935+3.433%Nado0.5935+3.436%Pacifica0.5935+3.437%Aevo0.5936+3.446%MEXC0.5937+3.468%SoDEX0.5937+3.468%Lighter0.5938+3.484%
Injective
Phemex
gTrade (Gains Network)
Extended
Gate
Binance
BingX
Nado
Pacifica
Aevo
MEXC
SoDEX
LighterAster0.5938+3.490%
Bitget0.5938+3.491%
Orderly0.5938+3.491%Lighter RH0.5939+3.499%Bybit0.5939+3.503%OKX0.5939+3.503%Polymarket Perps0.5939+3.506%SunX0.5940+3.517%Popdex0.5940+3.520%Hyperliquid0.5940+3.522%KuCoin0.5940+3.524%BloFin0.5946+3.625%HTX0.5946+3.627%Phoenix0.5948+3.660%Variational Omni0.5948+3.663%edgeX0.5961+3.888%ApeX Omni0.5967+3.994%
Orderly
Lighter RH
Bybit
OKX
Polymarket Perps
SunX
Popdex
Hyperliquid
KuCoin
BloFin
HTX
Phoenix
Variational Omni
ApeX 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 | −3.373% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| Phemex PONSUSDT | −0.123% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.108% | L +0.0032% / S −0.0032% | 1h | $215K | — | 150x | as long as short |
| Extended PONS-USD | −0.073% | +0.0376% | 1h | $89K | $543K | 5x | as long as short |
| Gate PONS_USDT | −0.072% | +0.0100% | 4h | $5.3M | $7.7M | 20x | as long as short |
| Binance PONSUSDT | −0.056% | +0.0362% | 4h | $38.7M | $97.7M | 20x | as long as short |
| BingX PONS-USDT | −0.056% | +0.0372% | 4h | — | $3.2M | — | as long as short |
| Nado PONS-PERP | −0.053% | +0.0260% | 1h | $113K | $72K | 5x | as long as short |
| Pacifica PONS | −0.052% | +0.0285% | 1h | $49K | $119K | 3x | as long as short |
| Aevo PONS-PERP | −0.043% | +0.0176% | 1h | $370 | — | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC PONS_USDT | −0.022% | +0.0374% | 4h | $7.3M | $5.2M | 20x | as long as short |
| SoDEX PONS-USD | −0.022% | +0.0100% | 1h | $26K | $505K | 3x | as long as short |
| Lighter PONS | −0.007% | +0.0696% | 1h | $1.7M | $853K | 3x | as long as short |
| Aster PONSUSDTshort | 0.000% | +0.0100% | 4h | $1.1M | $2.1M | 20x | |
| Bitget PONSUSDTlong | 0.000% | +0.0182% | 4h | $4.6M | $11.3M | 20x | |
| Orderly PERP_PONS_USDC_mythos | 0.000% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Lighter RH PONS | +0.008% | +0.0280% | 1h | $415K | $2.3M | 3x | as long as short |
| Bybit PONSUSDT | +0.012% | +0.0100% | 4h | $17.8M | $30.0M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.012% | +0.0146% | 4h | $13.3M | $55.8M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.015% | +0.0371% | 1h | $48K | $1.8M | 3x | as long as short |
| SunX PONS-USDT | +0.025% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Popdex PONSUSDT | +0.029% | +0.0096% | 1h | $18K | $493K | 20x | as long as short |
| Hyperliquid PONS | +0.030% | +0.0285% | 1h | $59.3M | $29.0M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.032% | +0.0120% | 4h | $1.7M | $3.3M | 20x | as long as short |
| BloFin PONS-USDT | +0.130% | +0.0615% | 4h | $1.7M | $975K | 20x | as long as short |
| HTX PONS-USDT | +0.131% | +0.0100% | 4h | $63K | $496K | 20x | as long as short |
| Phoenix PONS | +0.163% | +0.1523% | 1h | $24K | $61K | 3x | as long as short |
| Variational Omni PONS | +0.167% | +0.0192% | 4h | $1.2M | $3.9M | — | as long as short |
| edgeX PONSUSDC | +0.384% | +0.0398% | 4h | $21K | $293K | 10x | as long as short |
| ApeX Omni PONSUSDT | +0.487% | +0.0100% | 1h | $30K | $320K | 5x | as long as short |