PONS

Alert

After costs, if the gap returns to its 7d average, $10k−$281

spread now+0.024%7d average+0.001%fees + slippage, in and out−$284spread needed2.837%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PONSUSDT	0.6223	0.0396	pay 0.0198% / 4h	10m 56s	$4.8M	$10.7M	20x
Short	SunX PONS-USDT	0.6224	0.0100	get 0.0050% / 4h	10m 56s	—	$1.4M	10x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee BitgetbpFee SunXbpOrdersClose when spread is

Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 10 min ago.

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	1.85 bp	15.1 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	104.59 bp	125.8 bp −$126	doesn't fit	doesn't fit	doesn't fit

against the cheapest. Click to use as the short leg.

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective PONS/USDC PERP	−7.794%	+0.0033%	1h	$590	$15K	5.5x	as long as short
Variational Omni PONS	−0.322%	+0.0540%	4h	$1.7M	$3.5M	—	as long as short
edgeX PONSUSDC	−0.170%	+0.0545%	4h	$21K	$288K	10x	as long as short
ApeX Omni PONSUSDT	−0.156%	+0.0100%	1h	$39K	$318K	5x	as long as short
BingX PONS-USDT	−0.145%	+0.0626%	4h	—	$3.1M	—	as long as short
gTrade (Gains Network) PONS/USD	−0.134%	L +0.0032% / S −0.0031%	1h	$224K	—	150x	as long as short
BloFin PONS-USDT	−0.129%	+0.0783%	4h	$1.9M	$910K	20x	as long as short
Aster PONSUSDT	−0.128%	+0.0218%	4h	$1.1M	$2.2M	20x	as long as short
Phemex PONSUSDT	−0.096%	+0.0100%	4h	$1.7M	$3.3M	20x	as long as short
Phoenix PONS	−0.084%	+0.1489%	1h	$25K	$51K	3x	as long as short

Show all 30 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
SoDEX PONS-USD	−0.080%	+0.0100%	1h	$28K	$467K	3x	as long as short
Pacifica PONS	−0.067%	+0.0472%	1h	$50K	$166K	3x	as long as short
Hyperliquid PONS	−0.056%	+0.1053%	1h	$63.2M	$26.7M	3x	as long as short
Aevo PONS-PERP	−0.056%	+0.0216%	1h	$387	—	3x	as long as short
Extended PONS-USD	−0.039%	+0.0544%	1h	$93K	$533K	5x	as long as short
MEXC PONS_USDT	−0.032%	+0.0542%	4h	$7.9M	$5.1M	20x	as long as short
KuCoin PONSUSDTM	−0.026%	+0.0322%	4h	$1.8M	$3.1M	20x	as long as short
Lighter RH PONS	−0.003%	+0.0384%	1h	$434K	$2.2M	3x	as long as short
Popdex PONSUSDT	0.000%	+0.0096%	1h	$19K	$456K	20x	as long as short
Gate PONS_USDT	0.000%	−0.0104%	4h	$5.5M	$7.3M	20x	as long as short
Bitget PONSUSDTlong	0.000%	+0.0396%	4h	$4.8M	$10.7M	20x
HTX PONS-USDT	+0.013%	+0.0100%	4h	$66K	$496K	20x	as long as short
Lighter PONS	+0.014%	+0.1088%	1h	$1.8M	$772K	3x	as long as short
Nado PONS-PERP	+0.024%	+0.0619%	1h	$113K	$67K	5x	as long as short
SunX PONS-USDTshort	+0.024%	+0.0100%	4h	—	$1.4M	10x
Binance PONSUSDT	+0.030%	+0.0543%	4h	$41.4M	$92.5M	20x	as long as short
OKX PONS-USDT-SWAP	+0.032%	+0.0144%	4h	$14.5M	$54.8M	20x	as long as short
Orderly PERP_PONS_USDC_mythos	+0.053%	+0.0100%	4h	$2K	$2K	10x	as long as short
Polymarket Perps PONS-USD	+0.087%	+0.0556%	1h	$67K	$1.8M	3x	as long as short
Bybit PONSUSDT	+0.096%	+0.0643%	4h	$19.9M	$27.1M	20x	as long as short