After costs, if the gap returns to its 7d average, $10k−$4,633
spread now−0.328%7d average−0.204%fees + slippage, in and out−$4,620spread needed46.201%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PONS-USDT | 0.5912 | 0.0594 | pay 0.0297% / 4h | 2h 57m | $1.7M | $961K | 20x |
| Short | gTrade (Gains Network) PONS/USD | 0.5893 | L +0.0032% / S −0.0031% | get 0.0004% / 1h | 57m 32s | $212K | — | 150x |
BloFin PONS-USDT
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
- −$32.85
- Funding while held
- −$16.88
- Slippage, 4 orders
- −$4,596.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$4,669.84
- Spread needed to break even
- 46.201%
Slippage from BloFin: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 48 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0563%
- Per $10,000 a day
- −$16.88
- 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 BloFin live order book, 2 min ago | 4.23 bp | 13.3 bp −$13 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 48 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.Injective0.5738cheapest
InjectivegTrade (Gains Network)0.5893+2.694%
MEXC0.5893+2.701%Gate0.5894+2.719%BingX0.5894+2.719%Binance0.5895+2.741%Nado0.5896+2.754%Bybit0.5896+2.754%OKX0.5896+2.754%KuCoin0.5896+2.755%Lighter RH0.5897+2.771%Pacifica0.5897+2.772%Hyperliquid0.5897+2.773%Popdex0.5898+2.788%ApeX Omni0.5898+2.795%Polymarket Perps0.5898+2.795%Bitget0.5899+2.799%Extended0.5899+2.811%Lighter0.5900+2.823%Aster0.5901+2.836%edgeX0.5902+2.852%Variational Omni0.5903+2.873%SoDEX0.5904+2.890%SunX0.5904+2.891%Phemex0.5904+2.893%Phoenix0.5905+2.912%Aevo0.5905+2.918%Orderly0.5909+2.980%
MEXC
Gate
BingX
Binance
Nado
Bybit
OKX
KuCoin
Lighter RH
Pacifica
Hyperliquid
Popdex
ApeX Omni
Polymarket Perps
Bitget
Extended
Lighter
Aster
Variational Omni
SoDEX
SunX
Phemex
Phoenix
Aevo
OrderlyBloFin0.5912+3.032%
HTX0.5912+3.038%
HTXPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −2.943% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USDshort | −0.328% | L +0.0032% / S −0.0031% | 1h | $212K | — | 150x | |
| MEXC PONS_USDT | −0.321% | +0.0346% | 4h | $7.0M | $5.1M | 20x | as long as short |
| Gate PONS_USDT | −0.304% | +0.0032% | 4h | $5.3M | $7.6M | 20x | as long as short |
| BingX PONS-USDT | −0.304% | +0.0382% | 4h | — | $3.2M | — | as long as short |
| Binance PONSUSDT | −0.283% | +0.0351% | 4h | $38.3M | $97.5M | 20x | as long as short |
| Nado PONS-PERP | −0.271% | +0.0269% | 1h | $112K | $71K | 5x | as long as short |
| Bybit PONSUSDT | −0.271% | +0.0195% | 4h | $17.8M | $29.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.271% | +0.0138% | 4h | $13.0M | $54.7M | 20x | as long as short |
| KuCoin PONSUSDTM | −0.269% | +0.0176% | 4h | $1.7M | $3.3M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH PONS | −0.254% | +0.0272% | 1h | $422K | $2.3M | 3x | as long as short |
| Pacifica PONS | −0.253% | +0.0285% | 1h | $49K | $119K | 3x | as long as short |
| Hyperliquid PONS | −0.252% | +0.0210% | 1h | $59.1M | $28.8M | 3x | as long as short |
| Popdex PONSUSDT | −0.237% | +0.0096% | 1h | $18K | $493K | 20x | as long as short |
| ApeX Omni PONSUSDT | −0.230% | +0.0100% | 1h | $27K | $321K | 5x | as long as short |
| Polymarket Perps PONS-USD | −0.230% | +0.0492% | 1h | $48K | $1.8M | 3x | as long as short |
| Bitget PONSUSDT | −0.227% | +0.0200% | 4h | $4.5M | $11.2M | 20x | as long as short |
| Extended PONS-USD | −0.214% | +0.0344% | 1h | $88K | $537K | 5x | as long as short |
| Lighter PONS | −0.203% | +0.0584% | 1h | $1.7M | $827K | 3x | as long as short |
| Aster PONSUSDT | −0.190% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| edgeX PONSUSDC | −0.175% | +0.0366% | 4h | $21K | $293K | 10x | as long as short |
| Variational Omni PONS | −0.155% | +0.0325% | 4h | $1.2M | $3.9M | — | as long as short |
| SoDEX PONS-USD | −0.139% | +0.0100% | 1h | $26K | $504K | 3x | as long as short |
| SunX PONS-USDT | −0.137% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Phemex PONSUSDT | −0.135% | +0.0142% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Phoenix PONS | −0.117% | +0.1523% | 1h | $23K | $61K | 3x | as long as short |
| Aevo PONS-PERP | −0.111% | +0.0168% | 1h | $368 | — | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.051% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| BloFin PONS-USDTlong | 0.000% | +0.0594% | 4h | $1.7M | $961K | 20x | |
| HTX PONS-USDT | +0.005% | +0.0100% | 4h | $63K | $498K | 20x | as long as short |