After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.263%7d average−0.052%fees + slippage, in and out−$60spread needed0.598%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PONS-USDT | 0.6235 | 0.0778 | pay 0.0389% / 4h | 8m 08s | $1.9M | $918K | 20x |
| Short | Pacifica PONS | 0.6251 | 0.0472 | get 0.0059% / 1h | 8m 08s | $50K | $126K | 3x |
BloFin 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
- $26.3
- Funding while held
- −$9.18
- Slippage, 4 orders
- −$39.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$42.65
- Spread needed to break even
- 0.598%
Slippage from BloFin: live order book, 1 min ago; Pacifica: live order book, 41 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0306%
- Per $10,000 a day
- −$9.18
- 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, 1 min ago | 2.40 bp | 14.6 bp −$15 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 41 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
Variational Omni0.6217+8.352%Phoenix0.6218+8.362%edgeX0.6220+8.396%ApeX Omni0.6221+8.425%
Injective
Variational Omni
Phoenix
ApeX OmniBloFin0.6235+8.662%
BingX0.6248+8.888%
BingXPacifica0.6251+8.947%
Aster0.6253+8.980%gTrade (Gains Network)0.6254+8.992%Gate0.6257+9.045%KuCoin0.6257+9.048%OKX0.6258+9.062%Phemex0.6258+9.062%Bybit0.6260+9.097%Polymarket Perps0.6260+9.101%Aevo0.6260+9.104%HTX0.6261+9.108%Bitget0.6261+9.116%Orderly0.6261+9.122%Lighter RH0.6262+9.130%Binance0.6262+9.132%Popdex0.6262+9.132%MEXC0.6262+9.132%Nado0.6262+9.139%Hyperliquid0.6264+9.160%SoDEX0.6265+9.186%Lighter0.6266+9.197%SunX0.6267+9.217%Extended0.6268+9.229%
Aster
gTrade (Gains Network)
Gate
KuCoin
OKX
Phemex
Bybit
Polymarket Perps
Aevo
HTX
Bitget
Orderly
Lighter RH
Binance
Popdex
MEXC
Nado
Hyperliquid
SoDEX
Lighter
SunX
ExtendedPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −7.971% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| Variational Omni PONS | −0.285% | +0.0537% | 4h | $1.7M | $3.5M | — | as long as short |
| Phoenix PONS | −0.276% | +0.1489% | 1h | $25K | $51K | 3x | as long as short |
| edgeX PONSUSDC | −0.244% | +0.0548% | 4h | $21K | $288K | 10x | as long as short |
| ApeX Omni PONSUSDT | −0.218% | +0.0100% | 1h | $39K | $314K | 5x | as long as short |
| BloFin PONS-USDTlong | 0.000% | +0.0778% | 4h | $1.9M | $918K | 20x | |
| BingX PONS-USDT | +0.209% | +0.0626% | 4h | — | $3.1M | — | as long as short |
| Pacifica PONSshort | +0.263% | +0.0472% | 1h | $50K | $126K | 3x | |
| Aster PONSUSDT | +0.294% | +0.0217% | 4h | $1.1M | $2.2M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | +0.304% | L +0.0032% / S −0.0031% | 1h | $225K | — | 150x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PONS_USDT | +0.353% | −0.0182% | 4h | $5.6M | $7.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.356% | +0.0308% | 4h | $1.8M | $3.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.369% | +0.0152% | 4h | $14.5M | $55.2M | 20x | as long as short |
| Phemex PONSUSDT | +0.369% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Bybit PONSUSDT | +0.401% | +0.0632% | 4h | $20.0M | $27.1M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.404% | +0.0569% | 1h | $67K | $1.8M | 3x | as long as short |
| Aevo PONS-PERP | +0.407% | +0.0216% | 1h | $390 | — | 3x | as long as short |
| HTX PONS-USDT | +0.411% | +0.0100% | 4h | $67K | $493K | 20x | as long as short |
| Bitget PONSUSDT | +0.419% | +0.0382% | 4h | $4.9M | $10.8M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.423% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Lighter RH PONS | +0.431% | +0.0424% | 1h | $431K | $2.2M | 3x | as long as short |
| Binance PONSUSDT | +0.433% | +0.0541% | 4h | $41.7M | $92.5M | 20x | as long as short |
| Popdex PONSUSDT | +0.433% | +0.0096% | 1h | $19K | $455K | 20x | as long as short |
| MEXC PONS_USDT | +0.433% | +0.0536% | 4h | $7.9M | $5.1M | 20x | as long as short |
| Nado PONS-PERP | +0.439% | +0.0603% | 1h | $113K | $67K | 5x | as long as short |
| Hyperliquid PONS | +0.459% | +0.1051% | 1h | $63.7M | $26.6M | 3x | as long as short |
| SoDEX PONS-USD | +0.483% | +0.0100% | 1h | $28K | $470K | 3x | as long as short |
| Lighter PONS | +0.492% | +0.1112% | 1h | $1.8M | $772K | 3x | as long as short |
| SunX PONS-USDT | +0.512% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Extended PONS-USD | +0.522% | +0.0544% | 1h | $94K | $533K | 5x | as long as short |