After costs, if the gap returns to its 7d average, $10k−$511
spread now+0.291%7d average+0.015%fees + slippage, in and out−$538spread needed5.383%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PONSUSDC | 0.6370 | 0.0693 | pay 0.0346% / 4h | 1h 41m | $22K | $289K | 10x |
| Short | HTX PONS-USDT | 0.6388 | 0.0100 | get 0.0050% / 4h | 1h 41m | $67K | $493K | 20x |
HTX PONS-USDTPrice 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
- $29.08
- Funding while held
- −$17.78
- Slippage, 4 orders
- −$517.26
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$526.97
- Spread needed to break even
- 5.383%
Slippage from edgeX: live order book, 13 min ago; HTX: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0593%
- Per $10,000 a day
- −$17.78
- 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 edgeX live order book, 13 min ago | 11.82 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 13 min ago | 33.43 bp | 233.1 bp −$233 | 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 Omni0.6347+10.610%BingX0.6362+10.875%gTrade (Gains Network)0.6365+10.927%BloFin0.6366+10.945%Gate0.6367+10.962%OKX0.6368+10.979%Phemex0.6371+11.032%Extended0.6372+11.042%KuCoin0.6372+11.047%Bybit0.6372+11.049%Aster0.6372+11.054%ApeX Omni0.6373+11.060%Aevo0.6373+11.062%Phoenix0.6374+11.093%Bitget0.6375+11.098%Orderly0.6375+11.103%Pacifica0.6375+11.105%MEXC0.6376+11.119%Binance0.6377+11.136%Lighter RH0.6377+11.138%Lighter0.6379+11.164%Nado0.6379+11.171%SunX0.6380+11.187%Polymarket Perps0.6380+11.190%SoDEX0.6380+11.196%Hyperliquid0.6381+11.205%Popdex0.6382+11.223%
Injective
Variational Omni
BingX
gTrade (Gains Network)
BloFin
Gate
OKX
Phemex
Extended
KuCoin
Bybit
Aster
ApeX Omni
Aevo
Phoenix
Bitget
Orderly
Pacifica
MEXC
Binance
Lighter RH
Lighter
Nado
SunX
Polymarket Perps
SoDEX
Hyperliquid
PopdexHTX0.6388+11.335%
PONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −9.920% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| Variational Omni PONS | −0.362% | +0.0527% | 4h | $1.8M | $3.3M | — | as long as short |
| BingX PONS-USDT | −0.124% | +0.0702% | 4h | — | $2.9M | — | as long as short |
| gTrade (Gains Network) PONS/USD | −0.077% | L +0.0032% / S −0.0032% | 1h | $227K | — | 150x | as long as short |
| BloFin PONS-USDT | −0.061% | +0.0927% | 4h | $1.9M | $908K | 20x | as long as short |
| Gate PONS_USDT | −0.045% | +0.1014% | 4h | $5.7M | $7.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.029% | +0.0217% | 4h | $15.2M | $56.5M | 20x | as long as short |
| edgeX PONSUSDClong | 0.000% | +0.0693% | 4h | $22K | $289K | 10x | |
| Phemex PONSUSDT | +0.018% | +0.0100% | 4h | $1.8M | $3.4M | 20x | as long as short |
| Extended PONS-USD | +0.026% | +0.0688% | 1h | $161K | $464K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin PONSUSDTM | +0.032% | +0.0568% | 4h | $2.3M | $2.1M | 20x | as long as short |
| Bybit PONSUSDT | +0.033% | +0.0632% | 4h | $20.4M | $26.0M | 20x | as long as short |
| Aster PONSUSDT | +0.038% | +0.0415% | 4h | $1.1M | $2.2M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.043% | +0.0100% | 1h | $40K | $319K | 5x | as long as short |
| Aevo PONS-PERP | +0.044% | +0.0256% | 1h | $397 | — | 3x | as long as short |
| Phoenix PONS | +0.073% | +0.1767% | 1h | $26K | $45K | 3x | as long as short |
| Bitget PONSUSDT | +0.077% | +0.0726% | 4h | $5.1M | $10.4M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.082% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Pacifica PONS | +0.083% | +0.0858% | 1h | $49K | $176K | 3x | as long as short |
| MEXC PONS_USDT | +0.096% | +0.0686% | 4h | $8.2M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.112% | +0.0684% | 4h | $42.9M | $92.5M | 20x | as long as short |
| Lighter RH PONS | +0.113% | +0.0376% | 1h | $454K | $2.2M | 3x | as long as short |
| Lighter PONS | +0.137% | +0.0968% | 1h | $1.8M | $729K | 3x | as long as short |
| Nado PONS-PERP | +0.143% | +0.0524% | 1h | $117K | $67K | 5x | as long as short |
| SunX PONS-USDT | +0.157% | +0.0100% | 4h | — | $1.2M | 10x | as long as short |
| Polymarket Perps PONS-USD | +0.160% | +0.0466% | 1h | $64K | $1.7M | 3x | as long as short |
| SoDEX PONS-USD | +0.165% | +0.0100% | 1h | $29K | $463K | 3x | as long as short |
| Hyperliquid PONS | +0.173% | +0.0996% | 1h | $64.7M | $25.4M | 3x | as long as short |
| Popdex PONSUSDT | +0.190% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| HTX PONS-USDTshort | +0.291% | +0.0100% | 4h | $67K | $493K | 20x |