Spread before costs (cost unknown: a leg has no order-book sample)+0.053%
7d average+0.045%if it closes, per $10,000$5funding while held, a day−$13.38
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PONSUSDC | 0.6230 | 0.0546 | pay 0.0273% / 4h | 3h 58m | $21K | $292K | 10x |
| Short | SunX PONS-USDT | 0.6233 | 0.0100 | get 0.0050% / 4h | 3h 58m | — | $1.4M | 10x |
Price 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
- $5.28
- Funding while held
- −$13.38
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$27.11
- Spread needed to break even
- 0.190%
Slippage unknown: edgeX: live order book, 51 min ago; SunX: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0446%
- Per $10,000 a day
- −$13.38
- 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, 51 min ago | 11.88 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 105.68 bp | 127.0 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.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 | −7.899% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.101% | L +0.0032% / S −0.0031% | 1h | $224K | — | 150x | as long as short |
| Variational Omni PONS | −0.074% | +0.0511% | 4h | $1.7M | $3.4M | — | as long as short |
| Nado PONS-PERP | −0.050% | +0.0100% | 1h | $113K | $68K | 5x | as long as short |
| BingX PONS-USDT | −0.050% | +0.0586% | 4h | — | $3.0M | — | as long as short |
| Aster PONSUSDT | −0.024% | +0.0178% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Hyperliquid PONS | −0.010% | +0.0654% | 1h | $63.3M | $26.7M | 3x | as long as short |
| MEXC PONS_USDT | −0.002% | +0.0528% | 4h | $7.8M | $4.9M | 20x | as long as short |
| edgeX PONSUSDClong | 0.000% | +0.0546% | 4h | $21K | $292K | 10x | |
| Popdex PONSUSDT | +0.014% | +0.0096% | 1h | $19K | $454K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps PONS-USD | +0.014% | +0.0615% | 1h | $64K | $1.8M | 3x | as long as short |
| Pacifica PONS | +0.022% | +0.0616% | 1h | $50K | $126K | 3x | as long as short |
| Bitget PONSUSDT | +0.025% | +0.0346% | 4h | $4.8M | $10.7M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.027% | +0.0100% | 1h | $39K | $314K | 5x | as long as short |
| Phemex PONSUSDT | +0.030% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.040% | +0.0216% | 1h | $388 | — | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.046% | +0.0137% | 4h | $14.4M | $54.9M | 20x | as long as short |
| SunX PONS-USDTshort | +0.053% | +0.0100% | 4h | — | $1.4M | 10x | |
| SoDEX PONS-USD | +0.054% | +0.0100% | 1h | $28K | $463K | 3x | as long as short |
| Lighter RH PONS | +0.059% | +0.0864% | 1h | $433K | $2.2M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.074% | +0.0286% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Extended PONS-USD | +0.078% | +0.0528% | 1h | $93K | $533K | 5x | as long as short |
| BloFin PONS-USDT | +0.078% | +0.0769% | 4h | $1.9M | $922K | 20x | as long as short |
| Binance PONSUSDT | +0.082% | +0.0525% | 4h | $41.4M | $92.7M | 20x | as long as short |
| HTX PONS-USDT | +0.093% | +0.0100% | 4h | $66K | $490K | 20x | as long as short |
| Gate PONS_USDT | +0.095% | −0.2412% | 4h | $5.6M | $7.2M | 20x | as long as short |
| Phoenix PONS | +0.103% | +0.1489% | 1h | $25K | $51K | 3x | as long as short |
| Bybit PONSUSDT | +0.111% | +0.0100% | 4h | $20.0M | $27.2M | 20x | as long as short |
| Lighter PONS | +0.149% | +0.1472% | 1h | $1.8M | $763K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.165% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
SunX PONS-USDT
Injective
gTrade (Gains Network)
Variational Omni
BingX
Aster
Hyperliquid
MEXC
Popdex
Polymarket Perps
Pacifica
Bitget
ApeX Omni
Phemex
OKX
SoDEX
Lighter RH
KuCoin
Extended
BloFin
Binance
HTX
Gate
Phoenix
Bybit
Lighter