After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.136%7d average+0.049%fees + slippage, in and out−$72spread needed0.717%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PONS-USD | 0.6091 | 0.0456 | pay 0.0057% / 1h | 22m 23s | $91K | $544K | 5x |
| Short | BingX PONS-USDT | 0.6083 | 0.0592 | get 0.0296% / 4h | 3h 22m | — | $3.1M | — |
Extended PONS-USD
BingX 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
- −$13.63
- Funding while held
- $4.08
- Slippage, 4 orders
- −$56.69
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$81.25
- Spread needed to break even
- 0.717%
Slippage from Extended: live order book, 22 min ago; BingX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0136%
- Per $10,000 a day
- +$4.08
- 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 Extended live order book, 22 min ago | 8.59 bp | 22.4 bp −$22 | 138.5 bp −$1,385 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.45 bp | 13.5 bp −$14 | 28.9 bp −$289 | 92.6 bp −$9,264 | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Aster0.6078+5.922%gTrade (Gains Network)0.6079+5.951%Aevo0.6080+5.954%
Injective
Aster
gTrade (Gains Network)
AevoBingX0.6083+6.013%
KuCoin0.6084+6.026%Gate0.6085+6.047%SoDEX0.6085+6.053%Hyperliquid0.6086+6.056%Bitget0.6086+6.056%Popdex0.6086+6.065%Polymarket Perps0.6086+6.065%Lighter RH0.6087+6.086%MEXC0.6088+6.100%Nado0.6089+6.114%Binance0.6089+6.117%Pacifica0.6089+6.122%SunX0.6089+6.126%OKX0.6090+6.135%Bybit0.6091+6.152%
KuCoin
Gate
SoDEX
Hyperliquid
Bitget
Popdex
Polymarket Perps
Lighter RH
MEXC
Nado
Binance
Pacifica
SunX
OKX
BybitExtended0.6091+6.157%
Lighter0.6092+6.171%Phemex0.6094+6.204%BloFin0.6095+6.222%Orderly0.6095+6.225%edgeX0.6107+6.431%HTX0.6114+6.548%Phoenix0.6114+6.558%ApeX Omni0.6116+6.595%Variational Omni0.6121+6.668%
Lighter
Phemex
BloFin
Orderly
HTX
Phoenix
ApeX Omni
Variational OmniPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −5.800% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Aster PONSUSDT | −0.222% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.195% | L +0.0032% / S −0.0031% | 1h | $219K | — | 150x | as long as short |
| Aevo PONS-PERP | −0.192% | +0.0200% | 1h | $379 | — | 3x | as long as short |
| BingX PONS-USDTshort | −0.136% | +0.0592% | 4h | — | $3.1M | — | |
| KuCoin PONSUSDTM | −0.123% | +0.0240% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Gate PONS_USDT | −0.104% | −0.0666% | 4h | $5.4M | $7.4M | 20x | as long as short |
| SoDEX PONS-USD | −0.099% | +0.0100% | 1h | $27K | $467K | 3x | as long as short |
| Hyperliquid PONS | −0.095% | +0.0487% | 1h | $61.2M | $27.2M | 3x | as long as short |
| Bitget PONSUSDT | −0.095% | +0.0240% | 4h | $4.7M | $10.9M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex PONSUSDT | −0.087% | +0.0096% | 1h | $19K | $473K | 20x | as long as short |
| Polymarket Perps PONS-USD | −0.087% | +0.0579% | 1h | $59K | $1.7M | 3x | as long as short |
| Lighter RH PONS | −0.067% | +0.0744% | 1h | $423K | $2.3M | 3x | as long as short |
| MEXC PONS_USDT | −0.054% | +0.0456% | 4h | $7.5M | $5.1M | 20x | as long as short |
| Nado PONS-PERP | −0.041% | +0.0301% | 1h | $110K | $68K | 5x | as long as short |
| Binance PONSUSDT | −0.038% | +0.0448% | 4h | $40.3M | $94.1M | 20x | as long as short |
| Pacifica PONS | −0.034% | +0.0616% | 1h | $50K | $123K | 3x | as long as short |
| SunX PONS-USDT | −0.030% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| OKX PONS-USDT-SWAP | −0.021% | +0.0135% | 4h | $13.9M | $54.1M | 20x | as long as short |
| Bybit PONSUSDT | −0.005% | +0.0326% | 4h | $18.7M | $28.1M | 20x | as long as short |
| Extended PONS-USDlong | 0.000% | +0.0456% | 1h | $91K | $544K | 5x | |
| Lighter PONS | +0.013% | +0.1400% | 1h | $1.8M | $784K | 3x | as long as short |
| Phemex PONSUSDT | +0.044% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| BloFin PONS-USDT | +0.061% | +0.0697% | 4h | $1.8M | $959K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.064% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| edgeX PONSUSDC | +0.258% | +0.0494% | 4h | $21K | $291K | 10x | as long as short |
| HTX PONS-USDT | +0.368% | +0.0100% | 4h | $64K | $494K | 20x | as long as short |
| Phoenix PONS | +0.378% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.412% | +0.0100% | 1h | $38K | $317K | 5x | as long as short |
| Variational Omni PONS | +0.481% | +0.0418% | 4h | $1.3M | $3.8M | — | as long as short |