After costs, if the gap returns to its 7d average, $10k−$319
spread now+0.097%7d average+0.038%fees + slippage, in and out−$325spread needed3.249%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PONS-USD | 0.5865 | 0.0256 | pay 0.0032% / 1h | 20m 13s | $87K | $540K | 5x |
| Short | HTX PONS-USDT | 0.5870 | 0.0100 | get 0.0050% / 4h | 1h 20m | $62K | $500K | 20x |
Extended PONS-USD
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
- $9.7
- Funding while held
- −$4.68
- Slippage, 4 orders
- −$307.9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$319.88
- Spread needed to break even
- 3.249%
Slippage from Extended: live order book, 14 min ago; HTX: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0156%
- Per $10,000 a day
- −$4.68
- 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, 14 min ago | 12.64 bp | 29.0 bp −$29 | 185.4 bp −$1,854 | doesn't fit | doesn't fit |
| Sell HTX live order book, 15 min ago | 36.27 bp | 157.2 bp −$157 | 1481.3 bp −$14.8K | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestedgeX0.5843+1.822%Variational Omni0.5850+1.947%Phoenix0.5856+2.063%BloFin0.5858+2.091%KuCoin0.5859+2.105%gTrade (Gains Network)0.5859+2.107%Pacifica0.5859+2.107%Aster0.5859+2.109%Gate0.5860+2.126%Phemex0.5860+2.126%Bybit0.5861+2.144%SoDEX0.5861+2.152%OKX0.5862+2.161%ApeX Omni0.5862+2.161%SunX0.5863+2.173%Binance0.5863+2.178%BingX0.5863+2.178%Lighter RH0.5863+2.184%Hyperliquid0.5864+2.187%Polymarket Perps0.5864+2.192%MEXC0.5864+2.196%
Injective
Variational Omni
Phoenix
BloFin
KuCoin
gTrade (Gains Network)
Pacifica
Aster
Gate
Phemex
Bybit
SoDEX
OKX
ApeX Omni
SunX
Binance
BingX
Lighter RH
Hyperliquid
Polymarket Perps
MEXCExtended0.5865+2.210%
Nado0.5865+2.213%Popdex0.5865+2.213%Aevo0.5866+2.222%Bitget0.5867+2.241%Lighter0.5868+2.271%Orderly0.5870+2.302%
Nado
Popdex
Aevo
Bitget
Lighter
OrderlyHTX0.5870+2.309%
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 | −2.162% | +0.0033% | 1h | $590 | $3K | 5.5x | as long as short |
| edgeX PONSUSDC | −0.380% | +0.0269% | 4h | $20K | $292K | 10x | as long as short |
| Variational Omni PONS | −0.258% | +0.0100% | 4h | $1.2M | $4.2M | — | as long as short |
| Phoenix PONS | −0.143% | +0.1299% | 1h | $24K | $70K | 3x | as long as short |
| BloFin PONS-USDT | −0.116% | +0.0498% | 4h | $1.7M | $972K | 20x | as long as short |
| KuCoin PONSUSDTM | −0.102% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.101% | L +0.0032% / S −0.0032% | 1h | $212K | — | 150x | as long as short |
| Pacifica PONS | −0.101% | +0.0157% | 1h | $46K | $116K | 3x | as long as short |
| Aster PONSUSDT | −0.099% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Gate PONS_USDT | −0.082% | −0.0118% | 4h | $5.2M | $7.3M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | −0.082% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Bybit PONSUSDT | −0.065% | +0.0100% | 4h | $17.2M | $31.3M | 20x | as long as short |
| SoDEX PONS-USD | −0.056% | +0.0100% | 1h | $27K | $535K | 3x | as long as short |
| OKX PONS-USDT-SWAP | −0.048% | +0.0173% | 4h | $13.0M | $55.6M | 20x | as long as short |
| ApeX Omni PONSUSDT | −0.048% | +0.0100% | 1h | $34K | $317K | 5x | as long as short |
| SunX PONS-USDT | −0.036% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| Binance PONSUSDT | −0.031% | +0.0258% | 4h | $37.8M | $99.3M | 20x | as long as short |
| BingX PONS-USDT | −0.031% | +0.0258% | 4h | — | $3.2M | — | as long as short |
| Lighter RH PONS | −0.026% | +0.0176% | 1h | $420K | $2.4M | 3x | as long as short |
| Hyperliquid PONS | −0.022% | +0.0100% | 1h | $58.3M | $29.8M | 3x | as long as short |
| Polymarket Perps PONS-USD | −0.017% | +0.0435% | 1h | $65K | $1.8M | 3x | as long as short |
| MEXC PONS_USDT | −0.014% | +0.0256% | 4h | $7.1M | $5.4M | 20x | as long as short |
| Extended PONS-USDlong | 0.000% | +0.0256% | 1h | $87K | $540K | 5x | |
| Nado PONS-PERP | +0.003% | +0.0100% | 1h | $72K | $94K | 5x | as long as short |
| Popdex PONSUSDT | +0.003% | +0.0096% | 1h | $20K | $512K | 20x | as long as short |
| Aevo PONS-PERP | +0.012% | +0.0144% | 1h | $365 | — | 3x | as long as short |
| Bitget PONSUSDT | +0.031% | +0.0142% | 4h | $4.6M | $11.6M | 20x | as long as short |
| Lighter PONS | +0.060% | +0.0984% | 1h | $1.7M | $871K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.090% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |
| HTX PONS-USDTshort | +0.097% | +0.0100% | 4h | $62K | $500K | 20x |