data as of
Settings8H · net · $10k
Price arb /

PONS

all PONS markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$60
spread now+0.062%7d average+0.030%fees + slippage, in and out−$63spread needed0.634%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PONS-USD0.63400.0600pay 0.0075% / 1h45m 44s$95K$537K5x
ShortMEXC PONS_USDT0.63440.0602get 0.0301% / 4h45m 44s$8.3M$4.9M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$6.23
Funding while held
$0.06
Slippage, 4 orders
−$58.41
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$57.12
Spread needed to break even
0.634%
Slippage from Extended: live order book, 3 min ago; MEXC: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0002%
Per $10,000 a day
+$0.06
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago12.60 bp26.3 bp −$26136.1 bp −$1,361doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.59 bp3.0 bp −$310.4 bp −$104395.2 bp −$39.5Kdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PONS/USDC PERP−9.496%+0.0033%1h$590$15K5.5xas long as short
edgeX PONSUSDC−0.354%+0.0634%4h$21K$290K10xas long as short
ApeX Omni PONSUSDT−0.296%+0.0100%1h$40K$317K5xas long as short
Aster PONSUSDT−0.175%+0.0409%4h$1.1M$2.2M20xas long as short
BloFin PONS-USDT−0.127%+0.0846%4h$1.9M$923K20xas long as short
Bitget PONSUSDT−0.100%+0.0546%4h$5.0M$10.8M20xas long as short
OKX PONS-USDT-SWAP−0.095%+0.0168%4h$15.0M$55.9M20xas long as short
KuCoin PONSUSDTM−0.069%+0.0504%4h$1.8M$3.1M20xas long as short
Gate PONS_USDT−0.048%+0.0100%4h$5.7M$6.9M20xas long as short
BingX PONS-USDT−0.032%+0.0716%4h$2.9Mas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PONSUSDT−0.001%+0.0763%4h$20.6M$26.9M20xas long as short
Extended PONS-USDlong0.000%+0.0600%1h$95K$537K5x
MEXC PONS_USDTshort+0.062%+0.0602%4h$8.3M$4.9M20x
Binance PONSUSDT+0.088%+0.0625%4h$42.7M$93.4M20xas long as short
gTrade (Gains Network) PONS/USD+0.096%L +0.0032% / S −0.0031%1h$229K150xas long as short
Pacifica PONS+0.104%+0.0472%1h$48K$166K3xas long as short
Orderly PERP_PONS_USDC_mythos+0.121%+0.0100%4h$2K$2K10xas long as short
Phemex PONSUSDT+0.157%+0.0100%4h$1.8M$3.3M20xas long as short
SoDEX PONS-USD+0.173%+0.0100%1h$28K$480K3xas long as short
Lighter RH PONS+0.187%+0.0440%1h$437K$2.2M3xas long as short
Aevo PONS-PERP+0.188%+0.0232%1h$3963xas long as short
Variational Omni PONS+0.209%+0.0612%4h$1.8M$3.4Mas long as short
Lighter PONS+0.230%+0.1144%1h$1.8M$714K3xas long as short
Hyperliquid PONS+0.239%+0.1147%1h$64.9M$26.1M3xas long as short
SunX PONS-USDT+0.256%+0.0100%4h$1.3M10xas long as short
Phoenix PONS+0.389%+0.1489%1h$26K$51K3xas long as short
Nado PONS-PERP+0.409%+0.0679%1h$117K$66K5xas long as short
Popdex PONSUSDT+0.441%+0.0096%1h$20K$470K20xas long as short
Polymarket Perps PONS-USD+0.444%+0.0631%1h$76K$1.8M3xas long as short
HTX PONS-USDT+0.671%+0.0100%4h$67K$494K20xas long as short