After costs, if the gap returns to its 7d average, $10k−$4,607
spread now+0.151%7d average+0.099%fees + slippage, in and out−$4,613spread needed46.127%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PONS/USD | 0.5807 | L +0.0032% / S −0.0032% | pay 0.0004% / 1h | 32m 39s | $210K | — | 150x |
| Short | Aster PONSUSDT | 0.5815 | 0.0100 | get 0.0050% / 4h | 1h 32m | $1.1M | $2.1M | 20x |
gTrade (Gains Network) PONS/USD
Aster PONSUSDTPrice 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
- $15.15
- Funding while held
- $2.04
- Slippage, 4 orders
- −$4,592.74
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$4,595.56
- Spread needed to break even
- 46.127%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Aster: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0068%
- Per $10,000 a day
- +$2.04
- 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.01 bp | 2119.6 bp −$2,120 | 16867.8 bp −$168.7K | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 2.83 bp | 10.1 bp −$10 | 30.7 bp −$307 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
InjectivegTrade (Gains Network)0.5807+1.197%
Popdex0.5812+1.290%SoDEX0.5812+1.290%SunX0.5813+1.305%Polymarket Perps0.5813+1.307%Nado0.5814+1.320%Phemex0.5814+1.325%Aevo0.5814+1.333%
Popdex
SoDEX
SunX
Polymarket Perps
Nado
Phemex
AevoAster0.5815+1.351%
BloFin0.5817+1.377%Orderly0.5820+1.433%KuCoin0.5822+1.466%Gate0.5823+1.481%Lighter RH0.5824+1.499%edgeX0.5824+1.507%Pacifica0.5825+1.514%HTX0.5825+1.518%Hyperliquid0.5826+1.532%Bybit0.5826+1.534%OKX0.5826+1.534%MEXC0.5826+1.534%Extended0.5826+1.541%Binance0.5827+1.543%Phoenix0.5828+1.563%BingX0.5828+1.568%Bitget0.5829+1.581%Lighter0.5830+1.596%ApeX Omni0.5834+1.668%Variational Omni0.5835+1.685%
BloFin
Orderly
KuCoin
Gate
Lighter RH
Pacifica
HTX
Hyperliquid
Bybit
OKX
MEXC
Extended
Binance
Phoenix
BingX
Bitget
Lighter
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 | −1.183% | +0.0033% | 1h | $590 | $3K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USDlong | 0.000% | L +0.0032% / S −0.0032% | 1h | $210K | — | 150x | |
| Popdex PONSUSDT | +0.091% | +0.0096% | 1h | $20K | $512K | 20x | as long as short |
| SoDEX PONS-USD | +0.091% | +0.0100% | 1h | $26K | $534K | 3x | as long as short |
| SunX PONS-USDT | +0.107% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| Polymarket Perps PONS-USD | +0.108% | +0.0417% | 1h | $72K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | +0.121% | +0.0100% | 1h | $72K | $94K | 5x | as long as short |
| Phemex PONSUSDT | +0.126% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.134% | +0.0144% | 1h | $362 | — | 3x | as long as short |
| Aster PONSUSDTshort | +0.151% | +0.0100% | 4h | $1.1M | $2.1M | 20x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PONS-USDT | +0.177% | +0.0499% | 4h | $1.7M | $972K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.232% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |
| KuCoin PONSUSDTM | +0.265% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
| Gate PONS_USDT | +0.281% | −0.0162% | 4h | $5.2M | $7.2M | 20x | as long as short |
| Lighter RH PONS | +0.298% | +0.0312% | 1h | $414K | $2.4M | 3x | as long as short |
| edgeX PONSUSDC | +0.306% | +0.0277% | 4h | $20K | $293K | 10x | as long as short |
| Pacifica PONS | +0.313% | +0.0157% | 1h | $46K | $116K | 3x | as long as short |
| HTX PONS-USDT | +0.317% | +0.0100% | 4h | $61K | $500K | 20x | as long as short |
| Hyperliquid PONS | +0.331% | +0.0100% | 1h | $58.0M | $29.8M | 3x | as long as short |
| Bybit PONSUSDT | +0.332% | +0.0100% | 4h | $17.0M | $31.2M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.332% | +0.0173% | 4h | $12.9M | $55.4M | 20x | as long as short |
| MEXC PONS_USDT | +0.332% | +0.0258% | 4h | $7.0M | $5.3M | 20x | as long as short |
| Extended PONS-USD | +0.339% | +0.0256% | 1h | $87K | $542K | 5x | as long as short |
| Binance PONSUSDT | +0.342% | +0.0253% | 4h | $37.6M | $99.3M | 20x | as long as short |
| Phoenix PONS | +0.362% | +0.1299% | 1h | $24K | $70K | 3x | as long as short |
| BingX PONS-USDT | +0.367% | +0.0265% | 4h | — | $3.3M | — | as long as short |
| Bitget PONSUSDT | +0.379% | +0.0136% | 4h | $4.6M | $11.6M | 20x | as long as short |
| Lighter PONS | +0.394% | +0.0904% | 1h | $1.7M | $868K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.465% | +0.0100% | 1h | $34K | $317K | 5x | as long as short |
| Variational Omni PONS | +0.482% | +0.0100% | 4h | $1.3M | $4.1M | — | as long as short |