After costs, if the gap returns to its 7d average, $10k−$4,634
spread now−0.005%7d average+0.188%fees + slippage, in and out−$4,615spread needed46.150%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PONS/USD | 0.6230 | L +0.0032% / S −0.0031% | pay 0.0004% / 1h | 58m 14s | $225K | — | 150x |
| Short | BingX PONS-USDT | 0.6230 | 0.0586 | get 0.0293% / 4h | 3h 58m | — | $3.0M | — |
gTrade (Gains Network) 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
- −$0.48
- Funding while held
- $16.63
- Slippage, 4 orders
- −$4,592.98
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$4,598.83
- Spread needed to break even
- 46.150%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 52 min ago; BingX: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0554%
- Per $10,000 a day
- +$16.63
- 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), 52 min ago | 130.01 bp | 2119.9 bp −$2,120 | 16868.8 bp −$168.7K | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 2.41 bp | 11.9 bp −$12 | 27.5 bp −$275 | 125.4 bp −$12.5K | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Variational Omni0.6226+8.497%
Injective
Variational OmniBingX0.6230+8.574%
edgeX0.6230+8.576%gTrade (Gains Network)0.6230+8.580%
Aster0.6231+8.586%Pacifica0.6231+8.601%ApeX Omni0.6232+8.606%BloFin0.6235+8.662%Nado0.6236+8.679%Bybit0.6236+8.679%Phoenix0.6237+8.688%OKX0.6237+8.696%Phemex0.6237+8.696%Extended0.6238+8.712%SoDEX0.6238+8.719%Aevo0.6239+8.738%MEXC0.6240+8.749%SunX0.6240+8.754%KuCoin0.6241+8.768%Hyperliquid0.6241+8.771%Polymarket Perps0.6241+8.771%Bitget0.6241+8.773%Binance0.6242+8.784%Popdex0.6242+8.784%Gate0.6242+8.784%Lighter RH0.6243+8.808%Orderly0.6247+8.865%HTX0.6247+8.869%Lighter0.6248+8.881%
Aster
Pacifica
ApeX Omni
BloFin
Nado
Bybit
Phoenix
OKX
Phemex
Extended
SoDEX
Aevo
MEXC
SunX
KuCoin
Hyperliquid
Polymarket Perps
Bitget
Binance
Popdex
Gate
Lighter RH
Orderly
HTX
LighterPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −7.902% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Variational Omni PONS | −0.077% | +0.0511% | 4h | $1.7M | $3.4M | — | as long as short |
| BingX PONS-USDTshort | −0.005% | +0.0586% | 4h | — | $3.0M | — | |
| edgeX PONSUSDC | −0.003% | +0.0546% | 4h | $21K | $292K | 10x | as long as short |
| gTrade (Gains Network) PONS/USDlong | 0.000% | L +0.0032% / S −0.0031% | 1h | $225K | — | 150x | |
| Aster PONSUSDT | +0.006% | +0.0178% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Pacifica PONS | +0.019% | +0.0616% | 1h | $50K | $126K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.024% | +0.0100% | 1h | $39K | $314K | 5x | as long as short |
| BloFin PONS-USDT | +0.075% | +0.0769% | 4h | $1.9M | $922K | 20x | as long as short |
| Nado PONS-PERP | +0.091% | +0.0335% | 1h | $113K | $68K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PONSUSDT | +0.091% | +0.0259% | 4h | $20.0M | $27.2M | 20x | as long as short |
| Phoenix PONS | +0.100% | +0.1489% | 1h | $25K | $51K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.108% | +0.0137% | 4h | $14.4M | $54.9M | 20x | as long as short |
| Phemex PONSUSDT | +0.108% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Extended PONS-USD | +0.122% | +0.0528% | 1h | $93K | $533K | 5x | as long as short |
| SoDEX PONS-USD | +0.128% | +0.0100% | 1h | $28K | $463K | 3x | as long as short |
| Aevo PONS-PERP | +0.146% | +0.0216% | 1h | $389 | — | 3x | as long as short |
| MEXC PONS_USDT | +0.156% | +0.0528% | 4h | $7.8M | $4.9M | 20x | as long as short |
| SunX PONS-USDT | +0.161% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| KuCoin PONSUSDTM | +0.173% | +0.0286% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Hyperliquid PONS | +0.177% | +0.0756% | 1h | $63.4M | $26.7M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.177% | +0.0611% | 1h | $64K | $1.8M | 3x | as long as short |
| Bitget PONSUSDT | +0.178% | +0.0342% | 4h | $4.8M | $10.7M | 20x | as long as short |
| Binance PONSUSDT | +0.188% | +0.0525% | 4h | $41.5M | $92.7M | 20x | as long as short |
| Popdex PONSUSDT | +0.188% | +0.0096% | 1h | $19K | $453K | 20x | as long as short |
| Gate PONS_USDT | +0.188% | −0.2412% | 4h | $5.6M | $7.2M | 20x | as long as short |
| Lighter RH PONS | +0.210% | +0.0864% | 1h | $433K | $2.2M | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.263% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| HTX PONS-USDT | +0.266% | +0.0100% | 4h | $66K | $490K | 20x | as long as short |
| Lighter PONS | +0.278% | +0.1648% | 1h | $1.8M | $763K | 3x | as long as short |