After costs, if the gap returns to its 7d average, $10k−$4,594
spread now+0.346%7d average+0.128%fees + slippage, in and out−$4,616spread needed46.156%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PONS/USD | 0.6144 | L +0.0032% / S −0.0031% | pay 0.0004% / 1h | 44m 46s | $221K | — | 150x |
| Short | OKX PONS-USDT-SWAP | 0.6165 | 0.0163 | get 0.0081% / 4h | 3h 44m | $14.2M | $54.3M | 20x |
gTrade (Gains Network) PONS/USD
OKX PONS-USDT-SWAPPrice 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
- $34.59
- Funding while held
- $3.94
- Slippage, 4 orders
- −$4,593.63
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$4,577.1
- Spread needed to break even
- 46.156%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; OKX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0131%
- Per $10,000 a day
- +$3.94
- 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), 1 min ago | 130.01 bp | 2119.8 bp −$2,120 | 16868.9 bp −$168.7K | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.63 bp | 14.9 bp −$15 | 33.9 bp −$339 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Variational Omni0.6136+6.932%Aster0.6137+6.951%edgeX0.6137+6.961%Aevo0.6142+7.036%ApeX Omni0.6143+7.053%
Injective
Variational Omni
Aster
Aevo
ApeX OmnigTrade (Gains Network)0.6144+7.071%
SunX0.6145+7.098%BloFin0.6147+7.128%Pacifica0.6147+7.133%Nado0.6148+7.145%Popdex0.6149+7.163%Phoenix0.6149+7.165%BingX0.6150+7.180%Polymarket Perps0.6151+7.199%KuCoin0.6152+7.217%SoDEX0.6154+7.248%Gate0.6154+7.250%Orderly0.6157+7.297%Extended0.6157+7.298%Hyperliquid0.6158+7.311%Lighter RH0.6158+7.320%MEXC0.6158+7.320%Phemex0.6158+7.320%Bitget0.6159+7.328%HTX0.6159+7.344%Lighter0.6161+7.375%Binance0.6163+7.414%
SunX
BloFin
Pacifica
Nado
Popdex
Phoenix
BingX
Polymarket Perps
KuCoin
SoDEX
Gate
Orderly
Extended
Hyperliquid
Lighter RH
MEXC
Phemex
Bitget
HTX
Lighter
BinanceOKX0.6165+7.442%
Bybit0.6169+7.511%
BybitPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −6.604% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Variational Omni PONS | −0.130% | +0.0465% | 4h | $1.5M | $3.6M | — | as long as short |
| Aster PONSUSDT | −0.113% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| edgeX PONSUSDC | −0.103% | +0.0501% | 4h | $21K | $293K | 10x | as long as short |
| Aevo PONS-PERP | −0.033% | +0.0200% | 1h | $383 | — | 3x | as long as short |
| ApeX Omni PONSUSDT | −0.017% | +0.0100% | 1h | $36K | $316K | 5x | as long as short |
| gTrade (Gains Network) PONS/USDlong | 0.000% | L +0.0032% / S −0.0031% | 1h | $221K | — | 150x | |
| SunX PONS-USDT | +0.025% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| BloFin PONS-USDT | +0.053% | +0.0722% | 4h | $1.8M | $939K | 20x | as long as short |
| Pacifica PONS | +0.058% | +0.0616% | 1h | $49K | $122K | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PONS-PERP | +0.069% | +0.0345% | 1h | $111K | $69K | 5x | as long as short |
| Popdex PONSUSDT | +0.085% | +0.0096% | 1h | $17K | $470K | 20x | as long as short |
| Phoenix PONS | +0.087% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| BingX PONS-USDT | +0.102% | +0.0468% | 4h | — | $3.1M | — | as long as short |
| Polymarket Perps PONS-USD | +0.120% | +0.0661% | 1h | $63K | $1.8M | 3x | as long as short |
| KuCoin PONSUSDTM | +0.136% | +0.0256% | 4h | $1.8M | $3.1M | 20x | as long as short |
| SoDEX PONS-USD | +0.165% | +0.0100% | 1h | $27K | $465K | 3x | as long as short |
| Gate PONS_USDT | +0.167% | −0.2344% | 4h | $5.5M | $7.3M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.211% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Extended PONS-USD | +0.212% | +0.0480% | 1h | $92K | $533K | 5x | as long as short |
| Hyperliquid PONS | +0.224% | +0.0635% | 1h | $62.1M | $27.0M | 3x | as long as short |
| Lighter RH PONS | +0.232% | +0.0704% | 1h | $432K | $2.2M | 3x | as long as short |
| MEXC PONS_USDT | +0.232% | +0.0486% | 4h | $7.5M | $5.0M | 20x | as long as short |
| Phemex PONSUSDT | +0.232% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Bitget PONSUSDT | +0.240% | +0.0304% | 4h | $4.8M | $10.8M | 20x | as long as short |
| HTX PONS-USDT | +0.255% | +0.0100% | 4h | $66K | $491K | 20x | as long as short |
| Lighter PONS | +0.284% | +0.1448% | 1h | $1.8M | $772K | 3x | as long as short |
| Binance PONSUSDT | +0.320% | +0.0491% | 4h | $40.8M | $93.1M | 20x | as long as short |
| OKX PONS-USDT-SWAPshort | +0.346% | +0.0163% | 4h | $14.2M | $54.3M | 20x | |
| Bybit PONSUSDT | +0.411% | +0.0409% | 4h | $19.5M | $27.4M | 20x | as long as short |