After costs, if the gap returns to its 7d average, $10k−$4,791
spread now+0.086%7d average+0.159%fees + slippage, in and out−$4,784spread needed47.837%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PONS/USD | 0.5839 | L +0.0032% / S −0.0032% | pay 0.0004% / 1h | 4m 44s | $212K | — | 150x |
| Short | Popdex PONSUSDT | 0.5844 | 0.0096 | get 0.0012% / 1h | 4m 44s | $15K | $507K | 20x |
gTrade (Gains Network) PONS/USD
Popdex 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
- $8.56
- Funding while held
- $1.92
- Slippage, 4 orders
- −$4,765.28
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$4,773.2
- Spread needed to break even
- 47.837%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 36 min ago; Popdex: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0064%
- Per $10,000 a day
- +$1.92
- 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), 36 min ago | 130.00 bp | 2119.9 bp −$2,120 | 16868.5 bp −$168.7K | doesn't fit | doesn't fit |
| Sell Popdex live order book, 36 min ago | 5.41 bp | 90.1 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestBitget0.5827+1.555%BingX0.5828+1.568%Aster0.5829+1.582%SunX0.5830+1.605%Lighter RH0.5831+1.619%Bybit0.5831+1.621%OKX0.5831+1.621%Hyperliquid0.5833+1.656%Binance0.5834+1.681%KuCoin0.5835+1.690%Lighter0.5836+1.708%MEXC0.5836+1.708%Pacifica0.5837+1.727%Extended0.5837+1.727%Nado0.5838+1.745%
Injective
Bitget
BingX
Aster
SunX
Lighter RH
Bybit
OKX
Hyperliquid
Binance
KuCoin
Lighter
MEXC
Pacifica
Extended
NadogTrade (Gains Network)0.5839+1.760%
BloFin0.5839+1.760%Variational Omni0.5839+1.769%edgeX0.5840+1.786%Polymarket Perps0.5841+1.797%Phemex0.5842+1.812%Aevo0.5843+1.830%Gate0.5843+1.830%
BloFin
Variational Omni
Polymarket Perps
Phemex
Aevo
GatePopdex0.5844+1.847%
SoDEX0.5844+1.847%Phoenix0.5844+1.853%ApeX Omni0.5847+1.896%Orderly0.5851+1.976%HTX0.5853+2.009%
SoDEX
Phoenix
ApeX Omni
Orderly
HTXPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −1.730% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| Bitget PONSUSDT | −0.202% | +0.0136% | 4h | $4.5M | $11.5M | 20x | as long as short |
| BingX PONS-USDT | −0.188% | +0.0312% | 4h | — | $3.3M | — | as long as short |
| Aster PONSUSDT | −0.175% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| SunX PONS-USDT | −0.152% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Lighter RH PONS | −0.139% | +0.0128% | 1h | $399K | $2.4M | 3x | as long as short |
| Bybit PONSUSDT | −0.137% | +0.0100% | 4h | $17.5M | $30.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.137% | +0.0154% | 4h | $13.1M | $55.5M | 20x | as long as short |
| Hyperliquid PONS | −0.103% | +0.0129% | 1h | $58.1M | $29.5M | 3x | as long as short |
| Binance PONSUSDT | −0.078% | +0.0295% | 4h | $37.8M | $98.9M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin PONSUSDTM | −0.069% | +0.0100% | 4h | $1.7M | $3.4M | 20x | as long as short |
| Lighter PONS | −0.051% | +0.0608% | 1h | $1.7M | $869K | 3x | as long as short |
| MEXC PONS_USDT | −0.051% | +0.0298% | 4h | $7.1M | $5.4M | 20x | as long as short |
| Pacifica PONS | −0.033% | +0.0285% | 1h | $46K | $119K | 3x | as long as short |
| Extended PONS-USD | −0.033% | +0.0296% | 1h | $87K | $545K | 5x | as long as short |
| Nado PONS-PERP | −0.015% | +0.0100% | 1h | $72K | $95K | 5x | as long as short |
| gTrade (Gains Network) PONS/USDlong | 0.000% | L +0.0032% / S −0.0032% | 1h | $212K | — | 150x | |
| BloFin PONS-USDT | 0.000% | +0.0535% | 4h | $1.7M | $959K | 20x | as long as short |
| Variational Omni PONS | +0.009% | +0.0100% | 4h | $1.2M | $3.9M | — | as long as short |
| edgeX PONSUSDC | +0.025% | +0.0320% | 4h | $20K | $292K | 10x | as long as short |
| Polymarket Perps PONS-USD | +0.036% | +0.0349% | 1h | $69K | $1.8M | 3x | as long as short |
| Phemex PONSUSDT | +0.051% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Aevo PONS-PERP | +0.068% | +0.0152% | 1h | $364 | — | 3x | as long as short |
| Gate PONS_USDT | +0.069% | +0.0100% | 4h | $5.2M | $7.8M | 20x | as long as short |
| Popdex PONSUSDTshort | +0.086% | +0.0096% | 1h | $15K | $507K | 20x | |
| SoDEX PONS-USD | +0.086% | +0.0100% | 1h | $27K | $519K | 3x | as long as short |
| Phoenix PONS | +0.091% | +0.1523% | 1h | $23K | $61K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.134% | +0.0100% | 1h | $30K | $319K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.212% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |
| HTX PONS-USDT | +0.245% | +0.0100% | 4h | $62K | $498K | 20x | as long as short |