After costs, if the gap returns to its 7d average, $10k−$348
spread now−0.367%7d average−0.009%fees + slippage, in and out−$313spread needed3.127%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PONS-USDT | 0.6108 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $64K | $494K | 20x |
| Short | Polymarket Perps PONS-USD | 0.6086 | 0.0579 | get 0.0072% / 1h | 22m 12s | $59K | $1.7M | 3x |
HTX PONS-USDT
Polymarket Perps PONS-USDPrice 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
- −$36.67
- Funding while held
- $14.37
- Slippage, 4 orders
- −$292.72
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$335.02
- Spread needed to break even
- 3.127%
Slippage from HTX: live order book, 23 min ago; Polymarket Perps: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0479%
- Per $10,000 a day
- +$14.37
- 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 HTX live order book, 23 min ago | 34.43 bp | 152.7 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.54 bp | 6.5 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Aster0.6078+5.922%gTrade (Gains Network)0.6079+5.951%BingX0.6083+6.013%KuCoin0.6084+6.026%SunX0.6085+6.042%Gate0.6085+6.047%Hyperliquid0.6086+6.056%Popdex0.6086+6.065%
Injective
Aster
gTrade (Gains Network)
BingX
KuCoin
SunX
Gate
Hyperliquid
PopdexPolymarket Perps0.6086+6.065%
Aevo0.6087+6.077%Nado0.6089+6.114%Pacifica0.6089+6.122%Binance0.6091+6.149%OKX0.6091+6.152%Bitget0.6091+6.157%Extended0.6091+6.159%SoDEX0.6092+6.168%Lighter RH0.6093+6.185%Bybit0.6093+6.187%MEXC0.6093+6.187%Phemex0.6093+6.187%BloFin0.6095+6.222%Orderly0.6095+6.225%Lighter0.6095+6.227%edgeX0.6107+6.431%
Aevo
Nado
Pacifica
Binance
OKX
Bitget
Extended
SoDEX
Lighter RH
Bybit
MEXC
Phemex
BloFin
Orderly
LighterHTX0.6108+6.455%
Phoenix0.6114+6.558%ApeX Omni0.6116+6.595%Variational Omni0.6121+6.668%
Phoenix
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 | −6.064% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Aster PONSUSDT | −0.501% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.474% | L +0.0032% / S −0.0031% | 1h | $219K | — | 150x | as long as short |
| BingX PONS-USDT | −0.416% | +0.0592% | 4h | — | $3.1M | — | as long as short |
| KuCoin PONSUSDTM | −0.403% | +0.0240% | 4h | $1.8M | $3.1M | 20x | as long as short |
| SunX PONS-USDT | −0.388% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Gate PONS_USDT | −0.383% | −0.0666% | 4h | $5.4M | $7.4M | 20x | as long as short |
| Hyperliquid PONS | −0.375% | +0.0487% | 1h | $61.2M | $27.2M | 3x | as long as short |
| Popdex PONSUSDT | −0.367% | +0.0096% | 1h | $19K | $473K | 20x | as long as short |
| Polymarket Perps PONS-USDshort | −0.367% | +0.0579% | 1h | $59K | $1.7M | 3x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PONS-PERP | −0.355% | +0.0200% | 1h | $379 | — | 3x | as long as short |
| Nado PONS-PERP | −0.320% | +0.0301% | 1h | $110K | $68K | 5x | as long as short |
| Pacifica PONS | −0.313% | +0.0616% | 1h | $50K | $123K | 3x | as long as short |
| Binance PONSUSDT | −0.288% | +0.0448% | 4h | $40.3M | $94.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.285% | +0.0135% | 4h | $13.9M | $54.1M | 20x | as long as short |
| Bitget PONSUSDT | −0.280% | +0.0240% | 4h | $4.7M | $10.9M | 20x | as long as short |
| Extended PONS-USD | −0.278% | +0.0448% | 1h | $89K | $546K | 5x | as long as short |
| SoDEX PONS-USD | −0.270% | +0.0100% | 1h | $27K | $467K | 3x | as long as short |
| Lighter RH PONS | −0.254% | +0.0760% | 1h | $424K | $2.3M | 3x | as long as short |
| Bybit PONSUSDT | −0.252% | +0.0326% | 4h | $18.7M | $28.1M | 20x | as long as short |
| MEXC PONS_USDT | −0.252% | +0.0456% | 4h | $7.5M | $5.1M | 20x | as long as short |
| Phemex PONSUSDT | −0.252% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| BloFin PONS-USDT | −0.219% | +0.0697% | 4h | $1.8M | $959K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.216% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Lighter PONS | −0.214% | +0.1400% | 1h | $1.8M | $784K | 3x | as long as short |
| edgeX PONSUSDC | −0.023% | +0.0494% | 4h | $21K | $291K | 10x | as long as short |
| HTX PONS-USDTlong | 0.000% | +0.0100% | 4h | $64K | $494K | 20x | |
| Phoenix PONS | +0.097% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.131% | +0.0100% | 1h | $38K | $317K | 5x | as long as short |
| Variational Omni PONS | +0.200% | +0.0418% | 4h | $1.3M | $3.8M | — | as long as short |