Spread before costs (cost unknown: a leg has no order-book sample)+0.451%
7d average+0.104%if it closes, per $10,000$45funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PONS | 0.5855 | 0.0100 | pay 0.0013% / 1h | 58m 55s | $58.3M | $29.9M | 3x |
| Short | ApeX Omni PONSUSDT | 0.5881 | 0.0100 | get 0.0013% / 1h | 58m 55s | $34K | $315K | 5x |
Price 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
- $45.09
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $26.09
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 6 min ago; ApeX Omni: live order book, 35 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Hyperliquid live order book, 6 min ago | 0.77 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 35 min ago | 42.26 bp | 75.0 bp −$75 | 150.3 bp −$1,503 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.PONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PONS/USD | −0.147% | L +0.0032% / S −0.0032% | 1h | $211K | — | 150x | as long as short |
| Aster PONSUSDT | −0.127% | +0.0117% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Pacifica PONS | −0.113% | +0.0157% | 1h | $46K | $115K | 3x | as long as short |
| OKX PONS-USDT-SWAP | −0.113% | +0.0174% | 4h | $13.0M | $55.5M | 20x | as long as short |
| Phemex PONSUSDT | −0.113% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Phoenix PONS | −0.097% | +0.1299% | 1h | $27K | $70K | 3x | as long as short |
| Bybit PONSUSDT | −0.096% | +0.0100% | 4h | $17.3M | $31.2M | 20x | as long as short |
| SunX PONS-USDT | −0.094% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Polymarket Perps PONS-USD | −0.087% | +0.0886% | 1h | $53K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | −0.072% | +0.0100% | 1h | $72K | $95K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex PONSUSDT | −0.061% | +0.0096% | 1h | $20K | $498K | 20x | as long as short |
| Aevo PONS-PERP | −0.051% | +0.0144% | 1h | $365 | — | 3x | as long as short |
| BloFin PONS-USDT | −0.044% | +0.0487% | 4h | $1.7M | $965K | 20x | as long as short |
| Lighter RH PONS | −0.029% | +0.0096% | 1h | $417K | $2.3M | 3x | as long as short |
| Binance PONSUSDT | −0.027% | +0.0247% | 4h | $37.9M | $99.1M | 20x | as long as short |
| Gate PONS_USDT | −0.027% | −0.0016% | 4h | $5.2M | $7.1M | 20x | as long as short |
| BingX PONS-USDT | −0.027% | +0.0252% | 4h | — | $3.2M | — | as long as short |
| Extended PONS-USD | −0.012% | +0.0248% | 1h | $87K | $535K | 5x | as long as short |
| Bitget PONSUSDT | −0.010% | +0.0146% | 4h | $4.6M | $11.5M | 20x | as long as short |
| SoDEX PONS-USD | −0.010% | +0.0100% | 1h | $27K | $536K | 3x | as long as short |
| Hyperliquid PONSlong | 0.000% | +0.0100% | 1h | $58.3M | $29.9M | 3x | |
| MEXC PONS_USDT | +0.007% | +0.0246% | 4h | $7.1M | $5.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.010% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.032% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |
| edgeX PONSUSDC | +0.073% | +0.0268% | 4h | $20K | $294K | 10x | as long as short |
| Lighter PONS | +0.079% | +0.0880% | 1h | $1.7M | $867K | 3x | as long as short |
| Injective PONS/USDC PERP | +0.142% | −0.0008% | 1h | $603 | $6K | 5.5x | as long as short |
| HTX PONS-USDT | +0.171% | +0.0100% | 4h | $63K | $503K | 20x | as long as short |
| Variational Omni PONS | +0.257% | +0.0100% | 4h | $1.2M | $4.1M | — | as long as short |
| ApeX Omni PONSUSDTshort | +0.451% | +0.0100% | 1h | $34K | $315K | 5x |
Hyperliquid PONS
ApeX Omni PONSUSDT
gTrade (Gains Network)
Aster
Pacifica
OKX
Phemex
Phoenix
Bybit
SunX
Polymarket Perps
Popdex
BloFin
Lighter RH
Binance
Gate
BingX
Extended
Bitget
SoDEX
MEXC
KuCoin
Lighter
Injective
HTX
Variational Omni