Spread before costs (cost unknown: a leg has no order-book sample)−0.227%
7d average+0.014%if it closes, per $10,000$23funding while held, a day−$11.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PONS | 0.6377 | 0.1007 | pay 0.0126% / 1h | 8m 47s | $64.9M | $25.9M | 3x |
| Short | BingX PONS-USDT | 0.6362 | 0.0638 | get 0.0319% / 4h | 1h 08m | — | $2.9M | — |
Hyperliquid PONS
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
- −$22.74
- Funding while held
- −$11.07
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.81
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 6 min ago; BingX: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0369%
- Per $10,000 a day
- −$11.07
- 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 | 1.02 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.79 bp | 11.6 bp −$12 | 30.8 bp −$308 | 182.3 bp −$18.2K | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
edgeX0.6353+10.717%gTrade (Gains Network)0.6358+10.809%
Injective
gTrade (Gains Network)BingX0.6362+10.875%
Variational Omni0.6363+10.895%ApeX Omni0.6367+10.957%SoDEX0.6367+10.964%Nado0.6368+10.979%Popdex0.6368+10.979%Aevo0.6368+10.981%Bybit0.6369+10.997%Phemex0.6369+10.997%Extended0.6369+10.998%Aster0.6369+11.005%Phoenix0.6370+11.011%Polymarket Perps0.6370+11.020%BloFin0.6371+11.032%Orderly0.6371+11.040%KuCoin0.6373+11.060%Lighter RH0.6373+11.065%Bitget0.6373+11.067%Pacifica0.6373+11.074%SunX0.6373+11.075%MEXC0.6374+11.084%Binance0.6376+11.112%Lighter0.6376+11.114%
Variational Omni
ApeX Omni
SoDEX
Nado
Popdex
Aevo
Bybit
Phemex
Extended
Aster
Phoenix
Polymarket Perps
BloFin
Orderly
KuCoin
Lighter RH
Bitget
Pacifica
SunX
MEXC
Binance
LighterHyperliquid0.6377+11.128%
HTX0.6377+11.140%OKX0.6378+11.154%Gate0.6383+11.241%
HTX
OKX
GatePONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −10.013% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| edgeX PONSUSDC | −0.370% | +0.0657% | 4h | $22K | $287K | 10x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.287% | L +0.0032% / S −0.0032% | 1h | $227K | — | 150x | as long as short |
| BingX PONS-USDTshort | −0.227% | +0.0638% | 4h | — | $2.9M | — | |
| Variational Omni PONS | −0.210% | +0.0549% | 4h | $1.9M | $3.4M | — | as long as short |
| ApeX Omni PONSUSDT | −0.154% | +0.0100% | 1h | $40K | $316K | 5x | as long as short |
| SoDEX PONS-USD | −0.147% | +0.0100% | 1h | $29K | $479K | 3x | as long as short |
| Nado PONS-PERP | −0.133% | +0.0487% | 1h | $117K | $71K | 5x | as long as short |
| Popdex PONSUSDT | −0.133% | +0.0096% | 1h | $20K | $471K | 20x | as long as short |
| Aevo PONS-PERP | −0.132% | +0.0240% | 1h | $397 | — | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PONSUSDT | −0.118% | +0.0686% | 4h | $20.5M | $26.6M | 20x | as long as short |
| Phemex PONSUSDT | −0.118% | +0.0100% | 4h | $1.8M | $3.4M | 20x | as long as short |
| Extended PONS-USD | −0.116% | +0.0640% | 1h | $161K | $470K | 5x | as long as short |
| Aster PONSUSDT | −0.110% | +0.0385% | 4h | $1.1M | $2.2M | 20x | as long as short |
| Phoenix PONS | −0.105% | +0.1767% | 1h | $26K | $45K | 3x | as long as short |
| Polymarket Perps PONS-USD | −0.097% | +0.0531% | 1h | $82K | $1.8M | 3x | as long as short |
| BloFin PONS-USDT | −0.086% | +0.0881% | 4h | $1.9M | $916K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.078% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| KuCoin PONSUSDTM | −0.061% | +0.0580% | 4h | $1.9M | $2.8M | 20x | as long as short |
| Lighter RH PONS | −0.056% | +0.0352% | 1h | $440K | $2.2M | 3x | as long as short |
| Bitget PONSUSDT | −0.055% | +0.0620% | 4h | $5.0M | $10.6M | 20x | as long as short |
| Pacifica PONS | −0.048% | +0.0858% | 1h | $49K | $166K | 3x | as long as short |
| SunX PONS-USDT | −0.047% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| MEXC PONS_USDT | −0.039% | +0.0640% | 4h | $8.2M | $5.0M | 20x | as long as short |
| Binance PONSUSDT | −0.014% | +0.0641% | 4h | $42.9M | $93.3M | 20x | as long as short |
| Lighter PONS | −0.013% | +0.0896% | 1h | $1.8M | $735K | 3x | as long as short |
| Hyperliquid PONSlong | 0.000% | +0.1007% | 1h | $64.9M | $25.9M | 3x | |
| HTX PONS-USDT | +0.011% | +0.0100% | 4h | $67K | $493K | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.024% | +0.0192% | 4h | $15.1M | $57.3M | 20x | as long as short |
| Gate PONS_USDT | +0.102% | +0.0562% | 4h | $5.7M | $7.3M | 20x | as long as short |