Spread before costs (cost unknown: a leg has no order-book sample)−0.229%
7d average−0.041%if it closes, per $10,000$23funding while held, a day+$2.23
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PONS | 0.5851 | 0.0100 | pay 0.0013% / 1h | 58m 45s | $58.2M | $29.9M | 3x |
| Short | OKX PONS-USDT-SWAP | 0.5838 | 0.0174 | get 0.0087% / 4h | 58m 45s | $13.0M | $55.4M | 20x |
Hyperliquid PONS
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
- −$22.9
- Funding while held
- $2.23
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$39.67
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 6 min ago; OKX: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0074%
- Per $10,000 a day
- +$2.23
- 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 OKX live order book, 1 min ago | 1.71 bp | 10.6 bp −$11 | 25.1 bp −$251 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.OKX0.5838cheapest
Bybit0.5842+0.069%gTrade (Gains Network)0.5846+0.137%Aster0.5847+0.147%Phemex0.5848+0.171%Pacifica0.5848+0.174%Phoenix0.5849+0.187%Binance0.5849+0.188%SunX0.5849+0.190%Polymarket Perps0.5849+0.197%Nado0.5850+0.212%Popdex0.5851+0.223%
Bybit
gTrade (Gains Network)
Aster
Phemex
Pacifica
Phoenix
Binance
SunX
Polymarket Perps
Nado
PopdexHyperliquid0.5851+0.230%
Aevo0.5852+0.233%BloFin0.5852+0.240%Lighter RH0.5853+0.254%Gate0.5853+0.257%BingX0.5853+0.257%Bitget0.5854+0.266%Extended0.5854+0.273%SoDEX0.5854+0.274%MEXC0.5855+0.291%KuCoin0.5855+0.295%Lighter0.5856+0.307%Orderly0.5857+0.317%edgeX0.5859+0.358%Injective0.5863+0.427%HTX0.5865+0.456%Variational Omni0.5870+0.542%ApeX Omni0.5881+0.737%
Aevo
BloFin
Lighter RH
Gate
BingX
Bitget
Extended
SoDEX
MEXC
KuCoin
Lighter
Orderly
Injective
HTX
Variational Omni
ApeX OmniPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX PONS-USDT-SWAPshort | −0.229% | +0.0174% | 4h | $13.0M | $55.4M | 20x | |
| Bybit PONSUSDT | −0.161% | +0.0100% | 4h | $17.3M | $31.2M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.093% | L +0.0032% / S −0.0032% | 1h | $211K | — | 150x | as long as short |
| Aster PONSUSDT | −0.082% | +0.0115% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Phemex PONSUSDT | −0.058% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Pacifica PONS | −0.055% | +0.0150% | 1h | $46K | $115K | 3x | as long as short |
| Phoenix PONS | −0.043% | +0.1299% | 1h | $27K | $70K | 3x | as long as short |
| Binance PONSUSDT | −0.041% | +0.0241% | 4h | $37.9M | $99.1M | 20x | as long as short |
| SunX PONS-USDT | −0.039% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Polymarket Perps PONS-USD | −0.032% | +0.0886% | 1h | $53K | $1.8M | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PONS-PERP | −0.017% | +0.0100% | 1h | $72K | $95K | 5x | as long as short |
| Popdex PONSUSDT | −0.007% | +0.0096% | 1h | $20K | $498K | 20x | as long as short |
| Hyperliquid PONSlong | 0.000% | +0.0100% | 1h | $58.2M | $29.9M | 3x | |
| Aevo PONS-PERP | +0.003% | +0.0144% | 1h | $365 | — | 3x | as long as short |
| BloFin PONS-USDT | +0.010% | +0.0487% | 4h | $1.7M | $965K | 20x | as long as short |
| Lighter RH PONS | +0.024% | +0.0096% | 1h | $417K | $2.3M | 3x | 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 |
| Bitget PONSUSDT | +0.036% | +0.0146% | 4h | $4.6M | $11.5M | 20x | as long as short |
| Extended PONS-USD | +0.043% | +0.0248% | 1h | $87K | $535K | 5x | as long as short |
| SoDEX PONS-USD | +0.044% | +0.0100% | 1h | $27K | $536K | 3x | as long as short |
| MEXC PONS_USDT | +0.062% | +0.0246% | 4h | $7.1M | $5.2M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.065% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
| Lighter PONS | +0.077% | +0.0488% | 1h | $1.7M | $867K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.087% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |
| edgeX PONSUSDC | +0.128% | +0.0268% | 4h | $20K | $294K | 10x | as long as short |
| Injective PONS/USDC PERP | +0.197% | −0.0008% | 1h | $603 | $6K | 5.5x | as long as short |
| HTX PONS-USDT | +0.226% | +0.0100% | 4h | $63K | $503K | 20x | as long as short |
| Variational Omni PONS | +0.312% | +0.0100% | 4h | $1.2M | $4.1M | — | as long as short |
| ApeX Omni PONSUSDT | +0.506% | +0.0100% | 1h | $34K | $315K | 5x | as long as short |