After costs, if the gap returns to its 7d average, $10k−$254
spread now−0.039%7d average+0.024%fees + slippage, in and out−$248spread needed2.477%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PONSUSDTM | 0.6357 | 0.0566 | pay 0.0283% / 4h | 1h 39m | $2.3M | $2.1M | 20x |
| Short | Popdex PONSUSDT | 0.6354 | 0.0096 | get 0.0012% / 1h | 39m 11s | $20K | $470K | 20x |
KuCoin PONSUSDTM
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
- −$3.93
- Funding while held
- −$14.1
- Slippage, 4 orders
- −$229.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$265.69
- Spread needed to break even
- 2.477%
Slippage from KuCoin: live order book, 4 min ago; Popdex: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0470%
- Per $10,000 a day
- −$14.10
- 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 KuCoin live order book, 4 min ago | 3.06 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Popdex live order book, 16 min ago | 5.67 bp | 96.4 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
gTrade (Gains Network)0.6345+10.587%BingX0.6346+10.596%OKX0.6350+10.666%Pacifica0.6352+10.696%Nado0.6353+10.718%Bybit0.6353+10.718%
Injective
gTrade (Gains Network)
BingX
OKX
Pacifica
Nado
BybitPopdex0.6354+10.735%
Gate0.6354+10.735%Binance0.6354+10.736%Polymarket Perps0.6354+10.741%Extended0.6354+10.743%MEXC0.6355+10.753%Lighter RH0.6355+10.758%Bitget0.6356+10.769%Phoenix0.6356+10.772%SoDEX0.6356+10.776%
Gate
Binance
Polymarket Perps
Extended
MEXC
Lighter RH
Bitget
Phoenix
SoDEXKuCoin0.6357+10.779%
Orderly0.6357+10.791%Phemex0.6358+10.805%BloFin0.6358+10.805%Aster0.6358+10.806%Aevo0.6359+10.814%SunX0.6359+10.821%Hyperliquid0.6360+10.833%Lighter0.6362+10.868%ApeX Omni0.6366+10.939%Variational Omni0.6373+11.066%HTX0.6375+11.098%edgeX0.6382+11.223%
Orderly
Phemex
BloFin
Aster
Aevo
SunX
Hyperliquid
Lighter
ApeX Omni
Variational Omni
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 | −9.730% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.173% | L +0.0032% / S −0.0032% | 1h | $227K | — | 150x | as long as short |
| BingX PONS-USDT | −0.165% | +0.0702% | 4h | — | $2.9M | — | as long as short |
| OKX PONS-USDT-SWAP | −0.102% | +0.0206% | 4h | $15.2M | $56.4M | 20x | as long as short |
| Pacifica PONS | −0.075% | +0.0858% | 1h | $49K | $166K | 3x | as long as short |
| Nado PONS-PERP | −0.055% | +0.0455% | 1h | $117K | $67K | 5x | as long as short |
| Bybit PONSUSDT | −0.055% | +0.0631% | 4h | $20.3M | $26.1M | 20x | as long as short |
| Popdex PONSUSDTshort | −0.039% | +0.0096% | 1h | $20K | $470K | 20x | |
| Gate PONS_USDT | −0.039% | +0.0980% | 4h | $5.7M | $7.1M | 20x | as long as short |
| Binance PONSUSDT | −0.039% | +0.0687% | 4h | $42.8M | $92.5M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps PONS-USD | −0.035% | +0.0456% | 1h | $64K | $1.7M | 3x | as long as short |
| Extended PONS-USD | −0.033% | +0.0688% | 1h | $161K | $463K | 5x | as long as short |
| MEXC PONS_USDT | −0.024% | +0.0686% | 4h | $8.1M | $4.9M | 20x | as long as short |
| Lighter RH PONS | −0.019% | +0.0344% | 1h | $452K | $2.2M | 3x | as long as short |
| Bitget PONSUSDT | −0.009% | +0.0714% | 4h | $5.0M | $10.4M | 20x | as long as short |
| Phoenix PONS | −0.006% | +0.1767% | 1h | $26K | $45K | 3x | as long as short |
| SoDEX PONS-USD | −0.003% | +0.0100% | 1h | $29K | $463K | 3x | as long as short |
| KuCoin PONSUSDTMlong | 0.000% | +0.0566% | 4h | $2.3M | $2.1M | 20x | |
| Orderly PERP_PONS_USDC_mythos | +0.011% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Phemex PONSUSDT | +0.024% | +0.0100% | 4h | $1.8M | $3.4M | 20x | as long as short |
| BloFin PONS-USDT | +0.024% | +0.0927% | 4h | $1.9M | $905K | 20x | as long as short |
| Aster PONSUSDT | +0.024% | +0.0419% | 4h | $1.1M | $2.2M | 20x | as long as short |
| Aevo PONS-PERP | +0.031% | +0.0240% | 1h | $396 | — | 3x | as long as short |
| SunX PONS-USDT | +0.038% | +0.0100% | 4h | — | $1.2M | 10x | as long as short |
| Hyperliquid PONS | +0.049% | +0.0986% | 1h | $64.5M | $25.3M | 3x | as long as short |
| Lighter PONS | +0.080% | +0.0848% | 1h | $1.8M | $729K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.145% | +0.0100% | 1h | $40K | $319K | 5x | as long as short |
| Variational Omni PONS | +0.259% | +0.0496% | 4h | $1.8M | $3.3M | — | as long as short |
| HTX PONS-USDT | +0.288% | +0.0100% | 4h | $67K | $490K | 20x | as long as short |
| edgeX PONSUSDC | +0.401% | +0.0689% | 4h | $22K | $287K | 10x | as long as short |