After costs, if the gap returns to its 7d average, $10k−$24
spread now+0.082%7d average+0.020%fees + slippage, in and out−$30spread needed0.299%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH PONS | 0.6377 | 0.0376 | pay 0.0047% / 1h | 42m 02s | $454K | $2.2M | 3x |
| Short | Lighter PONS | 0.6382 | 0.0968 | get 0.0121% / 1h | 42m 02s | $1.8M | $729K | 3x |
Lighter RH PONS
Lighter PONSPrice 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
- $8.15
- Funding while held
- $17.76
- Slippage, 4 orders
- −$29.86
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$3.95
- Spread needed to break even
- 0.299%
Slippage from Lighter RH: live order book, 2 min ago; Lighter: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0592%
- Per $10,000 a day
- +$17.76
- 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 Lighter RH live order book, 2 min ago | 4.48 bp | 8.3 bp −$8 | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 6.06 bp | 6.1 bp −$6 | 10.7 bp −$107 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Variational Omni0.6347+10.610%gTrade (Gains Network)0.6365+10.927%BloFin0.6366+10.945%edgeX0.6370+11.012%Gate0.6370+11.014%BingX0.6371+11.032%Phemex0.6371+11.032%ApeX Omni0.6373+11.060%Aevo0.6373+11.062%Aster0.6373+11.072%OKX0.6374+11.084%Phoenix0.6374+11.093%Orderly0.6375+11.103%Pacifica0.6375+11.107%Extended0.6376+11.119%KuCoin0.6377+11.128%
Injective
Variational Omni
gTrade (Gains Network)
BloFin
Gate
BingX
Phemex
ApeX Omni
Aevo
Aster
OKX
Phoenix
Orderly
Pacifica
Extended
KuCoinLighter RH0.6377+11.138%
Bybit0.6378+11.154%MEXC0.6378+11.154%Nado0.6379+11.171%SunX0.6380+11.187%Polymarket Perps0.6380+11.190%SoDEX0.6380+11.196%Bitget0.6381+11.201%Hyperliquid0.6381+11.209%Binance0.6382+11.223%Popdex0.6382+11.223%
Bybit
MEXC
Nado
SunX
Polymarket Perps
SoDEX
Bitget
Hyperliquid
Binance
PopdexLighter0.6382+11.229%
HTX0.6388+11.335%
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 | −10.022% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| Variational Omni PONS | −0.475% | +0.0527% | 4h | $1.8M | $3.3M | — | as long as short |
| gTrade (Gains Network) PONS/USD | −0.190% | L +0.0032% / S −0.0032% | 1h | $227K | — | 150x | as long as short |
| BloFin PONS-USDT | −0.174% | +0.0927% | 4h | $1.9M | $908K | 20x | as long as short |
| edgeX PONSUSDC | −0.113% | +0.0693% | 4h | $22K | $289K | 10x | as long as short |
| Gate PONS_USDT | −0.111% | +0.1026% | 4h | $5.7M | $7.1M | 20x | as long as short |
| BingX PONS-USDT | −0.096% | +0.0718% | 4h | — | $2.9M | — | as long as short |
| Phemex PONSUSDT | −0.096% | +0.0100% | 4h | $1.8M | $3.4M | 20x | as long as short |
| ApeX Omni PONSUSDT | −0.071% | +0.0100% | 1h | $40K | $319K | 5x | as long as short |
| Aevo PONS-PERP | −0.069% | +0.0256% | 1h | $397 | — | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster PONSUSDT | −0.060% | +0.0415% | 4h | $1.1M | $2.2M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.049% | +0.0217% | 4h | $15.2M | $56.7M | 20x | as long as short |
| Phoenix PONS | −0.041% | +0.1767% | 1h | $26K | $45K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.031% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Pacifica PONS | −0.028% | +0.0858% | 1h | $49K | $176K | 3x | as long as short |
| Extended PONS-USD | −0.017% | +0.0688% | 1h | $161K | $464K | 5x | as long as short |
| KuCoin PONSUSDTM | −0.009% | +0.0568% | 4h | $2.3M | $2.1M | 20x | as long as short |
| Lighter RH PONSlong | 0.000% | +0.0376% | 1h | $454K | $2.2M | 3x | |
| Bybit PONSUSDT | +0.014% | +0.0632% | 4h | $20.4M | $26.1M | 20x | as long as short |
| MEXC PONS_USDT | +0.014% | +0.0686% | 4h | $8.2M | $4.8M | 20x | as long as short |
| Nado PONS-PERP | +0.030% | +0.0524% | 1h | $117K | $67K | 5x | as long as short |
| SunX PONS-USDT | +0.044% | +0.0100% | 4h | — | $1.2M | 10x | as long as short |
| Polymarket Perps PONS-USD | +0.047% | +0.0466% | 1h | $64K | $1.7M | 3x | as long as short |
| SoDEX PONS-USD | +0.052% | +0.0100% | 1h | $29K | $463K | 3x | as long as short |
| Bitget PONSUSDT | +0.056% | +0.0728% | 4h | $5.1M | $10.4M | 20x | as long as short |
| Hyperliquid PONS | +0.064% | +0.0997% | 1h | $64.7M | $25.4M | 3x | as long as short |
| Binance PONSUSDT | +0.077% | +0.0687% | 4h | $43.0M | $92.5M | 20x | as long as short |
| Popdex PONSUSDT | +0.077% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| Lighter PONSshort | +0.082% | +0.0968% | 1h | $1.8M | $729K | 3x | |
| HTX PONS-USDT | +0.177% | +0.0100% | 4h | $67K | $493K | 20x | as long as short |