After costs, if the gap returns to its 7d average, $10k−$165
spread now−0.203%7d average+0.110%fees + slippage, in and out−$133spread needed1.333%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PONS_USDT | 0.5855 | 0.0242 | pay 0.0121% / 4h | 1h 13m | $7.1M | $5.4M | 20x |
| Short | ApeX Omni PONSUSDT | 0.5843 | 0.0100 | get 0.0013% / 1h | 13m 14s | $34K | $316K | 5x |
MEXC PONS_USDT
ApeX Omni 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
- −$20.32
- Funding while held
- −$4.26
- Slippage, 4 orders
- −$123.25
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$157.84
- Spread needed to break even
- 1.333%
Slippage from MEXC: live order book, 1 min ago; ApeX Omni: live order book, 21 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0142%
- Per $10,000 a day
- −$4.26
- 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 MEXC live order book, 1 min ago | 0.85 bp | 5.2 bp −$5 | 14.1 bp −$141 | 375.5 bp −$37.5K | doesn't fit |
| Sell ApeX Omni live order book, 21 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.Injective0.5738cheapestVariational Omni0.5835+1.694%Phoenix0.5840+1.778%Aster0.5840+1.779%
Injective
Variational Omni
Phoenix
AsterApeX Omni0.5843+1.832%
SunX0.5847+1.901%gTrade (Gains Network)0.5848+1.916%Pacifica0.5849+1.931%Phemex0.5850+1.952%KuCoin0.5851+1.966%Bybit0.5852+1.987%Gate0.5852+1.987%edgeX0.5853+2.000%Lighter RH0.5853+2.002%OKX0.5853+2.004%SoDEX0.5853+2.006%Popdex0.5854+2.022%Aevo0.5854+2.022%Extended0.5855+2.037%Binance0.5855+2.039%
SunX
gTrade (Gains Network)
Pacifica
Phemex
KuCoin
Bybit
Gate
Lighter RH
OKX
SoDEX
Popdex
Aevo
Extended
BinanceMEXC0.5855+2.039%
HTX0.5855+2.039%Hyperliquid0.5856+2.058%Polymarket Perps0.5857+2.065%Nado0.5857+2.074%BingX0.5857+2.074%Bitget0.5857+2.083%BloFin0.5859+2.109%Lighter0.5860+2.123%Orderly0.5861+2.142%
HTX
Hyperliquid
Polymarket Perps
Nado
BingX
Bitget
BloFin
Lighter
OrderlyPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −1.998% | +0.0033% | 1h | $590 | $3K | 5.5x | as long as short |
| Variational Omni PONS | −0.338% | +0.0100% | 4h | $1.2M | $4.2M | — | as long as short |
| Phoenix PONS | −0.256% | +0.1299% | 1h | $27K | $70K | 3x | as long as short |
| Aster PONSUSDT | −0.255% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| ApeX Omni PONSUSDTshort | −0.203% | +0.0100% | 1h | $34K | $316K | 5x | |
| SunX PONS-USDT | −0.135% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.121% | L +0.0032% / S −0.0032% | 1h | $211K | — | 150x | as long as short |
| Pacifica PONS | −0.106% | +0.0157% | 1h | $46K | $116K | 3x | as long as short |
| Phemex PONSUSDT | −0.085% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | −0.072% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PONSUSDT | −0.051% | +0.0100% | 4h | $17.2M | $31.3M | 20x | as long as short |
| Gate PONS_USDT | −0.051% | −0.0090% | 4h | $5.2M | $7.3M | 20x | as long as short |
| edgeX PONSUSDC | −0.038% | +0.0261% | 4h | $20K | $293K | 10x | as long as short |
| Lighter RH PONS | −0.036% | +0.0120% | 1h | $419K | $2.4M | 3x | as long as short |
| OKX PONS-USDT-SWAP | −0.034% | +0.0188% | 4h | $13.0M | $55.6M | 20x | as long as short |
| SoDEX PONS-USD | −0.032% | +0.0100% | 1h | $27K | $534K | 3x | as long as short |
| Popdex PONSUSDT | −0.017% | +0.0096% | 1h | $20K | $513K | 20x | as long as short |
| Aevo PONS-PERP | −0.017% | +0.0144% | 1h | $365 | — | 3x | as long as short |
| Extended PONS-USD | −0.002% | +0.0240% | 1h | $87K | $540K | 5x | as long as short |
| Binance PONSUSDT | 0.000% | +0.0243% | 4h | $37.8M | $99.3M | 20x | as long as short |
| MEXC PONS_USDTlong | 0.000% | +0.0242% | 4h | $7.1M | $5.4M | 20x | |
| HTX PONS-USDT | 0.000% | +0.0100% | 4h | $62K | $500K | 20x | as long as short |
| Hyperliquid PONS | +0.019% | +0.0100% | 1h | $58.3M | $29.9M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.026% | +0.0438% | 1h | $65K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | +0.034% | +0.0100% | 1h | $72K | $95K | 5x | as long as short |
| BingX PONS-USDT | +0.034% | +0.0258% | 4h | — | $3.2M | — | as long as short |
| Bitget PONSUSDT | +0.043% | +0.0148% | 4h | $4.6M | $11.6M | 20x | as long as short |
| BloFin PONS-USDT | +0.068% | +0.0483% | 4h | $1.7M | $968K | 20x | as long as short |
| Lighter PONS | +0.082% | +0.0936% | 1h | $1.7M | $871K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.101% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |