After costs, if the gap returns to its 7d average, $10k+$8
spread now+0.565%7d average−0.003%fees + slippage, in and out−$49spread needed0.487%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PONS_USDT | 0.6151 | 0.0494 | pay 0.0247% / 4h | 3h 50m | $7.5M | $5.0M | 20x |
| Short | edgeX PONSUSDC | 0.6186 | 0.0542 | get 0.0271% / 4h | 3h 50m | $21K | $291K | 10x |
MEXC 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
- $56.51
- Funding while held
- $1.44
- Slippage, 4 orders
- −$39.7
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $9.24
- Spread needed to break even
- 0.487%
Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 59 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- 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, 4 min ago | 1.61 bp | 3.7 bp −$4 | 10.8 bp −$108 | 362.5 bp −$36.2K | doesn't fit |
| Sell edgeX live order book, 59 min ago | 11.88 bp | 20.2 bp −$20 | 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
Variational Omni0.6136+6.937%Aster0.6137+6.954%Nado0.6137+6.961%Polymarket Perps0.6140+7.008%Binance0.6141+7.020%BloFin0.6141+7.023%KuCoin0.6145+7.086%BingX0.6145+7.093%Hyperliquid0.6146+7.116%HTX0.6147+7.126%Gate0.6148+7.145%gTrade (Gains Network)0.6148+7.147%Extended0.6148+7.151%SunX0.6148+7.152%Pacifica0.6149+7.165%Lighter RH0.6149+7.171%Bitget0.6150+7.180%OKX0.6151+7.198%
Injective
Variational Omni
Aster
Nado
Polymarket Perps
Binance
BloFin
KuCoin
BingX
Hyperliquid
HTX
Gate
gTrade (Gains Network)
Extended
SunX
Pacifica
Lighter RH
Bitget
OKXMEXC0.6151+7.198%
Aevo0.6151+7.206%Orderly0.6152+7.210%Bybit0.6152+7.215%Popdex0.6153+7.232%Lighter0.6155+7.271%Phemex0.6156+7.285%Phoenix0.6179+7.691%ApeX Omni0.6183+7.755%SoDEX0.6187+7.827%
Aevo
Orderly
Bybit
Popdex
Lighter
Phemex
Phoenix
ApeX Omni
SoDEXPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −6.714% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Variational Omni PONS | −0.244% | +0.0488% | 4h | $1.6M | $3.5M | — | as long as short |
| Aster PONSUSDT | −0.228% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Nado PONS-PERP | −0.221% | +0.0407% | 1h | $111K | $68K | 5x | as long as short |
| Polymarket Perps PONS-USD | −0.177% | +0.0639% | 1h | $63K | $1.8M | 3x | as long as short |
| Binance PONSUSDT | −0.165% | +0.0495% | 4h | $40.8M | $93.1M | 20x | as long as short |
| BloFin PONS-USDT | −0.163% | +0.0735% | 4h | $1.8M | $939K | 20x | as long as short |
| KuCoin PONSUSDTM | −0.104% | +0.0262% | 4h | $1.8M | $3.1M | 20x | as long as short |
| BingX PONS-USDT | −0.098% | +0.0498% | 4h | — | $3.1M | — | as long as short |
| Hyperliquid PONS | −0.076% | +0.0695% | 1h | $62.1M | $26.9M | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX PONS-USDT | −0.067% | +0.0100% | 4h | $65K | $491K | 20x | as long as short |
| Gate PONS_USDT | −0.049% | −0.2600% | 4h | $5.5M | $7.3M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.047% | L +0.0032% / S −0.0031% | 1h | $222K | — | 150x | as long as short |
| Extended PONS-USD | −0.043% | +0.0496% | 1h | $92K | $533K | 5x | as long as short |
| SunX PONS-USDT | −0.042% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Pacifica PONS | −0.030% | +0.0616% | 1h | $49K | $126K | 3x | as long as short |
| Lighter RH PONS | −0.024% | +0.0600% | 1h | $431K | $2.2M | 3x | as long as short |
| Bitget PONSUSDT | −0.016% | +0.0316% | 4h | $4.8M | $10.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | 0.000% | +0.0133% | 4h | $14.1M | $54.3M | 20x | as long as short |
| MEXC PONS_USDTlong | 0.000% | +0.0494% | 4h | $7.5M | $5.0M | 20x | |
| Aevo PONS-PERP | +0.008% | +0.0208% | 1h | $383 | — | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.011% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Bybit PONSUSDT | +0.016% | +0.0289% | 4h | $19.5M | $27.4M | 20x | as long as short |
| Popdex PONSUSDT | +0.033% | +0.0096% | 1h | $13K | $463K | 20x | as long as short |
| Lighter PONS | +0.068% | +0.1368% | 1h | $1.8M | $770K | 3x | as long as short |
| Phemex PONSUSDT | +0.081% | +0.2021% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Phoenix PONS | +0.460% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.520% | +0.0100% | 1h | $39K | $314K | 5x | as long as short |
| edgeX PONSUSDCshort | +0.565% | +0.0542% | 4h | $21K | $291K | 10x | |
| SoDEX PONS-USD | +0.587% | +0.0100% | 1h | $28K | $462K | 3x | as long as short |