After costs, if the gap returns to its 7d average, $10k−$268
spread now+0.064%7d average+0.035%fees + slippage, in and out−$271spread needed2.710%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PONS_USDT | 0.6138 | 0.0492 | pay 0.0246% / 4h | 3h 46m | $7.5M | $5.0M | 20x |
| Short | SunX PONS-USDT | 0.6142 | 0.0100 | get 0.0050% / 4h | 3h 46m | — | $1.4M | 10x |
MEXC PONS_USDT
SunX 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
- $6.35
- Funding while held
- −$11.76
- Slippage, 4 orders
- −$261.01
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$276.42
- Spread needed to break even
- 2.710%
Slippage from MEXC: live order book, 3 min ago; SunX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0392%
- Per $10,000 a day
- −$11.76
- 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 MEXC live order book, 3 min ago | 6.49 bp | 11.2 bp −$11 | 17.5 bp −$175 | 334.2 bp −$33.4K | doesn't fit |
| Sell SunX live order book, 5 min ago | 105.00 bp | 125.8 bp −$126 | 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
Aevo0.6129+6.817%BingX0.6130+6.832%Aster0.6130+6.837%gTrade (Gains Network)0.6134+6.895%SoDEX0.6134+6.901%Polymarket Perps0.6135+6.910%OKX0.6135+6.919%Nado0.6135+6.920%BloFin0.6136+6.936%Variational Omni0.6136+6.937%Bitget0.6137+6.955%Pacifica0.6137+6.958%Bybit0.6138+6.971%
Injective
Aevo
BingX
Aster
gTrade (Gains Network)
SoDEX
Polymarket Perps
OKX
Nado
BloFin
Variational Omni
Bitget
Pacifica
BybitMEXC0.6138+6.971%
KuCoin0.6138+6.976%Extended0.6138+6.977%Hyperliquid0.6139+6.982%Lighter RH0.6139+6.988%Popdex0.6139+6.988%Gate0.6139+6.988%Binance0.6141+7.023%
KuCoin
Extended
Hyperliquid
Lighter RH
Popdex
Gate
BinanceSunX0.6142+7.039%
Lighter0.6144+7.083%Orderly0.6145+7.093%Phemex0.6148+7.145%Phoenix0.6149+7.165%HTX0.6153+7.238%edgeX0.6162+7.386%ApeX Omni0.6167+7.470%
Lighter
Orderly
Phemex
Phoenix
HTX
ApeX OmniPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −6.517% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Aevo PONS-PERP | −0.144% | +0.0200% | 1h | $382 | — | 3x | as long as short |
| BingX PONS-USDT | −0.130% | +0.0486% | 4h | — | $3.1M | — | as long as short |
| Aster PONSUSDT | −0.125% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.071% | L +0.0032% / S −0.0031% | 1h | $221K | — | 150x | as long as short |
| SoDEX PONS-USD | −0.065% | +0.0100% | 1h | $27K | $465K | 3x | as long as short |
| Polymarket Perps PONS-USD | −0.057% | +0.0644% | 1h | $63K | $1.8M | 3x | as long as short |
| OKX PONS-USDT-SWAP | −0.049% | +0.0147% | 4h | $14.1M | $54.1M | 20x | as long as short |
| Nado PONS-PERP | −0.047% | +0.0326% | 1h | $111K | $69K | 5x | as long as short |
| BloFin PONS-USDT | −0.033% | +0.0733% | 4h | $1.9M | $937K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PONS | −0.032% | +0.0488% | 4h | $1.6M | $3.5M | — | as long as short |
| Bitget PONSUSDT | −0.015% | +0.0306% | 4h | $4.8M | $10.8M | 20x | as long as short |
| Pacifica PONS | −0.012% | +0.0616% | 1h | $49K | $122K | 3x | as long as short |
| Bybit PONSUSDT | 0.000% | +0.0345% | 4h | $19.4M | $27.5M | 20x | as long as short |
| MEXC PONS_USDTlong | 0.000% | +0.0492% | 4h | $7.5M | $5.0M | 20x | |
| KuCoin PONSUSDTM | +0.005% | +0.0256% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Extended PONS-USD | +0.005% | +0.0488% | 1h | $92K | $533K | 5x | as long as short |
| Hyperliquid PONS | +0.010% | +0.0643% | 1h | $61.9M | $27.0M | 3x | as long as short |
| Lighter RH PONS | +0.016% | +0.0584% | 1h | $431K | $2.2M | 3x | as long as short |
| Popdex PONSUSDT | +0.016% | +0.0096% | 1h | $17K | $468K | 20x | as long as short |
| Gate PONS_USDT | +0.016% | −0.2498% | 4h | $5.5M | $7.3M | 20x | as long as short |
| Binance PONSUSDT | +0.049% | +0.0487% | 4h | $40.7M | $93.1M | 20x | as long as short |
| SunX PONS-USDTshort | +0.064% | +0.0100% | 4h | — | $1.4M | 10x | |
| Lighter PONS | +0.104% | +0.1344% | 1h | $1.8M | $772K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.114% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Phemex PONSUSDT | +0.163% | +0.0195% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Phoenix PONS | +0.181% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| HTX PONS-USDT | +0.249% | +0.0100% | 4h | $66K | $491K | 20x | as long as short |
| edgeX PONSUSDC | +0.388% | +0.0514% | 4h | $21K | $292K | 10x | as long as short |
| ApeX Omni PONSUSDT | +0.466% | +0.0100% | 1h | $36K | $315K | 5x | as long as short |