Spread before costs (cost unknown: a leg has no order-book sample)+1.852%
7d average+0.023%if it closes, per $10,000$185funding while held, a day−$0.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PONS_USDT | 0.5979 | 0.0428 | pay 0.0214% / 4h | 3h 18m | $7.2M | $5.2M | 20x |
| Short | Variational Omni PONS | 0.6090 | 0.0403 | get 0.0201% / 4h | 3h 18m | $1.3M | $3.7M | — |
MEXC PONS_USDT
Variational Omni 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
- $185.17
- Funding while held
- −$0.75
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $184.42
- Spread needed to break even
- 0.000%
Slippage unknown: MEXC: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0025%
- Per $10,000 a day
- −$0.75
- 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 | 1.67 bp | 4.3 bp −$4 | 11.6 bp −$116 | 326.4 bp −$32.6K | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.93 bp | doesn't fit | 32.9 bp −$329 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestSoDEX0.5957+3.808%Aevo0.5964+3.939%BloFin0.5965+3.956%Orderly0.5968+4.007%Aster0.5968+4.010%gTrade (Gains Network)0.5969+4.034%SunX0.5970+4.045%Gate0.5971+4.061%Nado0.5971+4.063%KuCoin0.5975+4.127%OKX0.5975+4.130%BingX0.5975+4.130%Binance0.5975+4.131%Hyperliquid0.5975+4.132%Lighter RH0.5975+4.137%Bitget0.5976+4.146%Bybit0.5976+4.148%Pacifica0.5976+4.153%Polymarket Perps0.5977+4.157%Phemex0.5977+4.165%Extended0.5978+4.190%Popdex0.5979+4.200%
Injective
SoDEX
Aevo
BloFin
Orderly
Aster
gTrade (Gains Network)
SunX
Gate
Nado
KuCoin
OKX
BingX
Binance
Hyperliquid
Lighter RH
Bitget
Bybit
Pacifica
Polymarket Perps
Phemex
Extended
PopdexMEXC0.5979+4.200%
HTX0.5979+4.204%Lighter0.5981+4.230%Phoenix0.5990+4.387%ApeX Omni0.6066+5.711%edgeX0.6089+6.109%
HTX
Lighter
Phoenix
ApeX OmniVariational Omni0.6090+6.130%
PONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −4.031% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| SoDEX PONS-USD | −0.376% | +0.0100% | 1h | $27K | $501K | 3x | as long as short |
| Aevo PONS-PERP | −0.251% | +0.0192% | 1h | $372 | — | 3x | as long as short |
| BloFin PONS-USDT | −0.234% | +0.0669% | 4h | $1.8M | $963K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.186% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Aster PONSUSDT | −0.182% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.160% | L +0.0032% / S −0.0031% | 1h | $216K | — | 150x | as long as short |
| SunX PONS-USDT | −0.149% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Gate PONS_USDT | −0.134% | −0.0768% | 4h | $5.4M | $7.6M | 20x | as long as short |
| Nado PONS-PERP | −0.132% | +0.0303% | 1h | $108K | $68K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin PONSUSDTM | −0.070% | +0.0196% | 4h | $1.7M | $3.2M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.067% | +0.0138% | 4h | $13.4M | $54.2M | 20x | as long as short |
| BingX PONS-USDT | −0.067% | +0.0434% | 4h | — | $3.2M | — | as long as short |
| Binance PONSUSDT | −0.067% | +0.0393% | 4h | $39.3M | $96.1M | 20x | as long as short |
| Hyperliquid PONS | −0.065% | +0.0452% | 1h | $59.8M | $28.0M | 3x | as long as short |
| Lighter RH PONS | −0.060% | +0.0744% | 1h | $415K | $2.3M | 3x | as long as short |
| Bitget PONSUSDT | −0.052% | +0.0230% | 4h | $4.6M | $11.0M | 20x | as long as short |
| Bybit PONSUSDT | −0.050% | +0.0161% | 4h | $18.3M | $29.0M | 20x | as long as short |
| Pacifica PONS | −0.045% | +0.0616% | 1h | $49K | $123K | 3x | as long as short |
| Polymarket Perps PONS-USD | −0.042% | +0.0510% | 1h | $52K | $1.8M | 3x | as long as short |
| Phemex PONSUSDT | −0.033% | +0.0569% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Extended PONS-USD | −0.009% | +0.0432% | 1h | $89K | $546K | 5x | as long as short |
| Popdex PONSUSDT | 0.000% | +0.0096% | 1h | $18K | $492K | 20x | as long as short |
| MEXC PONS_USDTlong | 0.000% | +0.0428% | 4h | $7.2M | $5.2M | 20x | |
| HTX PONS-USDT | +0.003% | +0.0100% | 4h | $63K | $495K | 20x | as long as short |
| Lighter PONS | +0.028% | +0.1288% | 1h | $1.7M | $788K | 3x | as long as short |
| Phoenix PONS | +0.179% | +0.1528% | 1h | $24K | $61K | 3x | as long as short |
| ApeX Omni PONSUSDT | +1.450% | +0.0100% | 1h | $38K | $317K | 5x | as long as short |
| edgeX PONSUSDC | +1.832% | +0.0465% | 4h | $21K | $292K | 10x | as long as short |
| Variational Omni PONSshort | +1.852% | +0.0403% | 4h | $1.3M | $3.7M | — |