After costs, if the gap returns to its 7d average, $10k−$110
spread now+0.102%7d average+0.031%fees + slippage, in and out−$117spread needed1.173%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PONS-PERP | 0.5907 | 0.0272 | pay 0.0034% / 1h | 52m 33s | $112K | $71K | 5x |
| Short | Lighter RH PONS | 0.5913 | 0.0352 | get 0.0044% / 1h | 52m 33s | $423K | $2.3M | 3x |
Nado PONS-PERP
Lighter RH 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
- $10.16
- Funding while held
- $2.4
- Slippage, 4 orders
- −$117.33
- Fee Nado: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$104.77
- Spread needed to break even
- 1.173%
Slippage from Nado: live order book, 47 min ago; Lighter RH: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0080%
- Per $10,000 a day
- +$2.40
- 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 Nado live order book, 47 min ago | 16.40 bp | 50.3 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 4.99 bp | 8.5 bp −$8 | 52.3 bp −$523 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestApeX Omni0.5894+2.712%Variational Omni0.5894+2.715%Phoenix0.5894+2.722%edgeX0.5896+2.758%gTrade (Gains Network)0.5903+2.867%
Injective
ApeX Omni
Variational Omni
Phoenix
gTrade (Gains Network)Nado0.5907+2.945%
Phemex0.5907+2.945%SunX0.5908+2.961%BloFin0.5908+2.963%SoDEX0.5911+3.024%Orderly0.5912+3.032%Aster0.5912+3.034%Aevo0.5912+3.039%
Phemex
SunX
BloFin
SoDEX
Orderly
Aster
AevoLighter RH0.5913+3.050%
Gate0.5917+3.120%HTX0.5917+3.125%Lighter0.5918+3.146%Pacifica0.5922+3.213%MEXC0.5927+3.294%KuCoin0.5927+3.299%Binance0.5928+3.311%Bitget0.5929+3.327%Extended0.5929+3.336%Bybit0.5930+3.346%OKX0.5930+3.346%BingX0.5930+3.346%Hyperliquid0.5931+3.372%Polymarket Perps0.5931+3.372%Popdex0.5933+3.398%
Gate
HTX
Lighter
Pacifica
MEXC
KuCoin
Binance
Bitget
Extended
Bybit
OKX
BingX
Hyperliquid
Polymarket Perps
PopdexPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −2.861% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| ApeX Omni PONSUSDT | −0.227% | +0.0100% | 1h | $27K | $320K | 5x | as long as short |
| Variational Omni PONS | −0.224% | +0.0286% | 4h | $1.2M | $3.9M | — | as long as short |
| Phoenix PONS | −0.217% | +0.1523% | 1h | $23K | $61K | 3x | as long as short |
| edgeX PONSUSDC | −0.182% | +0.0364% | 4h | $21K | $291K | 10x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.076% | L +0.0032% / S −0.0032% | 1h | $214K | — | 150x | as long as short |
| Nado PONS-PERPlong | 0.000% | +0.0272% | 1h | $112K | $71K | 5x | |
| Phemex PONSUSDT | 0.000% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| SunX PONS-USDT | +0.015% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| BloFin PONS-USDT | +0.017% | +0.0591% | 4h | $1.7M | $963K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX PONS-USD | +0.076% | +0.0100% | 1h | $26K | $502K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.085% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Aster PONSUSDT | +0.086% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Aevo PONS-PERP | +0.091% | +0.0168% | 1h | $368 | — | 3x | as long as short |
| Lighter RH PONSshort | +0.102% | +0.0352% | 1h | $423K | $2.3M | 3x | |
| Gate PONS_USDT | +0.169% | +0.0100% | 4h | $5.3M | $7.6M | 20x | as long as short |
| HTX PONS-USDT | +0.174% | +0.0100% | 4h | $63K | $499K | 20x | as long as short |
| Lighter PONS | +0.195% | +0.0864% | 1h | $1.7M | $829K | 3x | as long as short |
| Pacifica PONS | +0.260% | +0.0285% | 1h | $49K | $119K | 3x | as long as short |
| MEXC PONS_USDT | +0.339% | +0.0350% | 4h | $7.1M | $5.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.344% | +0.0156% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Binance PONSUSDT | +0.356% | +0.0351% | 4h | $38.5M | $97.3M | 20x | as long as short |
| Bitget PONSUSDT | +0.371% | +0.0200% | 4h | $4.6M | $11.2M | 20x | as long as short |
| Extended PONS-USD | +0.380% | +0.0352% | 1h | $88K | $537K | 5x | as long as short |
| Bybit PONSUSDT | +0.389% | +0.0123% | 4h | $17.8M | $29.5M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.389% | +0.0148% | 4h | $13.1M | $55.1M | 20x | as long as short |
| BingX PONS-USDT | +0.389% | +0.0354% | 4h | — | $3.2M | — | as long as short |
| Hyperliquid PONS | +0.415% | +0.0381% | 1h | $59.4M | $28.7M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.415% | +0.0475% | 1h | $49K | $1.8M | 3x | as long as short |
| Popdex PONSUSDT | +0.440% | +0.0096% | 1h | $18K | $492K | 20x | as long as short |