Spread before costs (cost unknown: a leg has no order-book sample)+0.033%
7d average—if it closes, per $10,000$3funding while held, a day−$17.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PONS-PERP | 0.6339 | 0.0695 | pay 0.0087% / 1h | 45m 24s | $116K | $66K | 5x |
| Short | Orderly PERP_PONS_USDC_mythos | 0.6341 | 0.0100 | get 0.0050% / 4h | 45m 24s | $2K | $2K | 10x |
Nado PONS-PERP
Orderly PERP_PONS_USDC_mythosPrice 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
- $3.28
- Funding while held
- −$17.86
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.58
- Spread needed to break even
- 0.060%
Slippage unknown: Nado: live order book, 65 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0595%
- Per $10,000 a day
- −$17.86
- 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, 65 min ago | 13.93 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
edgeX0.6318+10.101%ApeX Omni0.6321+10.166%BingX0.6325+10.230%Bybit0.6326+10.247%OKX0.6326+10.247%gTrade (Gains Network)0.6327+10.268%Bitget0.6329+10.293%Popdex0.6330+10.317%MEXC0.6331+10.335%SoDEX0.6331+10.335%Gate0.6332+10.352%BloFin0.6332+10.352%KuCoin0.6332+10.361%Extended0.6333+10.363%Polymarket Perps0.6333+10.368%Binance0.6333+10.369%Phemex0.6333+10.369%SunX0.6335+10.401%Aevo0.6335+10.404%Aster0.6335+10.404%Lighter0.6336+10.417%Hyperliquid0.6338+10.453%
Injective
ApeX Omni
BingX
Bybit
OKX
gTrade (Gains Network)
Bitget
Popdex
MEXC
SoDEX
Gate
BloFin
KuCoin
Extended
Polymarket Perps
Binance
Phemex
SunX
Aevo
Aster
Lighter
HyperliquidNado0.6339+10.480%
Orderly0.6341+10.516%
HTX0.6341+10.516%Pacifica0.6347+10.607%Lighter RH0.6352+10.699%Variational Omni0.6353+10.723%Phoenix0.6365+10.931%
HTX
Pacifica
Lighter RH
Variational Omni
PhoenixPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −9.486% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| edgeX PONSUSDC | −0.343% | +0.0634% | 4h | $21K | $290K | 10x | as long as short |
| ApeX Omni PONSUSDT | −0.284% | +0.0100% | 1h | $40K | $317K | 5x | as long as short |
| BingX PONS-USDT | −0.226% | +0.0716% | 4h | — | $2.9M | — | as long as short |
| Bybit PONSUSDT | −0.210% | +0.0763% | 4h | $20.5M | $26.9M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.210% | +0.0168% | 4h | $15.0M | $55.9M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.192% | L +0.0032% / S −0.0031% | 1h | $228K | — | 150x | as long as short |
| Bitget PONSUSDT | −0.169% | +0.0546% | 4h | $5.0M | $10.8M | 20x | as long as short |
| Popdex PONSUSDT | −0.147% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| MEXC PONS_USDT | −0.131% | +0.0602% | 4h | $8.3M | $4.9M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX PONS-USD | −0.131% | +0.0100% | 1h | $28K | $482K | 3x | as long as short |
| Gate PONS_USDT | −0.115% | +0.0100% | 4h | $5.7M | $6.9M | 20x | as long as short |
| BloFin PONS-USDT | −0.115% | +0.0846% | 4h | $1.9M | $923K | 20x | as long as short |
| KuCoin PONSUSDTM | −0.108% | +0.0504% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Extended PONS-USD | −0.105% | +0.0624% | 1h | $95K | $537K | 5x | as long as short |
| Polymarket Perps PONS-USD | −0.101% | +0.0604% | 1h | $76K | $1.8M | 3x | as long as short |
| Binance PONSUSDT | −0.100% | +0.0625% | 4h | $42.6M | $93.4M | 20x | as long as short |
| Phemex PONSUSDT | −0.100% | +0.0100% | 4h | $1.8M | $3.3M | 20x | as long as short |
| SunX PONS-USDT | −0.071% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| Aevo PONS-PERP | −0.068% | +0.0232% | 1h | $395 | — | 3x | as long as short |
| Aster PONSUSDT | −0.068% | +0.0409% | 4h | $1.1M | $2.2M | 20x | as long as short |
| Lighter PONS | −0.057% | +0.1032% | 1h | $1.8M | $714K | 3x | as long as short |
| Hyperliquid PONS | −0.024% | +0.1138% | 1h | $64.7M | $26.1M | 3x | as long as short |
| Nado PONS-PERPlong | 0.000% | +0.0695% | 1h | $116K | $66K | 5x | |
| Orderly PERP_PONS_USDC_mythosshort | +0.033% | +0.0100% | 4h | $2K | $2K | 10x | |
| HTX PONS-USDT | +0.033% | +0.0100% | 4h | $66K | $494K | 20x | as long as short |
| Pacifica PONS | +0.115% | +0.0472% | 1h | $48K | $166K | 3x | as long as short |
| Lighter RH PONS | +0.198% | +0.0440% | 1h | $437K | $2.2M | 3x | as long as short |
| Variational Omni PONS | +0.220% | +0.0612% | 4h | $1.8M | $3.4M | — | as long as short |
| Phoenix PONS | +0.408% | +0.1489% | 1h | $26K | $51K | 3x | as long as short |