After costs, if the gap returns to its 7d average, $10k−$58
spread now−0.016%7d average+0.054%fees + slippage, in and out−$51spread needed0.514%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PONS-USDT-SWAP | 0.6368 | 0.0179 | pay 0.0089% / 4h | 52m 07s | $15.1M | $56.2M | 20x |
| Short | Binance PONSUSDT | 0.6367 | 0.0625 | get 0.0313% / 4h | 52m 07s | $42.7M | $93.1M | 20x |
OKX PONS-USDT-SWAP
Binance PONSUSDTPrice 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
- −$1.57
- Funding while held
- $13.39
- Slippage, 4 orders
- −$31.36
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.54
- Spread needed to break even
- 0.514%
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0446%
- Per $10,000 a day
- +$13.39
- 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 OKX live order book, 3 min ago | 0.79 bp | 13.2 bp −$13 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.79 bp | 14.9 bp −$15 | 52.8 bp −$528 | 271.3 bp −$27.1K | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Phoenix0.6343+10.549%Variational Omni0.6352+10.692%edgeX0.6359+10.829%ApeX Omni0.6360+10.837%BingX0.6362+10.875%BloFin0.6362+10.875%gTrade (Gains Network)0.6363+10.889%KuCoin0.6364+10.906%
Injective
Phoenix
Variational Omni
ApeX Omni
BingX
BloFin
gTrade (Gains Network)
KuCoinBinance0.6367+10.962%
Gate0.6367+10.962%Bybit0.6368+10.979%
Gate
BybitOKX0.6368+10.979%
Pacifica0.6369+10.993%Bitget0.6370+11.006%MEXC0.6370+11.014%Phemex0.6370+11.014%Aster0.6371+11.026%Lighter RH0.6371+11.040%Aevo0.6372+11.048%Extended0.6372+11.057%HTX0.6373+11.067%SoDEX0.6373+11.070%Lighter0.6374+11.087%Hyperliquid0.6374+11.089%Polymarket Perps0.6374+11.089%Nado0.6375+11.102%Orderly0.6376+11.115%Popdex0.6376+11.119%SunX0.6378+11.145%
Pacifica
Bitget
MEXC
Phemex
Aster
Lighter RH
Aevo
Extended
HTX
SoDEX
Lighter
Hyperliquid
Polymarket Perps
Nado
Orderly
Popdex
SunXPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −9.893% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| Phoenix PONS | −0.388% | +0.1489% | 1h | $26K | $51K | 3x | as long as short |
| Variational Omni PONS | −0.259% | +0.0573% | 4h | $1.8M | $3.4M | — | as long as short |
| edgeX PONSUSDC | −0.135% | +0.0628% | 4h | $22K | $288K | 10x | as long as short |
| ApeX Omni PONSUSDT | −0.129% | +0.0100% | 1h | $40K | $317K | 5x | as long as short |
| BingX PONS-USDT | −0.094% | +0.0710% | 4h | — | $2.9M | — | as long as short |
| BloFin PONS-USDT | −0.094% | +0.0867% | 4h | $1.9M | $925K | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.082% | L +0.0032% / S −0.0031% | 1h | $229K | — | 150x | as long as short |
| KuCoin PONSUSDTM | −0.066% | +0.0550% | 4h | $1.9M | $2.9M | 20x | as long as short |
| Binance PONSUSDTshort | −0.016% | +0.0625% | 4h | $42.7M | $93.1M | 20x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PONS_USDT | −0.016% | +0.0224% | 4h | $5.7M | $6.8M | 20x | as long as short |
| Bybit PONSUSDT | 0.000% | +0.0754% | 4h | $20.7M | $26.8M | 20x | as long as short |
| OKX PONS-USDT-SWAPlong | 0.000% | +0.0179% | 4h | $15.1M | $56.2M | 20x | |
| Pacifica PONS | +0.013% | +0.0472% | 1h | $49K | $166K | 3x | as long as short |
| Bitget PONSUSDT | +0.024% | +0.0570% | 4h | $5.0M | $10.7M | 20x | as long as short |
| MEXC PONS_USDT | +0.031% | +0.0626% | 4h | $8.2M | $4.9M | 20x | as long as short |
| Phemex PONSUSDT | +0.031% | +0.0100% | 4h | $1.8M | $3.3M | 20x | as long as short |
| Aster PONSUSDT | +0.042% | +0.0415% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Lighter RH PONS | +0.055% | +0.0248% | 1h | $439K | $2.2M | 3x | as long as short |
| Aevo PONS-PERP | +0.061% | +0.0240% | 1h | $397 | — | 3x | as long as short |
| Extended PONS-USD | +0.070% | +0.0624% | 1h | $161K | $471K | 5x | as long as short |
| HTX PONS-USDT | +0.079% | +0.0100% | 4h | $67K | $493K | 20x | as long as short |
| SoDEX PONS-USD | +0.082% | +0.0100% | 1h | $29K | $475K | 3x | as long as short |
| Lighter PONS | +0.097% | +0.1416% | 1h | $1.8M | $710K | 3x | as long as short |
| Hyperliquid PONS | +0.099% | +0.1187% | 1h | $65.0M | $26.0M | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.099% | +0.0654% | 1h | $77K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | +0.110% | +0.0728% | 1h | $117K | $71K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.122% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Popdex PONSUSDT | +0.126% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| SunX PONS-USDT | +0.149% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |