After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.002%7d average+0.012%fees + slippage, in and out−$69spread needed0.686%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PONS-USDT-SWAP | 0.6319 | 0.0177 | pay 0.0089% / 4h | 49m 39s | $15.0M | $55.7M | 20x |
| Short | KuCoin PONSUSDTM | 0.6319 | 0.0534 | get 0.0267% / 4h | 49m 39s | $1.8M | $3.0M | 20x |
OKX PONS-USDT-SWAP
KuCoin PONSUSDTMPrice 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
- −$0.16
- Funding while held
- $10.7
- Slippage, 4 orders
- −$46.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$58.1
- Spread needed to break even
- 0.686%
Slippage from OKX: live order book, 6 min ago; KuCoin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0357%
- Per $10,000 a day
- +$10.70
- 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, 6 min ago | 0.79 bp | 13.2 bp −$13 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.91 bp | 20.2 bp −$20 | 79.1 bp −$791 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
BingX0.6314+10.038%Aster0.6317+10.090%
Injective
BingX
AsterKuCoin0.6319+10.124%
OKX0.6319+10.125%
Bitget0.6321+10.155%MEXC0.6321+10.160%Bybit0.6322+10.178%Pacifica0.6322+10.179%Extended0.6323+10.192%Lighter RH0.6323+10.193%Binance0.6324+10.213%Lighter0.6328+10.277%gTrade (Gains Network)0.6329+10.292%Hyperliquid0.6329+10.298%SoDEX0.6331+10.343%Aevo0.6333+10.369%BloFin0.6333+10.369%Gate0.6335+10.404%Nado0.6335+10.406%Phemex0.6336+10.422%Orderly0.6336+10.429%Popdex0.6339+10.474%SunX0.6340+10.495%Polymarket Perps0.6341+10.509%HTX0.6359+10.826%ApeX Omni0.6360+10.837%Phoenix0.6365+10.922%edgeX0.6367+10.954%Variational Omni0.6368+10.974%
Bitget
MEXC
Bybit
Pacifica
Extended
Lighter RH
Binance
Lighter
gTrade (Gains Network)
Hyperliquid
SoDEX
Aevo
BloFin
Gate
Nado
Phemex
Orderly
Popdex
SunX
Polymarket Perps
HTX
ApeX Omni
Phoenix
Variational 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 | −9.194% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| BingX PONS-USDT | −0.079% | +0.0716% | 4h | — | $2.9M | — | as long as short |
| Aster PONSUSDT | −0.033% | +0.0397% | 4h | $1.1M | $2.2M | 20x | as long as short |
| KuCoin PONSUSDTMshort | −0.002% | +0.0534% | 4h | $1.8M | $3.0M | 20x | |
| OKX PONS-USDT-SWAPlong | 0.000% | +0.0177% | 4h | $15.0M | $55.7M | 20x | |
| Bitget PONSUSDT | +0.027% | +0.0558% | 4h | $4.9M | $10.7M | 20x | as long as short |
| MEXC PONS_USDT | +0.032% | +0.0624% | 4h | $8.2M | $4.9M | 20x | as long as short |
| Bybit PONSUSDT | +0.047% | +0.0749% | 4h | $20.6M | $26.8M | 20x | as long as short |
| Pacifica PONS | +0.048% | +0.0472% | 1h | $48K | $166K | 3x | as long as short |
| Extended PONS-USD | +0.060% | +0.0624% | 1h | $160K | $471K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.062% | +0.0248% | 1h | $438K | $2.2M | 3x | as long as short |
| Binance PONSUSDT | +0.079% | +0.0617% | 4h | $42.4M | $93.1M | 20x | as long as short |
| Lighter PONS | +0.138% | +0.1128% | 1h | $1.8M | $711K | 3x | as long as short |
| gTrade (Gains Network) PONS/USD | +0.151% | L +0.0032% / S −0.0031% | 1h | $228K | — | 150x | as long as short |
| Hyperliquid PONS | +0.157% | +0.1140% | 1h | $64.5M | $26.0M | 3x | as long as short |
| SoDEX PONS-USD | +0.198% | +0.0100% | 1h | $28K | $478K | 3x | as long as short |
| Aevo PONS-PERP | +0.222% | +0.0240% | 1h | $395 | — | 3x | as long as short |
| BloFin PONS-USDT | +0.222% | +0.0865% | 4h | $1.9M | $922K | 20x | as long as short |
| Gate PONS_USDT | +0.253% | +0.0110% | 4h | $5.7M | $6.8M | 20x | as long as short |
| Nado PONS-PERP | +0.255% | +0.0674% | 1h | $116K | $71K | 5x | as long as short |
| Phemex PONSUSDT | +0.269% | +0.0100% | 4h | $1.8M | $3.3M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.275% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Popdex PONSUSDT | +0.317% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| SunX PONS-USDT | +0.335% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| Polymarket Perps PONS-USD | +0.348% | +0.0606% | 1h | $76K | $1.8M | 3x | as long as short |
| HTX PONS-USDT | +0.636% | +0.0100% | 4h | $66K | $494K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.646% | +0.0100% | 1h | $40K | $317K | 5x | as long as short |
| Phoenix PONS | +0.723% | +0.1489% | 1h | $26K | $51K | 3x | as long as short |
| edgeX PONSUSDC | +0.753% | +0.0632% | 4h | $22K | $289K | 10x | as long as short |
| Variational Omni PONS | +0.771% | +0.0598% | 4h | $1.9M | $3.4M | — | as long as short |