After costs, if the gap returns to its 7d average, $10k−$273
spread now+0.128%7d average+0.068%fees + slippage, in and out−$279spread needed2.787%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PONS-USDT-SWAP | 0.6226 | 0.0135 | pay 0.0067% / 4h | 3h 59m | $14.4M | $54.8M | 20x |
| Short | SunX PONS-USDT | 0.6234 | 0.0100 | get 0.0050% / 4h | 3h 59m | — | $1.4M | 10x |
OKX PONS-USDT-SWAP
SunX PONS-USDTPrice 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
- $12.85
- Funding while held
- −$1.04
- Slippage, 4 orders
- −$258.67
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$266.86
- Spread needed to break even
- 2.787%
Slippage from OKX: live order book, 5 min ago; SunX: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0035%
- Per $10,000 a day
- −$1.04
- 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, 5 min ago | 0.80 bp | 11.8 bp −$12 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 53.23 bp | 74.5 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
BingX0.6217+8.348%Aster0.6220+8.405%KuCoin0.6222+8.435%Extended0.6223+8.446%gTrade (Gains Network)0.6224+8.467%Bybit0.6224+8.470%Bitget0.6225+8.480%Variational Omni0.6226+8.497%Binance0.6226+8.505%
Injective
BingX
Aster
KuCoin
Extended
gTrade (Gains Network)
Bybit
Bitget
Variational Omni
BinanceOKX0.6226+8.505%
Gate0.6226+8.505%MEXC0.6226+8.505%Pacifica0.6227+8.519%SoDEX0.6228+8.531%Phemex0.6228+8.540%ApeX Omni0.6228+8.543%Hyperliquid0.6229+8.548%Lighter RH0.6229+8.552%Aevo0.6229+8.557%BloFin0.6231+8.592%Lighter0.6232+8.613%Orderly0.6233+8.623%Phoenix0.6233+8.632%
Gate
MEXC
Pacifica
SoDEX
Phemex
ApeX Omni
Hyperliquid
Lighter RH
Aevo
BloFin
Lighter
Orderly
PhoenixSunX0.6234+8.644%
edgeX0.6237+8.691%HTX0.6240+8.752%Popdex0.6241+8.766%Polymarket Perps0.6241+8.775%Nado0.6246+8.853%
HTX
Popdex
Polymarket Perps
NadoPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −7.838% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| BingX PONS-USDT | −0.145% | +0.0586% | 4h | — | $3.1M | — | as long as short |
| Aster PONSUSDT | −0.091% | +0.0177% | 4h | $1.1M | $2.1M | 20x | as long as short |
| KuCoin PONSUSDTM | −0.064% | +0.0290% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Extended PONS-USD | −0.054% | +0.0528% | 1h | $93K | $533K | 5x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.035% | L +0.0032% / S −0.0031% | 1h | $224K | — | 150x | as long as short |
| Bybit PONSUSDT | −0.032% | +0.0610% | 4h | $19.9M | $27.2M | 20x | as long as short |
| Bitget PONSUSDT | −0.022% | +0.0350% | 4h | $4.8M | $10.7M | 20x | as long as short |
| Variational Omni PONS | −0.008% | +0.0511% | 4h | $1.7M | $3.4M | — | as long as short |
| Binance PONSUSDT | 0.000% | +0.0529% | 4h | $41.4M | $92.7M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX PONS-USDT-SWAPlong | 0.000% | +0.0135% | 4h | $14.4M | $54.8M | 20x | |
| Gate PONS_USDT | 0.000% | −0.0338% | 4h | $5.6M | $7.4M | 20x | as long as short |
| MEXC PONS_USDT | 0.000% | +0.0528% | 4h | $7.8M | $5.1M | 20x | as long as short |
| Pacifica PONS | +0.013% | +0.0472% | 1h | $50K | $126K | 3x | as long as short |
| SoDEX PONS-USD | +0.024% | +0.0100% | 1h | $28K | $464K | 3x | as long as short |
| Phemex PONSUSDT | +0.032% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.035% | +0.0100% | 1h | $39K | $313K | 5x | as long as short |
| Hyperliquid PONS | +0.040% | +0.0881% | 1h | $63.3M | $26.6M | 3x | as long as short |
| Lighter RH PONS | +0.043% | +0.0472% | 1h | $433K | $2.2M | 3x | as long as short |
| Aevo PONS-PERP | +0.048% | +0.0216% | 1h | $388 | — | 3x | as long as short |
| BloFin PONS-USDT | +0.080% | +0.0769% | 4h | $1.9M | $921K | 20x | as long as short |
| Lighter PONS | +0.100% | +0.1168% | 1h | $1.8M | $763K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.109% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Phoenix PONS | +0.117% | +0.1489% | 1h | $25K | $51K | 3x | as long as short |
| SunX PONS-USDTshort | +0.128% | +0.0100% | 4h | — | $1.4M | 10x | |
| edgeX PONSUSDC | +0.171% | +0.0570% | 4h | $21K | $291K | 10x | as long as short |
| HTX PONS-USDT | +0.228% | +0.0100% | 4h | $66K | $490K | 20x | as long as short |
| Popdex PONSUSDT | +0.241% | +0.0096% | 1h | $19K | $455K | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.249% | +0.0552% | 1h | $64K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | +0.321% | +0.0577% | 1h | $113K | $68K | 5x | as long as short |