data as of
Settings8H · net · $10k
Price arb /

PONS

all PONS markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.102%
7d averageif it closes, per $10,000$10funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PONS_USDC_mythos0.62470.0100pay 0.0050% / 4h3h 58m$2K$2K10x
ShortSunX PONS-USDT0.62400.0100get 0.0050% / 4h3h 58m$1.4M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$10.25
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 5 bp × 2 orders
−$10
Net
−$26.25
Spread needed to break even
0.160%
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 3 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell SunX live order book, 3 min ago105.68 bp127.0 bp −$127doesn't fitdoesn't fitdoesn't fit
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.

PONS on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PONS/USDC PERP−8.143%+0.0033%1h$590$11K5.5xas long as short
Variational Omni PONS−0.339%+0.0511%4h$1.7M$3.4Mas long as short
BingX PONS-USDT−0.267%+0.0586%4h$3.0Mas long as short
edgeX PONSUSDC−0.266%+0.0546%4h$21K$292K10xas long as short
gTrade (Gains Network) PONS/USD−0.263%L +0.0032% / S −0.0031%1h$225K150xas long as short
Aster PONSUSDT−0.257%+0.0178%4h$1.1M$2.1M20xas long as short
Pacifica PONS−0.243%+0.0616%1h$50K$126K3xas long as short
ApeX Omni PONSUSDT−0.239%+0.0100%1h$39K$314K5xas long as short
BloFin PONS-USDT−0.187%+0.0769%4h$1.9M$922K20xas long as short
Nado PONS-PERP−0.171%+0.0335%1h$113K$68K5xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PONSUSDT−0.171%+0.0259%4h$20.0M$27.2M20xas long as short
Phoenix PONS−0.163%+0.1489%1h$25K$51K3xas long as short
OKX PONS-USDT-SWAP−0.155%+0.0137%4h$14.4M$54.9M20xas long as short
Phemex PONSUSDT−0.155%+0.0100%4h$1.7M$3.3M20xas long as short
Extended PONS-USD−0.141%+0.0528%1h$93K$533K5xas long as short
SoDEX PONS-USD−0.134%+0.0100%1h$28K$463K3xas long as short
Aevo PONS-PERP−0.117%+0.0216%1h$3893xas long as short
MEXC PONS_USDT−0.107%+0.0528%4h$7.8M$4.9M20xas long as short
SunX PONS-USDTshort−0.102%+0.0100%4h$1.4M10x
KuCoin PONSUSDTM−0.090%+0.0286%4h$1.8M$3.1M20xas long as short
Hyperliquid PONS−0.086%+0.0756%1h$63.4M$26.7M3xas long as short
Polymarket Perps PONS-USD−0.086%+0.0611%1h$64K$1.8M3xas long as short
Bitget PONSUSDT−0.085%+0.0342%4h$4.8M$10.7M20xas long as short
Binance PONSUSDT−0.075%+0.0525%4h$41.5M$92.7M20xas long as short
Popdex PONSUSDT−0.075%+0.0096%1h$19K$453K20xas long as short
Gate PONS_USDT−0.075%−0.2412%4h$5.6M$7.2M20xas long as short
Lighter RH PONS−0.053%+0.0864%1h$433K$2.2M3xas long as short
Orderly PERP_PONS_USDC_mythoslong0.000%+0.0100%4h$2K$2K10x
HTX PONS-USDT+0.003%+0.0100%4h$66K$490K20xas long as short
Lighter PONS+0.014%+0.1648%1h$1.8M$763K3xas long as short