Spread before costs (cost unknown: a leg has no order-book sample)+0.136%
7d average+0.012%if it closes, per $10,000$14funding while held, a day+$4.30
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PONS | 0.6363 | 0.0858 | pay 0.0107% / 1h | 9m 30s | $49K | $166K | 3x |
| Short | Hyperliquid PONS | 0.6372 | 0.1001 | get 0.0125% / 1h | 9m 30s | $64.9M | $25.9M | 3x |
Pacifica PONS
Hyperliquid PONSPrice 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
- $13.61
- Funding while held
- $4.3
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $0.91
- Spread needed to break even
- 0.170%
Slippage unknown: Pacifica: live order book, 45 min ago; Hyperliquid: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0143%
- Per $10,000 a day
- +$4.30
- 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 Pacifica live order book, 45 min ago | 9.11 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.02 bp | 8.3 bp −$8 | 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
edgeX0.6353+10.717%Aevo0.6356+10.770%BingX0.6357+10.788%gTrade (Gains Network)0.6358+10.809%SoDEX0.6362+10.871%Phemex0.6363+10.892%Variational Omni0.6363+10.895%
Injective
Aevo
BingX
gTrade (Gains Network)
SoDEX
Phemex
Variational OmniPacifica0.6363+10.900%
Lighter0.6364+10.918%Nado0.6365+10.927%OKX0.6365+10.927%Lighter RH0.6365+10.931%ApeX Omni0.6367+10.957%Popdex0.6368+10.979%BloFin0.6368+10.979%Extended0.6368+10.981%Orderly0.6368+10.983%Bybit0.6369+10.997%Bitget0.6369+10.997%Phoenix0.6370+11.011%KuCoin0.6370+11.013%Binance0.6370+11.014%Polymarket Perps0.6370+11.020%MEXC0.6371+11.032%Aster0.6372+11.042%
Lighter
Nado
OKX
Lighter RH
ApeX Omni
Popdex
BloFin
Extended
Orderly
Bybit
Bitget
Phoenix
KuCoin
Binance
Polymarket Perps
MEXC
AsterHyperliquid0.6372+11.051%
Gate0.6373+11.067%SunX0.6376+11.124%HTX0.6376+11.126%
Gate
SunX
HTXPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −9.829% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| edgeX PONSUSDC | −0.165% | +0.0657% | 4h | $22K | $287K | 10x | as long as short |
| Aevo PONS-PERP | −0.117% | +0.0240% | 1h | $396 | — | 3x | as long as short |
| BingX PONS-USDT | −0.101% | +0.0638% | 4h | — | $2.9M | — | as long as short |
| gTrade (Gains Network) PONS/USD | −0.082% | L +0.0032% / S −0.0032% | 1h | $227K | — | 150x | as long as short |
| SoDEX PONS-USD | −0.026% | +0.0100% | 1h | $29K | $479K | 3x | as long as short |
| Phemex PONSUSDT | −0.007% | +0.0100% | 4h | $1.8M | $3.4M | 20x | as long as short |
| Variational Omni PONS | −0.005% | +0.0549% | 4h | $1.9M | $3.4M | — | as long as short |
| Pacifica PONSlong | 0.000% | +0.0858% | 1h | $49K | $166K | 3x | |
| Lighter PONS | +0.017% | +0.0904% | 1h | $1.8M | $735K | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PONS-PERP | +0.025% | +0.0484% | 1h | $117K | $71K | 5x | as long as short |
| OKX PONS-USDT-SWAP | +0.025% | +0.0190% | 4h | $15.1M | $57.2M | 20x | as long as short |
| Lighter RH PONS | +0.028% | +0.0360% | 1h | $443K | $2.2M | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.051% | +0.0100% | 1h | $40K | $316K | 5x | as long as short |
| Popdex PONSUSDT | +0.072% | +0.0096% | 1h | $20K | $471K | 20x | as long as short |
| BloFin PONS-USDT | +0.072% | +0.0880% | 4h | $1.9M | $915K | 20x | as long as short |
| Extended PONS-USD | +0.073% | +0.0648% | 1h | $161K | $470K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.075% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Bybit PONSUSDT | +0.087% | +0.0686% | 4h | $20.5M | $26.6M | 20x | as long as short |
| Bitget PONSUSDT | +0.087% | +0.0620% | 4h | $5.0M | $10.6M | 20x | as long as short |
| Phoenix PONS | +0.100% | +0.1767% | 1h | $26K | $45K | 3x | as long as short |
| KuCoin PONSUSDTM | +0.102% | +0.0578% | 4h | $1.9M | $2.8M | 20x | as long as short |
| Binance PONSUSDT | +0.103% | +0.0641% | 4h | $42.9M | $93.3M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.108% | +0.0531% | 1h | $82K | $1.8M | 3x | as long as short |
| MEXC PONS_USDT | +0.119% | +0.0646% | 4h | $8.2M | $5.0M | 20x | as long as short |
| Aster PONSUSDT | +0.128% | +0.0390% | 4h | $1.1M | $2.2M | 20x | as long as short |
| Hyperliquid PONSshort | +0.136% | +0.1001% | 1h | $64.9M | $25.9M | 3x | |
| Gate PONS_USDT | +0.150% | +0.0562% | 4h | $5.7M | $7.3M | 20x | as long as short |
| SunX PONS-USDT | +0.202% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| HTX PONS-USDT | +0.204% | +0.0100% | 4h | $67K | $493K | 20x | as long as short |