After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.052%7d average+0.007%fees + slippage, in and out−$44spread needed0.442%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PONS | 0.5880 | 0.0285 | pay 0.0036% / 1h | 32m 21s | $49K | $119K | 3x |
| Short | MEXC PONS_USDT | 0.5877 | 0.0326 | get 0.0163% / 4h | 2h 32m | $7.2M | $5.2M | 20x |
Price 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
- −$5.2
- Funding while held
- $1.23
- Slippage, 4 orders
- −$36.16
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$48.14
- Spread needed to break even
- 0.442%
Slippage from Pacifica: live order book, 7 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0041%
- Per $10,000 a day
- +$1.23
- 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, 7 min ago | 9.12 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.85 bp | 4.5 bp −$5 | 11.9 bp −$119 | 222.8 bp −$22.3K | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.PONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −2.416% | +0.0033% | 1h | $590 | $7K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.067% | L +0.0032% / S −0.0032% | 1h | $213K | — | 150x | as long as short |
| KuCoin PONSUSDTM | −0.054% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Bybit PONSUSDT | −0.052% | +0.0100% | 4h | $17.6M | $30.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.052% | +0.0138% | 4h | $13.2M | $55.4M | 20x | as long as short |
| MEXC PONS_USDTshort | −0.052% | +0.0326% | 4h | $7.2M | $5.2M | 20x | |
| Gate PONS_USDT | −0.035% | +0.0100% | 4h | $5.2M | $7.7M | 20x | as long as short |
| Extended PONS-USD | −0.018% | +0.0328% | 1h | $88K | $539K | 5x | as long as short |
| Nado PONS-PERP | −0.018% | +0.0142% | 1h | $73K | $94K | 5x | as long as short |
| Hyperliquid PONS | −0.016% | +0.0198% | 1h | $58.8M | $29.1M | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps PONS-USD | −0.016% | +0.0332% | 1h | $47K | $1.8M | 3x | as long as short |
| Bitget PONSUSDT | −0.011% | +0.0166% | 4h | $4.5M | $11.3M | 20x | as long as short |
| SoDEX PONS-USD | −0.008% | +0.0100% | 1h | $26K | $509K | 3x | as long as short |
| Binance PONSUSDT | −0.001% | +0.0326% | 4h | $38.3M | $97.9M | 20x | as long as short |
| Popdex PONSUSDT | −0.001% | +0.0096% | 1h | $18K | $493K | 20x | as long as short |
| BingX PONS-USDT | −0.001% | +0.0356% | 4h | — | $3.2M | — | as long as short |
| Aevo PONS-PERP | −0.001% | +0.0160% | 1h | $366 | — | 3x | as long as short |
| Pacifica PONSlong | 0.000% | +0.0285% | 1h | $49K | $119K | 3x | |
| Aster PONSUSDT | +0.054% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.093% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Lighter RH PONS | +0.099% | +0.0096% | 1h | $408K | $2.3M | 3x | as long as short |
| Lighter PONS | +0.133% | +0.0528% | 1h | $1.7M | $855K | 3x | as long as short |
| SunX PONS-USDT | +0.144% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Variational Omni PONS | +0.185% | +0.0126% | 4h | $1.2M | $3.9M | — | as long as short |
| HTX PONS-USDT | +0.283% | +0.0100% | 4h | $62K | $496K | 20x | as long as short |
| edgeX PONSUSDC | +0.331% | +0.0350% | 4h | $21K | $292K | 10x | as long as short |
| Phemex PONSUSDT | +0.356% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| BloFin PONS-USDT | +0.373% | +0.0566% | 4h | $1.7M | $968K | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.637% | +0.0100% | 1h | $30K | $321K | 5x | as long as short |
| Phoenix PONS | +0.739% | +0.1523% | 1h | $24K | $61K | 3x | as long as short |
Pacifica PONS
MEXC PONS_USDT
Injective
gTrade (Gains Network)
KuCoin
Bybit
OKX
Gate
Extended
Hyperliquid
Polymarket Perps
Bitget
SoDEX
Binance
Popdex
BingX
Aster
Lighter RH
Lighter
SunX
Variational Omni
HTX
Phemex
BloFin
ApeX Omni
Phoenix