PONS

Alert

After costs, if the gap returns to its 7d average, $10k−$161

spread now−0.287%7d average+0.003%fees + slippage, in and out−$132spread needed1.320%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PONS	0.6251	0.0472	pay 0.0059% / 1h	8m 36s	$50K	$126K	3x
Short	Nado PONS-PERP	0.6233	0.0609	get 0.0076% / 1h	8m 36s	$113K	$67K	5x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee PacificabpFee NadobpOrdersClose when spread is

Slippage from Pacifica: live order book, 40 min ago; Nado: live order book, 36 min ago.

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, 40 min ago	8.16 bp	20.4 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 36 min ago	18.66 bp	47.8 bp −$48	doesn't fit	doesn't fit	doesn't fit

against the cheapest. Click to use as the short leg.

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective PONS/USDC PERP	−8.213%	+0.0033%	1h	$590	$15K	5.5x	as long as short
Variational Omni PONS	−0.547%	+0.0537%	4h	$1.7M	$3.5M	—	as long as short
Phoenix PONS	−0.537%	+0.1489%	1h	$25K	$51K	3x	as long as short
edgeX PONSUSDC	−0.506%	+0.0548%	4h	$21K	$288K	10x	as long as short
ApeX Omni PONSUSDT	−0.480%	+0.0100%	1h	$39K	$314K	5x	as long as short
Aster PONSUSDT	−0.393%	+0.0217%	4h	$1.1M	$2.2M	20x	as long as short
gTrade (Gains Network) PONS/USD	−0.330%	L +0.0032% / S −0.0031%	1h	$225K	—	150x	as long as short
Aevo PONS-PERP	−0.294%	+0.0216%	1h	$388	—	3x	as long as short
Nado PONS-PERPshort	−0.287%	+0.0609%	1h	$113K	$67K	5x
Phemex PONSUSDT	−0.278%	+0.0100%	4h	$1.7M	$3.3M	20x	as long as short

Show all 30 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin PONS-USDT	−0.262%	+0.0778%	4h	$1.9M	$918K	20x	as long as short
Orderly PERP_PONS_USDC_mythos	−0.197%	+0.0100%	4h	$2K	$2K	10x	as long as short
SunX PONS-USDT	−0.168%	+0.0100%	4h	—	$1.4M	10x	as long as short
HTX PONS-USDT	−0.112%	+0.0100%	4h	$66K	$495K	20x	as long as short
BingX PONS-USDT	−0.102%	+0.0626%	4h	—	$3.1M	—	as long as short
SoDEX PONS-USD	−0.102%	+0.0100%	1h	$28K	$470K	3x	as long as short
KuCoin PONSUSDTM	−0.078%	+0.0308%	4h	$1.8M	$3.1M	20x	as long as short
Gate PONS_USDT	−0.054%	−0.0182%	4h	$5.5M	$7.3M	20x	as long as short
Lighter RH PONS	−0.038%	+0.0424%	1h	$430K	$2.2M	3x	as long as short
Lighter PONS	−0.006%	+0.1112%	1h	$1.8M	$772K	3x	as long as short
Extended PONS-USD	0.000%	+0.0536%	1h	$93K	$533K	5x	as long as short
Pacifica PONSlong	0.000%	+0.0472%	1h	$50K	$126K	3x
Hyperliquid PONS	+0.026%	+0.1051%	1h	$63.6M	$26.5M	3x	as long as short
MEXC PONS_USDT	+0.026%	+0.0536%	4h	$7.9M	$5.1M	20x	as long as short
Binance PONSUSDT	+0.081%	+0.0541%	4h	$41.6M	$92.5M	20x	as long as short
Bybit PONSUSDT	+0.138%	+0.0632%	4h	$20.0M	$27.1M	20x	as long as short
Polymarket Perps PONS-USD	+0.141%	+0.0569%	1h	$67K	$1.8M	3x	as long as short
Bitget PONSUSDT	+0.155%	+0.0382%	4h	$4.9M	$10.7M	20x	as long as short
OKX PONS-USDT-SWAP	+0.170%	+0.0147%	4h	$14.5M	$55.2M	20x	as long as short
Popdex PONSUSDT	+0.170%	+0.0096%	1h	$19K	$455K	20x	as long as short