Spread before costs (cost unknown: a leg has no order-book sample)+0.023%
7d average+0.041%if it closes, per $10,000$2funding while held, a day−$39.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex PONSUSDT | 0.6154 | 0.1417 | pay 0.0708% / 4h | 3h 49m | $1.7M | $3.3M | 20x |
| Short | SunX PONS-USDT | 0.6155 | 0.0100 | get 0.0050% / 4h | 3h 49m | — | $1.4M | 10x |
Phemex PONSUSDT
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
- $2.27
- Funding while held
- −$39.5
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$59.22
- Spread needed to break even
- 0.220%
Slippage unknown: Phemex: live order book, 5 min ago; SunX: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1317%
- Per $10,000 a day
- −$39.50
- 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 Phemex live order book, 5 min ago | 8.85 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 105.68 bp | 127.0 bp −$127 | 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
Variational Omni0.6136+6.937%BloFin0.6141+7.023%Aster0.6141+7.029%Orderly0.6145+7.093%gTrade (Gains Network)0.6146+7.112%Bitget0.6150+7.182%Nado0.6151+7.198%Aevo0.6151+7.198%Hyperliquid0.6152+7.222%SoDEX0.6153+7.241%
Injective
Variational Omni
BloFin
Aster
Orderly
gTrade (Gains Network)
Bitget
Nado
Aevo
Hyperliquid
SoDEXPhemex0.6154+7.250%
Polymarket Perps0.6155+7.264%
Polymarket PerpsSunX0.6155+7.274%
KuCoin0.6156+7.285%BingX0.6158+7.320%HTX0.6159+7.328%Pacifica0.6161+7.366%Lighter RH0.6161+7.370%Gate0.6161+7.372%Lighter0.6162+7.388%Popdex0.6163+7.407%MEXC0.6163+7.407%Binance0.6163+7.408%Extended0.6164+7.421%Bybit0.6164+7.424%OKX0.6164+7.424%Phoenix0.6179+7.691%ApeX Omni0.6183+7.755%edgeX0.6186+7.803%
KuCoin
BingX
HTX
Pacifica
Lighter RH
Gate
Lighter
Popdex
MEXC
Binance
Extended
Bybit
OKX
Phoenix
ApeX OmniPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −6.760% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Variational Omni PONS | −0.292% | +0.0488% | 4h | $1.6M | $3.5M | — | as long as short |
| BloFin PONS-USDT | −0.211% | +0.0735% | 4h | $1.8M | $939K | 20x | as long as short |
| Aster PONSUSDT | −0.206% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.146% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.128% | L +0.0032% / S −0.0031% | 1h | $222K | — | 150x | as long as short |
| Bitget PONSUSDT | −0.063% | +0.0316% | 4h | $4.8M | $10.8M | 20x | as long as short |
| Nado PONS-PERP | −0.049% | +0.0354% | 1h | $111K | $68K | 5x | as long as short |
| Aevo PONS-PERP | −0.048% | +0.0208% | 1h | $383 | — | 3x | as long as short |
| Hyperliquid PONS | −0.026% | +0.0706% | 1h | $62.1M | $26.9M | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX PONS-USD | −0.008% | +0.0100% | 1h | $27K | $466K | 3x | as long as short |
| Phemex PONSUSDTlong | 0.000% | +0.1417% | 4h | $1.7M | $3.3M | 20x | |
| Polymarket Perps PONS-USD | +0.013% | +0.0662% | 1h | $63K | $1.8M | 3x | as long as short |
| SunX PONS-USDTshort | +0.023% | +0.0100% | 4h | — | $1.4M | 10x | |
| KuCoin PONSUSDTM | +0.032% | +0.0264% | 4h | $1.8M | $3.1M | 20x | as long as short |
| BingX PONS-USDT | +0.065% | +0.0498% | 4h | — | $3.1M | — | as long as short |
| HTX PONS-USDT | +0.073% | +0.0100% | 4h | $66K | $490K | 20x | as long as short |
| Pacifica PONS | +0.109% | +0.0616% | 1h | $50K | $122K | 3x | as long as short |
| Lighter RH PONS | +0.112% | +0.0728% | 1h | $432K | $2.2M | 3x | as long as short |
| Gate PONS_USDT | +0.114% | −0.2296% | 4h | $5.5M | $7.3M | 20x | as long as short |
| Lighter PONS | +0.128% | +0.1456% | 1h | $1.8M | $770K | 3x | as long as short |
| Popdex PONSUSDT | +0.146% | +0.0096% | 1h | $15K | $465K | 20x | as long as short |
| MEXC PONS_USDT | +0.146% | +0.0494% | 4h | $7.5M | $5.0M | 20x | as long as short |
| Binance PONSUSDT | +0.147% | +0.0484% | 4h | $41.0M | $93.1M | 20x | as long as short |
| Extended PONS-USD | +0.159% | +0.0496% | 1h | $92K | $533K | 5x | as long as short |
| Bybit PONSUSDT | +0.162% | +0.0289% | 4h | $19.5M | $27.4M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.162% | +0.0140% | 4h | $14.2M | $54.3M | 20x | as long as short |
| Phoenix PONS | +0.411% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.471% | +0.0100% | 1h | $39K | $314K | 5x | as long as short |
| edgeX PONSUSDC | +0.516% | +0.0542% | 4h | $21K | $291K | 10x | as long as short |