After costs, if the gap returns to its 7d average, $10k−$87
spread now−0.185%7d average+0.058%fees + slippage, in and out−$63spread needed0.627%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps PONS-USD | 0.6162 | 0.0628 | pay 0.0079% / 1h | 27m 42s | $60K | $1.8M | 3x |
| Short | Pacifica PONS | 0.6151 | 0.0616 | get 0.0077% / 1h | 27m 42s | $51K | $123K | 3x |
Polymarket Perps PONS-USD
Pacifica 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
- −$18.5
- Funding while held
- −$0.36
- Slippage, 4 orders
- −$46.66
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$81.52
- Spread needed to break even
- 0.627%
Slippage from Polymarket Perps: live order book, 2 min ago; Pacifica: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0012%
- Per $10,000 a day
- −$0.36
- 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 Polymarket Perps live order book, 2 min ago | 0.98 bp | 5.0 bp −$5 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 16 min ago | 10.54 bp | 22.9 bp −$23 | 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
Aevo0.6138+6.977%Bybit0.6148+7.145%Gate0.6149+7.163%Aster0.6150+7.174%OKX0.6150+7.180%BingX0.6150+7.180%
Injective
Aevo
Bybit
Gate
Aster
OKX
BingXPacifica0.6151+7.198%
KuCoin0.6151+7.198%Hyperliquid0.6152+7.215%Bitget0.6152+7.219%Binance0.6153+7.232%Lighter RH0.6154+7.248%MEXC0.6154+7.250%BloFin0.6155+7.267%gTrade (Gains Network)0.6157+7.295%Phemex0.6157+7.302%SoDEX0.6158+7.311%Extended0.6158+7.316%Lighter0.6158+7.327%Nado0.6159+7.341%SunX0.6161+7.367%Popdex0.6161+7.372%
KuCoin
Hyperliquid
Bitget
Binance
Lighter RH
MEXC
BloFin
gTrade (Gains Network)
Phemex
SoDEX
Extended
Lighter
Nado
SunX
PopdexPolymarket Perps0.6162+7.396%
Orderly0.6166+7.461%HTX0.6179+7.694%Phoenix0.6182+7.741%Variational Omni0.6182+7.744%edgeX0.6185+7.793%ApeX Omni0.6190+7.877%
Orderly
HTX
Phoenix
Variational Omni
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 | −6.887% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Aevo PONS-PERP | −0.390% | +0.0200% | 1h | $382 | — | 3x | as long as short |
| Bybit PONSUSDT | −0.234% | +0.0646% | 4h | $19.0M | $27.9M | 20x | as long as short |
| Gate PONS_USDT | −0.217% | −0.0224% | 4h | $5.5M | $7.4M | 20x | as long as short |
| Aster PONSUSDT | −0.207% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.201% | +0.0146% | 4h | $14.2M | $54.2M | 20x | as long as short |
| BingX PONS-USDT | −0.201% | +0.0569% | 4h | — | $3.1M | — | as long as short |
| Pacifica PONSshort | −0.185% | +0.0616% | 1h | $51K | $123K | 3x | |
| KuCoin PONSUSDTM | −0.185% | +0.0244% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Hyperliquid PONS | −0.169% | +0.0548% | 1h | $61.9M | $27.2M | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PONSUSDT | −0.166% | +0.0256% | 4h | $4.7M | $10.8M | 20x | as long as short |
| Binance PONSUSDT | −0.153% | +0.0481% | 4h | $40.8M | $93.4M | 20x | as long as short |
| Lighter RH PONS | −0.138% | +0.0896% | 1h | $427K | $2.3M | 3x | as long as short |
| MEXC PONS_USDT | −0.136% | +0.0476% | 4h | $7.5M | $5.1M | 20x | as long as short |
| BloFin PONS-USDT | −0.120% | +0.0728% | 4h | $1.8M | $945K | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.094% | L +0.0032% / S −0.0031% | 1h | $222K | — | 150x | as long as short |
| Phemex PONSUSDT | −0.088% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| SoDEX PONS-USD | −0.080% | +0.0100% | 1h | $27K | $459K | 3x | as long as short |
| Extended PONS-USD | −0.075% | +0.0480% | 1h | $92K | $539K | 5x | as long as short |
| Lighter PONS | −0.065% | +0.1440% | 1h | $1.8M | $781K | 3x | as long as short |
| Nado PONS-PERP | −0.051% | +0.0332% | 1h | $111K | $68K | 5x | as long as short |
| SunX PONS-USDT | −0.028% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Popdex PONSUSDT | −0.023% | +0.0096% | 1h | $19K | $473K | 20x | as long as short |
| Polymarket Perps PONS-USDlong | 0.000% | +0.0628% | 1h | $60K | $1.8M | 3x | |
| Orderly PERP_PONS_USDC_mythos | +0.060% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| HTX PONS-USDT | +0.277% | +0.0100% | 4h | $66K | $491K | 20x | as long as short |
| Phoenix PONS | +0.321% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| Variational Omni PONS | +0.324% | +0.0439% | 4h | $1.5M | $3.6M | — | as long as short |
| edgeX PONSUSDC | +0.369% | +0.0515% | 4h | $22K | $293K | 10x | as long as short |
| ApeX Omni PONSUSDT | +0.448% | +0.0100% | 1h | $39K | $318K | 5x | as long as short |