After costs, if the gap returns to its 7d average, $10k−$340
spread now+0.050%7d average+0.042%fees + slippage, in and out−$341spread needed3.411%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps PONS-USD | 0.5945 | 0.0505 | pay 0.0063% / 1h | 15m 48s | $50K | $1.8M | 3x |
| Short | SunX PONS-USDT | 0.5948 | 0.0100 | get 0.0050% / 4h | 3h 15m | — | $1.4M | 10x |
Polymarket Perps PONS-USD
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
- $5.05
- Funding while held
- −$12.14
- Slippage, 4 orders
- −$323.09
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$348.19
- Spread needed to break even
- 3.411%
Slippage from Polymarket Perps: live order book, 4 min ago; SunX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0405%
- Per $10,000 a day
- −$12.14
- 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, 4 min ago | 3.02 bp | 7.0 bp −$7 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 142.98 bp | 164.3 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestNado0.5944+3.594%
Injective
NadoPolymarket Perps0.5945+3.606%
Gate0.5945+3.608%Binance0.5947+3.638%Popdex0.5947+3.642%KuCoin0.5947+3.644%
Gate
Binance
Popdex
KuCoinSunX0.5948+3.658%
Aevo0.5948+3.659%Pacifica0.5948+3.663%Aster0.5950+3.691%OKX0.5950+3.695%MEXC0.5951+3.712%gTrade (Gains Network)0.5951+3.712%Bybit0.5952+3.730%Orderly0.5952+3.738%Bitget0.5953+3.745%Hyperliquid0.5953+3.747%Lighter RH0.5953+3.747%Phemex0.5953+3.747%SoDEX0.5954+3.763%BingX0.5954+3.764%HTX0.5954+3.764%Extended0.5955+3.775%Lighter0.5958+3.827%ApeX Omni0.5959+3.850%edgeX0.5971+4.068%BloFin0.5976+4.148%Phoenix0.5990+4.387%Variational Omni0.6090+6.130%
Aevo
Pacifica
Aster
OKX
MEXC
gTrade (Gains Network)
Bybit
Orderly
Bitget
Hyperliquid
Lighter RH
Phemex
SoDEX
BingX
HTX
Extended
Lighter
ApeX Omni
BloFin
Phoenix
Variational 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 | −3.480% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Nado PONS-PERP | −0.012% | +0.0315% | 1h | $113K | $71K | 5x | as long as short |
| Polymarket Perps PONS-USDlong | 0.000% | +0.0505% | 1h | $50K | $1.8M | 3x | |
| Gate PONS_USDT | +0.002% | −0.0566% | 4h | $5.3M | $7.7M | 20x | as long as short |
| Binance PONSUSDT | +0.031% | +0.0388% | 4h | $39.2M | $96.4M | 20x | as long as short |
| Popdex PONSUSDT | +0.035% | +0.0096% | 1h | $18K | $493K | 20x | as long as short |
| KuCoin PONSUSDTM | +0.037% | +0.0208% | 4h | $1.7M | $3.2M | 20x | as long as short |
| SunX PONS-USDTshort | +0.050% | +0.0100% | 4h | — | $1.4M | 10x | |
| Aevo PONS-PERP | +0.051% | +0.0192% | 1h | $371 | — | 3x | as long as short |
| Pacifica PONS | +0.056% | +0.0616% | 1h | $49K | $123K | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster PONSUSDT | +0.082% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.086% | +0.0147% | 4h | $13.3M | $54.3M | 20x | as long as short |
| MEXC PONS_USDT | +0.103% | +0.0388% | 4h | $7.2M | $5.2M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | +0.103% | L +0.0032% / S −0.0031% | 1h | $215K | — | 150x | as long as short |
| Bybit PONSUSDT | +0.119% | +0.0257% | 4h | $18.2M | $29.1M | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.128% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Bitget PONSUSDT | +0.135% | +0.0228% | 4h | $4.6M | $11.1M | 20x | as long as short |
| Hyperliquid PONS | +0.136% | +0.0431% | 1h | $59.6M | $28.2M | 3x | as long as short |
| Lighter RH PONS | +0.136% | +0.0712% | 1h | $417K | $2.3M | 3x | as long as short |
| Phemex PONSUSDT | +0.136% | +0.0671% | 4h | $1.7M | $3.3M | 20x | as long as short |
| SoDEX PONS-USD | +0.151% | +0.0100% | 1h | $26K | $502K | 3x | as long as short |
| BingX PONS-USDT | +0.153% | +0.0434% | 4h | — | $3.2M | — | as long as short |
| HTX PONS-USDT | +0.153% | +0.0100% | 4h | $62K | $497K | 20x | as long as short |
| Extended PONS-USD | +0.163% | +0.0392% | 1h | $89K | $545K | 5x | as long as short |
| Lighter PONS | +0.214% | +0.1240% | 1h | $1.7M | $793K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.235% | +0.0100% | 1h | $29K | $321K | 5x | as long as short |
| edgeX PONSUSDC | +0.446% | +0.0434% | 4h | $21K | $293K | 10x | as long as short |
| BloFin PONS-USDT | +0.523% | +0.0628% | 4h | $1.8M | $958K | 20x | as long as short |
| Phoenix PONS | +0.754% | +0.1528% | 1h | $24K | $61K | 3x | as long as short |
| Variational Omni PONS | +2.436% | +0.0403% | 4h | $1.3M | $3.7M | — | as long as short |