After costs, if the gap returns to its 7d average, $10k−$251
spread now+0.025%7d average−0.008%fees + slippage, in and out−$254spread needed2.541%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex PONSUSDT | 0.6088 | 0.0096 | pay 0.0012% / 1h | 22m 43s | $19K | $473K | 20x |
| Short | Pacifica PONS | 0.6089 | 0.0616 | get 0.0077% / 1h | 22m 43s | $50K | $123K | 3x |
Popdex PONSUSDT
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
- $2.46
- Funding while held
- $15.61
- Slippage, 4 orders
- −$239.73
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$236.05
- Spread needed to break even
- 2.541%
Slippage from Popdex: live order book, 23 min ago; Pacifica: live order book, 21 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0520%
- Per $10,000 a day
- +$15.61
- 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 Popdex live order book, 23 min ago | 6.26 bp | 100.2 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 21 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
KuCoin0.6078+5.932%Aevo0.6080+5.954%gTrade (Gains Network)0.6080+5.963%BingX0.6082+5.995%Aster0.6082+6.000%MEXC0.6083+6.013%Bybit0.6084+6.030%Extended0.6085+6.043%Bitget0.6085+6.046%OKX0.6085+6.047%Gate0.6085+6.047%SoDEX0.6085+6.053%Polymarket Perps0.6086+6.068%Binance0.6086+6.069%Lighter RH0.6087+6.082%Hyperliquid0.6087+6.086%
Injective
KuCoin
Aevo
gTrade (Gains Network)
BingX
Aster
MEXC
Bybit
Extended
Bitget
OKX
Gate
SoDEX
Polymarket Perps
Binance
Lighter RH
HyperliquidPopdex0.6088+6.100%
Pacifica0.6089+6.126%
SunX0.6089+6.126%Lighter0.6090+6.128%Orderly0.6092+6.164%Nado0.6093+6.192%Phemex0.6094+6.204%BloFin0.6095+6.222%edgeX0.6107+6.431%HTX0.6114+6.548%Phoenix0.6114+6.558%ApeX Omni0.6116+6.595%Variational Omni0.6121+6.668%
SunX
Lighter
Orderly
Nado
Phemex
BloFin
HTX
Phoenix
ApeX Omni
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 | −5.749% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| KuCoin PONSUSDTM | −0.158% | +0.0238% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Aevo PONS-PERP | −0.137% | +0.0200% | 1h | $379 | — | 3x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.128% | L +0.0032% / S −0.0031% | 1h | $219K | — | 150x | as long as short |
| BingX PONS-USDT | −0.099% | +0.0592% | 4h | — | $3.1M | — | as long as short |
| Aster PONSUSDT | −0.094% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| MEXC PONS_USDT | −0.082% | +0.0456% | 4h | $7.5M | $5.1M | 20x | as long as short |
| Bybit PONSUSDT | −0.066% | +0.0369% | 4h | $18.7M | $28.1M | 20x | as long as short |
| Extended PONS-USD | −0.053% | +0.0456% | 1h | $91K | $544K | 5x | as long as short |
| Bitget PONSUSDT | −0.051% | +0.0244% | 4h | $4.7M | $10.9M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX PONS-USDT-SWAP | −0.049% | +0.0138% | 4h | $13.9M | $54.2M | 20x | as long as short |
| Gate PONS_USDT | −0.049% | −0.0602% | 4h | $5.4M | $7.4M | 20x | as long as short |
| SoDEX PONS-USD | −0.044% | +0.0100% | 1h | $27K | $467K | 3x | as long as short |
| Polymarket Perps PONS-USD | −0.030% | +0.0580% | 1h | $59K | $1.7M | 3x | as long as short |
| Binance PONSUSDT | −0.029% | +0.0457% | 4h | $40.3M | $94.2M | 20x | as long as short |
| Lighter RH PONS | −0.016% | +0.0744% | 1h | $423K | $2.3M | 3x | as long as short |
| Hyperliquid PONS | −0.013% | +0.0490% | 1h | $61.2M | $27.2M | 3x | as long as short |
| Popdex PONSUSDTlong | 0.000% | +0.0096% | 1h | $19K | $473K | 20x | |
| Pacifica PONSshort | +0.025% | +0.0616% | 1h | $50K | $123K | 3x | |
| SunX PONS-USDT | +0.025% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Lighter PONS | +0.026% | +0.1400% | 1h | $1.8M | $784K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.061% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Nado PONS-PERP | +0.087% | +0.0312% | 1h | $110K | $68K | 5x | as long as short |
| Phemex PONSUSDT | +0.099% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| BloFin PONS-USDT | +0.115% | +0.0697% | 4h | $1.8M | $959K | 20x | as long as short |
| edgeX PONSUSDC | +0.312% | +0.0494% | 4h | $21K | $291K | 10x | as long as short |
| HTX PONS-USDT | +0.422% | +0.0100% | 4h | $64K | $494K | 20x | as long as short |
| Phoenix PONS | +0.432% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.466% | +0.0100% | 1h | $38K | $317K | 5x | as long as short |
| Variational Omni PONS | +0.535% | +0.0418% | 4h | $1.3M | $3.8M | — | as long as short |