After costs, if the gap returns to its 7d average, $10k−$153
spread now−0.002%7d average+0.018%fees + slippage, in and out−$151spread needed1.514%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PONS-USD | 0.6227 | 0.0100 | pay 0.0013% / 1h | 57m 14s | $28K | $463K | 3x |
| Short | Binance PONSUSDT | 0.6227 | 0.0525 | get 0.0262% / 4h | 3h 57m | $41.4M | $92.7M | 20x |
SoDEX PONS-USD
Binance PONSUSDTPrice 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
- −$0.22
- Funding while held
- $12.74
- Slippage, 4 orders
- −$133.36
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$138.84
- Spread needed to break even
- 1.514%
Slippage from SoDEX: live order book, 53 min ago; Binance: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0425%
- Per $10,000 a day
- +$12.74
- 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 SoDEX live order book, 53 min ago | 1.58 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.80 bp | 11.9 bp −$12 | 27.9 bp −$279 | 201.8 bp −$20.2K | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
OKX0.6222+8.435%BingX0.6223+8.452%Bybit0.6224+8.470%Variational Omni0.6226+8.497%gTrade (Gains Network)0.6226+8.501%KuCoin0.6226+8.508%Bitget0.6227+8.520%
Injective
OKX
BingX
Bybit
Variational Omni
gTrade (Gains Network)
KuCoin
BitgetBinance0.6227+8.523%
SoDEX0.6227+8.526%
Lighter RH0.6228+8.540%MEXC0.6228+8.540%BloFin0.6228+8.540%Gate0.6229+8.557%Polymarket Perps0.6229+8.557%Phemex0.6229+8.557%Hyperliquid0.6229+8.562%Extended0.6230+8.573%Nado0.6230+8.574%Popdex0.6230+8.574%edgeX0.6230+8.576%Aevo0.6231+8.592%SunX0.6231+8.594%Lighter0.6235+8.662%Aster0.6235+8.662%Phoenix0.6237+8.688%Orderly0.6237+8.700%Pacifica0.6238+8.720%ApeX Omni0.6244+8.824%HTX0.6246+8.850%
Lighter RH
MEXC
BloFin
Gate
Polymarket Perps
Phemex
Hyperliquid
Extended
Nado
Popdex
Aevo
SunX
Lighter
Aster
Phoenix
Orderly
Pacifica
ApeX Omni
HTXPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −7.856% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| OKX PONS-USDT-SWAP | −0.084% | +0.0138% | 4h | $14.4M | $54.7M | 20x | as long as short |
| BingX PONS-USDT | −0.067% | +0.0571% | 4h | — | $3.0M | — | as long as short |
| Bybit PONSUSDT | −0.051% | +0.0214% | 4h | $20.0M | $27.1M | 20x | as long as short |
| Variational Omni PONS | −0.027% | +0.0511% | 4h | $1.7M | $3.4M | — | as long as short |
| gTrade (Gains Network) PONS/USD | −0.022% | L +0.0032% / S −0.0031% | 1h | $224K | — | 150x | as long as short |
| KuCoin PONSUSDTM | −0.016% | +0.0284% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Bitget PONSUSDT | −0.005% | +0.0340% | 4h | $4.8M | $10.7M | 20x | as long as short |
| Binance PONSUSDTshort | −0.002% | +0.0525% | 4h | $41.4M | $92.7M | 20x | |
| SoDEX PONS-USDlong | 0.000% | +0.0100% | 1h | $28K | $463K | 3x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH PONS | +0.013% | +0.0632% | 1h | $432K | $2.2M | 3x | as long as short |
| MEXC PONS_USDT | +0.013% | +0.0524% | 4h | $7.7M | $5.0M | 20x | as long as short |
| BloFin PONS-USDT | +0.013% | +0.0765% | 4h | $1.8M | $922K | 20x | as long as short |
| Gate PONS_USDT | +0.029% | −0.2308% | 4h | $5.6M | $7.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.029% | +0.0610% | 1h | $63K | $1.8M | 3x | as long as short |
| Phemex PONSUSDT | +0.029% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Hyperliquid PONS | +0.034% | +0.0726% | 1h | $63.3M | $26.7M | 3x | as long as short |
| Extended PONS-USD | +0.044% | +0.0528% | 1h | $93K | $533K | 5x | as long as short |
| Nado PONS-PERP | +0.045% | +0.0350% | 1h | $113K | $68K | 5x | as long as short |
| Popdex PONSUSDT | +0.045% | +0.0096% | 1h | $19K | $453K | 20x | as long as short |
| edgeX PONSUSDC | +0.047% | +0.0546% | 4h | $21K | $292K | 10x | as long as short |
| Aevo PONS-PERP | +0.061% | +0.0216% | 1h | $388 | — | 3x | as long as short |
| SunX PONS-USDT | +0.063% | +0.0100% | 4h | — | $1.4M | 10x | as long as short |
| Lighter PONS | +0.125% | +0.1648% | 1h | $1.8M | $763K | 3x | as long as short |
| Aster PONSUSDT | +0.126% | +0.0178% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Phoenix PONS | +0.149% | +0.1528% | 1h | $25K | $51K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.161% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Pacifica PONS | +0.179% | +0.0616% | 1h | $50K | $126K | 3x | as long as short |
| ApeX Omni PONSUSDT | +0.275% | +0.0100% | 1h | $39K | $313K | 5x | as long as short |
| HTX PONS-USDT | +0.299% | +0.0100% | 4h | $67K | $490K | 20x | as long as short |