data as of
Settings8H · net · $10k
Price arb /

PONS

all PONS markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$166
spread now+0.057%7d average+0.002%fees + slippage, in and out−$172spread needed1.718%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.58350.0100pay 0.0013% / 1h5m 40s$27K$519K3x
ShortedgeX PONSUSDC0.58380.0322get 0.0161% / 4h2h 05m$20K$292K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$5.71
Funding while held
$6.66
Slippage, 4 orders
−$154.83
Fee SoDEX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$159.46
Spread needed to break even
1.718%
Slippage from SoDEX: live order book, 34 min ago; edgeX: live order book, 34 min ago.

Cost of waiting

funding view
Funding /8h
+0.0222%
Per $10,000 a day
+$6.66
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 34 min ago1.69 bp66.1 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 34 min ago11.83 bp20.3 bp −$20doesn't fitdoesn't fitdoesn't fit

PONS price on every exchange

against the cheapest. Click to use as the short leg.

PONS on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PONS/USDC PERP−1.662%+0.0033%1h$590$7K5.5xas long as short
BingX PONS-USDT−0.086%+0.0316%4h$3.3Mas long as short
Aster PONSUSDT−0.077%+0.0100%4h$1.0M$2.1M20xas long as short
Phemex PONSUSDT−0.051%+0.0100%4h$1.7M$3.3M20xas long as short
Lighter RH PONS−0.021%+0.0120%1h$400K$2.4M3xas long as short
MEXC PONS_USDT−0.017%+0.0298%4h$7.1M$5.4M20xas long as short
BloFin PONS-USDT−0.017%+0.0546%4h$1.7M$958K20xas long as short
Hyperliquid PONS−0.014%+0.0134%1h$58.2M$29.5M3xas long as short
SoDEX PONS-USDlong0.000%+0.0100%1h$27K$519K3x
Extended PONS-USD+0.007%+0.0296%1h$87K$545K5xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate PONS_USDT+0.017%+0.0100%4h$5.2M$7.8M20xas long as short
Aevo PONS-PERP+0.018%+0.0160%1h$3643xas long as short
Binance PONSUSDT+0.019%+0.0295%4h$37.8M$98.9M20xas long as short
KuCoin PONSUSDTM+0.033%+0.0100%4h$1.7M$3.4M20xas long as short
gTrade (Gains Network) PONS/USD+0.033%L +0.0032% / S −0.0032%1h$212K150xas long as short
Pacifica PONS+0.036%+0.0285%1h$46K$119K3xas long as short
HTX PONS-USDT+0.039%+0.0100%4h$62K$498K20xas long as short
OKX PONS-USDT-SWAP+0.051%+0.0152%4h$13.1M$55.5M20xas long as short
edgeX PONSUSDCshort+0.057%+0.0322%4h$20K$292K10x
Lighter PONS+0.062%+0.0624%1h$1.7M$869K3xas long as short
Phoenix PONS+0.067%+0.1523%1h$23K$61K3xas long as short
Bitget PONSUSDT+0.093%+0.0136%4h$4.5M$11.5M20xas long as short
Popdex PONSUSDT+0.103%+0.0096%1h$14K$507K20xas long as short
Polymarket Perps PONS-USD+0.110%+0.0352%1h$70K$1.8M3xas long as short
Variational Omni PONS+0.120%+0.0100%4h$1.2M$3.9Mas long as short
Nado PONS-PERP+0.120%+0.0100%1h$72K$95K5xas long as short
Bybit PONSUSDT+0.120%+0.0100%4h$17.5M$30.5M20xas long as short
SunX PONS-USDT+0.142%+0.0100%4h$1.4M10xas long as short
Orderly PERP_PONS_USDC_mythos+0.147%+0.0100%4h$2K$3K10xas long as short
ApeX Omni PONSUSDT+0.202%+0.0100%1h$30K$319K5xas long as short