After costs, if the gap returns to its 7d average, $10k−$621
spread now+0.097%7d average+0.011%fees + slippage, in and out−$630spread needed6.298%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PONS-USD | 0.6389 | 0.0100 | pay 0.0013% / 1h | 37m 15s | $29K | $462K | 3x |
| Short | HTX PONS-USDT | 0.6395 | 0.0100 | get 0.0050% / 4h | 1h 37m | $67K | $490K | 20x |
SoDEX PONS-USD
HTX 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
- $9.7
- Funding while held
- $0
- Slippage, 4 orders
- −$609.84
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$620.13
- Spread needed to break even
- 6.298%
Slippage from SoDEX: live order book, 18 min ago; HTX: live order book, 18 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 18 min ago | 2.37 bp | 70.6 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 18 min ago | 33.43 bp | 233.1 bp −$233 | 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
ApeX Omni0.6353+10.715%edgeX0.6355+10.759%Phoenix0.6356+10.772%BloFin0.6358+10.805%Aster0.6363+10.896%gTrade (Gains Network)0.6372+11.045%Variational Omni0.6373+11.066%Gate0.6373+11.067%BingX0.6373+11.067%Nado0.6377+11.133%Lighter RH0.6377+11.136%Lighter0.6377+11.143%Orderly0.6378+11.155%Pacifica0.6379+11.169%Phemex0.6379+11.171%Aevo0.6379+11.178%KuCoin0.6380+11.183%OKX0.6382+11.223%Popdex0.6382+11.223%Polymarket Perps0.6382+11.223%Bybit0.6383+11.241%MEXC0.6383+11.241%Extended0.6383+11.247%Hyperliquid0.6384+11.255%Binance0.6386+11.289%Bitget0.6388+11.325%
Injective
ApeX Omni
Phoenix
BloFin
Aster
gTrade (Gains Network)
Variational Omni
Gate
BingX
Nado
Lighter RH
Lighter
Orderly
Pacifica
Phemex
Aevo
KuCoin
OKX
Popdex
Polymarket Perps
Bybit
MEXC
Extended
Hyperliquid
Binance
BitgetSoDEX0.6389+11.345%
SunX0.6391+11.375%
SunXHTX0.6395+11.453%
PONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −10.189% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| ApeX Omni PONSUSDT | −0.567% | +0.0100% | 1h | $40K | $316K | 5x | as long as short |
| edgeX PONSUSDC | −0.526% | +0.0701% | 4h | $22K | $287K | 10x | as long as short |
| Phoenix PONS | −0.515% | +0.1767% | 1h | $26K | $45K | 3x | as long as short |
| BloFin PONS-USDT | −0.485% | +0.0927% | 4h | $1.9M | $905K | 20x | as long as short |
| Aster PONSUSDT | −0.404% | +0.0400% | 4h | $1.1M | $2.2M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.270% | L +0.0032% / S −0.0032% | 1h | $228K | — | 150x | as long as short |
| Variational Omni PONS | −0.251% | +0.0496% | 4h | $1.8M | $3.3M | — | as long as short |
| Gate PONS_USDT | −0.250% | +0.0962% | 4h | $5.7M | $7.1M | 20x | as long as short |
| BingX PONS-USDT | −0.250% | +0.0688% | 4h | — | $2.9M | — | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PONS-PERP | −0.190% | +0.0455% | 1h | $117K | $67K | 5x | as long as short |
| Lighter RH PONS | −0.188% | +0.0288% | 1h | $451K | $2.2M | 3x | as long as short |
| Lighter PONS | −0.182% | +0.0824% | 1h | $1.8M | $729K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | −0.171% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Pacifica PONS | −0.159% | +0.0858% | 1h | $49K | $166K | 3x | as long as short |
| Phemex PONSUSDT | −0.157% | +0.0100% | 4h | $1.8M | $3.4M | 20x | as long as short |
| Aevo PONS-PERP | −0.151% | +0.0256% | 1h | $397 | — | 3x | as long as short |
| KuCoin PONSUSDTM | −0.146% | +0.0566% | 4h | $2.3M | $2.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.110% | +0.0210% | 4h | $15.2M | $56.7M | 20x | as long as short |
| Popdex PONSUSDT | −0.110% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| Polymarket Perps PONS-USD | −0.110% | +0.0484% | 1h | $64K | $1.7M | 3x | as long as short |
| Bybit PONSUSDT | −0.094% | +0.0629% | 4h | $20.4M | $26.0M | 20x | as long as short |
| MEXC PONS_USDT | −0.094% | +0.0678% | 4h | $8.2M | $4.9M | 20x | as long as short |
| Extended PONS-USD | −0.088% | +0.0672% | 1h | $161K | $463K | 5x | as long as short |
| Hyperliquid PONS | −0.081% | +0.0985% | 1h | $64.8M | $25.3M | 3x | as long as short |
| Binance PONSUSDT | −0.051% | +0.0672% | 4h | $43.0M | $92.5M | 20x | as long as short |
| Bitget PONSUSDT | −0.019% | +0.0706% | 4h | $5.1M | $10.4M | 20x | as long as short |
| SoDEX PONS-USDlong | 0.000% | +0.0100% | 1h | $29K | $462K | 3x | |
| SunX PONS-USDT | +0.027% | +0.0100% | 4h | — | $1.2M | 10x | as long as short |
| HTX PONS-USDTshort | +0.097% | +0.0100% | 4h | $67K | $490K | 20x |