After costs, if the gap returns to its 7d average, $10k−$199
spread now−0.022%7d average−0.009%fees + slippage, in and out−$197spread needed1.975%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PONS-USD | 0.6418 | 0.0100 | pay 0.0013% / 1h | 36m 08s | $29K | $462K | 3x |
| Short | KuCoin PONSUSDTM | 0.6416 | 0.0568 | get 0.0284% / 4h | 1h 36m | $2.3M | $2.1M | 20x |
SoDEX PONS-USD
KuCoin PONSUSDTMPrice 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
- −$2.18
- Funding while held
- $14.04
- Slippage, 4 orders
- −$177.49
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$185.63
- Spread needed to break even
- 1.975%
Slippage from SoDEX: live order book, 19 min ago; KuCoin: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0468%
- Per $10,000 a day
- +$14.04
- 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, 19 min ago | 2.37 bp | 70.6 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 3.06 bp | 36.2 bp −$36 | 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%Variational Omni0.6373+11.066%BloFin0.6387+11.311%Gate0.6400+11.537%gTrade (Gains Network)0.6405+11.624%BingX0.6406+11.642%Aster0.6409+11.687%Binance0.6413+11.764%Pacifica0.6414+11.787%Bybit0.6415+11.799%OKX0.6415+11.799%Lighter RH0.6416+11.814%Bitget0.6416+11.814%Phemex0.6416+11.816%
Injective
ApeX Omni
Phoenix
Variational Omni
BloFin
Gate
gTrade (Gains Network)
BingX
Aster
Binance
Pacifica
Bybit
OKX
Lighter RH
Bitget
PhemexKuCoin0.6416+11.818%
Orderly0.6417+11.830%Popdex0.6417+11.833%Polymarket Perps0.6418+11.842%
Orderly
Popdex
Polymarket PerpsSoDEX0.6418+11.842%
MEXC0.6418+11.851%Extended0.6419+11.863%Hyperliquid0.6419+11.865%Lighter0.6419+11.865%Nado0.6420+11.886%SunX0.6422+11.924%Aevo0.6425+11.967%HTX0.6433+12.107%
MEXC
Extended
Hyperliquid
Lighter
Nado
SunX
Aevo
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 | −10.588% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| ApeX Omni PONSUSDT | −1.008% | +0.0100% | 1h | $40K | $316K | 5x | as long as short |
| edgeX PONSUSDC | −0.968% | +0.0701% | 4h | $22K | $287K | 10x | as long as short |
| Phoenix PONS | −0.957% | +0.1767% | 1h | $26K | $45K | 3x | as long as short |
| Variational Omni PONS | −0.694% | +0.0496% | 4h | $1.8M | $3.3M | — | as long as short |
| BloFin PONS-USDT | −0.475% | +0.0912% | 4h | $1.9M | $911K | 20x | as long as short |
| Gate PONS_USDT | −0.273% | +0.0978% | 4h | $5.7M | $7.1M | 20x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.195% | L +0.0032% / S −0.0032% | 1h | $229K | — | 150x | as long as short |
| BingX PONS-USDT | −0.179% | +0.0678% | 4h | — | $2.9M | — | as long as short |
| Aster PONSUSDT | −0.139% | +0.0425% | 4h | $1.1M | $2.2M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance PONSUSDT | −0.070% | +0.0686% | 4h | $43.2M | $92.5M | 20x | as long as short |
| Pacifica PONS | −0.050% | +0.0858% | 1h | $49K | $166K | 3x | as long as short |
| Bybit PONSUSDT | −0.039% | +0.0635% | 4h | $20.5M | $26.1M | 20x | as long as short |
| OKX PONS-USDT-SWAP | −0.039% | +0.0205% | 4h | $15.3M | $57.0M | 20x | as long as short |
| Lighter RH PONS | −0.025% | +0.0424% | 1h | $453K | $2.2M | 3x | as long as short |
| Bitget PONSUSDT | −0.025% | +0.0706% | 4h | $5.1M | $10.4M | 20x | as long as short |
| Phemex PONSUSDT | −0.023% | +0.0100% | 4h | $1.8M | $3.4M | 20x | as long as short |
| KuCoin PONSUSDTMshort | −0.022% | +0.0568% | 4h | $2.3M | $2.1M | 20x | |
| Orderly PERP_PONS_USDC_mythos | −0.011% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Popdex PONSUSDT | −0.008% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| Polymarket Perps PONS-USD | 0.000% | +0.0512% | 1h | $65K | $1.7M | 3x | as long as short |
| SoDEX PONS-USDlong | 0.000% | +0.0100% | 1h | $29K | $462K | 3x | |
| MEXC PONS_USDT | +0.008% | +0.0670% | 4h | $8.2M | $4.9M | 20x | as long as short |
| Extended PONS-USD | +0.019% | +0.0688% | 1h | $162K | $463K | 5x | as long as short |
| Hyperliquid PONS | +0.020% | +0.0997% | 1h | $65.1M | $25.3M | 3x | as long as short |
| Lighter PONS | +0.020% | +0.0864% | 1h | $1.8M | $729K | 3x | as long as short |
| Nado PONS-PERP | +0.039% | +0.0453% | 1h | $118K | $67K | 5x | as long as short |
| SunX PONS-USDT | +0.073% | +0.0100% | 4h | — | $1.2M | 10x | as long as short |
| Aevo PONS-PERP | +0.112% | +0.0240% | 1h | $400 | — | 3x | as long as short |
| HTX PONS-USDT | +0.237% | +0.0100% | 4h | $67K | $490K | 20x | as long as short |