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−$158
spread now−0.145%7d average+0.014%fees + slippage, in and out−$142spread needed1.418%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX PONS-USD0.63640.0100pay 0.0013% / 1h39m 54s$29K$463K3x
ShortMEXC PONS_USDT0.63550.0682get 0.0341% / 4h1h 39m$8.1M$4.8M20x

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
−$14.46
Funding while held
$17.46
Slippage, 4 orders
−$133.83
Fee SoDEX: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$138.83
Spread needed to break even
1.418%
Slippage from SoDEX: live order book, 15 min ago; MEXC: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0582%
Per $10,000 a day
+$17.46
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, 15 min ago2.37 bp70.6 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.79 bp5.2 bp −$512.9 bp −$129388.8 bp −$38.9Kdoesn'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−9.839%+0.0033%1h$590$15K5.5xas long as short
BingX PONS-USDT−0.302%+0.0702%4h$2.9Mas long as short
OKX PONS-USDT-SWAP−0.286%+0.0212%4h$15.2M$56.3M20xas long as short
Bybit PONSUSDT−0.255%+0.0626%4h$20.3M$26.1M20xas long as short
Bitget PONSUSDT−0.231%+0.0722%4h$5.0M$10.4M20xas long as short
Hyperliquid PONS−0.176%+0.0979%1h$64.4M$25.3M3xas long as short
Binance PONSUSDT−0.156%+0.0687%4h$42.8M$92.5M20xas long as short
Gate PONS_USDT−0.145%+0.1004%4h$5.7M$7.1M20xas long as short
MEXC PONS_USDTshort−0.145%+0.0682%4h$8.1M$4.8M20x
Extended PONS-USD−0.131%+0.0688%1h$161K$463K5xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin PONSUSDTM−0.090%+0.0568%4h$2.3M$2.1M20xas long as short
Aster PONSUSDT−0.040%+0.0422%4h$1.1M$2.2M20xas long as short
Lighter PONS−0.036%+0.0904%1h$1.8M$729K3xas long as short
gTrade (Gains Network) PONS/USD−0.014%L +0.0032% / S −0.0032%1h$228K150xas long as short
SoDEX PONS-USDlong0.000%+0.0100%1h$29K$463K3x
Aevo PONS-PERP+0.013%+0.0240%1h$3973xas long as short
ApeX Omni PONSUSDT+0.024%+0.0100%1h$40K$319K5xas long as short
Phemex PONSUSDT+0.028%+0.0100%4h$1.8M$3.4M20xas long as short
Orderly PERP_PONS_USDC_mythos+0.077%+0.0100%4h$2K$2K10xas long as short
edgeX PONSUSDC+0.089%+0.0693%4h$22K$289K10xas long as short
Lighter RH PONS+0.091%+0.0384%1h$454K$2.2M3xas long as short
Popdex PONSUSDT+0.123%+0.0096%1h$20K$470K20xas long as short
Variational Omni PONS+0.137%+0.0496%4h$1.8M$3.3Mas long as short
Nado PONS-PERP+0.154%+0.0477%1h$117K$67K5xas long as short
Polymarket Perps PONS-USD+0.160%+0.0475%1h$64K$1.7M3xas long as short
Phoenix PONS+0.162%+0.1767%1h$26K$45K3xas long as short
SunX PONS-USDT+0.190%+0.0100%4h$1.2M10xas long as short
Pacifica PONS+0.261%+0.0858%1h$49K$176K3xas long as short
BloFin PONS-USDT+0.358%+0.0924%4h$1.9M$911K20xas long as short
HTX PONS-USDT+0.380%+0.0100%4h$67K$490K20xas long as short