After costs, if the gap returns to its 7d average, $10k−$157
spread now−0.089%7d average−0.018%fees + slippage, in and out−$150spread needed1.503%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PONS-USD | 0.6266 | 0.0100 | pay 0.0013% / 1h | 38m 10s | $28K | $482K | 3x |
| Short | OKX PONS-USDT-SWAP | 0.6260 | 0.0168 | get 0.0084% / 4h | 38m 10s | $14.8M | $55.4M | 20x |
Price 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
- −$8.94
- Funding while held
- $2.05
- Slippage, 4 orders
- −$132.34
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$157.22
- Spread needed to break even
- 1.503%
Slippage from SoDEX: live order book, 12 min ago; OKX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0068%
- Per $10,000 a day
- +$2.05
- 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, 12 min ago | 1.58 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.79 bp | 10.7 bp −$11 | 26.1 bp −$261 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −8.421% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| BingX PONS-USDT | −0.169% | +0.0730% | 4h | — | $2.9M | — | as long as short |
| gTrade (Gains Network) PONS/USD | −0.126% | L +0.0032% / S −0.0031% | 1h | $226K | — | 150x | as long as short |
| KuCoin PONSUSDTM | −0.124% | +0.0466% | 4h | $1.8M | $3.1M | 20x | as long as short |
| OKX PONS-USDT-SWAPshort | −0.089% | +0.0168% | 4h | $14.8M | $55.4M | 20x | |
| MEXC PONS_USDT | −0.041% | +0.0608% | 4h | $8.1M | $4.9M | 20x | as long as short |
| Nado PONS-PERP | −0.027% | +0.0651% | 1h | $114K | $67K | 5x | as long as short |
| Bitget PONSUSDT | −0.013% | +0.0510% | 4h | $4.9M | $10.8M | 20x | as long as short |
| Bybit PONSUSDT | −0.010% | +0.0787% | 4h | $20.3M | $26.9M | 20x | as long as short |
| Binance PONSUSDT | −0.008% | +0.0610% | 4h | $42.1M | $93.5M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended PONS-USD | −0.001% | +0.0608% | 1h | $94K | $536K | 5x | as long as short |
| SoDEX PONS-USDlong | 0.000% | +0.0100% | 1h | $28K | $482K | 3x | |
| Gate PONS_USDT | +0.038% | +0.0100% | 4h | $5.6M | $7.0M | 20x | as long as short |
| Hyperliquid PONS | +0.041% | +0.1114% | 1h | $64.0M | $26.2M | 3x | as long as short |
| SunX PONS-USDT | +0.043% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| Aevo PONS-PERP | +0.046% | +0.0232% | 1h | $391 | — | 3x | as long as short |
| Phemex PONSUSDT | +0.054% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Lighter RH PONS | +0.065% | +0.0224% | 1h | $423K | $2.2M | 3x | as long as short |
| Popdex PONSUSDT | +0.086% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.086% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Lighter PONS | +0.105% | +0.1008% | 1h | $1.8M | $716K | 3x | as long as short |
| Pacifica PONS | +0.109% | +0.0472% | 1h | $48K | $166K | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.110% | +0.0526% | 1h | $75K | $1.8M | 3x | as long as short |
| HTX PONS-USDT | +0.409% | +0.0100% | 4h | $67K | $497K | 20x | as long as short |
| BloFin PONS-USDT | +0.437% | +0.0850% | 4h | $1.9M | $921K | 20x | as long as short |
| Aster PONSUSDT | +0.464% | +0.0415% | 4h | $1.1M | $2.2M | 20x | as long as short |
| Variational Omni PONS | +0.524% | +0.0609% | 4h | $1.8M | $3.4M | — | as long as short |
| ApeX Omni PONSUSDT | +0.666% | +0.0100% | 1h | $40K | $317K | 5x | as long as short |
| edgeX PONSUSDC | +0.739% | +0.0609% | 4h | $21K | $288K | 10x | as long as short |
| Phoenix PONS | +1.235% | +0.1489% | 1h | $26K | $51K | 3x | as long as short |
SoDEX PONS-USD
OKX PONS-USDT-SWAP
Injective
BingX
gTrade (Gains Network)
KuCoin
MEXC
Bitget
Bybit
Binance
Extended
Gate
Hyperliquid
SunX
Phemex
Lighter RH
Popdex
Lighter
Pacifica
Polymarket Perps
HTX
BloFin
Aster
Variational Omni
ApeX Omni
Phoenix