After costs, if the gap returns to its 7d average, $10k−$290
spread now+0.142%7d average−0.100%fees + slippage, in and out−$314spread needed3.141%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PONS-USDT | 0.6146 | 0.0100 | pay 0.0050% / 4h | 3h 29m | — | $1.4M | 10x |
| Short | Gate PONS_USDT | 0.6155 | −0.0184 | pay 0.0092% / 4h | 3h 29m | $5.5M | $7.4M | 20x |
SunX PONS-USDT
Gate 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
- $14.15
- Funding while held
- −$8.52
- Slippage, 4 orders
- −$289.1
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$308.46
- Spread needed to break even
- 3.141%
Slippage from SunX: live order book, 11 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0284%
- Per $10,000 a day
- −$8.52
- 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 SunX live order book, 11 min ago | 105.01 bp | 124.7 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.25 bp | 32.6 bp −$33 | 421.1 bp −$4,211 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Aevo0.6141+7.031%BingX0.6144+7.076%Pacifica0.6145+7.089%Aster0.6145+7.090%
Injective
Aevo
BingX
Pacifica
AsterSunX0.6146+7.116%
OKX0.6148+7.145%Polymarket Perps0.6149+7.154%gTrade (Gains Network)0.6149+7.156%Bybit0.6149+7.163%Extended0.6149+7.167%Lighter RH0.6150+7.182%Binance0.6151+7.191%SoDEX0.6151+7.199%Lighter0.6151+7.206%KuCoin0.6152+7.208%Bitget0.6152+7.208%Popdex0.6152+7.215%MEXC0.6152+7.215%Phemex0.6152+7.215%Hyperliquid0.6152+7.224%
OKX
Polymarket Perps
gTrade (Gains Network)
Bybit
Extended
Lighter RH
Binance
SoDEX
Lighter
KuCoin
Bitget
Popdex
MEXC
Phemex
HyperliquidGate0.6155+7.267%
Orderly0.6159+7.330%Nado0.6159+7.341%HTX0.6172+7.571%BloFin0.6182+7.738%Phoenix0.6182+7.741%Variational Omni0.6182+7.744%edgeX0.6185+7.793%ApeX Omni0.6190+7.877%
Orderly
Nado
HTX
BloFin
Phoenix
Variational Omni
ApeX OmniPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −6.643% | +0.0033% | 1h | $590 | $11K | 5.5x | as long as short |
| Aevo PONS-PERP | −0.079% | +0.0200% | 1h | $383 | — | 3x | as long as short |
| BingX PONS-USDT | −0.037% | +0.0476% | 4h | — | $3.1M | — | as long as short |
| Pacifica PONS | −0.025% | +0.0616% | 1h | $51K | $123K | 3x | as long as short |
| Aster PONSUSDT | −0.024% | +0.0100% | 4h | $1.1M | $2.1M | 20x | as long as short |
| SunX PONS-USDTlong | 0.000% | +0.0100% | 4h | — | $1.4M | 10x | |
| OKX PONS-USDT-SWAP | +0.028% | +0.0146% | 4h | $14.2M | $54.2M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.036% | +0.0620% | 1h | $60K | $1.8M | 3x | as long as short |
| gTrade (Gains Network) PONS/USD | +0.038% | L +0.0032% / S −0.0031% | 1h | $222K | — | 150x | as long as short |
| Bybit PONSUSDT | +0.044% | +0.0624% | 4h | $19.0M | $27.9M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended PONS-USD | +0.048% | +0.0488% | 1h | $92K | $539K | 5x | as long as short |
| Lighter RH PONS | +0.062% | +0.0944% | 1h | $426K | $2.3M | 3x | as long as short |
| Binance PONSUSDT | +0.070% | +0.0488% | 4h | $40.8M | $93.4M | 20x | as long as short |
| SoDEX PONS-USD | +0.078% | +0.0100% | 1h | $27K | $459K | 3x | as long as short |
| Lighter PONS | +0.085% | +0.1424% | 1h | $1.8M | $781K | 3x | as long as short |
| KuCoin PONSUSDTM | +0.086% | +0.0252% | 4h | $1.8M | $3.1M | 20x | as long as short |
| Bitget PONSUSDT | +0.086% | +0.0260% | 4h | $4.7M | $10.8M | 20x | as long as short |
| Popdex PONSUSDT | +0.093% | +0.0096% | 1h | $19K | $473K | 20x | as long as short |
| MEXC PONS_USDT | +0.093% | +0.0494% | 4h | $7.6M | $5.1M | 20x | as long as short |
| Phemex PONSUSDT | +0.093% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| Hyperliquid PONS | +0.101% | +0.0556% | 1h | $61.9M | $27.2M | 3x | as long as short |
| Gate PONS_USDTshort | +0.142% | −0.0184% | 4h | $5.5M | $7.4M | 20x | |
| Orderly PERP_PONS_USDC_mythos | +0.200% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| Nado PONS-PERP | +0.211% | +0.0332% | 1h | $111K | $68K | 5x | as long as short |
| HTX PONS-USDT | +0.425% | +0.0100% | 4h | $66K | $492K | 20x | as long as short |
| BloFin PONS-USDT | +0.581% | +0.0734% | 4h | $1.8M | $950K | 20x | as long as short |
| Phoenix PONS | +0.584% | +0.1528% | 1h | $25K | $61K | 3x | as long as short |
| Variational Omni PONS | +0.586% | +0.0439% | 4h | $1.5M | $3.6M | — | as long as short |
| edgeX PONSUSDC | +0.632% | +0.0515% | 4h | $22K | $293K | 10x | as long as short |
| ApeX Omni PONSUSDT | +0.711% | +0.0100% | 1h | $39K | $318K | 5x | as long as short |