data as of
Settings8H · net · $10k
Price arb /

PONS

all PONS markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.073%
7d average−0.035%if it closes, per $10,000$7funding while held, a day−$0.12
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PONS-USDT0.63240.0100pay 0.0050% / 4h48m 42s$1.3M10x
ShortPopdex PONSUSDT0.63190.0096get 0.0012% / 1h48m 42s$20K$470K20x

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
−$7.27
Funding while held
−$0.12
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$23.79
Spread needed to break even
0.164%
Slippage unknown: SunX: live order book, 2 min ago; Popdex: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0004%
Per $10,000 a day
$0.12
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 SunX live order book, 2 min ago106.75 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Popdex live order book, 2 min ago3.71 bp80.7 bp −$81doesn't fitdoesn't fitdoesn'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−9.261%+0.0033%1h$590$15K5.5xas long as short
OKX PONS-USDT-SWAP−0.357%+0.0177%4h$14.9M$55.7M20xas long as short
BingX PONS-USDT−0.357%+0.0716%4h$2.9Mas long as short
Lighter RH PONS−0.327%+0.0192%1h$436K$2.2M3xas long as short
Bybit PONSUSDT−0.310%+0.0753%4h$20.5M$26.8M20xas long as short
Bitget PONSUSDT−0.307%+0.0558%4h$4.9M$10.7M20xas long as short
Aster PONSUSDT−0.286%+0.0397%4h$1.1M$2.2M20xas long as short
Lighter PONS−0.263%+0.1024%1h$1.8M$711K3xas long as short
Hyperliquid PONS−0.255%+0.1106%1h$64.3M$26.0M3xas long as short
KuCoin PONSUSDTM−0.248%+0.0534%4h$1.8M$3.0M20xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended PONS-USD−0.240%+0.0616%1h$160K$471K5xas long as short
Binance PONSUSDT−0.226%+0.0617%4h$42.3M$93.2M20xas long as short
MEXC PONS_USDT−0.199%+0.0624%4h$8.1M$4.9M20xas long as short
gTrade (Gains Network) PONS/USD−0.186%L +0.0032% / S −0.0031%1h$228K150xas long as short
SoDEX PONS-USD−0.144%+0.0100%1h$28K$478K3xas long as short
Nado PONS-PERP−0.104%+0.0680%1h$116K$71K5xas long as short
BloFin PONS-USDT−0.104%+0.0857%4h$1.9M$920K20xas long as short
Polymarket Perps PONS-USD−0.103%+0.0570%1h$76K$1.8M3xas long as short
Aevo PONS-PERP−0.096%+0.0240%1h$3943xas long as short
Popdex PONSUSDTshort−0.073%+0.0096%1h$20K$470K20x
Gate PONS_USDT−0.073%+0.0100%4h$5.6M$6.9M20xas long as short
HTX PONS-USDT−0.055%+0.0100%4h$66K$494K20xas long as short
Phemex PONSUSDT−0.041%+0.0100%4h$1.7M$3.3M20xas long as short
Orderly PERP_PONS_USDC_mythos−0.036%+0.0100%4h$2K$2K10xas long as short
Pacifica PONS−0.024%+0.0472%1h$48K$166K3xas long as short
SunX PONS-USDTlong0.000%+0.0100%4h$1.3M10x
edgeX PONSUSDC+0.273%+0.0632%4h$22K$289K10xas long as short
ApeX Omni PONSUSDT+0.302%+0.0100%1h$40K$317K5xas long as short
Phoenix PONS+0.650%+0.1489%1h$26K$51K3xas long as short
Variational Omni PONS+0.697%+0.0598%4h$1.9M$3.4Mas long as short