Spread before costs (cost unknown: a leg has no order-book sample)+0.307%
7d average−0.023%if it closes, per $10,000$31funding while held, a day+$1.59
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PONS | 0.6352 | 0.0573 | pay 0.0287% / 4h | 52m 27s | $1.8M | $3.4M | — |
| Short | MEXC PONS_USDT | 0.6371 | 0.0626 | get 0.0313% / 4h | 52m 27s | $8.2M | $4.9M | 20x |
Variational Omni PONS
MEXC 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
- $30.68
- Funding while held
- $1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $32.27
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; MEXC: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0053%
- Per $10,000 a day
- +$1.59
- 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 Variational Omni RFQ quote, 3 min ago | 5.50 bp | doesn't fit | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.57 bp | 6.2 bp −$6 | 15.4 bp −$154 | 455.1 bp −$45.5K | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapest
Phoenix0.6343+10.549%gTrade (Gains Network)0.6349+10.651%
Injective
Phoenix
gTrade (Gains Network)Variational Omni0.6352+10.692%
Phemex0.6355+10.753%SoDEX0.6355+10.762%Aevo0.6357+10.788%Polymarket Perps0.6358+10.810%edgeX0.6359+10.829%SunX0.6360+10.831%ApeX Omni0.6360+10.837%Orderly0.6360+10.837%BloFin0.6362+10.875%BingX0.6364+10.910%KuCoin0.6368+10.976%Gate0.6368+10.979%Pacifica0.6369+10.993%Aster0.6369+10.997%Lighter RH0.6370+11.021%
Phemex
SoDEX
Aevo
Polymarket Perps
SunX
ApeX Omni
Orderly
BloFin
BingX
KuCoin
Gate
Pacifica
Aster
Lighter RHMEXC0.6371+11.032%
Bitget0.6372+11.049%Extended0.6372+11.053%Lighter0.6373+11.067%Hyperliquid0.6374+11.084%OKX0.6374+11.084%Binance0.6375+11.101%Nado0.6375+11.102%Bybit0.6376+11.119%Popdex0.6376+11.119%HTX0.6381+11.209%
Bitget
Extended
Lighter
Hyperliquid
OKX
Binance
Nado
Bybit
Popdex
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 | −9.659% | +0.0033% | 1h | $590 | $15K | 5.5x | as long as short |
| Phoenix PONS | −0.129% | +0.1489% | 1h | $26K | $51K | 3x | as long as short |
| gTrade (Gains Network) PONS/USD | −0.038% | L +0.0032% / S −0.0031% | 1h | $229K | — | 150x | as long as short |
| Variational Omni PONSlong | 0.000% | +0.0573% | 4h | $1.8M | $3.4M | — | |
| Phemex PONSUSDT | +0.055% | +0.0100% | 4h | $1.8M | $3.3M | 20x | as long as short |
| SoDEX PONS-USD | +0.063% | +0.0100% | 1h | $28K | $475K | 3x | as long as short |
| Aevo PONS-PERP | +0.086% | +0.0240% | 1h | $396 | — | 3x | as long as short |
| Polymarket Perps PONS-USD | +0.107% | +0.0644% | 1h | $76K | $1.8M | 3x | as long as short |
| edgeX PONSUSDC | +0.124% | +0.0628% | 4h | $22K | $288K | 10x | as long as short |
| SunX PONS-USDT | +0.126% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PONSUSDT | +0.130% | +0.0100% | 1h | $40K | $317K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.130% | +0.0100% | 4h | $2K | $2K | 10x | as long as short |
| BloFin PONS-USDT | +0.165% | +0.0867% | 4h | $1.9M | $925K | 20x | as long as short |
| BingX PONS-USDT | +0.197% | +0.0710% | 4h | — | $2.9M | — | as long as short |
| KuCoin PONSUSDTM | +0.256% | +0.0550% | 4h | $1.9M | $2.9M | 20x | as long as short |
| Gate PONS_USDT | +0.260% | +0.0224% | 4h | $5.7M | $6.8M | 20x | as long as short |
| Pacifica PONS | +0.272% | +0.0472% | 1h | $49K | $166K | 3x | as long as short |
| Aster PONSUSDT | +0.276% | +0.0415% | 4h | $1.1M | $2.1M | 20x | as long as short |
| Lighter RH PONS | +0.297% | +0.0248% | 1h | $439K | $2.2M | 3x | as long as short |
| MEXC PONS_USDTshort | +0.307% | +0.0626% | 4h | $8.2M | $4.9M | 20x | |
| Bitget PONSUSDT | +0.323% | +0.0570% | 4h | $5.0M | $10.7M | 20x | as long as short |
| Extended PONS-USD | +0.326% | +0.0624% | 1h | $161K | $471K | 5x | as long as short |
| Lighter PONS | +0.338% | +0.1416% | 1h | $1.8M | $710K | 3x | as long as short |
| Hyperliquid PONS | +0.354% | +0.1198% | 1h | $65.0M | $26.0M | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.354% | +0.0178% | 4h | $15.1M | $56.3M | 20x | as long as short |
| Binance PONSUSDT | +0.370% | +0.0625% | 4h | $42.7M | $93.1M | 20x | as long as short |
| Nado PONS-PERP | +0.370% | +0.0728% | 1h | $117K | $71K | 5x | as long as short |
| Bybit PONSUSDT | +0.385% | +0.0754% | 4h | $20.7M | $26.8M | 20x | as long as short |
| Popdex PONSUSDT | +0.385% | +0.0096% | 1h | $20K | $470K | 20x | as long as short |
| HTX PONS-USDT | +0.467% | +0.0100% | 4h | $67K | $493K | 20x | as long as short |