ArbiLayer

PONS arbitrage

live

Live Pons price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.05%Bybit → Bitget · Perp–Perp
Best perp–perp spread+0.11%Bybit → Bitget
Markets tracked1711 venues · 11 perp · 6 spot · 0 DEX
Price range0.15%$0.3966 – $0.3972

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.3967Bitget logoBitget$0.3971 +0.11%-0.05% +0.11%— 0.000%— LS Chart →
Bybit logoBybit$0.3967MEXC logoMEXC$0.3971 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
Bybit logoBybit$0.3967KuCoin logoKuCoin$0.3971 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
Gate logoGate$0.3968Bitget logoBitget$0.3971 +0.08%-0.08% +0.04%— -0.269%— LS Chart →
Bybit logoBybit$0.3967Binance logoBinance$0.397 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
Gate logoGate$0.3968MEXC logoMEXC$0.3971 +0.08%-0.08% +0.03%— -0.269%— LS Chart →
Gate logoGate$0.3968KuCoin logoKuCoin$0.3971 +0.08%-0.08% +0.03%— -0.269%— LS Chart →
Bybit logoBybit$0.3967Aster logoAster$0.397 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
OKX logoOKX$0.3969Bitget logoBitget$0.3971 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Bybit logoBybit$0.3967Variational logoVariational$0.3969 +0.05%-0.11% +0.05%— -0.000%— LS Chart →
Gate logoGate$0.3968Binance logoBinance$0.397 +0.05%-0.11% +0.01%— -0.269%— LS Chart →
OKX logoOKX$0.3969MEXC logoMEXC$0.3971 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
OKX logoOKX$0.3969KuCoin logoKuCoin$0.3971 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Gate logoGate$0.3968Aster logoAster$0.397 +0.04%-0.12% -0.00%— -0.269%— LS Chart →
Bybit logoBybit$0.3967OKX logoOKX$0.3968 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

PONS price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · PONS-USDT-SWAPPerpetual $0.3968$0.3969$0.39690.00% +0.030%$38.67M
Bybit logoBybitPerpetual · PONSUSDTPerpetual $0.3966$0.3967$0.3967-0.05% +0.030%$25.01M
Hyperliquid logoHyperliquidPerpetual · PONSPerpetual $0.3965$0.3972$0.3969+0.00% +0.030%$17.07M
Bitget logoBitgetPerpetual · PONSUSDTPerpetual $0.3971$0.3973$0.3972+0.09% +0.030%$7.92M
OKX logoOKXSpot · PONS-USDTSpot $0.3966$0.3968$0.3967-0.04% —$6.89M
Gate logoGateSpot · PONS_USDTSpot $0.3966$0.3968$0.3967-0.04% —$5.59M
MEXC logoMEXCPerpetual · PONS_USDTPerpetual $0.3971$0.3972$0.3972+0.08% +0.030%$4.44M
KuCoin logoKuCoinPerpetual · PONSUSDTMPerpetual $0.3971$0.3974$0.3972+0.09% +0.030%$3.08M
KuCoin logoKuCoinSpot · PONS-USDTSpot $0.3966$0.3968$0.3967-0.04% —$3.00M
Variational logoVariationalPerpetual · PONSPerpetual $0.3969$0.3974$0.3972+0.08% +0.030%$2.65M
Bybit logoBybitSpot · PONSUSDTSpot $0.3966$0.3968$0.3967-0.04% —$2.20M
Gate logoGatePerpetual · PONS_USDTPerpetual $0.3967$0.3968$0.3968-0.03% +0.299%$1.08M
Bitget logoBitgetSpot · PONSUSDTSpot $0.3966$0.397$0.3968-0.01% —$975.3K
HTX logoHTXPerpetual · PONS-USDTPerpetual $0.3963$0.3974$0.3969+0.00% +0.015%$265.2K
Binance logoBinancePerpetual · PONSUSDTPerpetual $0.397$0.3971$0.3971+0.05% +0.030%—
Aster logoAsterPerpetual · PONSUSDTPerpetual $0.397$0.3971$0.397+0.05% +0.030%—
MEXC logoMEXCSpot · PONSUSDTSpot $0.3965$0.3968$0.3966-0.05% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PONS arbitrage explained

Right now Pons (PONS) trades on 11 venues we scan: 11 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.3967 and the highest bid on Bitget perp at $0.3971.

The widest PONS perpetual spread is between Bybit and Bitget: long PONS on Bybit at $0.3967 and short on Bitget at $0.3971 for +0.11% gross, or -0.05% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best PONS route is to buy spot on Bybit and short the perpetual on Bitget: +0.08% gross, -0.12% net, with +0.030% a day of funding on the short leg.

Spot–spot PONS arbitrage (buy on Bybit, withdraw, deposit and sell on OKX) shows -0.05% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small PONS gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: PONS funding rates · PONS spread charts · Pons price · arbitrage scanner for all coins.

Is there a PONS arbitrage opportunity right now?

The best PONS route right now is to buy on Bybit → sell on Bitget (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest PONS?

Bybit (perp) has the lowest PONS ask at $0.3967, and Bitget (perp) the highest bid at $0.3971. Prices update every 15 seconds on this page.

How many exchanges list PONS?

ArbiLayer tracks 17 PONS markets on 11 venues: 11 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage PONS without transferring coins?

Use two perpetual contracts: go long PONS on the cheaper exchange (Bybit now) and short it on the more expensive one (Bitget), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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