ArbiLayer

PONS arbitrage

live

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

Best net spread-0.09%OKX → Binance · Perp–Perp
Best perp–perp spread+0.07%OKX → Binance
Markets tracked1711 venues · 11 perp · 6 spot · 0 DEX
Price range0.18%$0.4038 – $0.4045

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKX$0.4041Binance logoBinance$0.4044 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Variational logoVariational$0.4041Binance logoBinance$0.4044 +0.07%-0.09% +0.07%— +0.000%— LS Chart →
OKX logoOKX$0.4041KuCoin logoKuCoin$0.4044 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Variational logoVariational$0.4041KuCoin logoKuCoin$0.4044 +0.06%-0.10% +0.06%— +0.000%— LS Chart →
OKX logoOKX$0.4041Bitget logoBitget$0.4043 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Variational logoVariational$0.4041Bitget logoBitget$0.4043 +0.05%-0.11% +0.05%— +0.000%— LS Chart →
OKX logoOKX$0.4041MEXC logoMEXC$0.4043 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Variational logoVariational$0.4041MEXC logoMEXC$0.4043 +0.05%-0.11% +0.05%— +0.000%— LS Chart →
Gate logoGate$0.4042Binance logoBinance$0.4044 +0.05%-0.11% +0.05%— +0.002%+0.13% LS Chart →
Gate logoGate$0.4042KuCoin logoKuCoin$0.4044 +0.04%-0.12% +0.04%— +0.002%— LS Chart →
Gate logoGate$0.4042Bitget logoBitget$0.4043 +0.03%-0.13% +0.03%— +0.002%-1.58% LS Chart →
OKX logoOKX$0.4041Bybit logoBybit$0.4042 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Variational logoVariational$0.4041Bybit logoBybit$0.4042 +0.02%-0.14% +0.02%— +0.000%— LS Chart →
Gate logoGate$0.4042MEXC logoMEXC$0.4043 +0.02%-0.14% +0.03%— +0.002%-1.47% LS Chart →
Bybit logoBybit$0.4043Binance logoBinance$0.4044 +0.02%-0.14% +0.02%— 0.000%+0.54% 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 $0.404$0.4041$0.4041-0.05% +0.030%$48.96M
Bybit logoBybitPerpetual · PONSUSDTPerpetual $0.4042$0.4043$0.40430.00% +0.030%$29.86M
Hyperliquid logoHyperliquidPerpetual · PONSPerpetual $0.404$0.4047$0.4043+0.02% +0.030%$20.45M
Bitget logoBitgetPerpetual · PONSUSDTPerpetual $0.4043$0.4045$0.4044+0.04% +0.030%$9.68M
OKX logoOKXSpot · PONS-USDTSpot $0.404$0.4043$0.4042-0.02% —$8.70M
Gate logoGateSpot · PONS_USDTSpot $0.4038$0.4042$0.404-0.06% —$7.60M
MEXC logoMEXCPerpetual · PONS_USDTPerpetual $0.4043$0.4045$0.4044+0.04% +0.030%$5.38M
KuCoin logoKuCoinPerpetual · PONSUSDTMPerpetual $0.4044$0.4046$0.4045+0.06% +0.030%$3.70M
KuCoin logoKuCoinSpot · PONS-USDTSpot $0.404$0.4043$0.4042-0.02% —$3.55M
Variational logoVariationalPerpetual · PONSPerpetual $0.4034$0.4041$0.4038-0.12% +0.030%$3.25M
Bybit logoBybitSpot · PONSUSDTSpot $0.4041$0.4042$0.4042-0.02% —$2.77M
Gate logoGatePerpetual · PONS_USDTPerpetual $0.4041$0.4042$0.4042-0.02% +0.028%$1.36M
Bitget logoBitgetSpot · PONSUSDTSpot $0.4041$0.4045$0.4043+0.01% —$1.22M
HTX logoHTXPerpetual · PONS-USDTPerpetual $0.4037$0.405$0.4044+0.02% +0.015%$302.9K
Binance logoBinancePerpetual · PONSUSDTPerpetual $0.4044$0.4045$0.4045+0.05% +0.030%—
Aster logoAsterPerpetual · PONSUSDTPerpetual $0.404$0.4045$0.4043+0.00% +0.030%—
MEXC logoMEXCSpot · PONSUSDTSpot $0.404$0.4043$0.4042-0.02% ——
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 OKX perp at $0.4041 and the highest bid on Binance perp at $0.4044.

The widest PONS perpetual spread is between OKX and Binance: long PONS on OKX at $0.4041 and short on Binance at $0.4044 for +0.07% gross, or -0.09% 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 Binance: +0.05% gross, -0.15% net, with +0.030% a day of funding on the short leg.

Spot–spot PONS arbitrage (buy on Bybit, withdraw, deposit and sell on Bitget) shows -0.02% 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 OKX → sell on Binance (Perp–Perp): +0.07% gross and -0.09% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest PONS?

OKX (perp) has the lowest PONS ask at $0.4041, and Binance (perp) the highest bid at $0.4044. 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 (OKX now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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