PONS arbitrage
PONS on 21 exchanges spot and 26 in futures: live routes, past spreads and how long they last.
Prices at · open routes a minute older; real time in the scanners on paid plans · How we count
- Price
- $0.229950
- 24h volume
- $59.1M
- Exchanges
- 30
- 21 spot · 26 futures
- Routes now
- 4
- 0 take · 4 risky
- Gaps in 7 days
- 16,940
- 7,110 over a minute
PONS right now
PONS is cheapest on BigONE ($0.229795) and dearest on HTX ($0.2302): 0.18% apart across 18 exchanges with a liquid spot market, before fees.
4 routes in profit after fees are worth a look ("take" or "risky"); the best: Bybit → BingX, 0.04%.
Over 7 days a spread in profit opened 16,940 times, and 7,110 of them lasted a minute or longer; one usually closed within 12 s.
Funding per 8 hours runs from −0.0164% on Gate to 0.1380% on Kraken, across 20 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).
PONS arbitrage opportunities now
Spot and futures, no transfer
| Long | Short | Spread | Size at best price | Verdict |
|---|---|---|---|---|
| Bybit perp | BingX | 0.041% | $704 | Risky |
| MEXC spot | BingX | 0.025% | $704 | Risky |
| Aster perp | BingX | 0.017% | $704 | Risky |
PONS arbitrage strategy
No PONS route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:
- Watch LBank → Gate: the spread opened there 236 times in 7 days, 206 of them for a minute or longer; it usually lasts 3 min 08 s.
- The transfer is ready: PONS moves from LBank to Gate on ROBINHOOD, withdrawal fee 1 PONS. Keep USDT on LBank and PONS on Gate so you do not wait for it.
- Set an alert on the route: you hear when the spread pays after fees. Then buy on LBank and sell on Gate.
PONS price on every exchange
Refreshed every 10 seconds. The best buy and sell prices are highlighted.
Spot · 21
| Exchange | Bid | Ask | Book spread | 24h volume |
|---|---|---|---|---|
| GatePONS/USDT | 0.229900 | 0.230000 | 0.04% | $2.5M |
| OKXPONS/USDT | 0.229800 | 0.230100 | 0.13% | $2.3M |
| KuCoinPONS/USDT | 0.229900 | 0.230000 | 0.04% | $1.7M |
| HTXPONS/USDT | 0.229300 | 0.231100 | 0.78% | $1.6M |
| XTPONS/USDT | 0.229600 | 0.230300 | 0.30% | $1.4M |
| LBankPONS/USDT | 0.229511 | 0.230339 | 0.36% | $1.1M |
| BybitPONS/USDT | 0.229900 | 0.230100 | 0.09% | $857.1K |
| Coinbase ExchangePONS/USD | 0.229500 | 0.229800 | 0.13% | $633.6K |
| CoinbasePONS/USDC | 0.229500 | 0.229800 | 0.13% | $633.3K |
| CoinbasePONS/USD | 0.229500 | 0.229800 | 0.13% | $633.3K |
| MEXCPONS/USDT | 0.229732 | 0.230004 | 0.12% | $329.2K |
| BitgetPONS/USDT | 0.229800 | 0.230100 | 0.13% | $287.6K |
Perpetual futures · 26
| Exchange | Bid | Ask | Book spread | Funding | 24h volume |
|---|---|---|---|---|---|
| OKXPONS/USDT | 0.229900 | 0.230000 | 0.04% | 0.0050%/4h | $13.4M |
| BybitPONS/USDT | 0.229800 | 0.229900 | 0.04% | 0.0050%/4h | $6.4M |
| HyperliquidPONS/USDC | 0.230050 | 0.230120 | 0.03% | 0.0013%/1h | $5.8M |
| XTPONS/USDT | 0.230000 | 0.230200 | 0.09% | 0.0050%/4h | $2.7M |
| ToobitPONS/USDT | 0.230100 | 0.230200 | 0.04% | 0.0050%/4h | $2.5M |
| BitgetPONS/USDT | 0.229920 | 0.229990 | 0.03% | 0.0050%/4h | $2.3M |
| MEXCPONS/USDT | 0.230000 | 0.230100 | 0.04% | 0.0050%/4h | $2.2M |
| KuCoinPONS/USDT | 0.229980 | 0.230320 | 0.15% | 0.0050%/4h | $1.7M |
| GatePONS/USDT | 0.229900 | 0.230100 | 0.09% | −0.0082%/4h | $1.5M |
| PhemexPONS/USDT | 0.230000 | 0.230200 | 0.09% | 0.0050%/4h | $1.2M |
| DeepcoinPONS/USDT | 0.230000 | 0.230300 | 0.13% | 0.0050%/4h | $1.2M |
| BingXPONS/USDT | 0.230400 | 0.230500 | 0.04% | 0.0050%/4h | $1.1M |
How often PONS spreads open
Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.
| Market | Route | Over a minute | Gaps | Median lifetime |
|---|---|---|---|---|
| spot ↔ perp | LBank spot → MEXC perp | 244 | 269 | 4 min 03 s |
| perp ↔ perp | MEXC perp → Lighter perp | 242 | 281 | 5 min 15 s |
| spot → spot | LBank spot → Gate spot | 206 | 236 | 3 min 08 s |
| spot → spot | LBank spot → Bitrue spot | 196 | 225 | 3 min 05 s |
| spot → spot | Gate spot → LBank spot | 195 | 222 | 3 min 27 s |
| spot → spot | Bitrue spot → LBank spot | 185 | 211 | 3 min 05 s |
| spot ↔ perp | LBank spot → Phemex perp | 177 | 202 | 2 min 47 s |
| perp ↔ perp | MEXC perp → Hyperliquid perp | 170 | 193 | 7 min 30 s |
| perp ↔ perp | Gate perp → Lighter perp | 169 | 233 | 2 min 44 s |
| perp ↔ perp | Bybit perp → Hyperliquid perp | 133 | 149 | 8 min 56 s |
| perp ↔ perp | OKX perp → Hyperliquid perp | 125 | 149 | 8 min 56 s |
| perp ↔ perp | BTSE perp → Hyperliquid perp | 124 | 175 | 3 min 11 s |
| perp ↔ perp | XT perp → Lighter perp | 114 | 169 | 2 min 21 s |
| perp ↔ perp | Binance perp → Hyperliquid perp | 111 | 160 | 2 min 54 s |
| perp ↔ perp | OKX perp → Lighter perp | 109 | 133 | 4 min 36 s |
| perp ↔ perp | Toobit perp → Hyperliquid perp | 102 | 157 | 2 min 14 s |
| perp ↔ perp | Bybit perp → Lighter perp | 99 | 123 | 5 min 36 s |
| perp ↔ perp | Gate perp → Hyperliquid perp | 98 | 131 | 4 min 03 s |
| perp ↔ perp | Aster perp → Hyperliquid perp | 96 | 153 | 1 min 57 s |
| spot ↔ perp | MEXC spot → Lighter perp | 87 | 122 | 3 min 47 s |
Networks, deposits and withdrawals
Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.
| Network | Exchange | Deposit | Withdraw | Withdrawal fee |
|---|---|---|---|---|
| ROBINETH | Phemex | n/a | n/a | — |
| ROBINHOOD | BigONERobinhood | open | open | 4 PONS |
| BitgetRobinhood | open | n/a | 0.6539 PONS | |
| BitrueRobinhood | open | open | 2 PONS | |
| BTSE | open | open | 30 PONS | |
| Bybit | open | open | 2 PONS | |
| Coinbaserobinhood | n/a | n/a | — | |
| Coinbase Exchangerobinhood | n/a | n/a | — | |
| Gate | open | open | — | |
| HitBTC | open | open | 43.46 PONS | |
| KuCoinrobinhood | open | open | 2 PONS | |
| LBankrobinhood | n/a | open | 1 PONS | |
| MEXC | open | open | 2 PONS | |
| PoloniexETHROB | open | open | 3 PONS | |
| Toobit | open | open | 0.04948 PONS | |
| XT | open | open | 2.2 PONS | |
| ROBINHOODCHAIN | HTXpons | open | open | 100,000,000 PONS |
| OKXPONS-Robinhood Chain | open | open | 0.021 PONS |
Gaps of a minute or longer, last 7 days
| When (UTC) | Market | Route | Spread | Lasted | Transfer |
|---|---|---|---|---|---|
| Oct 24, 10:28 PM | perp ↔ perp | MEXC → BingX | 0.121% | 1 min 03 s | — |
| Oct 24, 10:13 PM | spot ↔ perp | MEXC → BingX | 0.132% | 30 min 57 s | — |
| Oct 24, 10:12 PM | perp ↔ perp | OKX → BingX | 0.148% | 39 min 36 s | — |
| Oct 24, 09:50 PM | perp ↔ perp | MEXC → BingX | 0.122% | 3 min 33 s | — |
| Oct 24, 09:47 PM | spot ↔ perp | MEXC → BingX | 0.116% | 22 min 45 s | — |
| Oct 24, 09:20 PM | spot ↔ perp | LBank → MEXC | 0.103% | 4 min 57 s | — |
| Oct 24, 09:18 PM | perp ↔ perp | XT → BingX | 0.129% | 1 min 48 s | — |
| Oct 24, 09:15 PM | perp ↔ perp | OKX → Lighter | 0.103% | 4 min 06 s | — |
| Oct 24, 09:14 PM | spot ↔ perp | MEXC → Lighter | 0.122% | 1 min 06 s | — |
| Oct 24, 09:14 PM | perp ↔ perp | MEXC → Lighter | 0.120% | 3 min 03 s | — |
| Oct 24, 09:12 PM | spot → spot | Gate → LBank | 0.137% | 3 min 12 s | Transfer status unknown |
| Oct 24, 09:11 PM | perp ↔ perp | Bybit → Hyperliquid | 0.102% | 3 min 30 s | — |
| Oct 24, 09:10 PM | spot ↔ perp | MEXC → BingX | 0.125% | 30 min 51 s | — |
| Oct 24, 09:03 PM | perp ↔ perp | Gate → BingX | 0.149% | 5 min 33 s | — |
| Oct 24, 09:00 PM | perp ↔ perp | MEXC → BingX | 0.166% | 28 min 15 s | — |
| Oct 24, 08:50 PM | perp ↔ perp | Bybit → MEXC | 0.102% | 4 min 06 s | — |
| Oct 24, 08:49 PM | perp ↔ perp | WEEX → Mode Trade | 0.108% | 1 min 18 s | — |
| Oct 24, 08:49 PM | perp ↔ perp | WEEX → Binance | 0.132% | 1 min 18 s | — |
| Oct 24, 08:49 PM | perp ↔ perp | WEEX → WOOFi Pro | 0.108% | 1 min 18 s | — |
| Oct 24, 08:49 PM | perp ↔ perp | WEEX → HTX | 0.145% | 1 min 09 s | — |
| Oct 24, 08:49 PM | spot ↔ perp | LBank → Phemex | 0.106% | 1 min 18 s | — |
| Oct 24, 08:49 PM | spot → spot | LBank → Gate | 0.119% | 1 min 30 s | robinhood |
| Oct 24, 08:49 PM | spot → spot | LBank → Bitrue | 0.112% | 1 min 15 s | robinhood |
| Oct 24, 08:49 PM | perp ↔ perp | WEEX → Hyperliquid | 0.231% | 1 min 36 s | — |
| Oct 24, 08:49 PM | perp ↔ perp | WEEX → MEXC | 0.149% | 1 min 39 s | — |
| Oct 24, 08:49 PM | perp ↔ perp | WEEX → Kraken | 0.171% | 1 min 24 s | — |
| Oct 24, 08:49 PM | perp ↔ perp | Gate → BingX | 0.148% | 8 min 30 s | — |
| Oct 24, 08:49 PM | perp ↔ perp | WEEX → Lighter | 0.204% | 2 min 24 s | — |
| Oct 24, 08:49 PM | spot ↔ perp | LBank → WOOFi Pro | 0.226% | 3 min 39 s | — |
| Oct 24, 08:49 PM | spot ↔ perp | LBank → Mode Trade | 0.226% | 3 min 36 s | — |
| Oct 24, 08:47 PM | spot ↔ perp | LBank → MEXC | 0.266% | 7 min 15 s | — |
| Oct 24, 08:47 PM | perp ↔ perp | WEEX → BingX | 0.263% | 4 min 27 s | — |
| Oct 24, 08:47 PM | perp ↔ perp | MEXC → BingX | 0.252% | 2 min 27 s | — |
| Oct 24, 08:46 PM | perp ↔ perp | Aster → BingX | 0.136% | 1 h 24 min | — |
| Oct 24, 08:46 PM | perp ↔ perp | Bybit → BingX | 0.173% | 1 h 23 min | — |
| Oct 24, 08:46 PM | perp ↔ perp | OKX → BingX | 0.149% | 56 min 12 s | — |
| Oct 24, 08:46 PM | spot ↔ perp | MEXC → BingX | 0.108% | 21 min 48 s | — |
| Oct 24, 08:30 PM | perp ↔ perp | MEXC → BingX | 0.122% | 8 min 30 s | — |
| Oct 24, 08:22 PM | perp ↔ perp | Gate → BingX | 0.150% | 4 min 15 s | — |
| Oct 24, 08:22 PM | perp ↔ perp | Bitget → BingX | 0.192% | 1 min 27 s | — |
| Oct 24, 08:15 PM | perp ↔ perp | OKX → Hyperliquid | 0.100% | 2 min 51 s | — |
| Oct 24, 08:10 PM | perp ↔ perp | MEXC → Lighter | 0.107% | 1 min 12 s | — |
| Oct 24, 08:08 PM | perp ↔ perp | XT → BingX | 0.175% | 2 min 00 s | — |
| Oct 24, 08:00 PM | spot → spot | LBank → Phemex | 0.292% | 1 min 06 s | Transfer was closed |
| Oct 24, 08:00 PM | spot → spot | LBank → Gate | 0.501% | 1 min 36 s | robinhood |
| Oct 24, 08:00 PM | spot → spot | LBank → Bitrue | 0.537% | 1 min 36 s | robinhood |
| Oct 24, 08:00 PM | spot ↔ perp | LBank → Phemex | 0.533% | 1 min 39 s | — |
| Oct 24, 08:00 PM | spot ↔ perp | LBank → Mode Trade | 0.626% | 1 min 45 s | — |
| Oct 24, 08:00 PM | spot ↔ perp | LBank → WOOFi Pro | 0.674% | 1 min 45 s | — |
| Oct 24, 07:57 PM | perp ↔ perp | MEXC → BingX | 0.167% | 28 min 48 s | — |
Spread at the peak after taker fees. Lifetime is measured to about 3 s.
More on PONS
PONS funding rates by exchange →
PONS trades on: OKX, Bybit, Hyperliquid, XT, Gate, KuCoin, Toobit, Bitget, MEXC, Coinbase Exchange, HTX, Phemex and 18 more
FAQ
- Why is the PONS spread so high on some exchanges?
4 routes in profit after fees are worth a look ("take" or "risky"); the engine's commonest warnings: even when the prices meet, closing crosses each leg's bid-ask spread, and that eats the profit; profit under $1. We have no network status from BingX, Kraken and WEEX +2, so a transfer there cannot be checked.
- Where is PONS cheapest to buy?
Cheapest now on BigONE: $0.229795; dearest on HTX: $0.2302, 0.18% apart. 18 exchanges with a liquid PONS market compared, at the mid between bid and ask.
- Can I transfer PONS between BigONE and HTX?
Not now: BigONE and HTX share no network with both withdrawals and deposits open. The networks' status is checked every 5 minutes; the networks table below shows what is open.
- Is there an arbitrage opportunity in PONS right now?
Yes, in futures (no transfer: a long and a short): 3 routes are worth a look ("take" or "risky"), the first Bybit → BingX, 0.04%, marked "risky".
Not on spot after fees: no spot route earns right now. The widest price gap is 0.18% (BigONE → HTX), and trading fees and the withdrawal eat it. In 7 days, gaps of a minute or longer opened most often between LBank and Gate: 206 times.
- What is the PONS spread now?
0.18% between the cheapest (BigONE) and the dearest (HTX) exchange, before fees. No route worth taking with an open transfer right now.