Settings8H · net · $10k
Funding arb · Price arb /

PNUT

all PNUT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0175%/8h= +19.2% APRpaid last 24h −0.011%
Price spread now: Deribit against Aster+0.087%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.087% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PNUTUSDT0.057090.0100pay 0.0050% / 4h3h 33m$3K$19K5x
ShortDeribit PNUT_USDC-PERPETUAL0.057140.0275get 0.0034% / 1h33m 41s$410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$36.81
Price spread: +0.087% → 0.000%
$8.66
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$30.47
Costs to cover
0.150%
Break-even
1.2 days
Slippage unknown: Aster: no order-book sample; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Deribit no order-book sample
Aster and Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PNUT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PNUT-USDT-SWAP+0.0088%4h0.05709−0.001%$1.7M$6.4M20xas long as short
BloFin PNUT-USDT+0.0099%4h0.05723+0.244%$295K$27K50xas long as short
Aster PNUTUSDTlong+0.0100%4h0.05709long leg$3K$19K5x
Binance PNUTUSDT+0.0100%4h0.05712+0.045%$5.5M$10.6M50xas long as short
Bybit PNUTUSDT+0.0100%4h0.05709−0.001%$2.6M$1.4M50xas long as short
Gate PNUT_USDT+0.0100%4h0.05712+0.052%$912K$1.2M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05712+0.052%$1.2M$414K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05712+0.052%$760K$1.1M50xas long as short
BingX PNUT-USDT+0.0100%4h0.05711+0.034%$6.6Mas long as short
Variational Omni PNUT+0.0100%4h0.05727+0.323%$33$2Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PNUT-USD+0.0104%1h0.05710+0.015%$8K$137K5xas long as short
KuCoin PNUTUSDTM+0.0210%4h0.05716+0.122%$1.1M$111K30xas long as short
Deribit PNUT_USDC-PERPETUALshort+0.0275%1h0.05714+0.087%$410x
Hyperliquid PNUT+0.0834%1h0.05725+0.279%$1.7M$502K3xas long as short
Kraken Futures PF_PNUTUSD+0.1167%1h0.05720+0.189%$24K$14K10xas long as short
Coinbase International PNUT-PERP-INTX+0.1240%1h0.05776+1.173%$366K$42K50xas long as short