Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.050%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$640.640% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.050%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PNUTUSDT | 0.05600 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $5.3M | $9.8M | 50x |
| Short | BingX PNUT-USDT | 0.05597 | 0.0100 | get 0.0050% / 4h | 2h 54m | — | $6.6M | — |
Binance PNUTUSDT
BingX PNUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.050% → −0.010%
- −$3.93
- Slippage, 4 orders
- −$43.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$67.89
- Costs to cover
- 0.640%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 12 min ago.
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 Binance live order book, 15 min ago | 0.88 bp | 15.2 bp −$15 | 59.2 bp −$592 | 4285.6 bp −$428.6K | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.54 bp | 14.8 bp −$15 | 41.5 bp −$415 | 467.6 bp −$46.8K | 1001.2 bp −$500.6K |
PNUT on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PNUT-USDT-SWAP | +0.0098% | 4h | 0.05586 | −0.246% | $1.7M | $5.6M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05599 | −0.018% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDTlong | +0.0100% | 4h | 0.05600 | long leg | $5.3M | $9.8M | 50x | |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05594 | −0.103% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05593 | −0.121% | $857K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05591 | −0.157% | $1.2M | $385K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05590 | −0.175% | $768K | $1.1M | 50x | as long as short |
| BingX PNUT-USDTshort | +0.0100% | 4h | 0.05597 | −0.050% | — | $6.6M | — | |
| Variational Omni PNUT | +0.0100% | 4h | 0.05582 | −0.324% | $32 | $3K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05592 | −0.136% | $6K | $139K | 5x | as long as short |
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
Variational Omni PNUT
Extended PNUT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PNUT_USDC-PERPETUAL | +0.0108% | 1h | 0.05596 | −0.067% | $4 | — | 10x | as long as short |
| BloFin PNUT-USDT | +0.0128% | 4h | 0.05589 | −0.192% | $288K | $25K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0274% | 4h | 0.05600 | +0.004% | $1.1M | $131K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0746% | 1h | 0.05603 | +0.055% | $24K | $13K | 10x | as long as short |
| Hyperliquid PNUT | +0.0884% | 1h | 0.05608 | +0.147% | $1.6M | $477K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1072% | 1h | 0.05688 | +1.576% | $361K | $56K | 50x | as long as short |
Deribit PNUT_USDC-PERPETUAL
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX