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: Bitget against Binance−0.071%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$710.713% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.071%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.051% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PNUTUSDT | 0.05666 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $5.3M | $10.0M | 50x |
| Short | Bitget PNUTUSDT | 0.05662 | 0.0100 | get 0.0050% / 4h | 1h 19m | $769K | $1.1M | 50x |
Binance PNUTUSDT
Bitget PNUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.071% → −0.019%
- −$5.11
- Slippage, 4 orders
- −$49.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$76.38
- Costs to cover
- 0.713%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 2 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, 5 min ago | 0.89 bp | 13.3 bp −$13 | 55.3 bp −$553 | 4272.3 bp −$427.2K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.18 bp | 20.6 bp −$21 | 43.9 bp −$439 | doesn't fit | doesn't fit |
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 | −0.0020% | 4h | 0.05659 | −0.124% | $1.7M | $5.8M | 20x | as long as short |
| BloFin PNUT-USDT | +0.0083% | 4h | 0.05651 | −0.265% | $286K | $26K | 50x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05662 | −0.067% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDTlong | +0.0100% | 4h | 0.05666 | long leg | $5.3M | $10.0M | 50x | |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05661 | −0.088% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05672 | +0.106% | $903K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05664 | −0.035% | $1.2M | $402K | 100x | as long as short |
| Bitget PNUTUSDTshort | +0.0100% | 4h | 0.05662 | −0.071% | $769K | $1.1M | 50x | |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05665 | −0.018% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05662 | −0.063% | $32 | $3K | — | as long as short |
OKX PNUT-USDT-SWAP
BloFin PNUT-USDT
Aster PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
BingX PNUT-USDT
Variational Omni PNUTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05662 | −0.070% | $6K | $139K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0142% | 4h | 0.05671 | +0.088% | $1.1M | $122K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0280% | 1h | 0.05667 | +0.018% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0377% | 1h | 0.05673 | +0.116% | $24K | $14K | 10x | as long as short |
| Hyperliquid PNUT | +0.0782% | 1h | 0.05679 | +0.229% | $1.6M | $480K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1256% | 1h | 0.05660 | −0.106% | $359K | $53K | 50x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX