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

PNUT

all PNUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.018%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1011.012% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.018%, 7d avg −0.016%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PNUTUSDT0.056140.0100pay 0.0050% / 4h35m 02s$5.4M$9.6M50x
ShortBybit PNUTUSDT0.056130.0100get 0.0050% / 4h35m 02s$2.6M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
$0
Price spread: −0.018% → −0.016%
−$0.2
Slippage, 4 orders
−$80.21
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$101.42
Costs to cover
1.012%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago0.89 bp11.7 bp −$1250.9 bp −$5093664.5 bp −$366.5Kdoesn't fit
Sell Bybit live order book, 2 min ago2.67 bp35.4 bp −$35357.0 bp −$3,570doesn't fitdoesn't fit

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
Deribit PNUT_USDC-PERPETUAL0.0000%1h0.056140.000%$410xas long as short
Aster PNUTUSDT+0.0100%4h0.05617+0.050%$3K$19K5xas long as short
Binance PNUTUSDTlong+0.0100%4h0.05614long leg$5.4M$9.6M50x
Bybit PNUTUSDTshort+0.0100%4h0.05613−0.018%$2.6M$1.3M50x
OKX PNUT-USDT-SWAP+0.0100%4h0.05607−0.125%$1.7M$5.6M20xas long as short
Gate PNUT_USDT+0.0100%4h0.05611−0.053%$864K$1.2M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.056140.000%$1.2M$371K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05609−0.089%$793K$1.1M50xas long as short
BingX PNUT-USDT+0.0100%4h0.05612−0.036%$6.6Mas long as short
Variational Omni PNUT+0.0100%4h0.05613−0.020%$32$3Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PNUT-USD+0.0104%1h0.05615+0.020%$8K$150K5xas long as short
BloFin PNUT-USDT+0.0110%4h0.05615+0.018%$290K$26K50xas long as short
KuCoin PNUTUSDTM+0.0200%4h0.05620+0.107%$1.1M$134K30xas long as short
Hyperliquid PNUT+0.0986%1h0.05629+0.267%$1.6M$481K3xas long as short
Coinbase International PNUT-PERP-INTX+0.1040%1h0.05677+1.122%$360K$57K50xas long as short
Kraken Futures PF_PNUTUSD+0.2032%1h0.05612−0.034%$24K$13K10xas long as short