Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance+0.026%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.026%, 7d avg −0.028%
=Together, before fees−0.073%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.054% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PNUTUSDT | 0.05654 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $5.3M | $10.0M | 50x |
| Short | Extended PNUT-USD | 0.05655 | 0.0104 | get 0.0013% / 1h | 17m 28s | $6K | $139K | 5x |
Binance PNUTUSDT
Extended PNUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.026% → −0.028%
- $5.36
- Slippage, 4 orders
- −$94.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$103.37
- Costs to cover
- 1.096%
- Break-even
- 868.4 days
Slippage from Binance: live order book, 7 min ago; Extended: live order book, 43 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, 7 min ago | 0.89 bp | 13.3 bp −$13 | 55.3 bp −$553 | 4272.3 bp −$427.2K | doesn't fit |
| Sell Extended live order book, 43 min ago | 2.92 bp | 32.3 bp −$32 | 237.6 bp −$2,376 | 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 | −0.0029% | 4h | 0.05646 | −0.141% | $1.7M | $5.8M | 20x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | 0.0000% | 1h | 0.05649 | −0.088% | $4 | — | 10x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05652 | −0.028% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDTlong | +0.0100% | 4h | 0.05654 | long leg | $5.3M | $10.0M | 50x | |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05648 | −0.106% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05656 | +0.035% | $900K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05653 | −0.018% | $1.2M | $402K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05653 | −0.018% | $767K | $1.1M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05653 | −0.018% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05662 | +0.149% | $32 | $3K | — | as long as short |
OKX PNUT-USDT-SWAP
Deribit PNUT_USDC-PERPETUAL
Aster PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
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-USDshort | +0.0104% | 1h | 0.05655 | +0.026% | $6K | $139K | 5x | |
| BloFin PNUT-USDT | +0.0147% | 4h | 0.05666 | +0.212% | $287K | $26K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0150% | 4h | 0.05661 | +0.124% | $1.1M | $122K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0378% | 1h | 0.05654 | −0.003% | $24K | $14K | 10x | as long as short |
| Hyperliquid PNUT | +0.0782% | 1h | 0.05668 | +0.248% | $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 |
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX