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: MEXC against Binance−0.051%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.051%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.040% 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 −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PNUTUSDT | 0.05629 | 0.0100 | pay 0.0050% / 4h | 27m 46s | $5.3M | $10.0M | 50x |
| Short | MEXC PNUT_USDT | 0.05626 | 0.0100 | get 0.0050% / 4h | 27m 46s | $1.2M | $408K | 100x |
Binance PNUTUSDT
MEXC PNUT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.051% → −0.011%
- −$4.03
- Slippage, 4 orders
- −$31.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$49.75
- Costs to cover
- 0.457%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 3 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, 12 min ago | 0.90 bp | 15.2 bp −$15 | 53.4 bp −$534 | 4193.4 bp −$419.3K | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.89 bp | 8.3 bp −$8 | 37.8 bp −$378 | 123.7 bp −$12.4K | 268.9 bp −$134.4K |
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 | +0.0052% | 4h | 0.05623 | −0.104% | $1.6M | $6.0M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05630 | +0.026% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDTlong | +0.0100% | 4h | 0.05629 | long leg | $5.3M | $10.0M | 50x | |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05623 | −0.104% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05633 | +0.073% | $892K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDTshort | +0.0100% | 4h | 0.05626 | −0.051% | $1.2M | $408K | 100x | |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05629 | +0.002% | $767K | $1.0M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05625 | −0.069% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05622 | −0.131% | $32 | $2K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05625 | −0.061% | $6K | $142K | 5x | as long as short |
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Variational Omni PNUT
Extended PNUT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PNUT-USDT | +0.0112% | 4h | 0.05622 | −0.122% | $281K | $25K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0254% | 4h | 0.05633 | +0.073% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0283% | 1h | 0.05629 | +0.002% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0862% | 1h | 0.05631 | +0.042% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1128% | 1h | 0.05659 | +0.535% | $359K | $53K | 50x | as long as short |
| Hyperliquid PNUT | +0.1166% | 1h | 0.05646 | +0.304% | $1.6M | $484K | 3x | as long as short |
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUT