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

PNUT

all PNUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.011%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$670.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.011%, 7d avg +0.012%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PNUT-USDT0.057110.0100pay 0.0050% / 4h3h 33m$6.6M
ShortBinance PNUTUSDT0.057120.0100get 0.0050% / 4h3h 33m$5.5M$10.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.011% → +0.012%
−$0.1
Slippage, 4 orders
−$47.38
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$67.48
Costs to cover
0.674%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 6 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 BingX live order book, 3 min ago3.48 bp16.8 bp −$1764.3 bp −$643533.6 bp −$53.4Kdoesn't fit
Sell Binance live order book, 6 min ago0.87 bp15.4 bp −$1550.3 bp −$503doesn'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
OKX PNUT-USDT-SWAP+0.0088%4h0.05709−0.035%$1.7M$6.4M20xas long as short
BloFin PNUT-USDT+0.0099%4h0.05723+0.210%$295K$27K50xas long as short
Aster PNUTUSDT+0.0100%4h0.05709−0.034%$3K$19K5xas long as short
Binance PNUTUSDTshort+0.0100%4h0.05712+0.011%$5.5M$10.6M50x
Bybit PNUTUSDT+0.0100%4h0.05709−0.035%$2.6M$1.4M50xas long as short
Gate PNUT_USDT+0.0100%4h0.05712+0.018%$912K$1.2M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05712+0.018%$1.2M$414K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05712+0.018%$760K$1.1M50xas long as short
BingX PNUT-USDTlong+0.0100%4h0.05711long leg$6.6M
Variational Omni PNUT+0.0100%4h0.05727+0.289%$33$2Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PNUT-USD+0.0104%1h0.05710−0.019%$8K$137K5xas long as short
KuCoin PNUTUSDTM+0.0210%4h0.05716+0.088%$1.1M$111K30xas long as short
Deribit PNUT_USDC-PERPETUAL+0.0275%1h0.05714+0.053%$410xas long as short
Hyperliquid PNUT+0.0834%1h0.05725+0.245%$1.7M$502K3xas long as short
Kraken Futures PF_PNUTUSD+0.1167%1h0.05720+0.155%$24K$14K10xas long as short
Coinbase International PNUT-PERP-INTX+0.1240%1h0.05776+1.138%$366K$42K50xas long as short