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: Bybit against BingX−0.089%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days−0.025%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.089% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PNUT-USDC | 0.05630 | 0.0100 | pay 0.0050% / 4h | 3h 44m | — | $6.5M | — |
| Short | Bybit PNUTUSDT | 0.05625 | 0.0100 | get 0.0050% / 4h | 3h 44m | $2.6M | $1.3M | 50x |
BingX PNUT-USDC
Bybit PNUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: −0.089% → 0.000%
- −$8.88
- Slippage, 4 orders
- −$94.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$124.69
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: 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 BingX live order book, 11 min ago | 3.56 bp | 20.3 bp −$20 | 99.1 bp −$991 | 521.8 bp −$52.2K | 856.2 bp −$428.1K |
| Sell Bybit live order book, 3 min ago | 2.66 bp | 40.4 bp −$40 | 433.8 bp −$4,338 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PNUT_USDC-PERPETUAL | −0.0283% | 1h | 0.05621 | −0.160% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | −0.0202% | 1h | 0.05626 | −0.063% | $24K | $13K | 10x | as long as short |
| BloFin PNUT-USDT | +0.0064% | 4h | 0.05622 | −0.142% | $287K | $26K | 50x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05631 | +0.015% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05625 | −0.086% | $5.4M | $9.7M | 50x | as long as short |
| Bybit PNUTUSDTshort | +0.0100% | 4h | 0.05625 | −0.089% | $2.6M | $1.3M | 50x | |
| OKX PNUT-USDT-SWAP | +0.0100% | 4h | 0.05613 | −0.302% | $1.7M | $5.5M | 20x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05630 | 0.000% | $866K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05629 | −0.018% | $1.2M | $370K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05624 | −0.107% | $794K | $1.1M | 50x | as long as short |
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
BloFin PNUT-USDT
Aster PNUTUSDT
Binance PNUTUSDT
OKX PNUT-USDT-SWAP
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PNUT-USDClong | +0.0100% | 4h | 0.05630 | long leg | — | $6.5M | — | |
| Variational Omni PNUT | +0.0100% | 4h | 0.05634 | +0.064% | $32 | $3K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05628 | −0.034% | $7K | $149K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0258% | 4h | 0.05637 | +0.124% | $1.1M | $132K | 30x | as long as short |
| Hyperliquid PNUT | +0.0803% | 1h | 0.05635 | +0.089% | $1.6M | $479K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1072% | 1h | 0.05677 | +0.835% | $360K | $56K | 50x | as long as short |
Variational Omni PNUT
Extended PNUT-USD
KuCoin PNUTUSDTM
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX