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

PNUT

all PNUT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.118%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.118%, 7d avg −0.005%
Together, before fees+0.210%+ Points / potential airdropExtended: Active · farm board+$21 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 0.113% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PNUT-USDT0.056460.0100pay 0.0050% / 4h2h 09m$6.6M
ShortExtended PNUT-USD0.056390.0104get 0.0013% / 1h9m 05s$8K$143K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.118% → −0.005%
−$11.32
Slippage, 4 orders
−$98.2
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$123.68
Costs to cover
1.132%
Break-even
1037.6 days
Slippage from BingX: live order book, 13 min ago; Extended: live order book, 57 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, 13 min ago3.54 bp15.4 bp −$1540.2 bp −$402567.4 bp −$56.7Kdoesn't fit
Sell Extended live order book, 57 min ago2.21 bp35.7 bp −$36244.4 bp −$2,444doesn't fitdoesn't fit

PNUT on 15 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%1h0.05642−0.071%$410xas long as short
OKX PNUT-USDT-SWAP+0.0053%4h0.05637−0.159%$1.7M$5.8M20xas long as short
Aster PNUTUSDT+0.0100%4h0.05641−0.091%$3K$18K5xas long as short
Binance PNUTUSDT+0.0100%4h0.05641−0.091%$5.3M$10.0M50xas long as short
Bybit PNUTUSDT+0.0100%4h0.05638−0.142%$2.6M$1.3M50xas long as short
Gate PNUT_USDT+0.0100%4h0.05643−0.053%$893K$1.1M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05640−0.106%$1.2M$397K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05638−0.142%$763K$1.1M50xas long as short
BingX PNUT-USDTlong+0.0100%4h0.05646long leg$6.6M
Variational Omni PNUT+0.0100%4h0.05653+0.115%$32$3Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PNUT-USDshort+0.0104%1h0.05639−0.118%$8K$143K5x
KuCoin PNUTUSDTM+0.0244%4h0.05642−0.071%$1.1M$131K30xas long as short
Kraken Futures PF_PNUTUSD+0.0740%1h0.05643−0.045%$24K$14K10xas long as short
Hyperliquid PNUT+0.0805%1h0.05654+0.142%$1.6M$477K3xas long as short
Coinbase International PNUT-PERP-INTX+0.1072%1h0.05658+0.213%$359K$54K50xas long as short