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: BingX against Bitget+0.035%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.035%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PNUTUSDT | 0.05662 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $769K | $1.1M | 50x |
| Short | BingX PNUT-USDT | 0.05664 | 0.0100 | get 0.0050% / 4h | 1h 20m | — | $6.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: +0.035% → +0.008%
- $2.71
- Slippage, 4 orders
- −$49.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$68.71
- Costs to cover
- 0.714%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 7 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 Bitget live order book, 1 min ago | 6.18 bp | 19.3 bp −$19 | 59.1 bp −$591 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.56 bp | 16.6 bp −$17 | 43.0 bp −$430 | 451.1 bp −$45.1K | 905.4 bp −$452.7K |
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 | −0.0024% | 4h | 0.05662 | 0.000% | $1.7M | $5.8M | 20x | as long as short |
| BloFin PNUT-USDT | +0.0083% | 4h | 0.05651 | −0.194% | $286K | $26K | 50x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05662 | +0.003% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05666 | +0.071% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05663 | +0.018% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05672 | +0.177% | $903K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05662 | 0.000% | $1.2M | $402K | 100x | as long as short |
| Bitget PNUTUSDTlong | +0.0100% | 4h | 0.05662 | long leg | $769K | $1.1M | 50x | |
| BingX PNUT-USDTshort | +0.0100% | 4h | 0.05664 | +0.035% | — | $6.6M | — | |
| Variational Omni PNUT | +0.0100% | 4h | 0.05662 | +0.008% | $32 | $3K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05663 | +0.017% | $6K | $139K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0132% | 4h | 0.05670 | +0.141% | $1.1M | $122K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0280% | 1h | 0.05667 | +0.088% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0377% | 1h | 0.05673 | +0.187% | $24K | $14K | 10x | as long as short |
| Hyperliquid PNUT | +0.0777% | 1h | 0.05679 | +0.300% | $1.6M | $480K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1256% | 1h | 0.05660 | −0.035% | $359K | $53K | 50x | as long as short |
Bitget PNUTUSDT
BingX PNUT-USDT
OKX PNUT-USDT-SWAP
BloFin PNUT-USDT
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Variational Omni PNUT
Extended PNUT-USD
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX