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: Gate against Bitget+0.035%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.035%, 7d avg +0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PNUTUSDT | 0.05657 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $765K | $1.1M | 50x |
| Short | Gate PNUT_USDT | 0.05659 | 0.0100 | get 0.0050% / 4h | 2h 12m | $895K | $1.1M | 50x |
Bitget PNUTUSDT
Gate PNUT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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% → +0.053%
- −$1.81
- Slippage, 4 orders
- −$79.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$108.22
- Costs to cover
- 1.064%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 5 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, 4 min ago | 4.43 bp | 19.9 bp −$20 | 56.7 bp −$567 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.54 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
PNUT on 15 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 | 0.0000% | 1h | 0.05664 | +0.124% | $4 | — | 10x | as long as short |
| OKX PNUT-USDT-SWAP | +0.0043% | 4h | 0.05661 | +0.071% | $1.7M | $5.8M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05656 | −0.018% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05662 | +0.084% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05657 | 0.000% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDTshort | +0.0100% | 4h | 0.05659 | +0.035% | $895K | $1.1M | 50x | |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05660 | +0.053% | $1.2M | $397K | 100x | as long as short |
| Bitget PNUTUSDTlong | +0.0100% | 4h | 0.05657 | long leg | $765K | $1.1M | 50x | |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05654 | −0.053% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05644 | −0.231% | $32 | $3K | — | as long as short |
Deribit PNUT_USDC-PERPETUAL
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
MEXC PNUT_USDT
BingX PNUT-USDT
Variational Omni PNUTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05659 | +0.041% | $8K | $143K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0232% | 4h | 0.05661 | +0.071% | $1.1M | $131K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0736% | 1h | 0.05677 | +0.354% | $24K | $14K | 10x | as long as short |
| Hyperliquid PNUT | +0.0808% | 1h | 0.05674 | +0.301% | $1.6M | $484K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1072% | 1h | 0.05682 | +0.442% | $360K | $55K | 50x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX