Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against BloFin+0.018%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1251.245% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.175%+$17 · spread now +0.018%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PNUT-USDT | 0.05622 | 0.0112 | pay 0.0056% / 4h | 28m 56s | $281K | $25K | 50x |
| Short | Bybit PNUTUSDT | 0.05623 | 0.0100 | get 0.0050% / 4h | 28m 56s | $2.6M | $1.3M | 50x |
BloFin PNUT-USDT
Bybit PNUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$2.47
- Price spread: +0.018% → +0.030%
- −$1.26
- Slippage, 4 orders
- −$101.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.26
- Costs to cover
- 1.245%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 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 BloFin live order book, 5 min ago | 4.49 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.56 bp | 34.9 bp −$35 | 350.5 bp −$3,505 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PNUT-USDT-SWAP | +0.0054% | 4h | 0.05615 | −0.125% | $1.6M | $6.0M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05635 | +0.239% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05623 | +0.020% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDTshort | +0.0100% | 4h | 0.05623 | +0.018% | $2.6M | $1.3M | 50x | |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05629 | +0.125% | $891K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05621 | −0.018% | $1.2M | $408K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05620 | −0.036% | $765K | $1.0M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05629 | +0.125% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05622 | −0.009% | $32 | $2K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05623 | +0.016% | $6K | $142K | 5x | as long as short |
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Variational Omni PNUT
Extended PNUT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PNUT-USDTlong | +0.0112% | 4h | 0.05622 | long leg | $281K | $25K | 50x | |
| KuCoin PNUTUSDTM | +0.0260% | 4h | 0.05633 | +0.196% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0638% | 1h | 0.05635 | +0.231% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0860% | 1h | 0.05640 | +0.323% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1128% | 1h | 0.05652 | +0.534% | $359K | $53K | 50x | as long as short |
| Hyperliquid PNUT | +0.1178% | 1h | 0.05641 | +0.338% | $1.6M | $484K | 3x | as long as short |
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUT