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 04:00 UTC+0.0386%/8h= +42.2% APRpaid last 24h −0.018%
Price spread now: Deribit against BloFin+0.248%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Deribit is 0.248% dearer against BloFin than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PNUT-USDT0.056380.0072pay 0.0036% / 4h26m 59s$281K$25K50x
ShortDeribit PNUT_USDC-PERPETUAL0.056520.0458get 0.0057% / 1h26m 59s$410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against BloFin. 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
$81.01
Price spread: +0.248% → 0.000%
$24.83
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$86.84
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: BloFin: live order book, 7 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 7 min ago4.49 bp24.3 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PNUT on 16 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
OKX PNUT-USDT-SWAP+0.0052%4h0.05644+0.106%$1.6M$6.0M20xas long as short
BloFin PNUT-USDTlong+0.0072%4h0.05638long leg$281K$25K50x
Aster PNUTUSDT+0.0100%4h0.05652+0.248%$3K$19K5xas long as short
Binance PNUTUSDT+0.0100%4h0.05654+0.282%$5.3M$10.1M50xas long as short
Bybit PNUTUSDT+0.0100%4h0.05651+0.231%$2.6M$1.3M50xas long as short
Gate PNUT_USDT+0.0100%4h0.05658+0.355%$896K$1.1M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05652+0.248%$1.2M$408K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05651+0.231%$769K$1.0M50xas long as short
BingX PNUT-USDT+0.0100%4h0.05654+0.284%$6.6Mas long as short
Variational Omni PNUT+0.0100%4h0.05622−0.292%$32$2Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PNUT-USD+0.0104%1h0.05651+0.225%$6K$142K5xas long as short
KuCoin PNUTUSDTM+0.0250%4h0.05663+0.443%$1.1M$119K30xas long as short
Deribit PNUT_USDC-PERPETUALshort+0.0458%1h0.05652+0.248%$410x
Kraken Futures PF_PNUTUSD+0.0858%1h0.05655+0.300%$24K$14K10xas long as short
Coinbase International PNUT-PERP-INTX+0.1128%1h0.05669+0.550%$360K$53K50xas long as short
Hyperliquid PNUT+0.1166%1h0.05665+0.479%$1.6M$484K3xas long as short