Funding you earn now, next payment 06:00 UTC+0.0934%/8h= +102.2% APRpaid last 24h +0.432%
Price spread now: Kraken Futures against BloFin+0.358%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Kraken Futures is 0.358% dearer against BloFin than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PNUT-USDT | 0.05613 | 0.0007 | pay 0.0004% / 4h | 2h 36m | $290K | $26K | 50x |
| Short | Kraken Futures PF_PNUTUSD | 0.05633 | 0.0941 | get 0.0118% / 1h | 36m 22s | $24K | $13K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $196.08
- Price spread: +0.358% → 0.000%
- $35.76
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $209.84
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 53 min ago; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 53 min ago | 7.00 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PNUT-USDT-SWAP | −0.0033% | 4h | 0.05619 | +0.107% | $1.6M | $6.3M | 20x | as long as short |
| BloFin PNUT-USDTlong | +0.0007% | 4h | 0.05613 | long leg | $290K | $26K | 50x | |
| Bybit PNUTUSDT | +0.0083% | 4h | 0.05624 | +0.196% | $2.6M | $1.5M | 50x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05628 | +0.270% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05627 | +0.249% | $5.4M | $10.9M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05626 | +0.232% | $900K | $1.2M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05628 | +0.267% | $1.1M | $433K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05625 | +0.214% | $782K | $1.2M | 50x | as long as short |
| BingX PNUT-USDC | +0.0100% | 4h | 0.05623 | +0.178% | — | $6.5M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05617 | +0.074% | $32 | $2K | — | 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 | 0.05626 | +0.223% | $7K | $79K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0174% | 4h | 0.05632 | +0.338% | $1.1M | $112K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0283% | 1h | 0.05628 | +0.267% | $4 | — | 10x | as long as short |
| Hyperliquid PNUT | +0.0893% | 1h | 0.05638 | +0.445% | $1.6M | $509K | 3x | as long as short |
| Kraken Futures PF_PNUTUSDshort | +0.0941% | 1h | 0.05633 | +0.358% | $24K | $13K | 10x | |
| Coinbase International PNUT-PERP-INTX | +0.1472% | 1h | 0.05735 | +2.174% | $364K | $40K | 50x | as long as short |
BloFin PNUT-USDT
Kraken Futures PF_PNUTUSD
OKX PNUT-USDT-SWAP
Bybit PNUTUSDT
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDC
Variational Omni PNUT
Extended PNUT-USD
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX