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: Binance against Bybit+0.021%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.021%, 7d avg +0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PNUTUSDT | 0.05627 | 0.0100 | pay 0.0050% / 4h | 30m 26s | $2.6M | $1.3M | 50x |
| Short | Binance PNUTUSDT | 0.05628 | 0.0100 | get 0.0050% / 4h | 30m 26s | $5.3M | $10.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.021% → +0.017%
- $0.48
- Slippage, 4 orders
- −$81.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$101.89
- Costs to cover
- 1.024%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 9 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 Bybit live order book, 2 min ago | 3.56 bp | 35.6 bp −$36 | 2710.3 bp −$27.1K | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.90 bp | 16.6 bp −$17 | 47.6 bp −$476 | 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 | +0.0050% | 4h | 0.05619 | −0.142% | $1.6M | $6.0M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05633 | +0.101% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDTshort | +0.0100% | 4h | 0.05628 | +0.021% | $5.3M | $10.0M | 50x | |
| Bybit PNUTUSDTlong | +0.0100% | 4h | 0.05627 | long leg | $2.6M | $1.3M | 50x | |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05639 | +0.213% | $893K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05629 | +0.036% | $1.2M | $408K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05620 | −0.124% | $765K | $1.0M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05621 | −0.107% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05622 | −0.097% | $32 | $2K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05628 | +0.026% | $6K | $142K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PNUT-USDT | +0.0147% | 4h | 0.05622 | −0.089% | $284K | $25K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0264% | 4h | 0.05636 | +0.160% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0817% | 1h | 0.05629 | +0.036% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0862% | 1h | 0.05632 | +0.083% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1128% | 1h | 0.05637 | +0.178% | $358K | $53K | 50x | as long as short |
| Hyperliquid PNUT | +0.1183% | 1h | 0.05639 | +0.213% | $1.6M | $484K | 3x | as long as short |
Bybit PNUTUSDT
Binance PNUTUSDT
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Variational Omni PNUT
Extended PNUT-USD
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUT