Settings8H · net · $10k
Funding arb · Price arb /

PNUT

all PNUT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.036%−$4 · spread now +0.021%, 7d avg +0.017%
Together, before fees−0.036%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PNUTUSDT0.056270.0100pay 0.0050% / 4h30m 26s$2.6M$1.3M50x
ShortBinance PNUTUSDT0.056280.0100get 0.0050% / 4h30m 26s$5.3M$10.0M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago3.56 bp35.6 bp −$362710.3 bp −$27.1Kdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.90 bp16.6 bp −$1747.6 bp −$476doesn't fitdoesn't fit

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+0.0050%4h0.05619−0.142%$1.6M$6.0M20xas long as short
Aster PNUTUSDT+0.0100%4h0.05633+0.101%$3K$18K5xas long as short
Binance PNUTUSDTshort+0.0100%4h0.05628+0.021%$5.3M$10.0M50x
Bybit PNUTUSDTlong+0.0100%4h0.05627long leg$2.6M$1.3M50x
Gate PNUT_USDT+0.0100%4h0.05639+0.213%$893K$1.1M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05629+0.036%$1.2M$408K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05620−0.124%$765K$1.0M50xas long as short
BingX PNUT-USDT+0.0100%4h0.05621−0.107%$6.6Mas long as short
Variational Omni PNUT+0.0100%4h0.05622−0.097%$32$2Kas long as short
Extended PNUT-USD+0.0104%1h0.05628+0.026%$6K$142K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PNUT-USDT+0.0147%4h0.05622−0.089%$284K$25K50xas long as short
KuCoin PNUTUSDTM+0.0264%4h0.05636+0.160%$1.1M$119K30xas long as short
Deribit PNUT_USDC-PERPETUAL+0.0817%1h0.05629+0.036%$410xas long as short
Kraken Futures PF_PNUTUSD+0.0862%1h0.05632+0.083%$24K$14K10xas long as short
Coinbase International PNUT-PERP-INTX+0.1128%1h0.05637+0.178%$358K$53K50xas long as short
Hyperliquid PNUT+0.1183%1h0.05639+0.213%$1.6M$484K3xas long as short