Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.042%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1551.547% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.042%, 7d avg +0.001%
=Together, before fees−0.145%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.041% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PNUTUSDT | 0.05635 | 0.0100 | pay 0.0050% / 4h | 29m 49s | $2.6M | $1.3M | 50x |
| Short | Extended PNUT-USD | 0.05637 | 0.0104 | get 0.0013% / 1h | 29m 49s | $6K | $142K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.042% → +0.001%
- $4.13
- Slippage, 4 orders
- −$138.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$149.7
- Costs to cover
- 1.547%
- Break-even
- 1254.5 days
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 26 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 Extended live order book, 26 min ago | 3.58 bp | 34.5 bp −$35 | 269.0 bp −$2,690 | 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 | 0.05633 | −0.035% | $1.6M | $6.0M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05638 | +0.059% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05638 | +0.053% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDTlong | +0.0100% | 4h | 0.05635 | long leg | $2.6M | $1.3M | 50x | |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05640 | +0.089% | $893K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05637 | +0.035% | $1.2M | $408K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05627 | −0.142% | $766K | $1.0M | 50x | as long as short |
| BingX PNUT-USDC | +0.0100% | 4h | 0.05636 | +0.018% | — | $6.5M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05622 | −0.239% | $32 | $2K | — | as long as short |
| Extended PNUT-USDshort | +0.0104% | 1h | 0.05637 | +0.042% | $6K | $142K | 5x |
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 | −0.231% | $284K | $25K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0264% | 4h | 0.05646 | +0.195% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0816% | 1h | 0.05634 | −0.018% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0860% | 1h | 0.05647 | +0.206% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1128% | 1h | 0.05652 | +0.302% | $359K | $53K | 50x | as long as short |
| Hyperliquid PNUT | +0.1186% | 1h | 0.05649 | +0.248% | $1.6M | $484K | 3x | as long as short |
Bybit PNUTUSDT
Extended PNUT-USD
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDC
Variational Omni PNUT
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUT