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: Gate against Bybit+0.159%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1361.357% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days−0.093%−$9 · spread now +0.159%, 7d avg +0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.107% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PNUTUSDT | 0.05651 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $2.6M | $1.3M | 50x |
| Short | Gate PNUT_USDT | 0.05660 | 0.0100 | get 0.0050% / 4h | 1h 18m | $900K | $1.1M | 50x |
Bybit PNUTUSDT
Gate PNUT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.159% → +0.052%
- $10.72
- Slippage, 4 orders
- −$109.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$124.97
- Costs to cover
- 1.357%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago | 3.54 bp | 37.0 bp −$37 | 2529.4 bp −$25.3K | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.07 bp | 29.9 bp −$30 | doesn't fit | 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 | −0.0031% | 4h | 0.05643 | −0.142% | $1.7M | $5.8M | 20x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | 0.0000% | 1h | 0.05649 | −0.035% | $4 | — | 10x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05661 | +0.181% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05653 | +0.032% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDTlong | +0.0100% | 4h | 0.05651 | long leg | $2.6M | $1.3M | 50x | |
| Gate PNUT_USDTshort | +0.0100% | 4h | 0.05660 | +0.159% | $900K | $1.1M | 50x | |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05659 | +0.142% | $1.2M | $402K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05648 | −0.053% | $767K | $1.1M | 50x | as long as short |
| BingX PNUT-USDC | +0.0100% | 4h | 0.05661 | +0.177% | — | $6.5M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05662 | +0.203% | $32 | $3K | — | as long as short |
OKX PNUT-USDT-SWAP
Deribit PNUT_USDC-PERPETUAL
Aster PNUTUSDT
Binance PNUTUSDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDC
Variational Omni PNUTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05651 | +0.004% | $6K | $139K | 5x | as long as short |
| BloFin PNUT-USDT | +0.0147% | 4h | 0.05666 | +0.265% | $287K | $26K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0152% | 4h | 0.05663 | +0.212% | $1.1M | $122K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0378% | 1h | 0.05654 | +0.050% | $24K | $14K | 10x | as long as short |
| Hyperliquid PNUT | +0.0780% | 1h | 0.05667 | +0.283% | $1.6M | $480K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1256% | 1h | 0.05660 | +0.159% | $359K | $53K | 50x | as long as short |
Extended PNUT-USD
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX