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: MEXC against Bybit+0.018%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$840.844% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.018%, 7d avg +0.006%
=| 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 | 27m 00s | $2.6M | $1.3M | 50x |
| Short | MEXC PNUT_USDT | 0.05652 | 0.0100 | get 0.0050% / 4h | 27m 00s | $1.2M | $408K | 100x |
Bybit PNUTUSDT
MEXC PNUT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.018% → +0.006%
- $1.19
- Slippage, 4 orders
- −$69.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$83.18
- Costs to cover
- 0.844%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: 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, 5 min ago | 3.56 bp | 35.6 bp −$36 | 2710.3 bp −$27.1K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.89 bp | 8.3 bp −$8 | 37.8 bp −$378 | 123.7 bp −$12.4K | 268.9 bp −$134.4K |
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 | +0.0052% | 4h | 0.05644 | −0.124% | $1.6M | $6.0M | 20x | as long as short |
| BloFin PNUT-USDT | +0.0072% | 4h | 0.05638 | −0.230% | $281K | $25K | 50x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05652 | +0.018% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05654 | +0.052% | $5.3M | $10.1M | 50x | as long as short |
| Bybit PNUTUSDTlong | +0.0100% | 4h | 0.05651 | long leg | $2.6M | $1.3M | 50x | |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05658 | +0.124% | $896K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDTshort | +0.0100% | 4h | 0.05652 | +0.018% | $1.2M | $408K | 100x | |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05651 | 0.000% | $769K | $1.0M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05654 | +0.053% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05622 | −0.522% | $32 | $2K | — | as long as short |
OKX PNUT-USDT-SWAP
BloFin PNUT-USDT
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
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 | −0.005% | $6K | $142K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0250% | 4h | 0.05663 | +0.212% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0458% | 1h | 0.05652 | +0.018% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0858% | 1h | 0.05655 | +0.070% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1128% | 1h | 0.05669 | +0.319% | $360K | $53K | 50x | as long as short |
| Hyperliquid PNUT | +0.1166% | 1h | 0.05665 | +0.248% | $1.6M | $484K | 3x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUT