Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.45 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit+0.234%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.234% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PNUTUSDT | 0.05604 | 0.0010 | pay 0.0005% / 4h | 2h 40m | $2.6M | $1.5M | 50x |
| Short | Variational Omni PNUT | 0.05617 | 0.0100 | get 0.0050% / 4h | 2h 40m | $32 | $2K | — |
Bybit PNUTUSDT
Variational Omni PNUTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $18.93
- Price spread: +0.234% → 0.000%
- $23.43
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $31.36
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.
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 | 3.55 bp | 35.0 bp −$35 | 2628.5 bp −$26.3K | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0039% | 4h | 0.05612 | +0.143% | $1.6M | $6.3M | 20x | as long as short |
| BloFin PNUT-USDT | −0.0026% | 4h | 0.05621 | +0.303% | $289K | $26K | 50x | as long as short |
| Bybit PNUTUSDTlong | +0.0010% | 4h | 0.05604 | long leg | $2.6M | $1.5M | 50x | |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05611 | +0.130% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05615 | +0.200% | $5.4M | $10.8M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05616 | +0.214% | $898K | $1.2M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05614 | +0.178% | $1.1M | $433K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05611 | +0.125% | $780K | $1.2M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05615 | +0.196% | — | $6.6M | — | as long as short |
| Variational Omni PNUTshort | +0.0100% | 4h | 0.05617 | +0.234% | $32 | $2K | — |
OKX PNUT-USDT-SWAP
BloFin PNUT-USDT
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05612 | +0.143% | $7K | $79K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0182% | 4h | 0.05623 | +0.339% | $1.1M | $112K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0284% | 1h | 0.05619 | +0.268% | $4 | — | 10x | as long as short |
| Hyperliquid PNUT | +0.0890% | 1h | 0.05627 | +0.410% | $1.6M | $510K | 3x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0941% | 1h | 0.05634 | +0.535% | $24K | $13K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1472% | 1h | 0.05735 | +2.338% | $364K | $40K | 50x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Hyperliquid PNUT
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX