Funding you earn now, next payment 07:00 UTC−0.0694%/8h= −76.0% APRnext payment −$0.87 per $10,000 · paid last 24h −0.199%
Price spread now: Hyperliquid against Coinbase International−0.428%49s7-day average −0.437% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.522%−$152 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.428%, 7d avg −0.437%
=Together, before fees−1.448%+ Points / potential airdropHyperliquid: Season 2 · farm board−$145 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.437%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PNUT-PERP-INTX | 0.05847 | 0.1600 | pay 0.0200% / 1h | 43m 28s | $371K | $43K | 50x |
| Short | Hyperliquid PNUT | 0.05822 | 0.0906 | get 0.0113% / 1h | 43m 28s | $1.7M | $520K | 3x |
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Coinbase International. 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
- −$145.83
- Price spread: −0.428% → −0.437%
- $0.9
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$163.93
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 60 min ago; Hyperliquid: live order book, 7 min ago. 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 Coinbase International live order book, 60 min ago | 19.23 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.73 bp | 16.1 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PNUTUSDT | +0.0100% | 4h | 0.05811 | −0.611% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05810 | −0.636% | $5.7M | $11.4M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05807 | −0.684% | $2.7M | $1.6M | 50x | as long as short |
| OKX PNUT-USDT-SWAP | +0.0100% | 4h | 0.05808 | −0.667% | $1.8M | $6.9M | 20x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05807 | −0.684% | $903K | $1.3M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05809 | −0.650% | $1.1M | $449K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05804 | −0.735% | $798K | $1.2M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05811 | −0.616% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05799 | −0.815% | $33 | $2K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05807 | −0.677% | $6K | $234K | 5x | as long as short |
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
OKX PNUT-USDT-SWAP
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Variational Omni PNUT
Extended PNUT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PNUT-USDT | +0.0120% | 4h | 0.05802 | −0.770% | $300K | $27K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0266% | 4h | 0.05819 | −0.479% | $1.1M | $120K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0317% | 1h | 0.05811 | −0.622% | $25K | $13K | 10x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0438% | 1h | 0.05814 | −0.564% | $4 | — | 10x | as long as short |
| Hyperliquid PNUTshort | +0.0906% | 1h | 0.05822 | −0.428% | $1.7M | $520K | 3x | |
| Coinbase International PNUT-PERP-INTXlong | +0.1600% | 1h | 0.05847 | long leg | $371K | $43K | 50x |
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Deribit PNUT_USDC-PERPETUAL