PNUT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0972%/8h= −106.4% APRpaid last 24h −0.329%

Price spread now: Variational Omni against Coinbase International−0.097%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 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 against this trade now: funding costs −$29 a day on $10k at the current rate, and Variational Omni is 0.097% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PNUT-PERP-INTX	0.05658	0.1072	pay 0.0134% / 1h	9m 16s	$359K	$54K	50x
Short	Variational Omni PNUT	0.05653	0.0100	get 0.0050% / 4h	2h 09m	$32	$3K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now −0.097%Rate

Funding earned: −$204.12
Price spread: −0.097% → 0.000%: −$9.7
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$223.82
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 59 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 Coinbase International live order book, 59 min ago	24.67 bp	doesn't fit	doesn't fit	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 15 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
Deribit PNUT_USDC-PERPETUAL	0.0000%	1h	0.05642	−0.283%	$4	—	10x	as long as short
OKX PNUT-USDT-SWAP	+0.0053%	4h	0.05636	−0.389%	$1.7M	$5.8M	20x	as long as short
Aster PNUTUSDT	+0.0100%	4h	0.05641	−0.303%	$3K	$18K	5x	as long as short
Binance PNUTUSDT	+0.0100%	4h	0.05641	−0.305%	$5.3M	$10.0M	50x	as long as short
Bybit PNUTUSDT	+0.0100%	4h	0.05635	−0.407%	$2.6M	$1.3M	50x	as long as short
Gate PNUT_USDT	+0.0100%	4h	0.05645	−0.230%	$893K	$1.1M	50x	as long as short
MEXC PNUT_USDT	+0.0100%	4h	0.05640	−0.318%	$1.2M	$397K	100x	as long as short
Bitget PNUTUSDT	+0.0100%	4h	0.05643	−0.265%	$764K	$1.1M	50x	as long as short
BingX PNUT-USDC	+0.0100%	4h	0.05646	−0.212%	—	$6.5M	—	as long as short
Variational Omni PNUTshort	+0.0100%	4h	0.05653	−0.097%	$32	$3K	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended PNUT-USD	+0.0104%	1h	0.05639	−0.330%	$8K	$143K	5x	as long as short
KuCoin PNUTUSDTM	+0.0244%	4h	0.05643	−0.265%	$1.1M	$131K	30x	as long as short
Kraken Futures PF_PNUTUSD	+0.0740%	1h	0.05643	−0.257%	$24K	$14K	10x	as long as short
Hyperliquid PNUT	+0.0806%	1h	0.05654	−0.071%	$1.6M	$477K	3x	as long as short
Coinbase International PNUT-PERP-INTXlong	+0.1072%	1h	0.05658	long leg	$359K	$54K	50x