Funding you earn now, next payment 03:00 UTC−0.0357%/8h= −39.1% APRpaid last 24h +0.018%
Price spread now: Aster against Deribit−0.169%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.169% cheaper against Deribit than usual: you would sell low and buy high (−$17 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 | Deribit PNUT_USDC-PERPETUAL | 0.05659 | 0.0457 | pay 0.0057% / 1h | 22m 05s | $4 | — | 10x |
| Short | Aster PNUTUSDT | 0.05649 | 0.0100 | get 0.0050% / 4h | 1h 22m | $3K | $18K | 5x |
Deribit PNUT_USDC-PERPETUAL
Aster PNUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- −$75.04
- Price spread: −0.169% → 0.000%
- −$16.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$106.92
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Aster: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Deribit and Aster: 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 | −0.0028% | 4h | 0.05650 | −0.159% | $1.7M | $5.8M | 20x | as long as short |
| BloFin PNUT-USDT | +0.0050% | 4h | 0.05639 | −0.353% | $287K | $26K | 50x | as long as short |
| Aster PNUTUSDTshort | +0.0100% | 4h | 0.05649 | −0.169% | $3K | $18K | 5x | |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05657 | −0.035% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05651 | −0.141% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05654 | −0.088% | $901K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05658 | −0.018% | $1.2M | $402K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05652 | −0.124% | $767K | $1.1M | 50x | as long as short |
| BingX PNUT-USDC | +0.0100% | 4h | 0.05651 | −0.141% | — | $6.5M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05611 | −0.851% | $32 | $3K | — | as long as short |
OKX PNUT-USDT-SWAP
BloFin PNUT-USDT
Binance PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
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 | 0.05656 | −0.046% | $6K | $139K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0130% | 4h | 0.05655 | −0.071% | $1.1M | $123K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0378% | 1h | 0.05659 | +0.008% | $24K | $14K | 10x | as long as short |
| Deribit PNUT_USDC-PERPETUALlong | +0.0457% | 1h | 0.05659 | long leg | $4 | — | 10x | |
| Hyperliquid PNUT | +0.0772% | 1h | 0.05665 | +0.106% | $1.6M | $480K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1256% | 1h | 0.05660 | +0.018% | $359K | $53K | 50x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX