Funding you earn now, next payment 04:00 UTC−0.0717%/8h= −78.5% APRpaid last 24h +0.015%
Price spread now: Variational Omni against Deribit−0.133%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$22 a day on $10k at the current rate, and Variational Omni is 0.133% cheaper against Deribit than usual: you would sell low and buy high (−$13 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 | 0.05629 | 0.0817 | pay 0.0102% / 1h | 30m 35s | $4 | — | 10x |
| Short | Variational Omni PNUT | 0.05622 | 0.0100 | get 0.0050% / 4h | 30m 35s | $32 | $2K | — |
Deribit PNUT_USDC-PERPETUAL
Variational Omni PNUTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$150.58
- Price spread: −0.133% → 0.000%
- −$13.3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$170.88
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Deribit and 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 | +0.0050% | 4h | 0.05619 | −0.178% | $1.6M | $6.0M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05633 | +0.065% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05628 | −0.014% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05627 | −0.036% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05639 | +0.178% | $893K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05629 | 0.000% | $1.2M | $408K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05620 | −0.160% | $765K | $1.0M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05621 | −0.142% | — | $6.6M | — | as long as short |
| Variational Omni PNUTshort | +0.0100% | 4h | 0.05622 | −0.133% | $32 | $2K | — | |
| Extended PNUT-USD | +0.0104% | 1h | 0.05628 | −0.010% | $6K | $142K | 5x | as long as short |
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Extended PNUT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PNUT-USDT | +0.0147% | 4h | 0.05622 | −0.124% | $284K | $25K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0264% | 4h | 0.05636 | +0.124% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUALlong | +0.0817% | 1h | 0.05629 | long leg | $4 | — | 10x | |
| Kraken Futures PF_PNUTUSD | +0.0862% | 1h | 0.05632 | +0.048% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1128% | 1h | 0.05637 | +0.142% | $358K | $53K | 50x | as long as short |
| Hyperliquid PNUT | +0.1183% | 1h | 0.05639 | +0.178% | $1.6M | $484K | 3x | as long as short |
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUT