Funding you earn now, next payment 06:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.002%
Price spread now: BloFin against Extended−0.167%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1371.365% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.167%, 7d avg −0.039%
=Together, before fees−0.050%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.128% cheaper against Extended than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PNUT-USD | 0.05612 | 0.0104 | pay 0.0013% / 1h | 38m 52s | $7K | $79K | 5x |
| Short | BloFin PNUT-USDT | 0.05603 | 0.0020 | get 0.0010% / 4h | 2h 38m | $288K | $26K | 50x |
Extended PNUT-USD
BloFin PNUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- −$17.6
- Price spread: −0.167% → −0.039%
- −$12.78
- Slippage, 4 orders
- −$119.54
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$166.92
- Costs to cover
- 1.365%
- Break-even
- never at this rate
Slippage from Extended: live order book, 72 min ago; BloFin: live order book, 51 min ago.
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 Extended live order book, 72 min ago | 1.82 bp | 36.3 bp −$36 | 222.9 bp −$2,229 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 7.00 bp | 23.4 bp −$23 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PNUT-USDT-SWAP | −0.0041% | 4h | 0.05613 | +0.011% | $1.6M | $6.3M | 20x | as long as short |
| Bybit PNUTUSDT | +0.0014% | 4h | 0.05607 | −0.096% | $2.6M | $1.5M | 50x | as long as short |
| BloFin PNUT-USDTshort | +0.0020% | 4h | 0.05603 | −0.167% | $288K | $26K | 50x | |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05612 | +0.001% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05616 | +0.062% | $5.4M | $10.9M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05616 | +0.064% | $898K | $1.2M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05614 | +0.029% | $1.1M | $433K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05613 | +0.011% | $780K | $1.2M | 50x | as long as short |
| BingX PNUT-USDC | +0.0100% | 4h | 0.05611 | −0.025% | — | $6.5M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05617 | +0.085% | $32 | $2K | — | as long as short |
OKX PNUT-USDT-SWAP
Bybit PNUTUSDT
Aster PNUTUSDT
Binance 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-USDlong | +0.0104% | 1h | 0.05612 | long leg | $7K | $79K | 5x | |
| Deribit PNUT_USDC-PERPETUAL | +0.0106% | 1h | 0.05616 | +0.064% | $4 | — | 10x | as long as short |
| KuCoin PNUTUSDTM | +0.0176% | 4h | 0.05623 | +0.189% | $1.1M | $112K | 30x | as long as short |
| Hyperliquid PNUT | +0.0887% | 1h | 0.05628 | +0.278% | $1.6M | $509K | 3x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0942% | 1h | 0.05627 | +0.266% | $24K | $13K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1472% | 1h | 0.05735 | +2.185% | $364K | $40K | 50x | as long as short |
Deribit PNUT_USDC-PERPETUAL
KuCoin PNUTUSDTM
Hyperliquid PNUT
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX