Funding you earn now, next payment 04:00 UTC+0.0534%/8h= +58.5% APRnext payment +$0.67 per $10,000 · paid last 24h −0.016%
Price spread now: Deribit against Extended+0.094%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$16 a day on $10k at the current rate, and Deribit is 0.094% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PNUT-USD | 0.05630 | 0.0104 | pay 0.0013% / 1h | 28m 29s | $6K | $142K | 5x |
| Short | Deribit PNUT_USDC-PERPETUAL | 0.05635 | 0.0638 | get 0.0080% / 1h | 28m 29s | $4 | — | 10x |
Extended PNUT-USD
Deribit PNUT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $112.16
- Price spread: +0.094% → 0.000%
- $9.35
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $109.51
- Costs to cover
- 0.120%
- Break-even
- 0.2 days
Slippage unknown: Extended: live order book, 27 min ago; Deribit: 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 Extended live order book, 27 min ago | 3.58 bp | 49.6 bp −$50 | 266.9 bp −$2,669 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | +0.0054% | 4h | 0.05623 | −0.120% | $1.6M | $6.0M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05630 | −0.003% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05631 | +0.029% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05628 | −0.031% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05634 | +0.076% | $892K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05637 | +0.129% | $1.2M | $408K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05625 | −0.084% | $766K | $1.0M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05633 | +0.058% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05622 | −0.146% | $32 | $2K | — | as long as short |
| Extended PNUT-USDlong | +0.0104% | 1h | 0.05630 | long leg | $6K | $142K | 5x |
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Variational Omni PNUTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PNUT-USDT | +0.0112% | 4h | 0.05622 | −0.137% | $281K | $25K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0254% | 4h | 0.05635 | +0.094% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUALshort | +0.0638% | 1h | 0.05635 | +0.094% | $4 | — | 10x | |
| Kraken Futures PF_PNUTUSD | +0.0860% | 1h | 0.05640 | +0.185% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1128% | 1h | 0.05652 | +0.395% | $359K | $53K | 50x | as long as short |
| Hyperliquid PNUT | +0.1175% | 1h | 0.05636 | +0.111% | $1.6M | $484K | 3x | as long as short |
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUT