Settings8H · net · $10k
Funding arb · Price arb /

PNUT

all PNUT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.012%
Price spread now: KuCoin against Extended−0.249%7-day average +0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$377as in the Price arb table
costs, in and out, $10k−$3413.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.249%, 7d avg +0.110%
Together, before fees+0.113%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.359% cheaper against Extended than usual: you would sell low and buy high (spread −0.249% now, against its 7-day average of +0.110%). If the spread goes back, that is −$36 on $10k: about 12 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.093% in total) that is about 27 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PNUT-USD0.057440.0104pay 0.0013% / 1h31m 12s$6K$140K5x
ShortKuCoin PNUTUSDTM0.057300.0202get 0.0101% / 4h3h 31m$1.1M$112K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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

Funding earned
$20.58
Price spread: −0.249% → +0.110%
−$35.87
Slippage, 4 orders
−$324.43
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$356.72
Costs to cover
3.414%
Break-even
128.3 days
Slippage from Extended: live order book, 19 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 19 min ago1.82 bp36.3 bp −$36222.9 bp −$2,229doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago12.22 bp134.6 bp −$135doesn't fitdoesn't fitdoesn't fit

PNUT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PNUTUSDT+0.0100%4h0.05736−0.145%$3K$19K5xas long as short
Binance PNUTUSDT+0.0100%4h0.05744−0.005%$5.6M$10.6M50xas long as short
Bybit PNUTUSDT+0.0100%4h0.05736−0.144%$2.7M$1.4M50xas long as short
OKX PNUT-USDT-SWAP+0.0100%4h0.05740−0.075%$1.7M$6.4M20xas long as short
Gate PNUT_USDT+0.0100%4h0.05726−0.318%$914K$1.2M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05750+0.099%$1.2M$414K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05741−0.057%$764K$1.1M50xas long as short
BingX PNUT-USDC+0.0100%4h0.05731−0.231%$6.5Mas long as short
Variational Omni PNUT+0.0100%4h0.05739−0.092%$33$2Kas long as short
Extended PNUT-USDlong+0.0104%1h0.05744long leg$6K$140K5x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PNUT-USDT+0.0112%4h0.05711−0.580%$295K$27K50xas long as short
KuCoin PNUTUSDTMshort+0.0202%4h0.05730−0.249%$1.1M$112K30x
Hyperliquid PNUT+0.0859%1h0.05759+0.256%$1.7M$502K3xas long as short
Deribit PNUT_USDC-PERPETUAL+0.0968%1h0.05752+0.134%$410xas long as short
Kraken Futures PF_PNUTUSD+0.1160%1h0.05757+0.230%$25K$14K10xas long as short
Coinbase International PNUT-PERP-INTX+0.1240%1h0.05749+0.082%$365K$42K50xas long as short