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

PNUT

all PNUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0042%/8h= −4.7% APRpaid last 24h −0.007%
Price spread now: OKX against Extended+0.011%7-day average −0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.011%, 7d avg −0.032%
Together, before fees+0.044%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.043% dearer against Extended than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.032%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PNUT-USD0.057180.0104pay 0.0013% / 1h59m 22s$6K$81K5x
ShortOKX PNUT-USDT-SWAP0.057190.0062get 0.0031% / 4h1h 59m$1.7M$6.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$8.92
Price spread: +0.011% → −0.032%
$4.27
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$19.65
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.

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 no order-book sample
Sell OKX live order book, 3 min ago1.75 bp18.2 bp −$18doesn't fitdoesn't fitdoesn't fit
Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PNUT-USDT-SWAPshort+0.0062%4h0.05719+0.011%$1.7M$6.5M20x
BloFin PNUT-USDT+0.0077%4h0.05725+0.116%$289K$27K50xas long as short
Aster PNUTUSDT+0.0100%4h0.05721+0.039%$3K$19K5xas long as short
Binance PNUTUSDT+0.0100%4h0.05728+0.164%$5.5M$11.0M50xas long as short
Bybit PNUTUSDT+0.0100%4h0.05720+0.028%$2.6M$1.5M50xas long as short
Gate PNUT_USDT+0.0100%4h0.05718−0.007%$897K$1.2M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05726+0.133%$1.1M$444K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05719+0.011%$783K$1.1M50xas long as short
BingX PNUT-USDC+0.0100%4h0.05719+0.011%$6.5Mas long as short
Variational Omni PNUT+0.0100%4h0.05710−0.139%$33$2Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PNUT-USDlong+0.0104%1h0.05718long leg$6K$81K5x
Deribit PNUT_USDC-PERPETUAL+0.0274%1h0.05727+0.151%$410xas long as short
KuCoin PNUTUSDTM+0.0282%4h0.05730+0.203%$1.1M$113K30xas long as short
Hyperliquid PNUT+0.0653%1h0.05738+0.343%$1.7M$511K3xas long as short
Kraken Futures PF_PNUTUSD+0.0926%1h0.05726+0.127%$25K$13K10xas long as short
Coinbase International PNUT-PERP-INTX+0.1472%1h0.05762+0.763%$366K$42K50xas long as short