Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.012%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.994% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now −0.012%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.021% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PNUT_USDT | 0.05813 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $932K | $1.4M | 50x |
| Short | Binance PNUTUSDT | 0.05812 | 0.0100 | get 0.0050% / 4h | 3h 05m | $5.7M | $12.1M | 50x |
Gate PNUT_USDT
Binance PNUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $0
- Price spread: −0.012% → −0.033%
- $2.06
- Slippage, 4 orders
- −$74.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$97.31
- Costs to cover
- 0.994%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 5 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 Gate live order book, 2 min ago | 5.16 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.58 bp | 18.3 bp −$18 | 50.4 bp −$504 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PNUT-USDT | +0.0086% | 4h | 0.05810 | −0.052% | $302K | $27K | 50x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0094% | 1h | 0.05808 | −0.086% | $4 | — | 10x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05812 | −0.012% | $5K | $23K | 5x | as long as short |
| Binance PNUTUSDTshort | +0.0100% | 4h | 0.05812 | −0.012% | $5.7M | $12.1M | 50x | |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05805 | −0.138% | $2.7M | $1.8M | 50x | as long as short |
| OKX PNUT-USDT-SWAP | +0.0100% | 4h | 0.05804 | −0.155% | $1.8M | $7.0M | 20x | as long as short |
| Gate PNUT_USDTlong | +0.0100% | 4h | 0.05813 | long leg | $932K | $1.4M | 50x | |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05812 | −0.017% | $1.2M | $472K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05811 | −0.034% | $809K | $1.3M | 50x | as long as short |
| BingX PNUT-USDC | +0.0100% | 4h | 0.05809 | −0.069% | — | $6.5M | — | as long as short |
BloFin PNUT-USDT
Deribit PNUT_USDC-PERPETUAL
Aster PNUTUSDT
Bybit PNUTUSDT
OKX PNUT-USDT-SWAP
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDCShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PNUT | +0.0100% | 4h | 0.05804 | −0.154% | $804 | $3K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05815 | +0.042% | $7K | $243K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0204% | 4h | 0.05821 | +0.138% | $1.1M | $142K | 30x | as long as short |
| Hyperliquid PNUT | +0.0435% | 1h | 0.05822 | +0.155% | $1.7M | $563K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1592% | 1h | 0.05849 | +0.619% | $371K | $41K | 50x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.1886% | 1h | 0.05831 | +0.308% | $26K | $9K | 10x | as long as short |
Variational Omni PNUT
Extended PNUT-USD
KuCoin PNUTUSDTM
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX
Kraken Futures PF_PNUTUSD