Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.035%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.035%, 7d avg −0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PNUT_USDT | 0.05659 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $895K | $1.1M | 50x |
| Short | Bitget PNUTUSDT | 0.05657 | 0.0100 | get 0.0050% / 4h | 2h 12m | $765K | $1.1M | 50x |
Gate PNUT_USDT
Bitget PNUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.035% → −0.053%
- $1.81
- Slippage, 4 orders
- −$79.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$104.59
- Costs to cover
- 1.064%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago | 3.54 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.43 bp | 20.4 bp −$20 | 50.2 bp −$502 | doesn't fit | doesn't fit |
PNUT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PNUT_USDC-PERPETUAL | 0.0000% | 1h | 0.05664 | +0.088% | $4 | — | 10x | as long as short |
| OKX PNUT-USDT-SWAP | +0.0043% | 4h | 0.05661 | +0.035% | $1.7M | $5.8M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05656 | −0.053% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05662 | +0.048% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05657 | −0.035% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDTlong | +0.0100% | 4h | 0.05659 | long leg | $895K | $1.1M | 50x | |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05660 | +0.018% | $1.2M | $397K | 100x | as long as short |
| Bitget PNUTUSDTshort | +0.0100% | 4h | 0.05657 | −0.035% | $765K | $1.1M | 50x | |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05654 | −0.088% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05644 | −0.266% | $32 | $3K | — | as long as short |
Deribit PNUT_USDC-PERPETUAL
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
MEXC PNUT_USDT
BingX PNUT-USDT
Variational Omni PNUTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05659 | +0.006% | $8K | $143K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0232% | 4h | 0.05661 | +0.035% | $1.1M | $131K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0736% | 1h | 0.05677 | +0.319% | $24K | $14K | 10x | as long as short |
| Hyperliquid PNUT | +0.0808% | 1h | 0.05674 | +0.265% | $1.6M | $484K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1072% | 1h | 0.05682 | +0.406% | $360K | $55K | 50x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX