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: Bybit against Gate−0.036%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.036%, 7d avg −0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PNUT_USDT | 0.05599 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $858K | $1.1M | 50x |
| Short | Bybit PNUTUSDT | 0.05597 | 0.0100 | get 0.0050% / 4h | 2h 57m | $2.6M | $1.3M | 50x |
Gate PNUT_USDT
Bybit PNUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.036% → −0.048%
- $1.28
- Slippage, 4 orders
- −$103.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.09
- Costs to cover
- 1.294%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Bybit: 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, 5 min ago | 3.56 bp | 31.4 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.45 bp | 33.5 bp −$34 | 361.3 bp −$3,613 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PNUT_USDC-PERPETUAL | 0.0000% | 1h | 0.05602 | +0.054% | $4 | — | 10x | as long as short |
| BloFin PNUT-USDT | +0.0089% | 4h | 0.05588 | −0.196% | $287K | $25K | 50x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05605 | +0.099% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05601 | +0.033% | $5.3M | $9.8M | 50x | as long as short |
| Bybit PNUTUSDTshort | +0.0100% | 4h | 0.05597 | −0.036% | $2.6M | $1.3M | 50x | |
| OKX PNUT-USDT-SWAP | +0.0100% | 4h | 0.05588 | −0.196% | $1.7M | $5.6M | 20x | as long as short |
| Gate PNUT_USDTlong | +0.0100% | 4h | 0.05599 | long leg | $858K | $1.1M | 50x | |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05598 | −0.018% | $1.2M | $384K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05605 | +0.107% | $770K | $1.1M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05601 | +0.036% | — | $6.6M | — | as long as short |
Deribit PNUT_USDC-PERPETUAL
BloFin PNUT-USDT
Aster PNUTUSDT
Binance PNUTUSDT
OKX PNUT-USDT-SWAP
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PNUT | +0.0100% | 4h | 0.05621 | +0.393% | $32 | $3K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05598 | −0.025% | $6K | $139K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0286% | 4h | 0.05608 | +0.161% | $1.1M | $131K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0745% | 1h | 0.05611 | +0.215% | $24K | $13K | 10x | as long as short |
| Hyperliquid PNUT | +0.0839% | 1h | 0.05608 | +0.161% | $1.6M | $477K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1072% | 1h | 0.05688 | +1.590% | $361K | $56K | 50x | as long as short |
Variational Omni PNUT
Extended PNUT-USD
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX