Funding you earn now, next payment 03:00 UTC−0.0274%/8h= −30.0% APRnext payment −$0.34 per $10,000 · paid last 24h −0.404%
Price spread now: Extended against Kraken Futures−0.393%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.393% cheaper against Kraken Futures than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PNUTUSD | 0.05664 | 0.0378 | pay 0.0047% / 1h | 14m 25s | $24K | $14K | 10x |
| Short | Extended PNUT-USD | 0.05641 | 0.0104 | get 0.0013% / 1h | 14m 25s | $6K | $139K | 5x |
Kraken Futures PF_PNUTUSD
Extended PNUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$57.47
- Price spread: −0.393% → 0.000%
- −$39.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$111.73
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 46 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 46 min ago | 2.92 bp | 32.3 bp −$32 | 237.6 bp −$2,376 | doesn't fit | doesn't fit |
Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PNUT-USDT-SWAP | −0.0032% | 4h | 0.05636 | −0.489% | $1.7M | $5.8M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05644 | −0.351% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05644 | −0.347% | $5.3M | $10.0M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05640 | −0.418% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05647 | −0.294% | $898K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05642 | −0.383% | $1.2M | $403K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05644 | −0.347% | $766K | $1.1M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05646 | −0.312% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05651 | −0.225% | $32 | $2K | — | as long as short |
| Extended PNUT-USDshort | +0.0104% | 1h | 0.05641 | −0.393% | $6K | $139K | 5x |
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Variational Omni PNUTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PNUT_USDC-PERPETUAL | +0.0104% | 1h | 0.05646 | −0.312% | $4 | — | 10x | as long as short |
| KuCoin PNUTUSDTM | +0.0146% | 4h | 0.05655 | −0.153% | $1.1M | $122K | 30x | as long as short |
| BloFin PNUT-USDT | +0.0157% | 4h | 0.05652 | −0.206% | $220K | $26K | 50x | as long as short |
| Kraken Futures PF_PNUTUSDlong | +0.0378% | 1h | 0.05664 | long leg | $24K | $14K | 10x | |
| Hyperliquid PNUT | +0.0784% | 1h | 0.05653 | −0.188% | $1.6M | $480K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1256% | 1h | 0.05660 | −0.065% | $359K | $53K | 50x | as long as short |
Deribit PNUT_USDC-PERPETUAL
KuCoin PNUTUSDTM
BloFin PNUT-USDT
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX