Funding you earn now, next payment 10:00 UTC−0.2261%/8h= −247.6% APRpaid last 24h −0.479%
Price spread now: OKX against Kraken Futures−0.060%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$68 a day on $10k at the current rate, and OKX is 0.060% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 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 | 0.05719 | 0.2340 | pay 0.0292% / 1h | 20m 04s | $24K | $14K | 10x |
| Short | OKX PNUT-USDT-SWAP | 0.05716 | 0.0078 | get 0.0039% / 4h | 2h 20m | $1.8M | $7.0M | 20x |
Kraken Futures PF_PNUTUSD
OKX PNUT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$474.91
- Price spread: −0.060% → 0.000%
- −$5.96
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$500.86
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 2.63 bp | 17.6 bp −$18 | 118.8 bp −$1,188 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PNUT | +0.0040% | 4h | 0.05712 | −0.133% | $282 | $4K | — | as long as short |
| Bybit PNUTUSDT | +0.0056% | 4h | 0.05717 | −0.042% | $2.7M | $1.8M | 50x | as long as short |
| BloFin PNUT-USDT | +0.0066% | 4h | 0.05720 | +0.010% | $297K | $27K | 50x | as long as short |
| OKX PNUT-USDT-SWAPshort | +0.0078% | 4h | 0.05716 | −0.060% | $1.8M | $7.0M | 20x | |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05723 | +0.069% | $3K | $26K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05723 | +0.063% | $5.6M | $12.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05726 | +0.115% | $916K | $1.3M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05722 | +0.045% | $1.1M | $469K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05720 | +0.010% | $826K | $1.3M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05719 | −0.007% | — | $6.6M | — | as long as short |
Variational Omni PNUT
Bybit PNUTUSDT
BloFin PNUT-USDT
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05721 | +0.030% | $6K | $239K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0130% | 4h | 0.05732 | +0.220% | $1.1M | $147K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0274% | 1h | 0.05726 | +0.115% | $4 | — | 10x | as long as short |
| Hyperliquid PNUT | +0.0493% | 1h | 0.05734 | +0.255% | $1.7M | $572K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1528% | 1h | 0.05780 | +1.059% | $367K | $37K | 50x | as long as short |
| Kraken Futures PF_PNUTUSDlong | +0.2340% | 1h | 0.05719 | long leg | $24K | $14K | 10x |
Extended PNUT-USD
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX