Funding you earn now, next payment 06:00 UTC−0.0840%/8h= −92.0% APRpaid last 24h −0.431%
Price spread now: Variational Omni against Kraken Futures−0.379%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Variational Omni is 0.379% cheaper against Kraken Futures than usual: you would sell low and buy high (−$38 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 | 0.05639 | 0.0940 | pay 0.0117% / 1h | 37m 56s | $24K | $13K | 10x |
| Short | Variational Omni PNUT | 0.05617 | 0.0100 | get 0.0050% / 4h | 2h 37m | $32 | $2K | — |
Kraken Futures PF_PNUTUSD
Variational Omni PNUTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$176.36
- Price spread: −0.379% → 0.000%
- −$37.91
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$224.28
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and Variational Omni: 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 | −0.0037% | 4h | 0.05619 | −0.346% | $1.6M | $6.3M | 20x | as long as short |
| BloFin PNUT-USDT | +0.0020% | 4h | 0.05603 | −0.630% | $288K | $26K | 50x | as long as short |
| Bybit PNUTUSDT | +0.0038% | 4h | 0.05619 | −0.346% | $2.6M | $1.5M | 50x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05621 | −0.308% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05625 | −0.247% | $5.4M | $10.9M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05621 | −0.310% | $899K | $1.2M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05624 | −0.257% | $1.1M | $433K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05619 | −0.346% | $781K | $1.2M | 50x | as long as short |
| BingX PNUT-USDC | +0.0100% | 4h | 0.05619 | −0.346% | — | $6.5M | — | as long as short |
| Variational Omni PNUTshort | +0.0100% | 4h | 0.05617 | −0.379% | $32 | $2K | — |
OKX PNUT-USDT-SWAP
BloFin PNUT-USDT
Bybit PNUTUSDT
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05622 | −0.285% | $7K | $79K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0172% | 4h | 0.05630 | −0.151% | $1.1M | $112K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0284% | 1h | 0.05625 | −0.240% | $4 | — | 10x | as long as short |
| Hyperliquid PNUT | +0.0893% | 1h | 0.05638 | −0.009% | $1.6M | $509K | 3x | as long as short |
| Kraken Futures PF_PNUTUSDlong | +0.0940% | 1h | 0.05639 | long leg | $24K | $13K | 10x | |
| Coinbase International PNUT-PERP-INTX | +0.1472% | 1h | 0.05735 | +1.711% | $364K | $40K | 50x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX