Settings8H · net · $10k
Funding arb · Price arb /

PNUT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0150%/8h= −16.4% APRnext payment $0.75 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against KuCoin−0.030%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.030% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PNUTUSDTM0.056650.0250pay 0.0125% / 4h2h 06m$1.1M$131K30x
ShortAster PNUTUSDT0.056630.0100get 0.0050% / 4h2h 06m$3K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$31.5
Price spread: −0.030% → 0.000%
−$2.98
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$54.48
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago7.97 bp281.4 bp −$281doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PNUT-USDT-SWAP+0.0060%4h0.05654−0.194%$1.7M$5.8M20xas long as short
Aster PNUTUSDTshort+0.0100%4h0.05663−0.030%$3K$18K5x
Binance PNUTUSDT+0.0100%4h0.05658−0.124%$5.3M$10.0M50xas long as short
Bybit PNUTUSDT+0.0100%4h0.05655−0.177%$2.6M$1.3M50xas long as short
Gate PNUT_USDT+0.0100%4h0.05662−0.053%$896K$1.1M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05659−0.106%$1.2M$398K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05658−0.124%$765K$1.1M50xas long as short
BingX PNUT-USDT+0.0100%4h0.05658−0.124%$6.6Mas long as short
Variational Omni PNUT+0.0100%4h0.05653−0.220%$32$3Kas long as short
Deribit PNUT_USDC-PERPETUAL+0.0103%1h0.05660−0.088%$410xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PNUT-USD+0.0104%1h0.05662−0.053%$8K$143K5xas long as short
KuCoin PNUTUSDTMlong+0.0250%4h0.05665long leg$1.1M$131K30x
Kraken Futures PF_PNUTUSD+0.0737%1h0.05668+0.050%$24K$14K10xas long as short
Hyperliquid PNUT+0.0808%1h0.05673+0.141%$1.6M$477K3xas long as short
Coinbase International PNUT-PERP-INTX+0.1072%1h0.05689+0.424%$361K$55K50xas long as short