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

PNUT

all PNUT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.012%
Price spread now: Extended against KuCoin−0.062%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$438as in the Price arb table
costs, in and out, $10k−$4434.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 4 days (all we have)+0.290%+$29 · spread now −0.062%, 7d avg −0.110%
Together, before fees+0.197%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.048% dearer against KuCoin than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.110%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PNUTUSDTM0.056320.0178pay 0.0089% / 4h2h 36m$1.1M$112K30x
ShortExtended PNUT-USD0.056290.0104get 0.0013% / 1h36m 51s$7K$79K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$15.54
Price spread: −0.062% → −0.110%
$4.84
Slippage, 4 orders
−$426.09
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$453.79
Costs to cover
4.431%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 74 min ago.

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 ago15.12 bp177.3 bp −$177doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 74 min ago1.82 bp39.8 bp −$40252.2 bp −$2,522doesn't fitdoesn't fit

PNUT on 16 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−0.0033%4h0.05623−0.160%$1.7M$6.3M20xas long as short
BloFin PNUT-USDT+0.0007%4h0.05613−0.337%$290K$26K50xas long as short
Bybit PNUTUSDT+0.0061%4h0.05624−0.142%$2.6M$1.5M50xas long as short
Aster PNUTUSDT+0.0100%4h0.05628−0.069%$3K$19K5xas long as short
Binance PNUTUSDT+0.0100%4h0.05630−0.036%$5.4M$10.9M50xas long as short
Gate PNUT_USDT+0.0100%4h0.05626−0.107%$900K$1.2M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05630−0.036%$1.1M$433K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05626−0.107%$782K$1.2M50xas long as short
BingX PNUT-USDT+0.0100%4h0.05624−0.142%$6.6Mas long as short
Variational Omni PNUT+0.0100%4h0.05617−0.264%$32$2Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PNUT-USDshort+0.0104%1h0.05629−0.062%$7K$79K5x
KuCoin PNUTUSDTMlong+0.0178%4h0.05632long leg$1.1M$112K30x
Deribit PNUT_USDC-PERPETUAL+0.0283%1h0.05633+0.018%$410xas long as short
Hyperliquid PNUT+0.0897%1h0.05643+0.195%$1.6M$509K3xas long as short
Kraken Futures PF_PNUTUSD+0.0940%1h0.05640+0.139%$24K$13K10xas long as short
Coinbase International PNUT-PERP-INTX+0.1472%1h0.05735+1.829%$364K$40K50xas long as short