Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.069%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.069%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.070% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PNUT_USDT | 0.05839 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $1.2M | $462K | 100x |
| Short | BingX PNUT-USDC | 0.05835 | 0.0100 | get 0.0050% / 4h | 3h 39m | — | $6.5M | — |
MEXC PNUT_USDT
BingX PNUT-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $0
- Price spread: −0.069% → +0.001%
- −$6.96
- Slippage, 4 orders
- −$41.26
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$62.22
- Costs to cover
- 0.553%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 11 min ago.
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 MEXC live order book, 2 min ago | 0.86 bp | 7.9 bp −$8 | 19.9 bp −$199 | 108.7 bp −$10.9K | 258.7 bp −$129.3K |
| Sell BingX live order book, 11 min ago | 3.41 bp | 18.0 bp −$18 | 85.8 bp −$858 | 440.9 bp −$44.1K | 858.0 bp −$429.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PNUT-USDT | +0.0049% | 4h | 0.05831 | −0.137% | $308K | $28K | 50x | as long as short |
| OKX PNUT-USDT-SWAP | +0.0067% | 4h | 0.05822 | −0.291% | $1.8M | $7.1M | 20x | as long as short |
| Bybit PNUTUSDT | +0.0069% | 4h | 0.05826 | −0.223% | $2.8M | $1.8M | 50x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0093% | 1h | 0.05835 | −0.069% | $4 | — | 10x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05838 | −0.020% | $3K | $21K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05838 | −0.020% | $5.8M | $12.0M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05834 | −0.086% | $915K | $1.3M | 50x | as long as short |
| MEXC PNUT_USDTlong | +0.0100% | 4h | 0.05839 | long leg | $1.2M | $462K | 100x | |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05832 | −0.120% | $797K | $1.3M | 50x | as long as short |
| BingX PNUT-USDCshort | +0.0100% | 4h | 0.05835 | −0.069% | — | $6.5M | — |
BloFin PNUT-USDT
OKX PNUT-USDT-SWAP
Bybit PNUTUSDT
Deribit PNUT_USDC-PERPETUAL
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
Bitget PNUTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PNUT | +0.0100% | 4h | 0.05825 | −0.248% | $33 | $2K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05841 | +0.041% | $8K | $243K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0198% | 4h | 0.05841 | +0.034% | $1.2M | $137K | 30x | as long as short |
| Hyperliquid PNUT | +0.0623% | 1h | 0.05841 | +0.034% | $1.7M | $556K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1592% | 1h | 0.05888 | +0.839% | $374K | $44K | 50x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.1879% | 1h | 0.05852 | +0.225% | $26K | $13K | 10x | as long as short |
Variational Omni PNUT
Extended PNUT-USD
KuCoin PNUTUSDTM
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX
Kraken Futures PF_PNUTUSD