Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.011%
Price spread now: Deribit against MEXC−0.018%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PNUT_USDT | 0.05649 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $1.2M | $388K | 100x |
| Short | Deribit PNUT_USDC-PERPETUAL | 0.05648 | 0 | get 0.0000% / 1h | 50m 54s | $4 | — | 10x |
MEXC PNUT_USDT
Deribit PNUT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: −0.018% → 0.000%
- −$1.77
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$33.77
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 10 min ago; Deribit: 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 MEXC live order book, 10 min ago | 1.78 bp | 8.2 bp −$8 | 25.4 bp −$254 | 117.6 bp −$11.8K | 264.2 bp −$132.1K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PNUT_USDC-PERPETUALshort | 0.0000% | 1h | 0.05648 | −0.018% | $4 | — | 10x | |
| BloFin PNUT-USDT | +0.0069% | 4h | 0.05640 | −0.159% | $289K | $25K | 50x | as long as short |
| OKX PNUT-USDT-SWAP | +0.0090% | 4h | 0.05653 | +0.071% | $1.7M | $5.7M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05646 | −0.059% | $3K | $18K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05651 | +0.029% | $5.4M | $9.9M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05648 | −0.018% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05646 | −0.053% | $865K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDTlong | +0.0100% | 4h | 0.05649 | long leg | $1.2M | $388K | 100x | |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05651 | +0.035% | $775K | $1.1M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05645 | −0.071% | — | $6.6M | — | as long as short |
BloFin PNUT-USDT
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PNUT | +0.0100% | 4h | 0.05643 | −0.113% | $32 | $3K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05648 | −0.023% | $6K | $139K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0296% | 4h | 0.05646 | −0.053% | $1.1M | $131K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0739% | 1h | 0.05654 | +0.094% | $24K | $13K | 10x | as long as short |
| Hyperliquid PNUT | +0.0981% | 1h | 0.05660 | +0.195% | $1.6M | $478K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1072% | 1h | 0.05688 | +0.690% | $361K | $56K | 50x | as long as short |
Variational Omni PNUT
Extended PNUT-USD
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX