Funding you earn now, next payment 08:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.013%
Price spread now: KuCoin against MEXC−0.087%7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$2832.832% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days+0.139%+$14 · spread now −0.087%, 7d avg +0.083%
=Funding pays, the price is against you. KuCoin is 0.170% cheaper against MEXC than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.083%). If the spread goes back, that is −$17 on $10k: about 5.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.100% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PNUT_USDT | 0.05740 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $1.2M | $414K | 100x |
| Short | KuCoin PNUTUSDTM | 0.05735 | 0.0202 | get 0.0101% / 4h | 3h 30m | $1.1M | $112K | 30x |
MEXC PNUT_USDT
KuCoin PNUTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21.42
- Price spread: −0.087% → +0.083%
- −$17
- Slippage, 4 orders
- −$267.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$278.8
- Costs to cover
- 2.832%
- Break-even
- 98.1 days
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago | 2.61 bp | 9.0 bp −$9 | 35.2 bp −$352 | 123.9 bp −$12.4K | 263.1 bp −$131.5K |
| Sell KuCoin live order book, 5 min ago | 12.22 bp | 134.6 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
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-PERPETUAL | +0.0098% | 1h | 0.05742 | +0.035% | $4 | — | 10x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05738 | −0.043% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05742 | +0.035% | $5.6M | $10.6M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05734 | −0.105% | $2.7M | $1.4M | 50x | as long as short |
| OKX PNUT-USDT-SWAP | +0.0100% | 4h | 0.05732 | −0.139% | $1.7M | $6.4M | 20x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05734 | −0.105% | $916K | $1.2M | 50x | as long as short |
| MEXC PNUT_USDTlong | +0.0100% | 4h | 0.05740 | long leg | $1.2M | $414K | 100x | |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05734 | −0.105% | $763K | $1.1M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05730 | −0.174% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05739 | −0.017% | $33 | $2K | — | as long as short |
Deribit PNUT_USDC-PERPETUAL
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
OKX PNUT-USDT-SWAP
Gate PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Variational Omni PNUTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05742 | +0.039% | $6K | $140K | 5x | as long as short |
| BloFin PNUT-USDT | +0.0112% | 4h | 0.05711 | −0.505% | $295K | $27K | 50x | as long as short |
| KuCoin PNUTUSDTMshort | +0.0202% | 4h | 0.05735 | −0.087% | $1.1M | $112K | 30x | |
| Hyperliquid PNUT | +0.0854% | 1h | 0.05753 | +0.226% | $1.7M | $502K | 3x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.1162% | 1h | 0.05745 | +0.090% | $25K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1240% | 1h | 0.05769 | +0.505% | $366K | $42K | 50x | as long as short |
Extended PNUT-USD
BloFin PNUT-USDT
Hyperliquid PNUT
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX