Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against MEXC0.000%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 7 days+0.004%$0 · spread now 0.000%, 7d avg −0.018%
=The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$2 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 | 0.05630 | 0.0100 | pay 0.0050% / 4h | 25m 39s | $1.2M | $408K | 100x |
| Short | OKX PNUT-USDT-SWAP | 0.05630 | 0.0046 | get 0.0023% / 4h | 25m 39s | $1.6M | $6.0M | 20x |
MEXC PNUT_USDT
OKX PNUT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$11.37
- Price spread: 0.000% → −0.018%
- $1.77
- Slippage, 4 orders
- −$45.59
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$69.18
- Costs to cover
- 0.596%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 2 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, 5 min ago | 0.89 bp | 5.6 bp −$6 | 14.7 bp −$147 | 117.4 bp −$11.7K | 269.5 bp −$134.7K |
| Sell OKX live order book, 2 min ago | 3.55 bp | 23.3 bp −$23 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PNUT-USDT-SWAPshort | +0.0046% | 4h | 0.05630 | 0.000% | $1.6M | $6.0M | 20x | |
| BloFin PNUT-USDT | +0.0072% | 4h | 0.05638 | +0.142% | $281K | $25K | 50x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05643 | +0.228% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05632 | +0.031% | $5.3M | $10.1M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05630 | 0.000% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05638 | +0.142% | $893K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDTlong | +0.0100% | 4h | 0.05630 | long leg | $1.2M | $408K | 100x | |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05633 | +0.053% | $767K | $1.0M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05635 | +0.089% | — | $6.6M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05633 | +0.053% | $32 | $2K | — | as long as short |
BloFin PNUT-USDT
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
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 | 0.05630 | +0.005% | $6K | $142K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0244% | 4h | 0.05644 | +0.249% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0460% | 1h | 0.05640 | +0.178% | $4 | — | 10x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0860% | 1h | 0.05644 | +0.252% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1128% | 1h | 0.05669 | +0.693% | $360K | $53K | 50x | as long as short |
| Hyperliquid PNUT | +0.1155% | 1h | 0.05638 | +0.142% | $1.6M | $485K | 3x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX
Hyperliquid PNUT