Funding you earn now, next payment 08:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against OKX−0.018%73s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.018%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PNUT-USDT-SWAP | 0.05697 | 0.0085 | pay 0.0043% / 4h | 3h 58m | $1.7M | $6.2M | 20x |
| Short | BloFin PNUT-USDT | 0.05696 | 0.0151 | get 0.0076% / 4h | 3h 58m | $286K | $25K | 50x |
OKX PNUT-USDT-SWAP
BloFin PNUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $13.82
- Price spread: −0.018% → +0.001%
- −$1.9
- Slippage, 4 orders
- −$71.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$81.99
- Costs to cover
- 0.939%
- Break-even
- 48.5 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 36 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 OKX live order book, 5 min ago | 1.76 bp | 19.6 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 4.49 bp | 29.7 bp −$30 | 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-SWAPlong | +0.0085% | 4h | 0.05697 | long leg | $1.7M | $6.2M | 20x | |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05692 | −0.091% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05693 | −0.065% | $5.4M | $10.2M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05689 | −0.140% | $2.6M | $1.3M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05690 | −0.123% | $1.1M | $408K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05691 | −0.105% | $759K | $1.1M | 50x | as long as short |
| BingX PNUT-USDC | +0.0100% | 4h | 0.05696 | −0.018% | — | $6.5M | — | as long as short |
| Variational Omni PNUT | +0.0100% | 4h | 0.05703 | +0.105% | $32 | $2K | — | as long as short |
| Extended PNUT-USD | +0.0104% | 1h | 0.05689 | −0.140% | $8K | $140K | 5x | as long as short |
| BloFin PNUT-USDTshort | +0.0151% | 4h | 0.05696 | −0.018% | $286K | $25K | 50x |
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDC
Variational Omni PNUT
Extended PNUT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PNUTUSDTM | +0.0232% | 4h | 0.05700 | +0.053% | $1.1M | $119K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUAL | +0.0278% | 1h | 0.05689 | −0.140% | $4 | — | 10x | as long as short |
| Gate PNUT_USDT | +0.0620% | 4h | 0.05707 | +0.176% | $980K | $1.1M | 50x | as long as short |
| Hyperliquid PNUT | +0.0897% | 1h | 0.05710 | +0.228% | $1.7M | $485K | 3x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.1169% | 1h | 0.05713 | +0.287% | $24K | $14K | 10x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1240% | 1h | 0.05737 | +0.702% | $364K | $53K | 50x | as long as short |
KuCoin PNUTUSDTM
Deribit PNUT_USDC-PERPETUAL
Gate PNUT_USDT
Hyperliquid PNUT
Kraken Futures PF_PNUTUSD
Coinbase International PNUT-PERP-INTX