Funding you earn now, next payment 10:00 UTC+0.0373%/8h= +40.9% APRpaid last 24h +0.018%
Price spread now: Deribit against OKX+0.157%46s7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Deribit is 0.157% dearer against OKX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | 0.05720 | 0.0076 | pay 0.0038% / 4h | 2h 21m | $1.8M | $7.0M | 20x |
| Short | Deribit PNUT_USDC-PERPETUAL | 0.05729 | 0.0449 | get 0.0056% / 1h | 21m 35s | $4 | — | 10x |
OKX PNUT-USDT-SWAP
Deribit PNUT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $78.35
- Price spread: +0.157% → 0.000%
- $15.73
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $77.08
- Costs to cover
- 0.170%
- Break-even
- 0.1 days
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago | 1.75 bp | 24.0 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| 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 exchanges
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 | −0.0003% | 4h | 0.05732 | +0.210% | $296K | $27K | 50x | as long as short |
| Variational Omni PNUT | +0.0031% | 4h | 0.05729 | +0.163% | $283 | $4K | — | as long as short |
| Bybit PNUTUSDT | +0.0067% | 4h | 0.05719 | −0.017% | $2.7M | $1.8M | 50x | as long as short |
| OKX PNUT-USDT-SWAPlong | +0.0076% | 4h | 0.05720 | long leg | $1.8M | $7.0M | 20x | |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05723 | +0.060% | $3K | $26K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05725 | +0.087% | $5.6M | $12.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05725 | +0.087% | $916K | $1.3M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05727 | +0.122% | $1.1M | $468K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05722 | +0.035% | $826K | $1.3M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05719 | −0.017% | — | $6.6M | — | as long as short |
BloFin PNUT-USDT
Variational Omni PNUT
Bybit PNUTUSDT
Aster PNUTUSDT
Binance PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PNUT-USD | +0.0104% | 1h | 0.05725 | +0.093% | $6K | $239K | 5x | as long as short |
| KuCoin PNUTUSDTM | +0.0118% | 4h | 0.05731 | +0.192% | $1.1M | $147K | 30x | as long as short |
| Deribit PNUT_USDC-PERPETUALshort | +0.0449% | 1h | 0.05729 | +0.157% | $4 | — | 10x | |
| Hyperliquid PNUT | +0.0485% | 1h | 0.05739 | +0.332% | $1.7M | $572K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1528% | 1h | 0.05780 | +1.049% | $367K | $37K | 50x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.2337% | 1h | 0.05727 | +0.121% | $24K | $14K | 10x | as long as short |
Extended PNUT-USD
KuCoin PNUTUSDTM
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX
Kraken Futures PF_PNUTUSD