Funding you earn now, next payment 12:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against OKX+0.280%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$390as in the Price arb table
costs, in and out, $10k−$4084.077% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 7 days−0.251%−$25 · spread now +0.280%, 7d avg +0.108%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.172% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PNUT-USDT-SWAP | 0.05716 | 0.0078 | pay 0.0039% / 4h | 2h 20m | $1.8M | $7.0M | 20x |
| Short | KuCoin PNUTUSDTM | 0.05732 | 0.0130 | get 0.0065% / 4h | 2h 20m | $1.1M | $147K | 30x |
OKX PNUT-USDT-SWAP
KuCoin PNUTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.85
- Price spread: +0.280% → +0.108%
- $17.23
- Slippage, 4 orders
- −$385.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$379.59
- Costs to cover
- 4.077%
- Break-even
- 251.9 days
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago | 2.63 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 13.09 bp | 239.6 bp −$240 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PNUT | +0.0040% | 4h | 0.05712 | −0.073% | $282 | $4K | — | as long as short |
| Bybit PNUTUSDT | +0.0056% | 4h | 0.05717 | +0.017% | $2.7M | $1.8M | 50x | as long as short |
| BloFin PNUT-USDT | +0.0066% | 4h | 0.05720 | +0.070% | $297K | $27K | 50x | as long as short |
| OKX PNUT-USDT-SWAPlong | +0.0078% | 4h | 0.05716 | long leg | $1.8M | $7.0M | 20x | |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05723 | +0.129% | $3K | $26K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05723 | +0.122% | $5.6M | $12.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05726 | +0.175% | $916K | $1.3M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05722 | +0.105% | $1.1M | $469K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05720 | +0.070% | $826K | $1.3M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05719 | +0.052% | — | $6.6M | — | as long as short |
Variational Omni PNUT
Bybit PNUTUSDT
BloFin PNUT-USDT
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 | 0.05721 | +0.090% | $6K | $239K | 5x | as long as short |
| KuCoin PNUTUSDTMshort | +0.0130% | 4h | 0.05732 | +0.280% | $1.1M | $147K | 30x | |
| Deribit PNUT_USDC-PERPETUAL | +0.0274% | 1h | 0.05726 | +0.175% | $4 | — | 10x | as long as short |
| Hyperliquid PNUT | +0.0493% | 1h | 0.05734 | +0.315% | $1.7M | $572K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1528% | 1h | 0.05780 | +1.120% | $367K | $37K | 50x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.2340% | 1h | 0.05719 | +0.060% | $24K | $14K | 10x | as long as short |
Extended PNUT-USD
Deribit PNUT_USDC-PERPETUAL
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX
Kraken Futures PF_PNUTUSD