Funding you earn now, next payment 02:00 UTC+0.0008%/8h= +0.8% APRpaid last 24h −0.010%
Price spread now: Deribit against Variational Omni+0.257%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.257% dearer against Variational Omni than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PNUT | 0.05582 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $32 | $3K | — |
| Short | Deribit PNUT_USDC-PERPETUAL | 0.05596 | 0.0108 | get 0.0013% / 1h | 54m 46s | $4 | — | 10x |
Variational Omni PNUT
Deribit PNUT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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
- $1.58
- Price spread: +0.257% → 0.000%
- $25.74
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $20.32
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Variational Omni and 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 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-SWAP | +0.0098% | 4h | 0.05586 | +0.078% | $1.7M | $5.6M | 20x | as long as short |
| Aster PNUTUSDT | +0.0100% | 4h | 0.05599 | +0.307% | $3K | $19K | 5x | as long as short |
| Binance PNUTUSDT | +0.0100% | 4h | 0.05600 | +0.325% | $5.3M | $9.8M | 50x | as long as short |
| Bybit PNUTUSDT | +0.0100% | 4h | 0.05594 | +0.222% | $2.6M | $1.3M | 50x | as long as short |
| Gate PNUT_USDT | +0.0100% | 4h | 0.05593 | +0.204% | $857K | $1.1M | 50x | as long as short |
| MEXC PNUT_USDT | +0.0100% | 4h | 0.05591 | +0.168% | $1.2M | $385K | 100x | as long as short |
| Bitget PNUTUSDT | +0.0100% | 4h | 0.05590 | +0.150% | $768K | $1.1M | 50x | as long as short |
| BingX PNUT-USDT | +0.0100% | 4h | 0.05597 | +0.275% | — | $6.6M | — | as long as short |
| Variational Omni PNUTlong | +0.0100% | 4h | 0.05582 | long leg | $32 | $3K | — | |
| Extended PNUT-USD | +0.0104% | 1h | 0.05592 | +0.189% | $6K | $139K | 5x | as long as short |
OKX PNUT-USDT-SWAP
Aster PNUTUSDT
Binance PNUTUSDT
Bybit PNUTUSDT
Gate PNUT_USDT
MEXC PNUT_USDT
Bitget PNUTUSDT
BingX PNUT-USDT
Extended PNUT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PNUT_USDC-PERPETUALshort | +0.0108% | 1h | 0.05596 | +0.257% | $4 | — | 10x | |
| BloFin PNUT-USDT | +0.0128% | 4h | 0.05589 | +0.132% | $288K | $25K | 50x | as long as short |
| KuCoin PNUTUSDTM | +0.0274% | 4h | 0.05600 | +0.329% | $1.1M | $131K | 30x | as long as short |
| Kraken Futures PF_PNUTUSD | +0.0746% | 1h | 0.05603 | +0.380% | $24K | $13K | 10x | as long as short |
| Hyperliquid PNUT | +0.0884% | 1h | 0.05608 | +0.472% | $1.6M | $477K | 3x | as long as short |
| Coinbase International PNUT-PERP-INTX | +0.1072% | 1h | 0.05688 | +1.906% | $361K | $56K | 50x | as long as short |
BloFin PNUT-USDT
KuCoin PNUTUSDTM
Kraken Futures PF_PNUTUSD
Hyperliquid PNUT
Coinbase International PNUT-PERP-INTX