Settings8H · net · $10k
Funding arb · Price arb /

PNUT

all PNUT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0762%/8h= +83.4% APRpaid last 24h +0.410%
Price spread now: Kraken Futures against Variational Omni+0.173%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Kraken Futures is 0.173% dearer against Variational Omni than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PNUT0.056220.0100pay 0.0050% / 4h27m 51s$32$2K
ShortKraken Futures PF_PNUTUSD0.056310.0862get 0.0108% / 1h27m 51s$24K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$159.99
Price spread: +0.173% → 0.000%
$17.26
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$167.26
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PNUT-USDT-SWAP+0.0052%4h0.05623+0.026%$1.6M$6.0M20xas long as short
Aster PNUTUSDT+0.0100%4h0.05630+0.157%$3K$18K5xas long as short
Binance PNUTUSDT+0.0100%4h0.05629+0.131%$5.3M$10.0M50xas long as short
Bybit PNUTUSDT+0.0100%4h0.05623+0.026%$2.6M$1.3M50xas long as short
Gate PNUT_USDT+0.0100%4h0.05633+0.204%$892K$1.1M50xas long as short
MEXC PNUT_USDT+0.0100%4h0.05626+0.080%$1.2M$408K100xas long as short
Bitget PNUTUSDT+0.0100%4h0.05629+0.133%$767K$1.0M50xas long as short
BingX PNUT-USDT+0.0100%4h0.05625+0.062%$6.6Mas long as short
Variational Omni PNUTlong+0.0100%4h0.05622long leg$32$2K
Extended PNUT-USD+0.0104%1h0.05625+0.070%$6K$142K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PNUT-USDT+0.0112%4h0.05622+0.009%$281K$25K50xas long as short
KuCoin PNUTUSDTM+0.0254%4h0.05633+0.204%$1.1M$119K30xas long as short
Deribit PNUT_USDC-PERPETUAL+0.0283%1h0.05629+0.133%$410xas long as short
Kraken Futures PF_PNUTUSDshort+0.0862%1h0.05631+0.173%$24K$14K10x
Coinbase International PNUT-PERP-INTX+0.1128%1h0.05659+0.667%$359K$53K50xas long as short
Hyperliquid PNUT+0.1166%1h0.05646+0.436%$1.6M$484K3xas long as short