PNUT funding rates and arbitrage
Updated 2026-11-11 23:02 UTC
Best PNUT arbitrage after every cost
No PNUT pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
PNUT funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Kraken | PF_PNUTUSD | 0.0126% | 1 h | +110.8% | −78.2% | $10.2K | 2026-11-12 00:00 |
| WhiteBIT | PNUT_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $652K | 2026-11-12 00:00 |
| Bitget | PNUTUSDT | 0.0050% | 4 h | +10.9% | +2.7% | $408.9K | 2026-11-12 00:00 |
| BingX | PNUT-USDT | 0.0050% | 4 h | +10.9% | +10.0% | $383.1K | 2026-11-12 00:00 |
| Hyperliquid | PNUT | 0.0013% | 1 h | +10.9% | +10.7% | $811K | 2026-11-12 00:00 |
| Variational | PNUT-PERP | 0.0050% | 4 h | +10.9% | +11.8% | $532 | 2026-11-12 00:00 |
| Bitunix | PNUTUSDT | 0.0036% | 4 h | +7.9% | +5.8% | — | 2026-11-12 00:00 |
| BloFin | PNUT-USDT | 0.0034% | 4 h | +7.5% | +0.9% | $131.9K | 2026-11-12 00:00 |
| LBank | PNUTUSDT | 0.0028% | 4 h | +6.2% | +10.8% | — | 2026-11-12 00:00 |
| Binance | PNUTUSDT | 0.0028% | 4 h | +6.2% | +6.4% | $2.6M | 2026-11-12 00:00 |
| MEXC | PNUT_USDT | 0.0028% | 4 h | +6.1% | +6.1% | $525.5K | 2026-11-12 00:00 |
| Extended | PNUT-USD | 0.0007% | 1 h | +6.1% | +5.4% | $763 | 2026-11-12 00:00 |
| Gate | PNUT_USDT | 0.0025% | 4 h | +5.5% | +2.2% | $265.8K | 2026-11-12 00:00 |
| Bybit | PNUTUSDT | 0.0017% | 4 h | +3.7% | +0.7% | $1M | 2026-11-12 00:00 |
| Aster | PNUTUSDT | -0.0020% | 4 h | −4.3% | −0.2% | $4.3K | 2026-11-12 00:00 |
| OKX | PNUT-USDT-SWAP | -0.0035% | 4 h | −7.6% | −8.4% | $942.7K | 2026-11-12 00:00 |
| KuCoin | PNUTUSDTM | -0.0099% | 4 h | −21.7% | +0.3% | $379.4K | 2026-11-12 00:00 |
| Crypto.com | PNUTUSD-PERP | -0.0065% | 1 h | −57.0% | −64.4% | $3.7K | 2026-11-12 00:00 |
Borrow PNUT to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 10.02% | $20K |
| Bybit | 17.97% | — |
| Bitget | 20.60% | — |
| Binance | 21.97% | — |
| OKX | 28.06% | — |
Cost to enter $10,000 of PNUT
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Extended | PNUT-USD | 5.3 bp | top of book only |
| BingX | PNUT-USDT | 6.5 bp | top of book only |
| OKX | PNUT-USDT-SWAP | 8.1 bp | top of book only |
| MEXC | PNUT_USDT | 8.2 bp | top of book only |
| BloFin | PNUT-USDT | 9.1 bp | top of book only |
| Variational | PNUT-PERP | 9.2 bp | top of book only |
| Binance | PNUTUSDT | 9.6 bp | top of book only |
| Bybit | PNUTUSDT | 10.1 bp | top of book only |
| Gate | PNUT_USDT | 10.6 bp | top of book only |
| KuCoin | PNUTUSDTM | 10.6 bp | top of book only |
| Bitget | PNUTUSDT | 12.2 bp | top of book only |
| Bybit | PNUTUSDT (spot) | 14.6 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on PNUT
Questions
Is PNUT funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no PNUT pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest PNUT funding rate?
Kraken at +110.8% a year (0.0126% every 1 h); the lowest is Crypto.com at −57.0%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.