ArbTide

PNUT Arbitrage: Live Price Spreads Across Exchanges

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Delayed price feeds

Left out of spreads until they recover, so their opportunities are missing: CEX.IO 46 s

Status of every feed

As of 2026-10-03 06:07 UTC, ArbTide tracks PNUT spot and perpetual prices across exchanges. On spot markets, the best route has a -0.06% gross spread, which fees turn into a -0.56% net loss. On perpetual markets, the best route has a 0.15% gross spread, which fees turn into a -0.35% net loss.

PNUT spot prices by exchange

BuyBitstamp@ 0.05366SellBybit@ 0.05363Net spread -0.56% after 0.50% feesTransfer cost unknown.
  • HTX
    0.0537
    Bid
    Market
    PNUT/USDT
    Ask
    0.0543
    Book spread
    1.105%
    24h volume
    $17.3K
    Taker fee
    0.200%

  • Gate
    0.05365
    Bid
    Market
    PNUT/USDT
    Ask
    0.05373
    Book spread
    0.149%
    24h volume
    $25.9K
    Taker fee
    0.200%

  • OKX
    0.05363
    Bid
    Market
    PNUT/USDT
    Ask
    0.05367
    Book spread
    0.075%
    24h volume
    $317.8K
    Taker fee
    0.150%

  • Bybit
    0.05363
    Bid
    Market
    PNUT/USDT
    Ask
    0.05369
    Book spread
    0.112%
    24h volume
    $475.2K
    Taker fee
    0.100%

  • Bitstamp
    0.05361
    Bid
    Market
    PNUT/USD
    Ask
    0.05366
    Book spread
    0.093%
    24h volume
    $532.9K
    Taker fee
    0.400%

  • Deepcoin
    0.05361
    Bid
    Market
    PNUT/USDT
    Ask
    0.05368
    Book spread
    0.130%
    24h volume
    $79.6K
    Taker fee
    0.150%

  • Binance
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.0537
    Book spread
    0.186%
    24h volume
    $815.3K
    Taker fee
    0.100%

  • KuCoin
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.0537
    Book spread
    0.186%
    24h volume
    $28K
    Taker fee
    0.100%

  • BingX
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.0537
    Book spread
    0.186%
    24h volume
    $58.2K
    Taker fee
    0.100%

  • Kraken
    0.0536
    Bid
    Market
    PNUT/USD
    Ask
    0.0537
    Book spread
    0.186%
    24h volume
    $32.7K
    Taker fee
    0.260%

  • BTSE
    0.0536
    Bid
    Market
    PNUT/USD
    Ask
    0.0537
    Book spread
    0.186%
    24h volume
    $80.4K
    Taker fee
    0.020%

  • XT.COM
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.0537
    Book spread
    0.186%
    24h volume
    $122.9K
    Taker fee
    0.200%

  • DigiFinex
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.0537
    Book spread
    0.186%
    24h volume
    $71K
    Taker fee
    0.200%

  • MEXC
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.05371
    Book spread
    0.205%
    24h volume
    $60.2K
    Taker fee
    0.080%

  • WhiteBIT
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.0538
    Book spread
    0.372%
    24h volume
    $333.1K
    Taker fee
    0.100%

  • Toobit
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.0538
    Book spread
    0.372%
    24h volume
    $142.1K
    Taker fee
    0.100%

  • BtcTurk
    0.0536
    Bid
    Market
    PNUT/USDT
    Ask
    0.0538
    Book spread
    0.372%
    24h volume
    $33K
    Taker fee
    0.090%

  • WEEX
    0.05359
    Bid
    Market
    PNUT/USDT
    Ask
    0.05389
    Book spread
    0.557%
    24h volume
    $2.6K
    Taker fee
    0.100%

  • Revolut X
    0.05358
    Bid
    Market
    PNUT/USD
    Ask
    0.05371
    Book spread
    0.242%
    24h volume
    $415
    Taker fee
    0.090%

  • Bitget
    0.05357
    Bid
    Market
    PNUT/USDT
    Ask
    0.05367
    Book spread
    0.186%
    24h volume
    $21.2K
    Taker fee
    0.100%

  • Crypto.com
    0.05355
    Bid
    Market
    PNUT/USD
    Ask
    0.05381
    Book spread
    0.483%
    24h volume
    $2.2K
    Taker fee
    0.500%

Showing 21 of 21

Net spread for every exchange pair

Each cell buys PNUT at one exchange’s ask and sells at another’s bid, less taker fees on every fill. Cheapest asks are at the top, richest bids on the left, so profitable pairs gather in the top-left corner.

Loses after feesProfits after feesFigures are the net spread in % after taker fees on every fill; steps at 0.1%, 0.25%, 0.5%, 1%.
PNUT net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →HTXGateOKXBybitBitstampDeepcoinBinanceKuCoinBingXKrakenBTSEXT.COMDigiFinexMEXCWhiteBITToobitBtcTurkWEEXRevolut XBitgetCrypto.com
Bitstampask 0.05366-0.53-0.62-0.61-0.56Same exchange-0.64-0.61-0.61-0.61-0.77-0.53-0.71-0.71-0.59-0.61-0.61-0.60-0.63-0.64-0.67-1.10
OKXask 0.05367-0.29-0.39Same exchange-0.32-0.66-0.41-0.38-0.38-0.38-0.54-0.30-0.48-0.48-0.36-0.38-0.38-0.37-0.40-0.41-0.44-0.87
Bitgetask 0.05367-0.24-0.34-0.32-0.27-0.61-0.36-0.33-0.33-0.33-0.49-0.25-0.43-0.43-0.31-0.33-0.33-0.32-0.35-0.36Same exchange-0.82
Deepcoinask 0.05368-0.31-0.41-0.39-0.34-0.68Same exchange-0.40-0.40-0.40-0.56-0.32-0.50-0.50-0.38-0.40-0.40-0.39-0.42-0.43-0.45-0.89
Bybitask 0.05369-0.28-0.37-0.36Same exchange-0.65-0.40-0.37-0.37-0.37-0.53-0.29-0.47-0.47-0.35-0.37-0.37-0.36-0.39-0.39-0.42-0.86
Binanceask 0.0537-0.30-0.39-0.38-0.33-0.67-0.42Same exchange-0.39-0.39-0.55-0.31-0.49-0.49-0.37-0.39-0.39-0.38-0.40-0.41-0.44-0.88
KuCoinask 0.0537-0.30-0.39-0.38-0.33-0.67-0.42-0.39Same exchange-0.39-0.55-0.31-0.49-0.49-0.37-0.39-0.39-0.38-0.40-0.41-0.44-0.88
BingXask 0.0537-0.30-0.39-0.38-0.33-0.67-0.42-0.39-0.39Same exchange-0.55-0.31-0.49-0.49-0.37-0.39-0.39-0.38-0.40-0.41-0.44-0.88
Krakenask 0.0537-0.46-0.55-0.54-0.49-0.83-0.58-0.55-0.55-0.55Same exchange-0.47-0.65-0.65-0.53-0.55-0.55-0.54-0.56-0.57-0.60-1.04
BTSEask 0.0537-0.22-0.31-0.30-0.25-0.59-0.34-0.31-0.31-0.31-0.47Same exchange-0.41-0.41-0.29-0.31-0.31-0.30-0.32-0.33-0.36-0.80
XT.COMask 0.0537-0.40-0.49-0.48-0.43-0.77-0.52-0.49-0.49-0.49-0.65-0.41Same exchange-0.59-0.47-0.49-0.49-0.48-0.50-0.51-0.54-0.98
DigiFinexask 0.0537-0.40-0.49-0.48-0.43-0.77-0.52-0.49-0.49-0.49-0.65-0.41-0.59Same exchange-0.47-0.49-0.49-0.48-0.50-0.51-0.54-0.98
MEXCask 0.05371-0.30-0.39-0.38-0.33-0.67-0.42-0.38-0.38-0.38-0.54-0.30-0.48-0.48Same exchange-0.38-0.38-0.37-0.40-0.41-0.44-0.88
Revolut Xask 0.05371-0.31-0.40-0.39-0.34-0.68-0.43-0.39-0.39-0.39-0.55-0.31-0.49-0.49-0.37-0.39-0.39-0.38-0.41Same exchange-0.45-0.89
Gateask 0.05373-0.46Same exchange-0.54-0.49-0.82-0.57-0.54-0.54-0.54-0.70-0.46-0.64-0.64-0.52-0.54-0.54-0.53-0.56-0.57-0.60-1.04
WhiteBITask 0.0538-0.49-0.58-0.57-0.52-0.85-0.60-0.57-0.57-0.57-0.73-0.49-0.67-0.67-0.55Same exchange-0.57-0.56-0.59-0.60-0.63-1.06
Toobitask 0.0538-0.49-0.58-0.57-0.52-0.85-0.60-0.57-0.57-0.57-0.73-0.49-0.67-0.67-0.55-0.57Same exchange-0.56-0.59-0.60-0.63-1.06
BtcTurkask 0.0538-0.48-0.57-0.56-0.51-0.84-0.59-0.56-0.56-0.56-0.72-0.48-0.66-0.66-0.54-0.56-0.56Same exchange-0.58-0.59-0.62-1.05
Crypto.comask 0.05381-0.90-1.00-0.98-0.93-1.27-1.02-0.99-0.99-0.99-1.15-0.91-1.09-1.09-0.97-0.99-0.99-0.98-1.01-1.02-1.05Same exchange
WEEXask 0.05389-0.65-0.75-0.73-0.68-1.02-0.77-0.74-0.74-0.74-0.90-0.66-0.84-0.84-0.72-0.74-0.74-0.73Same exchange-0.77-0.79-1.23
HTXask 0.0543Same exchange-1.60-1.58-1.53-1.87-1.62-1.59-1.59-1.59-1.75-1.51-1.69-1.69-1.57-1.59-1.59-1.58-1.61-1.62-1.64-2.08

PNUT perpetual prices by exchange

BuyExtended@ 0.053608SellGate@ 0.05369Net spread -0.35% after 0.50% fees
  • Gate
    0.05369
    Bid
    Ask
    0.0537
    Book spread
    0.019%
    24h volume
    $634K
    Taker fee
    0.050%

  • Hyperliquid
    0.05369
    Bid
    Ask
    0.05382
    Book spread
    0.242%
    24h volume
    $177.6K
    Taker fee
    0.045%

  • KuCoin
    0.05365
    Bid
    Ask
    0.05381
    Book spread
    0.297%
    24h volume
    $87.2K
    Taker fee
    0.060%

  • WEEX
    0.05363
    Bid
    Ask
    0.05364
    Book spread
    0.019%
    24h volume
    $221.6K
    Taker fee
    0.080%

  • Bitget
    0.05362
    Bid
    Ask
    0.05367
    Book spread
    0.093%
    24h volume
    $211.6K
    Taker fee
    0.060%

  • OKX
    0.05361
    Bid
    Ask
    0.05363
    Book spread
    0.037%
    24h volume
    $1.5M
    Taker fee
    0.050%

  • Binance
    0.05361
    Bid
    Ask
    0.05365
    Book spread
    0.075%
    24h volume
    $3.5M
    Taker fee
    0.050%

  • MEXC
    0.05361
    Bid
    Ask
    0.05365
    Book spread
    0.075%
    24h volume
    $276.1K
    Taker fee
    0.020%

  • XT.COM
    0.05361
    Bid
    Ask
    0.05365
    Book spread
    0.075%
    24h volume
    $75.1K
    Taker fee
    0.060%

  • Toobit
    0.05361
    Bid
    Ask
    0.05365
    Book spread
    0.075%
    24h volume
    $481.3K
    Taker fee
    0.100%

  • BingX
    0.0536
    Bid
    Ask
    0.05364
    Book spread
    0.075%
    24h volume
    $6.5M
    Taker fee
    0.050%

  • Deepcoin
    0.0536
    Bid
    Ask
    0.05364
    Book spread
    0.075%
    24h volume
    $1.6M
    Taker fee
    0.150%

  • Extended
    0.053581
    Bid
    Ask
    0.053608
    Book spread
    0.050%
    24h volume
    $160.4K
    Taker fee
    0.200%

  • Bybit
    0.05358
    Bid
    Ask
    0.05362
    Book spread
    0.075%
    24h volume
    $689.8K
    Taker fee
    0.060%

  • Aster
    0.05358
    Bid
    Ask
    0.05368
    Book spread
    0.186%
    24h volume
    $2.2K
    Taker fee
    0.035%

  • Crypto.com
    0.05357
    Bid
    Ask
    0.0536
    Book spread
    0.056%
    24h volume
    $1.2K
    Taker fee
    0.500%

  • WhiteBIT
    0.05347
    Bid
    Ask
    0.05374
    Book spread
    0.502%
    24h volume
    $4.8M
    Taker fee
    0.055%

Showing 17 of 17

Net spread for every exchange pair

Each cell buys PNUT at one exchange’s ask and sells at another’s bid, less taker fees on every fill. Cheapest asks are at the top, richest bids on the left, so profitable pairs gather in the top-left corner.

Loses after feesProfits after feesFigures are the net spread in % after taker fees on every fill; steps at 0.1%, 0.25%, 0.5%, 1%.
PNUT net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →GateHyperliquidKuCoinWEEXBitgetOKXBinanceMEXCXT.COMToobitBingXDeepcoinExtendedBybitAsterCrypto.comWhiteBIT
Crypto.comask 0.0536-0.93-0.92-1.03-1.10-1.08-1.08-1.08-1.02-1.10-1.18-1.10-1.30-1.44-1.16-1.11Same exchange-1.35
Extendedask 0.053608-0.35-0.34-0.44-0.52-0.50-0.50-0.50-0.44-0.52-0.60-0.51-0.71Same exchange-0.57-0.52-1.47-0.77
Bybitask 0.05362-0.09-0.08-0.18-0.26-0.24-0.24-0.24-0.18-0.26-0.34-0.26-0.46-0.59Same exchange-0.26-1.21-0.51
OKXask 0.05363-0.09-0.08-0.18-0.26-0.24Same exchange-0.24-0.18-0.26-0.34-0.26-0.46-0.59-0.31-0.26-1.21-0.51
BingXask 0.05364-0.11-0.10-0.20-0.28-0.26-0.26-0.26-0.20-0.28-0.36Same exchange-0.47-0.61-0.33-0.28-1.23-0.53
WEEXask 0.05364-0.17-0.16-0.26Same exchange-0.32-0.32-0.32-0.26-0.34-0.42-0.33-0.53-0.67-0.39-0.34-1.29-0.59
Deepcoinask 0.05364-0.31-0.30-0.40-0.48-0.46-0.46-0.46-0.40-0.48-0.56-0.47Same exchange-0.81-0.53-0.48-1.43-0.73
Binanceask 0.05365-0.13-0.12-0.22-0.30-0.28-0.27Same exchange-0.21-0.29-0.37-0.29-0.49-0.63-0.35-0.30-1.25-0.55
MEXCask 0.05365-0.07-0.06-0.16-0.24-0.22-0.21-0.21Same exchange-0.23-0.31-0.23-0.43-0.57-0.29-0.24-1.19-0.49
XT.COMask 0.05365-0.15-0.14-0.24-0.32-0.30-0.29-0.29-0.23Same exchange-0.39-0.31-0.51-0.65-0.37-0.32-1.27-0.57
Toobitask 0.05365-0.23-0.22-0.32-0.40-0.38-0.37-0.37-0.31-0.39Same exchange-0.39-0.59-0.73-0.45-0.40-1.35-0.65
Bitgetask 0.05367-0.18-0.17-0.28-0.35Same exchange-0.33-0.33-0.27-0.35-0.43-0.35-0.55-0.69-0.41-0.36-1.31-0.60
Asterask 0.05368-0.15-0.14-0.25-0.32-0.30-0.30-0.30-0.24-0.32-0.40-0.32-0.52-0.65-0.38Same exchange-1.27-0.57
Gateask 0.0537Same exchange-0.21-0.31-0.39-0.37-0.37-0.37-0.31-0.39-0.47-0.39-0.59-0.72-0.44-0.39-1.34-0.64
WhiteBITask 0.05374-0.30-0.29-0.40-0.47-0.45-0.45-0.45-0.39-0.47-0.55-0.47-0.67-0.81-0.53-0.48-1.43Same exchange
KuCoinask 0.05381-0.44-0.43Same exchange-0.61-0.59-0.59-0.59-0.53-0.61-0.69-0.61-0.81-0.95-0.67-0.62-1.57-0.86
Hyperliquidask 0.05382-0.43Same exchange-0.53-0.60-0.58-0.58-0.58-0.52-0.60-0.68-0.60-0.80-0.93-0.66-0.61-1.55-0.85

Holding perpetual positions? Compare PNUT funding rates across exchanges.

Frequently asked questions

Is there a PNUT arbitrage opportunity right now?
No. The best PNUT routes do not cover taker fees at the moment.
Which exchange has the cheapest PNUT?
Lowest ask price: Spot: Bitstamp at 0.05366; Perpetual: Crypto.com at 0.0536.
How is the net spread calculated?
Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.

How the net spread is calculated

New to this? Read what crypto arbitrage is.