# PNUT Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 07:45 UTC, ArbTide tracks PNUT spot and perpetual prices across exchanges. On spot markets, the best route has a -0.04% gross spread, which fees turn into a -0.59% net loss. On perpetual markets, the best route has a 0.11% gross spread, which fees turn into a -0.39% net loss.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Bitget | [PNUT/USDT](https://www.bitget.com/spot/PNUTUSDT) | 0.05312 | 0.05323 | 0.207% | $20.8K | 0.100% |
| Bitstamp | [PNUT/USD](https://www.bitstamp.net/markets/pnut/usd/) | 0.05322 | 0.05326 | 0.075% | $540.3K | 0.400% |
| Bybit | [PNUT/USDT](https://www.bybit.com/en/trade/spot/PNUT/USDT) | 0.05321 | 0.05328 | 0.131% | $471.1K | 0.100% |
| Deepcoin | [PNUT/USDT](https://www.deepcoin.com/en/spot/PNUT-USDT) | 0.0532 | 0.05328 | 0.150% | $85.6K | 0.150% |
| OKX | [PNUT/USDT](https://www.okx.com/trade-spot/pnut-usdt) | 0.05324 | 0.05329 | 0.094% | $317.8K | 0.150% |
| Binance | [PNUT/USDT](https://www.binance.com/en/trade/PNUT_USDT?type=spot) | 0.0532 | 0.0533 | 0.188% | $810.9K | 0.100% |
| Gate | [PNUT/USDT](https://www.gate.com/trade/PNUT_USDT) | 0.05325 | 0.0533 | 0.094% | $26.4K | 0.200% |
| KuCoin | [PNUT/USDT](https://www.kucoin.com/trade/PNUT-USDT) | 0.0532 | 0.0533 | 0.188% | $27.7K | 0.100% |
| MEXC | [PNUT/USDT](https://www.mexc.com/exchange/PNUT_USDT) | 0.05319 | 0.0533 | 0.206% | $60.4K | 0.080% |
| BingX | [PNUT/USDT](https://bingx.com/en/spot/PNUTUSDT) | 0.0532 | 0.0533 | 0.188% | $58.1K | 0.100% |
| Kraken | [PNUT/USD](https://pro.kraken.com/app/trade/pnut-usd) | 0.0531 | 0.0533 | 0.375% | $33.4K | 0.260% |
| BTSE | [PNUT/USD](https://www.btse.com/en/trading/PNUT-USD) | 0.0531 | 0.0533 | 0.375% | $84.5K | 0.020% |
| XT.COM | [PNUT/USDT](https://www.xt.com/en/trade/pnut_usdt) | 0.0532 | 0.0533 | 0.188% | $123.9K | 0.200% |
| DigiFinex | [PNUT/USDT](https://www.digifinex.com/en-ww/trade/USDT/PNUT) | 0.0531 | 0.0533 | 0.375% | $70.5K | 0.200% |
| Crypto.com | [PNUT/USD](https://crypto.com/exchange/trade/PNUT_USD) | 0.05314 | 0.05333 | 0.356% | $2.2K | 0.500% |
| Revolut X | [PNUT/USD](https://exchange.revolut.com/trade/PNUT-USD) | 0.05316 | 0.05334 | 0.337% | $61.8 | 0.090% |
| WhiteBIT | PNUT/USDT | 0.0532 | 0.0534 | 0.375% | $332.8K | 0.100% |
| Toobit | [PNUT/USDT](https://www.toobit.com/en-US/spot/PNUT_USDT) | 0.0531 | 0.0534 | 0.562% | $141.1K | 0.100% |
| BtcTurk | [PNUT/USDT](https://kripto.btcturk.com/pro/al-sat/PNUT_USDT) | 0.0532 | 0.0534 | 0.375% | $32.7K | 0.090% |
| WEEX | [PNUT/USDT](https://www.weex.com/spot/PNUT-USDT) | 0.05339 | 0.05359 | 0.373% | $2.6K | 0.100% |
| HTX | [PNUT/USDT](https://www.htx.com/trade/pnut_usdt) | 0.0531 | 0.0536 | 0.933% | $15K | 0.200% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | WEEX | Gate | OKX | Bitstamp | Bybit | Deepcoin | Binance | KuCoin | BingX | XT.COM | WhiteBIT | BtcTurk | MEXC | Revolut X | Crypto.com | Bitget | Kraken | BTSE | DigiFinex | Toobit | HTX |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Bitget | +0.10% | -0.26% | -0.23% | -0.52% | -0.24% | -0.31% | -0.26% | -0.26% | -0.26% | -0.36% | -0.26% | -0.25% | -0.26% | -0.32% | -0.77% | — | -0.60% | -0.36% | -0.54% | -0.44% | -0.54% |
| Bitstamp | -0.26% | -0.62% | -0.59% | — | -0.59% | -0.66% | -0.61% | -0.61% | -0.61% | -0.71% | -0.61% | -0.60% | -0.61% | -0.68% | -1.13% | -0.76% | -0.96% | -0.72% | -0.90% | -0.80% | -0.90% |
| Bybit | +0.01% | -0.36% | -0.33% | -0.61% | — | -0.40% | -0.35% | -0.35% | -0.35% | -0.45% | -0.35% | -0.34% | -0.35% | -0.42% | -0.86% | -0.50% | -0.70% | -0.46% | -0.64% | -0.54% | -0.64% |
| Deepcoin | -0.04% | -0.41% | -0.38% | -0.66% | -0.38% | — | -0.40% | -0.40% | -0.40% | -0.50% | -0.40% | -0.39% | -0.40% | -0.47% | -0.91% | -0.55% | -0.75% | -0.51% | -0.69% | -0.59% | -0.69% |
| OKX | -0.06% | -0.43% | — | -0.68% | -0.40% | -0.47% | -0.42% | -0.42% | -0.42% | -0.52% | -0.42% | -0.41% | -0.42% | -0.48% | -0.93% | -0.57% | -0.77% | -0.53% | -0.71% | -0.61% | -0.71% |
| Binance | -0.03% | -0.39% | -0.36% | -0.65% | -0.37% | -0.44% | — | -0.39% | -0.39% | -0.49% | -0.39% | -0.38% | -0.39% | -0.45% | -0.90% | -0.54% | -0.74% | -0.50% | -0.68% | -0.58% | -0.68% |
| Gate | -0.13% | — | -0.46% | -0.75% | -0.47% | -0.54% | -0.49% | -0.49% | -0.49% | -0.59% | -0.49% | -0.48% | -0.49% | -0.55% | -1.00% | -0.64% | -0.84% | -0.60% | -0.78% | -0.68% | -0.78% |
| KuCoin | -0.03% | -0.39% | -0.36% | -0.65% | -0.37% | -0.44% | -0.39% | — | -0.39% | -0.49% | -0.39% | -0.38% | -0.39% | -0.45% | -0.90% | -0.54% | -0.74% | -0.50% | -0.68% | -0.58% | -0.68% |
| MEXC | -0.01% | -0.37% | -0.34% | -0.63% | -0.35% | -0.42% | -0.37% | -0.37% | -0.37% | -0.47% | -0.37% | -0.36% | — | -0.43% | -0.88% | -0.52% | -0.72% | -0.48% | -0.66% | -0.56% | -0.66% |
| BingX | -0.03% | -0.39% | -0.36% | -0.65% | -0.37% | -0.44% | -0.39% | -0.39% | — | -0.49% | -0.39% | -0.38% | -0.39% | -0.45% | -0.90% | -0.54% | -0.74% | -0.50% | -0.68% | -0.58% | -0.68% |
| Kraken | -0.19% | -0.55% | -0.52% | -0.81% | -0.53% | -0.60% | -0.55% | -0.55% | -0.55% | -0.65% | -0.55% | -0.54% | -0.55% | -0.61% | -1.06% | -0.70% | — | -0.66% | -0.84% | -0.74% | -0.84% |
| BTSE | +0.05% | -0.31% | -0.28% | -0.57% | -0.29% | -0.36% | -0.31% | -0.31% | -0.31% | -0.41% | -0.31% | -0.30% | -0.31% | -0.37% | -0.82% | -0.46% | -0.66% | — | -0.60% | -0.50% | -0.60% |
| XT.COM | -0.13% | -0.49% | -0.46% | -0.75% | -0.47% | -0.54% | -0.49% | -0.49% | -0.49% | — | -0.49% | -0.48% | -0.49% | -0.55% | -1.00% | -0.64% | -0.84% | -0.60% | -0.78% | -0.68% | -0.78% |
| DigiFinex | -0.13% | -0.49% | -0.46% | -0.75% | -0.47% | -0.54% | -0.49% | -0.49% | -0.49% | -0.59% | -0.49% | -0.48% | -0.49% | -0.55% | -1.00% | -0.64% | -0.84% | -0.60% | — | -0.68% | -0.78% |
| Crypto.com | -0.49% | -0.85% | -0.82% | -1.11% | -0.83% | -0.89% | -0.84% | -0.84% | -0.84% | -0.94% | -0.84% | -0.83% | -0.84% | -0.91% | — | -0.99% | -1.19% | -0.95% | -1.13% | -1.03% | -1.13% |
| Revolut X | -0.10% | -0.46% | -0.43% | -0.71% | -0.43% | -0.50% | -0.45% | -0.45% | -0.45% | -0.55% | -0.45% | -0.44% | -0.45% | — | -0.96% | -0.60% | -0.80% | -0.56% | -0.74% | -0.64% | -0.74% |
| WhiteBIT | -0.22% | -0.58% | -0.55% | -0.84% | -0.56% | -0.62% | -0.57% | -0.57% | -0.57% | -0.67% | — | -0.56% | -0.57% | -0.64% | -1.09% | -0.72% | -0.92% | -0.68% | -0.86% | -0.76% | -0.86% |
| Toobit | -0.22% | -0.58% | -0.55% | -0.84% | -0.56% | -0.62% | -0.57% | -0.57% | -0.57% | -0.67% | -0.57% | -0.56% | -0.57% | -0.64% | -1.09% | -0.72% | -0.92% | -0.68% | -0.86% | — | -0.86% |
| BtcTurk | -0.21% | -0.57% | -0.54% | -0.83% | -0.55% | -0.61% | -0.56% | -0.56% | -0.56% | -0.66% | -0.56% | — | -0.56% | -0.63% | -1.08% | -0.71% | -0.91% | -0.67% | -0.85% | -0.75% | -0.85% |
| WEEX | — | -0.93% | -0.90% | -1.19% | -0.91% | -0.98% | -0.93% | -0.93% | -0.93% | -1.03% | -0.93% | -0.92% | -0.93% | -0.99% | -1.44% | -1.08% | -1.27% | -1.03% | -1.21% | -1.11% | -1.21% |
| HTX | -0.69% | -1.05% | -1.02% | -1.31% | -1.03% | -1.10% | -1.05% | -1.05% | -1.05% | -1.15% | -1.05% | -1.04% | -1.04% | -1.11% | -1.56% | -1.20% | -1.39% | -1.15% | -1.33% | -1.23% | — |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Crypto.com | [PNUT/USD:USD](https://crypto.com/exchange/trade/PNUTUSD-PERP) | 0.05313 | 0.05314 | 0.019% | $1.2K | 0.500% |
| Extended | [PNUT/USDC:USDC](https://app.extended.exchange/perp/PNUT-USD) | 0.053134 | 0.053161 | 0.051% | $152.1K | 0.200% |
| OKX | [PNUT/USDT:USDT](https://www.okx.com/trade-swap/pnut-usdt-swap) | 0.05316 | 0.05317 | 0.019% | $1.5M | 0.050% |
| Deepcoin | [PNUT/USDT:USDT](https://www.deepcoin.com/en/swap/PNUT-USDT) | 0.05316 | 0.05318 | 0.038% | $1.7M | 0.150% |
| Binance | [PNUT/USDT:USDT](https://www.binance.com/en/futures/PNUTUSDT) | 0.05317 | 0.05319 | 0.038% | $3.4M | 0.050% |
| Bybit | [PNUT/USDT:USDT](https://www.bybit.com/trade/usdt/PNUTUSDT) | 0.05316 | 0.05319 | 0.056% | $682.4K | 0.060% |
| MEXC | [PNUT/USDT:USDT](https://www.mexc.com/futures/PNUT_USDT) | 0.05318 | 0.05319 | 0.019% | $273.2K | 0.020% |
| XT.COM | [PNUT/USDT:USDT](https://www.xt.com/en/futures/trade/pnut_usdt) | 0.05317 | 0.05319 | 0.038% | $73.7K | 0.060% |
| Toobit | [PNUT/USDT:USDT](https://www.toobit.com/en-US/futures/PNUT-SWAP-USDT) | 0.05317 | 0.05319 | 0.038% | $468.8K | 0.100% |
| BingX | [PNUT/USDT:USDT](https://bingx.com/en/perpetual/PNUT-USDT) | 0.05315 | 0.0532 | 0.094% | $6.5M | 0.050% |
| WEEX | [PNUT/USDT:USDT](https://www.weex.com/futures/PNUT-USDT) | 0.05319 | 0.0532 | 0.019% | $213.8K | 0.080% |
| Bitget | [PNUT/USDT:USDT](https://www.bitget.com/futures/usdt/PNUTUSDT) | 0.05315 | 0.05321 | 0.113% | $220.9K | 0.060% |
| Aster | [PNUT/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PNUTUSDT) | 0.05313 | 0.05322 | 0.169% | $2.2K | 0.035% |
| Gate | [PNUT/USDT:USDT](https://www.gate.com/futures/USDT/PNUT_USDT) | 0.05322 | 0.05325 | 0.056% | $625.3K | 0.050% |
| KuCoin | [PNUT/USDT:USDT](https://www.kucoin.com/trade/futures/PNUTUSDTM) | 0.05318 | 0.05331 | 0.244% | $86.2K | 0.060% |
| Hyperliquid | [PNUT/USDC:USDC](https://app.hyperliquid.xyz/trade/PNUT) | 0.05322 | 0.05332 | 0.188% | $196.1K | 0.045% |
| WhiteBIT | [PNUT/USDT:USDT](https://whitebit.com/trade/PNUT-PERP?type=futures) | 0.05307 | 0.05334 | 0.506% | $4.7M | 0.055% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | Gate | Hyperliquid | WEEX | MEXC | KuCoin | Binance | XT.COM | Toobit | OKX | Deepcoin | Bybit | BingX | Bitget | Extended | Crypto.com | Aster | WhiteBIT |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Crypto.com | -0.95% | -0.94% | -1.07% | -0.96% | -1.04% | -1.04% | -1.06% | -1.14% | -1.06% | -1.26% | -1.08% | -1.08% | -1.10% | -1.41% | — | -1.09% | -1.24% |
| Extended | -0.39% | -0.38% | -0.51% | -0.40% | -0.48% | -0.48% | -0.50% | -0.58% | -0.50% | -0.70% | -0.52% | -0.52% | -0.54% | — | -1.46% | -0.53% | -0.68% |
| OKX | -0.11% | -0.10% | -0.22% | -0.12% | -0.20% | -0.20% | -0.22% | -0.30% | — | -0.42% | -0.24% | -0.24% | -0.26% | -0.57% | -1.18% | -0.25% | -0.40% |
| Deepcoin | -0.32% | -0.31% | -0.44% | -0.34% | -0.42% | -0.42% | -0.44% | -0.52% | -0.44% | — | -0.46% | -0.46% | -0.48% | -0.79% | -1.39% | -0.46% | -0.62% |
| Binance | -0.14% | -0.13% | -0.26% | -0.16% | -0.24% | — | -0.26% | -0.34% | -0.26% | -0.46% | -0.28% | -0.28% | -0.30% | -0.61% | -1.21% | -0.28% | -0.44% |
| Bybit | -0.16% | -0.15% | -0.28% | -0.18% | -0.26% | -0.26% | -0.28% | -0.36% | -0.28% | -0.48% | — | -0.30% | -0.32% | -0.63% | -1.23% | -0.30% | -0.46% |
| MEXC | -0.08% | -0.07% | -0.20% | — | -0.18% | -0.18% | -0.20% | -0.28% | -0.20% | -0.40% | -0.22% | -0.22% | -0.24% | -0.55% | -1.15% | -0.22% | -0.38% |
| XT.COM | -0.16% | -0.15% | -0.28% | -0.18% | -0.26% | -0.26% | — | -0.36% | -0.28% | -0.48% | -0.30% | -0.30% | -0.32% | -0.63% | -1.23% | -0.30% | -0.46% |
| Toobit | -0.24% | -0.23% | -0.36% | -0.26% | -0.34% | -0.34% | -0.36% | — | -0.36% | -0.56% | -0.38% | -0.38% | -0.40% | -0.71% | -1.31% | -0.38% | -0.54% |
| BingX | -0.16% | -0.15% | -0.28% | -0.18% | -0.26% | -0.26% | -0.28% | -0.36% | -0.28% | -0.48% | -0.30% | — | -0.31% | -0.62% | -1.23% | -0.30% | -0.45% |
| WEEX | -0.22% | -0.21% | — | -0.24% | -0.32% | -0.32% | -0.34% | -0.42% | -0.34% | -0.54% | -0.36% | -0.35% | -0.37% | -0.68% | -1.29% | -0.36% | -0.51% |
| Bitget | -0.20% | -0.19% | -0.32% | -0.22% | -0.30% | -0.30% | -0.32% | -0.40% | -0.31% | -0.51% | -0.33% | -0.33% | — | -0.66% | -1.27% | -0.34% | -0.49% |
| Aster | -0.17% | -0.16% | -0.29% | -0.19% | -0.27% | -0.26% | -0.28% | -0.36% | -0.28% | -0.48% | -0.30% | -0.30% | -0.32% | -0.63% | -1.24% | — | -0.46% |
| Gate | — | -0.25% | -0.37% | -0.27% | -0.35% | -0.35% | -0.37% | -0.45% | -0.37% | -0.57% | -0.39% | -0.39% | -0.41% | -0.72% | -1.33% | -0.40% | -0.55% |
| KuCoin | -0.39% | -0.38% | -0.51% | -0.40% | — | -0.48% | -0.50% | -0.58% | -0.50% | -0.70% | -0.52% | -0.52% | -0.54% | -0.85% | -1.46% | -0.53% | -0.68% |
| Hyperliquid | -0.38% | — | -0.49% | -0.39% | -0.47% | -0.47% | -0.49% | -0.57% | -0.49% | -0.69% | -0.51% | -0.51% | -0.53% | -0.84% | -1.45% | -0.52% | -0.67% |
| WhiteBIT | -0.43% | -0.42% | -0.55% | -0.45% | -0.53% | -0.53% | -0.55% | -0.63% | -0.55% | -0.75% | -0.57% | -0.57% | -0.59% | -0.90% | -1.50% | -0.57% | — |

## 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: Bitget at 0.05323; Perpetual: Crypto.com at 0.05314.

### 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.