ArbTide

PNUT Arbitrage: Live Price Spreads Across Exchanges

Live

As of 2026-10-03 06:10 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 -0.61% net loss. On perpetual markets, the best route has a 0.14% gross spread, which fees turn into a -0.35% net loss.

PNUT spot prices by exchange

BuyBitstamp@ 0.05357SellOKX@ 0.05354Net spread -0.61% after 0.55% feesTransfer cost unknown.
  • HTX
    0.0537
    Bid
    Market
    PNUT/USDT
    Ask
    0.0541
    Book spread
    0.739%
    24h volume
    $17.3K
    Taker fee
    0.200%

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

  • Gate
    0.05355
    Bid
    Market
    PNUT/USDT
    Ask
    0.05365
    Book spread
    0.186%
    24h volume
    $25.9K
    Taker fee
    0.200%

  • OKX
    0.05354
    Bid
    Market
    PNUT/USDT
    Ask
    0.05358
    Book spread
    0.075%
    24h volume
    $317.8K
    Taker fee
    0.150%

  • Bitstamp
    0.05353
    Bid
    Market
    PNUT/USD
    Ask
    0.05357
    Book spread
    0.075%
    24h volume
    $532.9K
    Taker fee
    0.400%

  • Bybit
    0.05353
    Bid
    Market
    PNUT/USDT
    Ask
    0.05359
    Book spread
    0.112%
    24h volume
    $474.4K
    Taker fee
    0.100%

  • Deepcoin
    0.05353
    Bid
    Market
    PNUT/USDT
    Ask
    0.05359
    Book spread
    0.112%
    24h volume
    $79.7K
    Taker fee
    0.150%

  • Binance
    0.0535
    Bid
    Market
    PNUT/USDT
    Ask
    0.0536
    Book spread
    0.187%
    24h volume
    $815.2K
    Taker fee
    0.100%

  • KuCoin
    0.0535
    Bid
    Market
    PNUT/USDT
    Ask
    0.0536
    Book spread
    0.187%
    24h volume
    $28K
    Taker fee
    0.100%

  • BingX
    0.0535
    Bid
    Market
    PNUT/USDT
    Ask
    0.0536
    Book spread
    0.187%
    24h volume
    $58.3K
    Taker fee
    0.100%

  • Kraken
    0.0535
    Bid
    Market
    PNUT/USD
    Ask
    0.0536
    Book spread
    0.187%
    24h volume
    $32.7K
    Taker fee
    0.260%

  • BTSE
    0.0535
    Bid
    Market
    PNUT/USD
    Ask
    0.0536
    Book spread
    0.187%
    24h volume
    $81K
    Taker fee
    0.020%

  • XT.COM
    0.0535
    Bid
    Market
    PNUT/USDT
    Ask
    0.0536
    Book spread
    0.187%
    24h volume
    $122.9K
    Taker fee
    0.200%

  • Toobit
    0.0535
    Bid
    Market
    PNUT/USDT
    Ask
    0.0536
    Book spread
    0.187%
    24h volume
    $142.2K
    Taker fee
    0.100%

  • BtcTurk
    0.0535
    Bid
    Market
    PNUT/USDT
    Ask
    0.0537
    Book spread
    0.372%
    24h volume
    $32.7K
    Taker fee
    0.090%

  • DigiFinex
    0.0535
    Bid
    Market
    PNUT/USDT
    Ask
    0.0537
    Book spread
    0.372%
    24h volume
    $71K
    Taker fee
    0.200%

  • WhiteBIT
    0.0535
    Bid
    Market
    PNUT/USDT
    Ask
    0.0538
    Book spread
    0.558%
    24h volume
    $333.2K
    Taker fee
    0.100%

  • Revolut X
    0.05349
    Bid
    Market
    PNUT/USD
    Ask
    0.05364
    Book spread
    0.280%
    24h volume
    $62.2
    Taker fee
    0.090%

  • MEXC
    0.05347
    Bid
    Market
    PNUT/USDT
    Ask
    0.0536
    Book spread
    0.243%
    24h volume
    $60.2K
    Taker fee
    0.080%

  • Bitget
    0.05346
    Bid
    Market
    PNUT/USDT
    Ask
    0.05358
    Book spread
    0.224%
    24h volume
    $21.2K
    Taker fee
    0.100%

  • Crypto.com
    0.05345
    Bid
    Market
    PNUT/USD
    Ask
    0.05364
    Book spread
    0.354%
    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 →HTXWEEXGateOKXBitstampBybitDeepcoinBinanceKuCoinBingXKrakenBTSEXT.COMToobitBtcTurkDigiFinexWhiteBITRevolut XMEXCBitgetCrypto.com
Bitstampask 0.05357-0.36-0.46-0.64-0.61Same exchange-0.57-0.62-0.63-0.63-0.63-0.79-0.55-0.73-0.63-0.62-0.73-0.63-0.64-0.67-0.71-1.12
OKXask 0.05358-0.13-0.23-0.41Same exchange-0.64-0.34-0.39-0.40-0.40-0.40-0.56-0.32-0.50-0.40-0.39-0.50-0.40-0.41-0.44-0.47-0.89
Bitgetask 0.05358-0.08-0.18-0.36-0.32-0.59-0.29-0.34-0.35-0.35-0.35-0.51-0.27-0.45-0.35-0.34-0.45-0.35-0.36-0.39Same exchange-0.84
Bybitask 0.05359-0.09-0.20-0.37-0.34-0.61Same exchange-0.36-0.37-0.37-0.37-0.53-0.29-0.47-0.37-0.36-0.47-0.37-0.38-0.40-0.44-0.86
Deepcoinask 0.05359-0.14-0.25-0.42-0.39-0.66-0.36Same exchange-0.42-0.42-0.42-0.58-0.34-0.52-0.42-0.41-0.52-0.42-0.43-0.45-0.49-0.91
Binanceask 0.0536-0.11-0.22-0.39-0.36-0.63-0.33-0.38Same exchange-0.39-0.39-0.55-0.31-0.49-0.39-0.38-0.49-0.39-0.40-0.42-0.46-0.88
KuCoinask 0.0536-0.11-0.22-0.39-0.36-0.63-0.33-0.38-0.39Same exchange-0.39-0.55-0.31-0.49-0.39-0.38-0.49-0.39-0.40-0.42-0.46-0.88
MEXCask 0.0536-0.09-0.20-0.37-0.34-0.61-0.31-0.36-0.37-0.37-0.37-0.53-0.29-0.47-0.37-0.36-0.47-0.37-0.38Same exchange-0.44-0.86
BingXask 0.0536-0.11-0.22-0.39-0.36-0.63-0.33-0.38-0.39-0.39Same exchange-0.55-0.31-0.49-0.39-0.38-0.49-0.39-0.40-0.42-0.46-0.88
Krakenask 0.0536-0.27-0.38-0.55-0.52-0.79-0.49-0.54-0.55-0.55-0.55Same exchange-0.47-0.65-0.55-0.54-0.65-0.55-0.56-0.58-0.62-1.04
BTSEask 0.0536-0.03-0.14-0.31-0.28-0.55-0.25-0.30-0.31-0.31-0.31-0.47Same exchange-0.41-0.31-0.30-0.41-0.31-0.32-0.34-0.38-0.80
XT.COMask 0.0536-0.21-0.32-0.49-0.46-0.73-0.43-0.48-0.49-0.49-0.49-0.65-0.41Same exchange-0.49-0.48-0.59-0.49-0.50-0.52-0.56-0.98
Toobitask 0.0536-0.11-0.22-0.39-0.36-0.63-0.33-0.38-0.39-0.39-0.39-0.55-0.31-0.49Same exchange-0.38-0.49-0.39-0.40-0.42-0.46-0.88
Crypto.comask 0.05364-0.59-0.69-0.87-0.84-1.11-0.81-0.86-0.86-0.86-0.86-1.02-0.78-0.96-0.86-0.85-0.96-0.86-0.87-0.90-0.94Same exchange
Revolut Xask 0.05364-0.18-0.28-0.46-0.43-0.70-0.40-0.45-0.45-0.45-0.45-0.61-0.37-0.55-0.45-0.44-0.55-0.45Same exchange-0.49-0.53-0.94
Gateask 0.05365-0.31-0.41Same exchange-0.56-0.82-0.52-0.57-0.58-0.58-0.58-0.74-0.50-0.68-0.58-0.57-0.68-0.58-0.59-0.62-0.65-1.07
BtcTurkask 0.0537-0.29-0.39-0.57-0.54-0.81-0.51-0.56-0.56-0.56-0.56-0.72-0.48-0.66-0.56Same exchange-0.66-0.56-0.57-0.60-0.64-1.06
DigiFinexask 0.0537-0.40-0.50-0.68-0.65-0.92-0.62-0.67-0.67-0.67-0.67-0.83-0.59-0.77-0.67-0.66Same exchange-0.67-0.68-0.71-0.75-1.17
WhiteBITask 0.0538-0.49-0.59-0.76-0.73-1.00-0.70-0.75-0.76-0.76-0.76-0.92-0.68-0.86-0.76-0.75-0.86Same exchange-0.77-0.79-0.83-1.25
WEEXask 0.05389-0.65Same exchange-0.93-0.90-1.17-0.87-0.92-0.92-0.92-0.92-1.08-0.84-1.02-0.92-0.91-1.02-0.92-0.93-0.96-1.00-1.42
HTXask 0.0541Same exchange-1.24-1.42-1.39-1.65-1.35-1.40-1.41-1.41-1.41-1.57-1.33-1.51-1.41-1.40-1.51-1.41-1.42-1.44-1.48-1.90

PNUT perpetual prices by exchange

BuyExtended@ 0.053526SellHyperliquid@ 0.0536Net spread -0.35% after 0.49% fees
  • KuCoin
    0.0536
    Bid
    Ask
    0.05367
    Book spread
    0.130%
    24h volume
    $87.2K
    Taker fee
    0.060%

  • Hyperliquid
    0.0536
    Bid
    Ask
    0.05371
    Book spread
    0.205%
    24h volume
    $177.7K
    Taker fee
    0.045%

  • Gate
    0.05356
    Bid
    Ask
    0.0536
    Book spread
    0.075%
    24h volume
    $634.5K
    Taker fee
    0.050%

  • WEEX
    0.05355
    Bid
    Ask
    0.05356
    Book spread
    0.019%
    24h volume
    $221.7K
    Taker fee
    0.080%

  • Binance
    0.05353
    Bid
    Ask
    0.05354
    Book spread
    0.019%
    24h volume
    $3.5M
    Taker fee
    0.050%

  • MEXC
    0.05353
    Bid
    Ask
    0.05354
    Book spread
    0.019%
    24h volume
    $276.3K
    Taker fee
    0.020%

  • Toobit
    0.05352
    Bid
    Ask
    0.05354
    Book spread
    0.037%
    24h volume
    $480.6K
    Taker fee
    0.100%

  • Deepcoin
    0.05352
    Bid
    Ask
    0.05354
    Book spread
    0.037%
    24h volume
    $1.6M
    Taker fee
    0.150%

  • XT.COM
    0.05352
    Bid
    Ask
    0.05355
    Book spread
    0.056%
    24h volume
    $75.1K
    Taker fee
    0.060%

  • Bitget
    0.05352
    Bid
    Ask
    0.05357
    Book spread
    0.093%
    24h volume
    $211.7K
    Taker fee
    0.060%

  • OKX
    0.05351
    Bid
    Ask
    0.05354
    Book spread
    0.056%
    24h volume
    $1.5M
    Taker fee
    0.050%

  • BingX
    0.05351
    Bid
    Ask
    0.05356
    Book spread
    0.093%
    24h volume
    $6.6M
    Taker fee
    0.050%

  • Extended
    0.053491
    Bid
    Ask
    0.053526
    Book spread
    0.065%
    24h volume
    $160.4K
    Taker fee
    0.200%

  • Crypto.com
    0.05349
    Bid
    Ask
    0.0535
    Book spread
    0.019%
    24h volume
    $1.2K
    Taker fee
    0.500%

  • Bybit
    0.05349
    Bid
    Ask
    0.05353
    Book spread
    0.075%
    24h volume
    $689.6K
    Taker fee
    0.060%

  • Aster
    0.05348
    Bid
    Ask
    0.05359
    Book spread
    0.205%
    24h volume
    $2.2K
    Taker fee
    0.035%

  • WhiteBIT
    0.05337
    Bid
    Ask
    0.05364
    Book spread
    0.503%
    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 →KuCoinHyperliquidGateWEEXBinanceMEXCToobitDeepcoinXT.COMBitgetOKXBingXExtendedCrypto.comBybitAsterWhiteBIT
Crypto.comask 0.0535-0.93-0.90-0.99-1.07-1.04-0.98-1.16-1.26-1.08-1.08-1.08-1.08-1.42Same exchange-1.14-1.11-1.35
Extendedask 0.053526-0.38-0.35-0.44-0.52-0.49-0.43-0.61-0.71-0.53-0.53-0.53-0.53Same exchange-1.47-0.59-0.56-0.80
Bybitask 0.05353-0.11-0.08-0.16-0.24-0.22-0.16-0.34-0.44-0.26-0.26-0.26-0.26-0.59-1.19Same exchange-0.28-0.53
Binanceask 0.05354-0.11-0.08-0.16-0.24Same exchange-0.16-0.34-0.44-0.26-0.26-0.26-0.26-0.59-1.19-0.31-0.28-0.53
OKXask 0.05354-0.11-0.08-0.16-0.24-0.22-0.16-0.34-0.44-0.26-0.26Same exchange-0.26-0.59-1.19-0.31-0.28-0.53
MEXCask 0.05354-0.05-0.02-0.10-0.18-0.16Same exchange-0.28-0.38-0.20-0.20-0.20-0.20-0.53-1.13-0.25-0.22-0.47
Toobitask 0.05354-0.21-0.18-0.26-0.34-0.32-0.26Same exchange-0.54-0.36-0.36-0.36-0.36-0.69-1.29-0.41-0.38-0.63
Deepcoinask 0.05354-0.31-0.28-0.36-0.44-0.42-0.36-0.54Same exchange-0.46-0.46-0.46-0.46-0.79-1.39-0.51-0.48-0.73
XT.COMask 0.05355-0.15-0.12-0.20-0.28-0.26-0.20-0.38-0.48Same exchange-0.30-0.29-0.29-0.63-1.23-0.35-0.32-0.57
BingXask 0.05356-0.15-0.12-0.20-0.28-0.26-0.20-0.37-0.47-0.29-0.29-0.29Same exchange-0.63-1.23-0.35-0.32-0.56
WEEXask 0.05356-0.21-0.18-0.26Same exchange-0.32-0.26-0.43-0.53-0.35-0.35-0.35-0.35-0.69-1.29-0.41-0.38-0.62
Bitgetask 0.05357-0.18-0.15-0.24-0.32-0.29-0.23-0.41-0.51-0.33Same exchange-0.33-0.33-0.67-1.27-0.39-0.36-0.60
Asterask 0.05359-0.17-0.14-0.23-0.30-0.28-0.22-0.40-0.50-0.32-0.32-0.32-0.32-0.65-1.26-0.38Same exchange-0.59
Gateask 0.0536-0.22-0.19Same exchange-0.35-0.33-0.27-0.45-0.55-0.37-0.37-0.37-0.37-0.70-1.31-0.43-0.39-0.64
WhiteBITask 0.05364-0.30-0.27-0.36-0.44-0.42-0.36-0.53-0.63-0.45-0.45-0.45-0.45-0.79-1.39-0.51-0.48Same exchange
KuCoinask 0.05367Same exchange-0.34-0.42-0.50-0.48-0.42-0.60-0.70-0.52-0.52-0.52-0.52-0.85-1.46-0.58-0.54-0.79
Hyperliquidask 0.05371-0.41Same exchange-0.47-0.55-0.53-0.47-0.64-0.74-0.56-0.56-0.56-0.56-0.90-1.50-0.62-0.59-0.83

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 0.05357; Perpetual: Crypto.com at 0.0535.
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.