ArbiLayer

PNUT arbitrage

live

Live Peanut the Squirrel price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.10%Binance → Hyperliquid · Perp–Perp
Best perp–perp spread+0.06%Binance → Hyperliquid
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.23%$0.0498 – $0.05

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$0.0499Hyperliquid logoHyperliquid$0.0499 +0.06%-0.10% +0.06%— +0.029%— LS Chart →
Bitget logoBitget$0.0499Hyperliquid logoHyperliquid$0.0499 +0.06%-0.10% +0.08%— +0.118%— LS Chart →
MEXC logoMEXC$0.0499Hyperliquid logoHyperliquid$0.0499 +0.06%-0.10% +0.06%— +0.030%— LS Chart →
Gate logoGate$0.0499Hyperliquid logoHyperliquid$0.0499 +0.04%-0.12% +0.04%— +0.007%— LS Chart →
Binance logoBinance$0.0499Bybit logoBybit$0.0499 +0.02%-0.14% +0.00%— -0.111%— LS Chart →
Bitget logoBitget$0.0499Bybit logoBybit$0.0499 +0.02%-0.14% +0.02%— -0.023%— LS Chart →
MEXC logoMEXC$0.0499Bybit logoBybit$0.0499 +0.02%-0.14% +0.00%— -0.110%— LS Chart →
Bybit logoBybit$0.0499Hyperliquid logoHyperliquid$0.0499 +0.02%-0.14% +0.04%— +0.140%— LS Chart →
OKX logoOKX$0.0499Hyperliquid logoHyperliquid$0.0499 +0.02%-0.14% +0.03%— +0.055%— LS Chart →
KuCoin logoKuCoin$0.0499Hyperliquid logoHyperliquid$0.0499 +0.02%-0.14% +0.02%— +0.008%— LS Chart →
Binance logoBinance$0.0499Gate logoGate$0.0499 0.00%-0.16% +0.00%— +0.022%— LS Chart →
Binance logoBinance$0.0499OKX logoOKX$0.0499 0.00%-0.16% -0.00%— -0.025%— LS Chart →
Bitget logoBitget$0.0499Gate logoGate$0.0499 0.00%-0.16% +0.02%— +0.110%— LS Chart →
Bitget logoBitget$0.0499OKX logoOKX$0.0499 0.00%-0.16% +0.01%— +0.063%— LS Chart →
MEXC logoMEXC$0.0499Gate logoGate$0.0499 0.00%-0.16% +0.00%— +0.023%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

PNUT price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · PNUT-USDT-SWAPPerpetual $0.0499$0.0499$0.0499-0.01% -0.025%$1.85M
Gate logoGatePerpetual · PNUT_USDTPerpetual $0.0499$0.0499$0.0499-0.02% +0.023%$1.46M
Bybit logoBybitPerpetual · PNUTUSDTPerpetual $0.0499$0.0499$0.04990.00% -0.110%$738.1K
Bitget logoBitgetPerpetual · PNUTUSDTPerpetual $0.0499$0.0499$0.0499-0.05% -0.088%$514.9K
Bybit logoBybitSpot · PNUTUSDTSpot $0.0499$0.05$0.0499+0.12% —$449.4K
OKX logoOKXSpot · PNUT-USDTSpot $0.0499$0.05$0.05+0.15% —$440.3K
Hyperliquid logoHyperliquidPerpetual · PNUTPerpetual $0.0499$0.05$0.05+0.15% +0.030%$237.7K
MEXC logoMEXCPerpetual · PNUT_USDTPerpetual $0.0499$0.0499$0.0499-0.04% 0.000%$206.9K
KuCoin logoKuCoinSpot · PNUT-USDTSpot $0.0499$0.05$0.05+0.13% —$195.2K
KuCoin logoKuCoinPerpetual · PNUTUSDTMPerpetual $0.0498$0.0499$0.0499-0.04% +0.022%$138.0K
Bitget logoBitgetSpot · PNUTUSDTSpot $0.0499$0.0499$0.0499+0.04% —$32.8K
Gate logoGateSpot · PNUT_USDTSpot $0.0499$0.05$0.0499+0.10% —$32.1K
Variational logoVariationalPerpetual · PNUTPerpetual $0.0498$0.0499$0.0498-0.08% -0.165%$6.4K
Binance logoBinancePerpetual · PNUTUSDTPerpetual $0.0499$0.0499$0.0499-0.04% +0.001%—
Aster logoAsterPerpetual · PNUTUSDTPerpetual $0.0498$0.0499$0.0499-0.01% -0.081%—
Binance logoBinanceSpot · PNUTUSDTSpot $0.0499$0.05$0.05+0.13% ——
MEXC logoMEXCSpot · PNUTUSDTSpot $0.0499$0.05$0.0499+0.10% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PNUT arbitrage explained

Right now Peanut the Squirrel (PNUT) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $0.0499 and the highest bid on OKX spot at $0.0499.

The widest PNUT perpetual spread is between Binance and Hyperliquid: long PNUT on Binance at $0.0499 and short on Hyperliquid at $0.0499 for +0.06% gross, or -0.10% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.029% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best PNUT route is to buy spot on Bitget and short the perpetual on Hyperliquid: -0.08% gross, -0.28% net, with +0.030% a day of funding on the short leg.

Spot–spot PNUT arbitrage (buy on Bitget, withdraw, deposit and sell on OKX) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small PNUT gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: PNUT funding rates · PNUT spread charts · Peanut the Squirrel price · arbitrage scanner for all coins.

Is there a PNUT arbitrage opportunity right now?

The best PNUT route right now is to buy on Binance → sell on Hyperliquid (Perp–Perp): +0.06% gross and -0.10% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest PNUT?

Bitget (perp) has the lowest PNUT ask at $0.0499, and OKX (spot) the highest bid at $0.0499. Prices update every 15 seconds on this page.

How many exchanges list PNUT?

ArbiLayer tracks 17 PNUT markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage PNUT without transferring coins?

Use two perpetual contracts: go long PNUT on the cheaper exchange (Binance now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

CRO +19.09%FLYBRAIN +7.33%BDX +7.06%ONE +6.73%ESPORTS +6.05%OPENAI +4.92%SPCX +3.69%ANTHROPIC +3.47%H100 +3.40%BEN +3.37%AI +3.31%ZIL +3.20%CATE +3.02%OURA +2.95%PENGSTOCK +2.27%STAMP +2.11%EGLD +2.01%APPSTOCK +1.96%