PNUT funding rates

PNUT perpetual funding is currently quoted across 5 venues, ranging from -60.2% to +11.4% APR. The most reliable delta-neutral pairing for PNUT right now is long Kraken / short Extended at +52.9% net APR (high risk, ~1.9d to break even).

as of 2026-09-10 08:21 UTC
Best delta-neutral pairing
Long Kraken / Short Extended
+52.9% net APR
Backtested (30d)
+9.8%
Stability
70.4%
Risk
high
Breakeven
~1.9d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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PNUT funding by exchange

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Variational-23.24%
Aster-35.64%
Kraken-60.17%

Frequently asked

What is the PNUT funding rate right now?

PNUT perpetual funding ranges from -60.17% to 11.39% APR across 5 exchanges we track; the widest delta-neutral spread is long Kraken / short Extended at 52.9% net APR.

Which exchange has the highest PNUT funding rate?

Extended currently has the highest at 11.39% APR. See the full ranking above.