PNUT funding rates

PNUT perpetual funding is currently quoted across 6 venues, ranging from -232.4% to +10.9% APR. The most reliable delta-neutral pairing for PNUT right now is long Kraken / short Hyperliquid at +184.1% net APR (high risk, ~0.9d to break even).

as of 2026-06-12 08:06 UTC
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+184.1% net APR
Backtested (30d)
+4.9%
Stability
87.9%
Risk
high
Breakeven
~0.9d

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

Open this trade

PNUT funding by exchange

ExchangeFunding APR
dYdX+10.95%
Variational+10.95%
Aster+10.95%
EdgeX+5.53%
Hyperliquid-24.68%
Kraken-232.37%

Frequently asked

What is the PNUT funding rate right now?

PNUT perpetual funding ranges from -232.37% to 10.95% APR across 6 exchanges we track; the widest delta-neutral spread is long Kraken / short Hyperliquid at 184.1% net APR.

Which exchange has the highest PNUT funding rate?

dYdX currently has the highest at 10.95% APR. See the full ranking above.