PNUT: Extended → Hyperliquid
Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.
Spread
+68%
APR right now
Price gap
+0.113%
between legs
Average spread
+56%
over 24h from our own samples
Over 7 days
+56%
samples: 108
ExtendedLONG
Bid / ask0.056496 / 0.056526
Mark price0.056563
Volume 24h$148.88K
Open interest$6.75K
Rate+0.0013%
APR+11%
Interval / next payout1h / 26m
ExtendedHyperliquidSHORT
Bid / ask0.05659 / 0.05674
Mark price0.05666
Volume 24h$476.94K
Open interest$1.64M
Rate+0.0091%
APR+79%
Interval / next payout1h / 26m
HyperliquidSpread from our samples
spread over the period: from 0% to 108% APR, 108 samples
The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.