PNUT 永续合约资金费率 — 各交易所对比
Peanut the Squirrel
Best Spread
1931.5% APR
Long (Lowest)
Crypto.comShort (Highest)
Coinbase InternationalMark Price
$0.0548
Total OI
$18.0M
24h Volume
$18.4M
PNUT 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
过去一周，PNUT 没有任何多空组合的资金费收入能覆盖开平仓成本。
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+1797.03%
Interval
1h
Open Interest
$325K
Mark Price
$0.0575
+11.40%
Interval
1h
Open Interest
$4K
Mark Price
$0.0547
+10.96%
Interval
4h
Open Interest
$4.7M
Mark Price
$0.0548
+10.96%
Interval
1h
Open Interest
$782K
Mark Price
$0.0547
+10.96%
Interval
4h
Open Interest
$2.9M
Mark Price
$0.0546
+10.96%
Interval
4h
Open Interest
$764K
Mark Price
$0.0548
+10.96%
Interval
4h
Open Interest
$497K
Mark Price
$0.055
+10.96%
Interval
4h
Open Interest
$1.0M
Mark Price
$0.0547
+10.96%
Interval
4h
Open Interest
$975K
Mark Price
$0.0547
+10.96%
Interval
4h
Open Interest
$5K
Mark Price
$0.0548
+10.96%
Interval
4h
Open Interest
$1K
Mark Price
$0.0547
+10.96%
Interval
4h
Open Interest
$195K
Mark Price
$0.0548
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.0547
+10.96%
Interval
4h
Open Interest
$336K
Mark Price
$0.0547
+10.96%
Interval
4h
Open Interest
$24K
Mark Price
$0.0546
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.0547
+10.96%
Interval
1h
Open Interest
$782K
Mark Price
$0.0547
+10.96%
Interval
1h
Open Interest
$782K
Mark Price
$0.0547
+10.85%
Interval
4h
Open Interest
$1.4M
Mark Price
$0.0547
+9.88%
Interval
4h
Open Interest
—
Mark Price
$0.0547
-33.12%
Interval
4h
Open Interest
$2.1M
Mark Price
$0.0546
-42.66%
Interval
4h
Open Interest
$291K
Mark Price
$0.0547
-134.51%
Interval
1h
Open Interest
$10K
Mark Price
$0.0547
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| Coinbase InternationalBest Short | +1797.03% | 1h | $325K | $0.0575 |
 Extended | +11.40% | 1h | $4K | $0.0547 |
 Binance Futures | +10.96% | 4h | $4.7M | $0.0548 |
 Hyperliquid | +10.96% | 1h | $782K | $0.0547 |
 BingX | +10.96% | 4h | $2.9M | $0.0546 |
 Bitget | +10.96% | 4h | $764K | $0.0548 |
 Gate.io | +10.96% | 4h | $497K | $0.055 |
 KuCoin | +10.96% | 4h | $1.0M | $0.0547 |
 MEXC | +10.96% | 4h | $975K | $0.0547 |
 Aster | +10.96% | 4h | $5K | $0.0548 |
 Variational | +10.96% | 4h | $1K | $0.0547 |
 Toobit | +10.96% | 4h | $195K | $0.0548 |
 Bitunix | +10.96% | 4h | — | $0.0547 |
 Hotcoin | +10.96% | 4h | $336K | $0.0547 |
 Pionex | +10.96% | 4h | $24K | $0.0546 |
 LBank | +10.96% | 4h | — | $0.0547 |
 dreamcash | +10.96% | 1h | $782K | $0.0547 |
 Ventuals | +10.96% | 1h | $782K | $0.0547 |
 OKX | +10.85% | 4h | $1.4M | $0.0547 |
 WEEX | +9.88% | 4h | — | $0.0547 |
 Bybit | -33.12% | 4h | $2.1M | $0.0546 |
 BloFin | -42.66% | 4h | $291K | $0.0547 |
| Crypto.comBest Long | -134.51% | 1h | $10K | $0.0547 |
PNUT 资金费率的含义
资金费率数据更新于 2026-09-30 16:35 UTC
ORBIT 按交易所实时汇总 PNUT（Peanut the Squirrel） 永续合约在 23 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 PNUT 的年化资金费率从 Crypto.com 的 -134.51% 到 Coinbase International 的 +1797.03% 不等。
PNUT 当前最大的跨所资金费率价差为年化 1931.5%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Crypto.com 做多，在费率最高的 Coinbase International 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
PNUT 在所跟踪的永续品种中持仓量排名第 299，各交易所合计持仓量 $18.0M，24 小时成交量 $18.4M，成交量加权标记价格 $0.0548。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 PNUT 资金费率最高？
- Coinbase International，年化 +1797.03%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，PNUT 应在哪家交易所做多？
- Crypto.com 的 PNUT 资金费率最低，为年化 -134.51%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- PNUT 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Crypto.com 做多 / Coinbase International 做空，扣除成本前约为年化 1931.5%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- PNUT 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- PNUT 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -134.51% 到 +1797.03%——正是这种分歧创造了跨所套利机会。