Heat your device to 250 degrees/“Less” setting. Melt butter in microwave for 30 seconds. Once melted, add spices and Worcestershire Sauce to butter, then combine everything else in the instapot. Stir gently but thoroughly.
Foodi: Bake for 30 minutes, stirring every 10 minutes*. Let cool for 30 minutes before serving.
Instant Pot: cook on low or less for 30 minutes, stirring halfway*. Let cool for 30 minutes before serving.
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Notes
*Note: Depending on your blend of cereal, freshness of the nuts/pretzels, etc., a few people have noted that they needed an extra 10 minutes of cook time. If so, like, grab a glass of wine and cook it for another 10 minutes. I believe in you.