BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1186%/8h= +129.8% APRnext payment +$1.48 per $10,000 · paid last 24h +0.304%

Price spread now: Kraken Futures against Injective−0.462%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.462% cheaper against Injective than usual: you would sell low and buy high (spread −0.462% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 31 hours of funding at the current rate (+$36 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BRETT/USDC PERP	0.005839	0.0033	pay 0.0004% / 1h	33m 58s	$61	$854	5.5x
Short	Kraken Futures PF_BRETTUSD	0.005812	0.1219	get 0.0152% / 1h	33m 58s	$40K	$91K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −0.462%Rate

Funding earned: $249.01
Price spread: −0.462% → 0.000%: −$46.23
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $192.75
Costs to cover: 0.100%
Break-even: 1.6 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Injective and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BRETT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BRETT/USD [ETH-USDC]	L 0.0000% / S 0.0000%	1h	0.005803	−0.617%	—	—	100x	as long as short
Injective BRETT/USDC PERPlong	+0.0033%	1h	0.005839	long leg	$61	$854	5.5x
Binance BRETTUSDT	+0.0100%	4h	0.005821	−0.308%	$1.2M	$2.9M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005805	−0.582%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005810	−0.497%	$420K	$112K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005817	−0.377%	$12.3M	$233K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005832	−0.120%	$277K	$113K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005807	−0.548%	$1.4M	$613K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005802	−0.625%	$43K	$105K	—	as long as short
Hyperliquid BRETT	+0.0118%	1h	0.005828	−0.188%	$312K	$281K	3x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BRETT-USDT	+0.0123%	4h	0.005833	−0.103%	$57K	$209K	50x	as long as short
BingX BRETT-USDT	+0.0466%	4h	0.005811	−0.480%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0498%	4h	0.005818	−0.360%	$146K	$369K	10x	as long as short
Kraken Futures PF_BRETTUSDshort	+0.1219%	1h	0.005812	−0.462%	$40K	$91K	10x