BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1220%/8h= −133.6% APRnext payment −$1.52 per $10,000 · paid last 24h −0.339%

Price spread now: GMX against Kraken Futures−0.120%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and GMX is 0.120% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BRETTUSD	0.005808	0.1220	pay 0.0152% / 1h	31m 26s	$40K	$91K	10x
Short	GMX BRETT/USD [ETH-USDC]	0.005801	L 0.0000% / S 0.0000%	get 0.0000% / 1h	31m 26s	—	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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 Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.120%Rate

Funding earned: −$256.19
Price spread: −0.120% → 0.000%: −$11.96
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$290.15
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; GMX: 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Kraken Futures and GMX: 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]short	L 0.0000% / S 0.0000%	1h	0.005801	−0.120%	—	—	100x
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.535%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005816	+0.138%	$1.2M	$2.9M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005806	−0.034%	$2.1M	$2.1M	25x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005807	−0.016%	$420K	$112K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005817	+0.156%	$12.3M	$233K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005825	+0.294%	$277K	$113K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005804	−0.068%	$1.4M	$613K	50x	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005802	−0.094%	$43K	$105K	—	as long as short
BloFin BRETT-USDT	+0.0135%	4h	0.005814	+0.104%	$57K	$208K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid BRETT	+0.0152%	1h	0.005822	+0.242%	$312K	$282K	3x	as long as short
BingX BRETT-USDT	+0.0471%	4h	0.005815	+0.121%	—	$1.4M	—	as long as short
OKX BRETT-USDT-SWAP	+0.0506%	4h	0.005827	+0.328%	$146K	$369K	10x	as long as short
Kraken Futures PF_BRETTUSDlong	+0.1220%	1h	0.005808	long leg	$40K	$91K	10x