Funding you earn now, next payment 02:00 UTC+0.1433%/8h= +156.9% APRpaid last 24h +0.233%
Price spread now: Kraken Futures against BingX+0.199%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and Kraken Futures is 0.199% dearer against BingX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BRETT-USDT | 0.005813 | 0.0100 | pay 0.0050% / 4h | 2h 19m | — | $1.4M | — |
| Short | Kraken Futures PF_BRETTUSD | 0.005825 | 0.1533 | get 0.0192% / 1h | 19m 28s | $44K | $75K | 10x |
BingX BRETT-USDT
Kraken Futures PF_BRETTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $300.98
- Price spread: +0.199% → 0.000%
- $19.89
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $300.88
- Costs to cover
- 0.200%
- Break-even
- 0.0 days
Slippage unknown: BingX: live order book, 7 min ago; 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 BingX live order book, 7 min ago | 1.71 bp | 49.5 bp −$50 | 147.4 bp −$1,474 | 650.5 bp −$65.0K | 886.7 bp −$443.3K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 13 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 | 0.005812 | −0.017% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.447% | $61 | $854 | 5.5x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005837 | +0.413% | $1.2M | $2.6M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005817 | +0.069% | $2.1M | $1.9M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005828 | +0.258% | $134K | $270K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005829 | +0.275% | $432K | $109K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005832 | +0.327% | $12.4M | $210K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005827 | +0.241% | $308K | $89K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005821 | +0.138% | $1.4M | $612K | 50x | as long as short |
| BingX BRETT-USDTlong | +0.0100% | 4h | 0.005813 | long leg | — | $1.4M | — |
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Binance BRETTUSDT
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BRETT | +0.0100% | 4h | 0.005832 | +0.325% | $43K | $105K | — | as long as short |
| Hyperliquid BRETT | +0.0112% | 1h | 0.005841 | +0.482% | $316K | $255K | 3x | as long as short |
| Kraken Futures PF_BRETTUSDshort | +0.1533% | 1h | 0.005825 | +0.199% | $44K | $75K | 10x |
Variational Omni BRETT
Hyperliquid BRETT