Funding you earn now, next payment 01:00 UTC−0.0973%/8h= −106.5% APRpaid last 24h −0.218%
Price spread now: BloFin against Kraken Futures−0.180%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.118%+$12 on $10k
+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 −$29 a day on $10k at the current rate, and BloFin is 0.180% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.118% in total (about 6.2% 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 | Kraken Futures PF_BRETTUSD | 0.005926 | 0.1038 | pay 0.0130% / 1h | 24m 54s | $48K | $72K | 10x |
| Short | BloFin BRETT-USDT | 0.005915 | 0.0065 | get 0.0032% / 4h | 3h 24m | $58K | $186K | 50x |
Kraken Futures PF_BRETTUSD
BloFin BRETT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$204.28
- Price spread: −0.180% → 0.000%
- −$18.03
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$244.3
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 39 min ago. 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 BloFin live order book, 39 min ago | 1.70 bp | 30.9 bp −$31 | 118.8 bp −$1,188 | doesn't fit | doesn't fit |
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 | 0.005911 | −0.248% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | −1.463% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTshort | +0.0065% | 4h | 0.005915 | −0.180% | $58K | $186K | 50x | |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005932 | +0.098% | $1.2M | $2.5M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005924 | −0.028% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005921 | −0.079% | $134K | $261K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005912 | −0.231% | $439K | $109K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005929 | +0.056% | $12.7M | $212K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005908 | −0.298% | $314K | $81K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005915 | −0.180% | $1.4M | $639K | 50x | as long as short |
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 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BRETT-USDT | +0.0100% | 4h | 0.005921 | −0.079% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005913 | −0.214% | $50K | $108K | — | as long as short |
| Hyperliquid BRETT | +0.0311% | 1h | 0.005936 | +0.174% | $321K | $253K | 3x | as long as short |
| Kraken Futures PF_BRETTUSDlong | +0.1038% | 1h | 0.005926 | long leg | $48K | $72K | 10x |
BingX BRETT-USDT
Variational Omni BRETT
Hyperliquid BRETT