Funding you earn now, next payment 07:00 UTC−0.1123%/8h= −123.0% APRpaid last 24h −0.306%
Price spread now: Gate against Kraken Futures+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.061% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.137% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% 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 | Kraken Futures PF_BRETTUSD | 0.005791 | 0.1223 | pay 0.0153% / 1h | 53m 59s | $40K | $91K | 10x |
| Short | Gate BRETT_USDT | 0.005795 | 0.0100 | get 0.0050% / 4h | 1h 53m | $420K | $112K | 25x |
Kraken Futures PF_BRETTUSD
Gate BRETT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$235.91
- Price spread: +0.061% → 0.000%
- $6.09
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$254.82
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 52 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 Gate live order book, 52 min ago | 3.41 bp | 525.1 bp −$525 | doesn't fit | 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 | 0.005786 | −0.095% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.821% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDT | +0.0052% | 4h | 0.005840 | +0.838% | $57K | $220K | 50x | as long as short |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005807 | +0.268% | $311K | $283K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005798 | +0.113% | $1.2M | $2.9M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005792 | +0.009% | $2.1M | $2.1M | 25x | as long as short |
| Gate BRETT_USDTshort | +0.0100% | 4h | 0.005795 | +0.061% | $420K | $112K | 25x | |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005795 | +0.061% | $12.3M | $231K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005811 | +0.337% | $283K | $111K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005789 | −0.043% | $1.3M | $610K | 50x | as long as short |
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
BloFin BRETT-USDT
Hyperliquid BRETT
Binance BRETTUSDT
Bybit BRETTUSDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BRETT | +0.0100% | 4h | 0.005816 | +0.423% | $43K | $105K | — | as long as short |
| BingX BRETT-USDT | +0.0382% | 4h | 0.005799 | +0.130% | — | $1.4M | — | as long as short |
| OKX BRETT-USDT-SWAP | +0.0430% | 4h | 0.005809 | +0.303% | $146K | $361K | 10x | as long as short |
| Kraken Futures PF_BRETTUSDlong | +0.1223% | 1h | 0.005791 | long leg | $40K | $91K | 10x |
Variational Omni BRETT
BingX BRETT-USDT
OKX BRETT-USDT-SWAP