BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1303%/8h= −142.7% APRnext payment −$1.63 per $10,000 · paid last 24h −0.235%

Price spread now: Injective against Kraken Futures−0.319%63s7-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 Injective

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

Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and Injective is 0.319% cheaper against Kraken Futures than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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	Kraken Futures PF_BRETTUSD	0.005858	0.1336	pay 0.0167% / 1h	43m 57s	$44K	$70K	10x
Short	Injective BRETT/USDC PERP	0.005839	0.0033	get 0.0004% / 1h	43m 57s	$61	$854	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.319%Rate

Funding earned: −$273.64
Price spread: −0.319% → 0.000%: −$31.88
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$315.54
Costs to cover: 0.100%
Break-even: never at this rate

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

Kraken Futures and Injective: 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	0.005845	−0.216%	—	—	100x	as long as short
Injective BRETT/USDC PERPshort	+0.0033%	1h	0.005839	−0.319%	$61	$854	5.5x
BloFin BRETT-USDT	+0.0096%	4h	0.005876	+0.313%	$57K	$167K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005865	+0.125%	$309K	$243K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005855	−0.046%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005852	−0.097%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005868	+0.176%	$132K	$259K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005855	−0.046%	$437K	$108K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005857	−0.012%	$12.5M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005870	+0.210%	$329K	$74K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BRETTUSDT	+0.0100%	4h	0.005851	−0.114%	$1.4M	$638K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005856	−0.029%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005858	+0.010%	$59K	$108K	—	as long as short
Kraken Futures PF_BRETTUSDlong	+0.1336%	1h	0.005858	long leg	$44K	$70K	10x