Funding you earn now, next payment 06:00 UTC+0.1536%/8h= +168.2% APRpaid last 24h +0.306%
Price spread now: Kraken Futures against MEXC−0.027%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+0.137%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.027% cheaper against MEXC than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$46 a day). At the pace of the last 7 days (+0.137% in total) that is about 33 hours.
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 | MEXC BRETT_USDT | 0.005863 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $12.5M | $209K | 200x |
| Short | Kraken Futures PF_BRETTUSD | 0.005861 | 0.1636 | get 0.0204% / 1h | 44m 58s | $45K | $77K | 10x |
MEXC BRETT_USDT
Kraken Futures PF_BRETTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $322.52
- Price spread: −0.027% → 0.000%
- −$2.66
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $309.87
- Costs to cover
- 0.100%
- Break-even
- 0.3 days
Slippage unknown: MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 4.25 bp | 23.0 bp −$23 | 164.6 bp −$1,646 | 289.1 bp −$28.9K | 309.7 bp −$154.8K |
| 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 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 | 0.005858 | −0.085% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | −0.409% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDT | +0.0082% | 4h | 0.005879 | +0.273% | $44K | $221K | 50x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005867 | +0.068% | $1.2M | $2.7M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005854 | −0.154% | $2.1M | $2.0M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005875 | +0.205% | $152K | $304K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005857 | −0.102% | $423K | $107K | 25x | as long as short |
| MEXC BRETT_USDTlong | +0.0100% | 4h | 0.005863 | long leg | $12.5M | $209K | 200x | |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005879 | +0.273% | $288K | $106K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005860 | −0.051% | $1.4M | $591K | 50x | as long as short |
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
BloFin BRETT-USDT
Binance BRETTUSDT
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
Gate 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 | 0.005867 | +0.068% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005863 | +0.008% | $43K | $105K | — | as long as short |
| Hyperliquid BRETT | +0.0715% | 1h | 0.005872 | +0.154% | $318K | $269K | 3x | as long as short |
| Kraken Futures PF_BRETTUSDshort | +0.1636% | 1h | 0.005861 | −0.027% | $45K | $77K | 10x |
BingX BRETT-USDT
Variational Omni BRETT
Hyperliquid BRETT