Settings8H · net · $10k
Funding arb · Price arb /

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0269%/8h= +29.5% APRnext payment +$0.34 per $10,000 · paid last 24h +0.069%
Price spread now: Hyperliquid against GMX+0.602%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.602% dearer against GMX than usual: you sell high and buy low: +$60 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BRETT/USD [ETH-USDC]0.005812L 0.0000% / S 0.0000%get 0.0000% / 1h14m 43s100x
ShortHyperliquid BRETT0.0058470.0269get 0.0034% / 1h14m 43s$316K$289K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. 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

Funding earned
$56.59
Price spread: +0.602% → 0.000%
$60.22
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$95.81
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 35 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Hyperliquid live order book, 35 min ago1.72 bp34.4 bp −$34doesn't fitdoesn't fitdoesn't fit
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BRETT/USD [ETH-USDC]longL 0.0000% / S 0.0000%1h0.005812long leg100x
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.465%$61$8545.5xas long as short
Binance BRETTUSDT+0.0100%4h0.005839+0.467%$1.2M$3.0M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005822+0.172%$2.2M$2.3M25xas long as short
Gate BRETT_USDT+0.0100%4h0.005818+0.103%$422K$111K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005838+0.447%$12.3M$236K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005822+0.172%$280K$118K30xas long as short
Bitget BRETTUSDT+0.0100%4h0.005819+0.120%$1.4M$608K50xas long as short
Variational Omni BRETT+0.0100%4h0.005803−0.162%$43K$105Kas long as short
BloFin BRETT-USDT+0.0153%4h0.005837+0.430%$57K$207K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid BRETTshort+0.0269%1h0.005847+0.602%$316K$289K3x
BingX BRETT-USDT+0.0594%4h0.005823+0.189%$1.4Mas long as short
OKX BRETT-USDT-SWAP+0.0619%4h0.005840+0.482%$149K$408K10xas long as short
Kraken Futures PF_BRETTUSD+0.1296%1h0.005826+0.241%$39K$105K10xas long as short