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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1656%/8h= +181.3% APRnext payment +$2.07 per $10,000 · paid last 24h +0.336%
Price spread now: Kraken Futures against GMX+0.133%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and Kraken Futures is 0.133% dearer against GMX than usual: you sell high and buy low: +$13 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]0.005784L 0.0000% / S 0.0000%get 0.0000% / 1h13m 42s100x
ShortKraken Futures PF_BRETTUSD0.0057920.1656get 0.0207% / 1h13m 42s$40K$91K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$347.66
Price spread: +0.133% → 0.000%
$13.25
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$338.91
Costs to cover
0.220%
Break-even
0.2 days
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BRETT/USD [ETH-USDC]longL 0.0000% / S 0.0000%1h0.005784long leg100x
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.951%$61$8545.5xas long as short
BloFin BRETT-USDT+0.0095%4h0.005767−0.294%$56K$218K50xas long as short
Hyperliquid BRETT+0.0100%1h0.005805+0.363%$312K$282K3xas long as short
Binance BRETTUSDT+0.0100%4h0.005802+0.311%$1.2M$2.8M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005791+0.121%$2.1M$2.1M25xas long as short
Gate BRETT_USDT+0.0100%4h0.005776−0.138%$418K$114K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005801+0.294%$12.3M$237K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005786+0.035%$282K$112K30xas long as short
Bitget BRETTUSDT+0.0100%4h0.005780−0.069%$1.3M$614K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BRETT+0.0100%4h0.005762−0.388%$42K$105Kas long as short
BingX BRETT-USDT+0.0256%4h0.005790+0.104%$1.4Mas long as short
OKX BRETT-USDT-SWAP+0.0327%4h0.005799+0.259%$145K$354K10xas long as short
Kraken Futures PF_BRETTUSDshort+0.1656%1h0.005792+0.133%$40K$91K10x