BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.060%

Price spread now: GMX against Hyperliquid−0.327%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GMX is 0.327% cheaper against Hyperliquid than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BRETT	0.005813	0.0100	pay 0.0013% / 1h	55m 26s	$316K	$255K	3x
Short	GMX BRETT/USD [ETH-USDC]	0.005794	L 0.0000% / S 0.0000%	get 0.0000% / 1h	55m 26s	—	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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 HyperliquidbpFee GMXbpOrdersPrice spread, now −0.327%Rate

Funding earned: −$21
Price spread: −0.327% → 0.000%: −$32.69
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$74.69
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 54 min ago; GMX: 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 Hyperliquid live order book, 54 min ago	0.85 bp	41.6 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BRETT/USD [ETH-USDC]short	L 0.0000% / S 0.0000%	1h	0.005794	−0.327%	—	—	100x
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.447%	$61	$854	5.5x	as long as short
Hyperliquid BRETTlong	+0.0100%	1h	0.005813	long leg	$316K	$255K	3x
Binance BRETTUSDT	+0.0100%	4h	0.005806	−0.120%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005803	−0.172%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005814	+0.017%	$133K	$271K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005806	−0.120%	$431K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005806	−0.120%	$12.4M	$208K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005820	+0.120%	$312K	$88K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005797	−0.275%	$1.4M	$637K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005803	−0.172%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005795	−0.308%	$43K	$114K	—	as long as short
BloFin BRETT-USDT	+0.0101%	4h	0.005856	+0.740%	$59K	$182K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1539%	1h	0.005802	−0.186%	$44K	$76K	10x	as long as short