BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.025%

Price spread now: Hyperliquid against Injective+0.137%73s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Hyperliquid

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.137% dearer against Injective than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 73 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	Injective BRETT/USDC PERP	0.005839	0.0033	pay 0.0004% / 1h	11m 48s	$61	$854	5.5x
Short	Hyperliquid BRETT	0.005847	0.0100	get 0.0013% / 1h	11m 48s	$309K	$249K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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 InjectivebpFee HyperliquidbpOrdersPrice spread, now +0.137%Rate

Funding earned: $14
Price spread: +0.137% → 0.000%: $13.7
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $18.68
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 48 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 48 min ago	2.57 bp	39.7 bp −$40	doesn't fit	doesn't fit	doesn't fit

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	0.005832	−0.120%	—	—	100x	as long as short
Injective BRETT/USDC PERPlong	+0.0033%	1h	0.005839	long leg	$61	$854	5.5x
Hyperliquid BRETTshort	+0.0100%	1h	0.005847	+0.137%	$309K	$249K	3x
Binance BRETTUSDT	+0.0100%	4h	0.005842	+0.044%	$1.2M	$2.5M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005833	−0.103%	$2.1M	$1.8M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005842	+0.051%	$132K	$258K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005831	−0.137%	$436K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005841	+0.034%	$12.5M	$210K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005835	−0.069%	$313K	$79K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005823	−0.274%	$1.4M	$641K	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	0.005838	−0.017%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005835	−0.066%	$59K	$108K	—	as long as short
BloFin BRETT-USDT	+0.0121%	4h	0.005833	−0.103%	$57K	$176K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1343%	1h	0.005830	−0.153%	$44K	$70K	10x	as long as short