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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.030%
Price spread now: Hyperliquid against MEXC+0.069%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1061.055% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.069%, 7d avg +0.066%
Together, before fees−0.012%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BRETT_USDT0.0058220.0100pay 0.0050% / 4h1h 43m$12.4M$208K200x
ShortHyperliquid BRETT0.0058260.0100get 0.0013% / 1h43m 59s$311K$238K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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
$0
Price spread: +0.069% → +0.066%
$0.26
Slippage, 4 orders
−$96.51
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$105.24
Costs to cover
1.055%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Hyperliquid: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago3.45 bp18.0 bp −$18150.2 bp −$1,502288.2 bp −$28.8K306.0 bp −$153.0K
Sell Hyperliquid live order book, 26 min ago1.72 bp32.9 bp −$33doesn't fitdoesn't fitdoesn't fit

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]L 0.0000% / S 0.0000%1h0.005798−0.412%100xas long as short
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.292%$61$8545.5xas long as short
Hyperliquid BRETTshort+0.0100%1h0.005826+0.069%$311K$238K3x
Binance BRETTUSDT+0.0100%4h0.005826+0.069%$1.2M$2.4M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005812−0.172%$2.1M$1.8M25xas long as short
OKX BRETT-USDT-SWAP+0.0100%4h0.005820−0.034%$131K$256K10xas long as short
Gate BRETT_USDT+0.0100%4h0.005809−0.223%$434K$108K25xas long as short
MEXC BRETT_USDTlong+0.0100%4h0.005822long leg$12.4M$208K200x
KuCoin BRETTUSDTM+0.0100%4h0.005807−0.258%$327K$73K30xas long as short
Bitget BRETTUSDT+0.0100%4h0.005807−0.258%$1.4M$622K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BRETT-USDT+0.0100%4h0.005816−0.103%$1.4Mas long as short
Variational Omni BRETT+0.0100%4h0.005789−0.559%$52K$102Kas long as short
BloFin BRETT-USDT+0.0104%4h0.005813−0.155%$57K$164K50xas long as short
Kraken Futures PF_BRETTUSD+0.1397%1h0.005808−0.241%$44K$70K10xas long as short