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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.071%
Price spread now: Hyperliquid against GMX+0.294%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 4 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 +$6 a day on $10k at the current rate, and Hyperliquid is 0.294% dearer against GMX than usual: you sell high and buy low: +$29 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]0.005788L 0.0000% / S 0.0000%get 0.0000% / 1h45m 04s100x
ShortHyperliquid BRETT0.0058050.0208get 0.0026% / 1h45m 04s$313K$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
$43.77
Price spread: +0.294% → 0.000%
$29.37
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$52.14
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 64 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, 64 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%1h0.005788long leg100x
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.881%$61$8545.5xas long as short
BloFin BRETT-USDT+0.0081%4h0.005800+0.207%$57K$205K50xas long as short
Binance BRETTUSDT+0.0100%4h0.005801+0.226%$1.2M$3.0M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005789+0.017%$2.1M$2.3M25xas long as short
Gate BRETT_USDT+0.0100%4h0.005802+0.242%$420K$106K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005800+0.207%$12.3M$234K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005801+0.225%$280K$116K30xas long as short
Bitget BRETTUSDT+0.0100%4h0.005793+0.086%$1.4M$604K50xas long as short
Variational Omni BRETT+0.0100%4h0.005796+0.139%$43K$105Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid BRETTshort+0.0208%1h0.005805+0.294%$313K$289K3x
BingX BRETT-USDT+0.0452%4h0.005798+0.173%$1.4Mas long as short
OKX BRETT-USDT-SWAP+0.0453%4h0.005795+0.121%$147K$416K10xas long as short
Kraken Futures PF_BRETTUSD+0.1510%1h0.005796+0.135%$39K$105K10xas long as short