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
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 +$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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BRETT/USD [ETH-USDC] | 0.005788 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 45m 04s | — | — | 100x |
| Short | Hyperliquid BRETT | 0.005805 | 0.0208 | get 0.0026% / 1h | 45m 04s | $313K | $289K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 64 min ago | 1.72 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BRETT/USD [ETH-USDC]long | L 0.0000% / S 0.0000% | 1h | 0.005788 | long leg | — | — | 100x | |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.881% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDT | +0.0081% | 4h | 0.005800 | +0.207% | $57K | $205K | 50x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005801 | +0.226% | $1.2M | $3.0M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005789 | +0.017% | $2.1M | $2.3M | 25x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005802 | +0.242% | $420K | $106K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005800 | +0.207% | $12.3M | $234K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005801 | +0.225% | $280K | $116K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005793 | +0.086% | $1.4M | $604K | 50x | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005796 | +0.139% | $43K | $105K | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BRETTshort | +0.0208% | 1h | 0.005805 | +0.294% | $313K | $289K | 3x | |
| BingX BRETT-USDT | +0.0452% | 4h | 0.005798 | +0.173% | — | $1.4M | — | as long as short |
| OKX BRETT-USDT-SWAP | +0.0453% | 4h | 0.005795 | +0.121% | $147K | $416K | 10x | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1510% | 1h | 0.005796 | +0.135% | $39K | $105K | 10x | as long as short |
GMX BRETT/USD [ETH-USDC]
Hyperliquid BRETT
Injective BRETT/USDC PERP
BloFin BRETT-USDT
Binance BRETTUSDT
Bybit BRETTUSDT
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
Variational Omni BRETT
BingX BRETT-USDT
OKX BRETT-USDT-SWAP
Kraken Futures PF_BRETTUSD