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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1653%/8h= +181.0% APRnext payment +$2.07 per $10,000 · paid last 24h +0.336%
Price spread now: Kraken Futures against GMX+0.071%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and Kraken Futures is 0.071% dearer against GMX than usual: you sell high and buy low: +$7 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]0.005796L 0.0000% / S 0.0000%get 0.0000% / 1h10m 43s100x
ShortKraken Futures PF_BRETTUSD0.0058000.1653get 0.0207% / 1h10m 43s$40K$91K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$347.16
Price spread: +0.071% → 0.000%
$7.06
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$332.22
Costs to cover
0.220%
Break-even
0.3 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures no order-book sample
GMX and Kraken Futures: 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%1h0.005796long leg100x
Injective BRETT/USDC PERP+0.0033%1h0.005839+0.742%$61$8545.5xas long as short
BloFin BRETT-USDT+0.0047%4h0.005808+0.207%$56K$219K50xas long as short
Hyperliquid BRETT+0.0100%1h0.005816+0.345%$312K$282K3xas long as short
Binance BRETTUSDT+0.0100%4h0.005812+0.275%$1.2M$2.8M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005800+0.069%$2.1M$2.1M25xas long as short
Gate BRETT_USDT+0.0100%4h0.005798+0.035%$420K$114K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005809+0.224%$12.3M$237K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005797+0.017%$283K$112K30xas long as short
Bitget BRETTUSDT+0.0100%4h0.005795−0.017%$1.3M$614K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BRETT+0.0100%4h0.005799+0.060%$43K$105Kas long as short
BingX BRETT-USDT+0.0326%4h0.005805+0.155%$1.4Mas long as short
OKX BRETT-USDT-SWAP+0.0374%4h0.005815+0.328%$145K$354K10xas long as short
Kraken Futures PF_BRETTUSDshort+0.1653%1h0.005800+0.071%$40K$91K10x