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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h −0.035%
Price spread now: GMX against Injective−2.569%7-day average · you buy dearer than you sell
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 feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 2.569% cheaper against Injective than usual: you would sell low and buy high (−$257 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BRETT/USDC PERP0.0058390.0033pay 0.0004% / 1h7m 07s$61$8545.5x
ShortGMX BRETT/USD [ETH-USDC]0.005689L 0.0000% / S 0.0000%get 0.0000% / 1h7m 07s100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
−$7
Price spread: −2.569% → 0.000%
−$256.89
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
−$275.91
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; GMX: 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 Injective no order-book sample
Sell GMX no order-book sample
Injective and 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 exchanges

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]shortL 0.0000% / S 0.0000%1h0.005689−2.569%100x
Injective BRETT/USDC PERPlong+0.0033%1h0.005839long leg$61$8545.5x
BloFin BRETT-USDT+0.0092%4h0.005702−2.346%$55K$198K50xas long as short
Hyperliquid BRETT+0.0100%1h0.005706−2.278%$302K$298K3xas long as short
Binance BRETTUSDT+0.0100%4h0.005705−2.289%$1.2M$2.8M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005693−2.500%$2.1M$2.1M25xas long as short
OKX BRETT-USDT-SWAP+0.0100%4h0.005703−2.329%$140K$414K10xas long as short
Gate BRETT_USDT+0.0100%4h0.005695−2.466%$412K$93K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005704−2.312%$12.1M$219K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005699−2.398%$278K$107K30xas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BRETTUSDT+0.0100%4h0.005694−2.483%$1.3M$477K50xas long as short
BingX BRETT-USDT+0.0100%4h0.005699−2.398%$1.4Mas long as short
Variational Omni BRETT+0.0100%4h0.005683−2.670%$42K$95Kas long as short
Kraken Futures PF_BRETTUSD+0.1269%1h0.005695−2.469%$38K$105K10xas long as short