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
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—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BRETT/USDC PERP | 0.005839 | 0.0033 | pay 0.0004% / 1h | 7m 07s | $61 | $854 | 5.5x |
| Short | GMX BRETT/USD [ETH-USDC] | 0.005689 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 7m 07s | — | — | 100x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BRETT/USD [ETH-USDC]short | L 0.0000% / S 0.0000% | 1h | 0.005689 | −2.569% | — | — | 100x | |
| Injective BRETT/USDC PERPlong | +0.0033% | 1h | 0.005839 | long leg | $61 | $854 | 5.5x | |
| BloFin BRETT-USDT | +0.0092% | 4h | 0.005702 | −2.346% | $55K | $198K | 50x | as long as short |
| Hyperliquid BRETT | +0.0100% | 1h | 0.005706 | −2.278% | $302K | $298K | 3x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005705 | −2.289% | $1.2M | $2.8M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005693 | −2.500% | $2.1M | $2.1M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005703 | −2.329% | $140K | $414K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005695 | −2.466% | $412K | $93K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005704 | −2.312% | $12.1M | $219K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005699 | −2.398% | $278K | $107K | 30x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005694 | −2.483% | $1.3M | $477K | 50x | as long as short |
| BingX BRETT-USDT | +0.0100% | 4h | 0.005699 | −2.398% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005683 | −2.670% | $42K | $95K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1269% | 1h | 0.005695 | −2.469% | $38K | $105K | 10x | as long as short |
Injective BRETT/USDC PERP
GMX BRETT/USD [ETH-USDC]
BloFin BRETT-USDT
Hyperliquid BRETT
Binance BRETTUSDT
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
BingX BRETT-USDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD