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

BRETT

all BRETT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.025%
Price spread now: Hyperliquid against Injective+0.291%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 +$2 a day on $10k at the current rate, and Hyperliquid is 0.291% dearer against Injective 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
LongInjective BRETT/USDC PERP0.0058390.0033pay 0.0004% / 1h48m 53s$61$8545.5x
ShortHyperliquid BRETT0.0058560.0100get 0.0013% / 1h48m 53s$308K$243K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$14
Price spread: +0.291% → 0.000%
$29.11
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$34.09
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 11 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 Injective no order-book sample
Sell Hyperliquid live order book, 11 min ago2.57 bp39.7 bp −$40doesn't fitdoesn't fitdoesn't fit
Injective: 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]L 0.0000% / S 0.0000%1h0.005842+0.051%100xas long as short
Injective BRETT/USDC PERPlong+0.0033%1h0.005839long leg$61$8545.5x
BloFin BRETT-USDT+0.0047%4h0.005852+0.223%$57K$166K50xas long as short
Hyperliquid BRETTshort+0.0100%1h0.005856+0.291%$308K$243K3x
Binance BRETTUSDT+0.0100%4h0.005861+0.384%$1.2M$2.4M50xas long as short
Bybit BRETTUSDT+0.0100%4h0.005853+0.240%$2.1M$1.8M25xas long as short
OKX BRETT-USDT-SWAP+0.0100%4h0.005866+0.462%$132K$259K10xas long as short
Gate BRETT_USDT+0.0100%4h0.005858+0.325%$437K$108K25xas long as short
MEXC BRETT_USDT+0.0100%4h0.005858+0.325%$12.5M$207K200xas long as short
KuCoin BRETTUSDTM+0.0100%4h0.005871+0.548%$329K$74K30xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BRETTUSDT+0.0100%4h0.005847+0.137%$1.4M$637K50xas long as short
BingX BRETT-USDT+0.0100%4h0.005860+0.360%$1.4Mas long as short
Variational Omni BRETT+0.0100%4h0.005867+0.484%$59K$108Kas long as short
Kraken Futures PF_BRETTUSD+0.1337%1h0.005853+0.243%$44K$70K10xas long as short