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
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 +$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).
| 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 | 48m 53s | $61 | $854 | 5.5x |
| Short | Hyperliquid BRETT | 0.005856 | 0.0100 | get 0.0013% / 1h | 48m 53s | $308K | $243K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 2.57 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BRETT/USD [ETH-USDC] | L 0.0000% / S 0.0000% | 1h | 0.005842 | +0.051% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERPlong | +0.0033% | 1h | 0.005839 | long leg | $61 | $854 | 5.5x | |
| BloFin BRETT-USDT | +0.0047% | 4h | 0.005852 | +0.223% | $57K | $166K | 50x | as long as short |
| Hyperliquid BRETTshort | +0.0100% | 1h | 0.005856 | +0.291% | $308K | $243K | 3x | |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005861 | +0.384% | $1.2M | $2.4M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005853 | +0.240% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005866 | +0.462% | $132K | $259K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005858 | +0.325% | $437K | $108K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005858 | +0.325% | $12.5M | $207K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005871 | +0.548% | $329K | $74K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005847 | +0.137% | $1.4M | $637K | 50x | as long as short |
| BingX BRETT-USDT | +0.0100% | 4h | 0.005860 | +0.360% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005867 | +0.484% | $59K | $108K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1337% | 1h | 0.005853 | +0.243% | $44K | $70K | 10x | as long as short |
Injective BRETT/USDC PERP
Hyperliquid BRETT
GMX BRETT/USD [ETH-USDC]
BloFin BRETT-USDT
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