BRETT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0349%/8h= −38.2% APRnext payment −$0.44 per $10,000 · paid last 24h −0.064%

Price spread now: GMX against Hyperliquid−0.323%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and GMX is 0.323% cheaper against Hyperliquid than usual: you would sell low and buy high (−$32 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	Hyperliquid BRETT	0.005888	0.0349	pay 0.0044% / 1h	1m 05s	$320K	$270K	3x
Short	GMX BRETT/USD [ETH-USDC]	0.005869	L 0.0000% / S 0.0000%	get 0.0000% / 1h	1m 05s	—	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersPrice spread, now −0.323%Rate

Funding earned: −$73.22
Price spread: −0.323% → 0.000%: −$32.27
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$126.49
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 9 min ago; 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 Hyperliquid live order book, 9 min ago	2.53 bp	38.8 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 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]short	L 0.0000% / S 0.0000%	1h	0.005869	−0.323%	—	—	100x
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.832%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0072%	4h	0.005913	+0.425%	$59K	$222K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005883	−0.087%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005876	−0.204%	$2.1M	$2.0M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005888	0.000%	$150K	$301K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005875	−0.221%	$425K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005881	−0.119%	$12.5M	$210K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005896	+0.136%	$289K	$105K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005874	−0.238%	$1.4M	$584K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BRETT-USDT	+0.0100%	4h	0.005881	−0.119%	—	$1.4M	—	as long as short
Variational Omni BRETT	+0.0100%	4h	0.005875	−0.213%	$43K	$105K	—	as long as short
Hyperliquid BRETTlong	+0.0349%	1h	0.005888	long leg	$320K	$270K	3x
Kraken Futures PF_BRETTUSD	+0.0642%	1h	0.005882	−0.095%	$45K	$77K	10x	as long as short