Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Bybit−0.085%7-day average +0.012% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.595%+$60 · spread now −0.085%, 7d avg +0.012%

Together, before fees+0.595%+ Points / potential airdropVariational Omni: Active · farm board+$60 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.097% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BRETTUSDT	0.005834	0.0100	pay 0.0050% / 4h	2h 49m	$2.1M	$1.8M	25x
Short	Variational Omni BRETT	0.005829	0.0100	get 0.0050% / 4h	2h 49m	$53K	$127K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now −0.085%Rate

Funding earned: $0
Price spread: −0.085% → +0.012%: −$9.71
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$20.71
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 39 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 Bybit live order book, 2 min ago	6.86 bp	39.2 bp −$39	195.1 bp −$1,951	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 39 min ago	11.09 bp	doesn't fit	168.0 bp −$1,680	doesn't fit	doesn't fit

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	0.005838	+0.069%	—	—	100x	as long as short
BloFin BRETT-USDT	+0.0086%	4h	0.005827	−0.120%	$59K	$171K	50x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005848	+0.240%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDTlong	+0.0100%	4h	0.005834	long leg	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005855	+0.360%	$134K	$260K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005834	0.000%	$436K	$108K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005847	+0.223%	$12.5M	$209K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005840	+0.103%	$326K	$76K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005835	+0.017%	$1.4M	$624K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005841	+0.120%	—	$1.4M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETTshort	+0.0100%	4h	0.005829	−0.085%	$53K	$127K	—
Hyperliquid BRETT	+0.0684%	1h	0.005855	+0.360%	$340K	$209K	3x	as long as short
Injective BRETT/USDC PERP	+0.0825%	1h	0.005839	+0.086%	$61	$854	5.5x	as long as short
Kraken Futures PF_BRETTUSD	+0.1052%	1h	0.005856	+0.377%	$44K	$71K	10x	as long as short