Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Variational Omni−0.251%7-day average −0.014% · you buy dearer than you sell

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

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.251%, 7d avg −0.014%

Together, before fees−0.011%+ Points / potential airdropVariational Omni: Active · farm board−$1 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: Bybit is 0.236% cheaper against Variational Omni than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BRETT	0.005969	0.0100	pay 0.0050% / 4h	3h 32m	$44K	$105K	—
Short	Bybit BRETTUSDT	0.005954	0.0100	get 0.0050% / 4h	3h 32m	$2.2M	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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 Variational OmnibpFee BybitbpOrdersPrice spread, now −0.251%Rate

Funding earned: $0
Price spread: −0.251% → −0.014%: −$23.63
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$34.63
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 21 min ago; Bybit: live order book, 4 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 Variational Omni RFQ quote, 21 min ago	9.23 bp	doesn't fit	133.4 bp −$1,334	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	6.70 bp	26.2 bp −$26	138.2 bp −$1,382	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	0.005950	−0.318%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−2.177%	$61	$854	5.5x	as long as short
BloFin BRETT-USDT	+0.0098%	4h	0.005975	+0.101%	$59K	$211K	50x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005973	+0.068%	$323K	$268K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005966	−0.046%	$1.2M	$2.7M	50x	as long as short
Bybit BRETTUSDTshort	+0.0100%	4h	0.005954	−0.251%	$2.2M	$1.9M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005972	+0.051%	$152K	$297K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005957	−0.200%	$431K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005966	−0.050%	$12.7M	$207K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005964	−0.083%	$293K	$104K	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	0.005959	−0.167%	$1.4M	$579K	50x	as long as short
BingX BRETT-USDT	+0.0100%	4h	0.005966	−0.050%	—	$1.4M	—	as long as short
Variational Omni BRETTlong	+0.0100%	4h	0.005969	long leg	$44K	$105K	—
Kraken Futures PF_BRETTUSD	+0.0633%	1h	0.005968	−0.018%	$46K	$77K	10x	as long as short