Funding you earn now, next payment 12:00 UTC−0.0235%/8h= −25.7% APRnext payment −$1.17 per $10,000 · paid last 24h −0.050%
Price spread now: Variational Omni against OKX−0.645%7-day average −0.172% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+1.030%+$103 · spread now −0.645%, 7d avg −0.172%
=Together, before fees+0.977%+ Points / potential airdropVariational Omni: Active · farm board+$98 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.473% cheaper against OKX than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of −0.172%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.053% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BRETT-USDT-SWAP | 0.005755 | 0.0335 | pay 0.0167% / 4h | 3h 25m | $146K | $414K | 10x |
| Short | Variational Omni BRETT | 0.005718 | 0.0100 | get 0.0050% / 4h | 3h 25m | $42K | $105K | — |
OKX BRETT-USDT-SWAP
Variational Omni BRETTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- −$49.31
- Price spread: −0.645% → −0.172%
- −$47.27
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$106.58
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, 9 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 OKX live order book, 5 min ago | 10.47 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 9 min ago | 11.29 bp | doesn't fit | 119.0 bp −$1,190 | 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 | 0.005728 | −0.469% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +1.460% | $61 | $854 | 5.5x | as long as short |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005742 | −0.226% | $1.2M | $3.0M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005730 | −0.434% | $2.1M | $2.3M | 25x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005730 | −0.434% | $416K | $106K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005743 | −0.209% | $12.1M | $236K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005733 | −0.382% | $277K | $115K | 30x | as long as short |
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005730 | −0.434% | $1.3M | $598K | 50x | as long as short |
| Variational Omni BRETTshort | +0.0100% | 4h | 0.005718 | −0.645% | $42K | $105K | — | |
| BloFin BRETT-USDT | +0.0143% | 4h | 0.005737 | −0.313% | $56K | $203K | 50x | as long as short |
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Binance BRETTUSDT
Bybit BRETTUSDT
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
BloFin BRETT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BRETT | +0.0227% | 1h | 0.005749 | −0.104% | $315K | $296K | 3x | as long as short |
| OKX BRETT-USDT-SWAPlong | +0.0335% | 4h | 0.005755 | long leg | $146K | $414K | 10x | |
| BingX BRETT-USDT | +0.0358% | 4h | 0.005731 | −0.417% | — | $1.4M | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1525% | 1h | 0.005738 | −0.296% | $38K | $105K | 10x | as long as short |
Hyperliquid BRETT
BingX BRETT-USDT
Kraken Futures PF_BRETTUSD