Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: BingX against Variational Omni+1.187%7-day average +0.045% · you sell dearer than you buy

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

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)−2.214%−$221 · spread now +1.187%, 7d avg +0.045%

Together, before fees−2.185%+ Points / potential airdropVariational Omni: Active · farm board−$218 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: BingX is 1.142% dearer against Variational Omni than usual: you sell high and buy low, +$114 on $10k if it goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BRETT	0.005814	0.0100	pay 0.0050% / 4h	2h 03m	$43K	$105K	—
Short	BingX BRETT-USDT	0.005883	0.0100	get 0.0050% / 4h	2h 03m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpOrdersPrice spread, now +1.187%Rate

Funding earned: $0
Price spread: +1.187% → +0.045%: $114.22
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $104.22
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 65 min ago; BingX: 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 Variational Omni RFQ quote, 65 min ago	10.11 bp	doesn't fit	144.9 bp −$1,449	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	9.44 bp	41.7 bp −$42	108.6 bp −$1,086	602.0 bp −$60.2K	875.7 bp −$437.9K

BRETT on 13 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	0.005879	+1.118%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	+0.430%	$61	$854	5.5x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005883	+1.187%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005880	+1.135%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005890	+1.307%	$135K	$272K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005873	+1.015%	$435K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005885	+1.221%	$12.6M	$212K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005869	+0.946%	$310K	$87K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005871	+0.981%	$1.4M	$602K	50x	as long as short
BingX BRETT-USDTshort	+0.0100%	4h	0.005883	+1.187%	—	$1.4M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BRETTlong	+0.0100%	4h	0.005814	long leg	$43K	$105K	—
Hyperliquid BRETT	+0.0200%	1h	0.005892	+1.342%	$321K	$253K	3x	as long as short
Kraken Futures PF_BRETTUSD	+0.1519%	1h	0.005880	+1.137%	$44K	$75K	10x	as long as short