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 0.000%

Price spread now: Variational Omni against KuCoin−0.097%7-day average −0.036% · you buy dearer than you sell

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.011%−$1 on $10k

Price spread, last 4 days (all we have)+0.459%+$46 · spread now −0.097%, 7d avg −0.036%

Together, before fees+0.448%+ Points / potential airdropVariational Omni: Active · farm board+$45 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 0.061% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BRETTUSDTM	0.005848	0.0100	pay 0.0050% / 4h	1h 30m	$309K	$86K	30x
Short	Variational Omni BRETT	0.005842	0.0100	get 0.0050% / 4h	1h 30m	$43K	$104K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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 KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.097%Rate

Funding earned: $0
Price spread: −0.097% → −0.036%: −$6.14
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$18.14
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 66 min ago; Variational Omni: RFQ quote, 33 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 KuCoin live order book, 66 min ago	13.72 bp	314.6 bp −$315	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 33 min ago	6.80 bp	doesn't fit	141.1 bp −$1,411	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	0.005837	−0.188%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005839	−0.154%	$61	$854	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005864	+0.274%	$319K	$256K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005854	+0.103%	$1.2M	$2.6M	50x	as long as short
Bybit BRETTUSDT	+0.0100%	4h	0.005845	−0.051%	$2.1M	$1.9M	25x	as long as short
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005860	+0.205%	$134K	$273K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005840	−0.137%	$434K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005857	+0.154%	$12.5M	$206K	200x	as long as short
KuCoin BRETTUSDTMlong	+0.0100%	4h	0.005848	long leg	$309K	$86K	30x
Bitget BRETTUSDT	+0.0100%	4h	0.005845	−0.051%	$1.4M	$596K	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	0.005849	+0.017%	—	$1.4M	—	as long as short
Variational Omni BRETTshort	+0.0100%	4h	0.005842	−0.097%	$43K	$104K	—
BloFin BRETT-USDT	+0.0154%	4h	0.005858	+0.171%	$58K	$183K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.1800%	1h	0.005843	−0.082%	$43K	$76K	10x	as long as short