Funding arb · Price arb /

BRETT

all BRETT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Variational Omni+0.221%7-day average −0.015% · you sell dearer than you buy

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

Price spread, last 3 days (all we have)−1.348%−$135 · spread now +0.221%, 7d avg −0.015%

Together, before fees−1.348%+ Points / potential airdropVariational Omni: Active · farm board−$135 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% dearer against Variational Omni than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BRETT	0.005788	0.0100	pay 0.0050% / 4h	11m 27s	$52K	$127K	—
Short	Bybit BRETTUSDT	0.005801	0.0100	get 0.0050% / 4h	11m 27s	$2.1M	$1.8M	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

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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 BybitbpOrdersPrice spread, now +0.221%Rate

Funding earned: $0
Price spread: +0.221% → −0.015%: $23.56
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: $12.56
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 21 min ago; Bybit: live order book, 5 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	9.48 bp	doesn't fit	185.2 bp −$1,852	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	6.04 bp	41.3 bp −$41	178.6 bp −$1,786	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	0.005794	+0.100%	—	—	100x	as long as short
Injective BRETT/USDC PERP	+0.0033%	1h	0.005389	−6.897%	$791	$5K	5.5x	as long as short
Hyperliquid BRETT	+0.0100%	1h	0.005821	+0.567%	$316K	$195K	3x	as long as short
Binance BRETTUSDT	+0.0100%	4h	0.005810	+0.377%	$1.2M	$2.4M	50x	as long as short
Bybit BRETTUSDTshort	+0.0100%	4h	0.005801	+0.221%	$2.1M	$1.8M	25x
OKX BRETT-USDT-SWAP	+0.0100%	4h	0.005811	+0.394%	$132K	$263K	10x	as long as short
Gate BRETT_USDT	+0.0100%	4h	0.005795	+0.117%	$434K	$109K	25x	as long as short
MEXC BRETT_USDT	+0.0100%	4h	0.005809	+0.359%	$12.4M	$203K	200x	as long as short
KuCoin BRETTUSDTM	+0.0100%	4h	0.005800	+0.204%	$330K	$74K	30x	as long as short
Bitget BRETTUSDT	+0.0100%	4h	0.005791	+0.048%	$1.4M	$671K	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	0.005801	+0.221%	—	$1.4M	—	as long as short
Variational Omni BRETTlong	+0.0100%	4h	0.005788	long leg	$52K	$127K	—
BloFin BRETT-USDT	+0.0113%	4h	0.005804	+0.273%	$58K	$162K	50x	as long as short
Kraken Futures PF_BRETTUSD	+0.0278%	1h	0.005802	+0.236%	$35K	$61K	10x	as long as short