Settings8H · net · $10k
Funding arb · Price arb /

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1392%/8h= +152.4% APRpaid last 24h +0.266%
Price spread now: Paragon against Binance−0.065%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs+$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$980.983% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.913%+$191 on $10k
Price spread, last 7 days−0.113%−$11 · spread now −0.065%, 7d avg −0.014%
Together, before fees+1.800%+$180 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.051% cheaper against Binance than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.014%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$42 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TTWOUSDT210.590get 0.0000% / 8h50m 35s$2.3M$968K25x
ShortParagon para:TTWO210.450.1392get 0.0174% / 1h50m 35s$1.1M$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against Binance. 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

Funding earned
$292.36
Price spread: −0.065% → −0.014%
−$5.14
Slippage, 4 orders
−$78.28
Fee Binance: 5 bp × 2 orders
−$10
Fee Paragon: 5 bp × 2 orders
−$10
Net
$188.93
Costs to cover
0.983%
Break-even
2.5 days
Slippage from Binance: live order book, 14 min ago; Paragon: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago0.24 bp9.9 bp −$1073.6 bp −$736doesn't fitdoesn't fit
Sell Paragon live order book, 5 min ago29.66 bp34.7 bp −$35136.6 bp −$1,366doesn't fitdoesn't fit

TTWO on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TTWOUSDTlong0.0000%8h210.59long leg$2.3M$968K25x
Bybit TTWOUSDT0.0000%8h210.67+0.038%$1.8M$210K25xas long as short
OKX TTWO-USDT-SWAP0.0000%8h210.60+0.005%$326K$81K25xas long as short
Gate TTWO_USDT0.0000%8h210.50−0.043%$715K$12K20xas long as short
Bitget TTWOUSDT0.0000%8h210.52−0.033%$895K$94K20xas long as short
Variational Omni TTWO0.0000%8h210.56−0.016%$81K$56Kas long as short
QFEX TTWO-USD+0.0024%1h210.53−0.028%$1.2M$2.7M10xas long as short
Lighter TTWO+0.0032%1h209.66−0.441%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.332%$75K$2K10xas long as short
KuCoin TTWOUSDTM+0.0100%8h210.17−0.199%$94K$1.0M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TTWO-USDT+0.0100%8h210.60+0.005%$3K$39K10xas long as short
Ondo Perps TTWO-USD.P+0.0126%1h210.28−0.147%$328K$207K10xas long as short
Paragon para:TTWOshort+0.1392%1h210.45−0.065%$1.1M$156K10x