Funding you earn now, next payment 02:00 UTC−0.0385%/8h= −42.1% APRpaid last 24h −0.054%
Price spread now: QFEX against Binance0.000%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3053.047% of the position
Funding, last 3 days (all we have)−0.053%−$5 on $10k
+Price spread, last 2 days (all we have)−0.009%−$1 · spread now 0.000%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.053% in total (about -5.6% a year). A funding rate is set anew for every payment. 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 | Binance TTWOUSDT | 210.02 | 0.0459 | pay 0.0459% / 8h | 6h 42m | $2.3M | $931K | 25x |
| Short | QFEX TTWO-USD | 210.02 | 0.0074 | get 0.0009% / 1h | 42m 01s | $1.2M | $3.1M | 10x |
Binance TTWOUSDT
QFEX TTWO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- −$80.78
- Price spread: 0.000% → −0.005%
- $0.48
- Slippage, 4 orders
- −$284.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$384.98
- Costs to cover
- 3.047%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; QFEX: live order book, 6 min ago.
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 Binance live order book, 8 min ago | 2.38 bp | 19.6 bp −$20 | 95.2 bp −$952 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 127.60 bp | 134.5 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
TTWO 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TTWOUSDT | 0.0000% | 8h | 210.19 | +0.081% | $1.8M | $219K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.10 | +0.038% | $713K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.33 | +0.148% | $903K | $85K | 20x | as long as short |
| OKX TTWO-USDT-SWAP | +0.0005% | 8h | 209.91 | −0.052% | $324K | $90K | 25x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.171% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.062% | $75K | $2K | 10x | as long as short |
| QFEX TTWO-USDshort | +0.0074% | 1h | 210.02 | 0.000% | $1.2M | $3.1M | 10x | |
| KuCoin TTWOUSDTM | +0.0100% | 8h | 209.89 | −0.062% | $93K | $1.0M | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.07 | +0.024% | $3K | $38K | 10x | as long as short |
| Paragon para:TTWO | +0.0126% | 1h | 210.48 | +0.218% | $1.1M | $161K | 10x | as long as short |
Bybit TTWOUSDT
Gate TTWO_USDT
Bitget TTWOUSDT
OKX TTWO-USDT-SWAP
Lighter TTWO
Extended TTWO-USD
KuCoin TTWOUSDTM
HTX TTWO-USDT
Paragon para:TTWOShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps TTWO-USD.P | +0.0264% | 1h | 209.79 | −0.110% | $334K | $202K | 10x | as long as short |
| Variational Omni TTWO | +0.0398% | 8h | 210.03 | +0.004% | $80K | $55K | — | as long as short |
| Binance TTWOUSDTlong | +0.0459% | 8h | 210.02 | long leg | $2.3M | $931K | 25x |
Ondo Perps TTWO-USD.P
Variational Omni TTWO