Funding arb · Price arb /

TTWO

RWAall TTWO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%

Price spread now: Bybit against Bitget+0.124%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$199as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$2082.078% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.124%, 7d avg +0.050%

Together, before fees+0.020%+$2 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 0.074% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TTWOUSDT	209.95	0	get 0.0000% / 8h	4h 25m	$892K	$90K	20x
Short	Bybit TTWOUSDT	210.21	0	get 0.0000% / 8h	4h 25m	$1.8M	$215K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now +0.124%Rate

Funding earned: $0
Price spread: +0.124% → +0.050%: $7.37
Slippage, 4 orders: −$184.78
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$200.41
Costs to cover: 2.078%
Break-even: never at this rate

Slippage from Bitget: live order book, 30 min ago; Bybit: 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 Bitget live order book, 30 min ago	13.55 bp	21.3 bp −$21	46.9 bp −$469	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	5.47 bp	85.8 bp −$86	234.9 bp −$2,349	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 TTWOUSDTshort	0.0000%	8h	210.21	+0.124%	$1.8M	$215K	25x
OKX TTWO-USDT-SWAP	0.0000%	8h	210.44	+0.233%	$325K	$89K	25x	as long as short
Gate TTWO_USDT	0.0000%	8h	210.10	+0.071%	$713K	$13K	20x	as long as short
Bitget TTWOUSDTlong	0.0000%	8h	209.95	long leg	$892K	$90K	20x
QFEX TTWO-USD	+0.0024%	1h	209.94	−0.005%	$1.2M	$3.0M	10x	as long as short
Lighter TTWO	+0.0032%	1h	209.66	−0.138%	—	—	5x	as long as short
Extended TTWO-USD	+0.0040%	1h	209.89	−0.029%	$75K	$2K	10x	as long as short
Ondo Perps TTWO-USD.P	+0.0050%	1h	209.74	−0.100%	$331K	$203K	10x	as long as short
Variational Omni TTWO	+0.0084%	8h	209.94	−0.004%	$80K	$55K	—	as long as short
KuCoin TTWOUSDTM	+0.0100%	8h	209.65	−0.143%	$94K	$1.0M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TTWO-USDT	+0.0100%	8h	209.94	−0.005%	$3K	$38K	10x	as long as short
Binance TTWOUSDT	+0.0156%	8h	210.00	+0.022%	$2.3M	$904K	25x	as long as short
Paragon para:TTWO	+0.1456%	1h	210.24	+0.136%	$1.1M	$144K	10x	as long as short