Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.185%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$485as in the Price arb table
costs, in and out, $10k−$4744.743% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.185%, 7d avg −0.081%
=Funding pays, the price is against you. KuCoin is 0.104% cheaper against Bitget than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of −0.081%). If the spread goes back, that is −$10 on $10k: about 3.5 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TTWOUSDT | 210.55 | 0 | get 0.0000% / 8h | 1h 00m | $895K | $94K | 20x |
| Short | KuCoin TTWOUSDTM | 210.16 | 0.0100 | get 0.0100% / 8h | 1h 00m | $94K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $21
- Price spread: −0.185% → −0.081%
- −$10.39
- Slippage, 4 orders
- −$450.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$463.68
- Costs to cover
- 4.743%
- Break-even
- 161.6 days
Slippage from Bitget: live order book, 41 min ago; KuCoin: live order book, 5 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, 41 min ago | 3.80 bp | 16.2 bp −$16 | 50.5 bp −$505 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 14.51 bp | 201.6 bp −$202 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX TTWO-USD | −0.0004% | 1h | 210.55 | 0.000% | $1.2M | $2.7M | 10x | as long as short |
| Binance TTWOUSDT | 0.0000% | 8h | 210.59 | +0.019% | $2.3M | $967K | 25x | as long as short |
| Bybit TTWOUSDT | 0.0000% | 8h | 210.65 | +0.047% | $1.8M | $210K | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.60 | +0.024% | $326K | $81K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.50 | −0.024% | $715K | $13K | 20x | as long as short |
| Bitget TTWOUSDTlong | 0.0000% | 8h | 210.55 | long leg | $895K | $94K | 20x | |
| Variational Omni TTWO | 0.0000% | 8h | 210.56 | +0.004% | $81K | $56K | — | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.423% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.313% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 210.28 | −0.128% | $328K | $207K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTMshort | +0.0100% | 8h | 210.16 | −0.185% | $94K | $1.0M | 20x | |
| HTX TTWO-USDT | +0.0100% | 8h | 211.03 | +0.228% | $3K | $39K | 10x | as long as short |
| Paragon para:TTWO | +0.1452% | 1h | 210.60 | +0.024% | $1.1M | $156K | 10x | as long as short |
Bitget TTWOUSDT
KuCoin TTWOUSDTM
Binance TTWOUSDT
Bybit TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
HTX TTWO-USDT
Paragon para:TTWO