Funding arb · Price arb /

TTWO

RWAall TTWO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Bitget−0.319%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.319% cheaper against Bitget than usual: you would sell low and buy high (spread −0.319% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$32 on $10k: about 33 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TTWOUSDT	210.33	0	get 0.0000% / 8h	6h 01m	$903K	$85K	20x
Short	Lighter TTWO	209.66	0.0032	get 0.0004% / 1h	1m 09s	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.319%Rate

Funding earned: $6.72
Price spread: −0.319% → 0.000%: −$31.85
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$37.13
Costs to cover: 0.120%
Break-even: 45.7 days

Slippage unknown: Bitget: live order book, 65 min ago; Lighter: no order-book sample. 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 Bitget live order book, 65 min ago	14.02 bp	34.0 bp −$34	49.2 bp −$492	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	210.32	−0.005%	$1.8M	$218K	25x	as long as short
OKX TTWO-USDT-SWAP	0.0000%	8h	210.40	+0.033%	$325K	$91K	25x	as long as short
Gate TTWO_USDT	0.0000%	8h	210.10	−0.109%	$713K	$13K	20x	as long as short
Bitget TTWOUSDTlong	0.0000%	8h	210.33	long leg	$903K	$85K	20x
Lighter TTWOshort	+0.0032%	1h	209.66	−0.319%	—	—	5x
Extended TTWO-USD	+0.0040%	1h	209.89	−0.209%	$75K	$2K	10x	as long as short
Ondo Perps TTWO-USD.P	+0.0050%	1h	209.92	−0.195%	$334K	$201K	10x	as long as short
QFEX TTWO-USD	+0.0074%	1h	210.09	−0.114%	$1.2M	$3.1M	10x	as long as short
KuCoin TTWOUSDTM	+0.0100%	8h	209.82	−0.242%	$94K	$1.0M	20x	as long as short
HTX TTWO-USDT	+0.0100%	8h	210.12	−0.100%	$3K	$38K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TTWO	+0.0263%	8h	210.08	−0.117%	$80K	$55K	—	as long as short
Binance TTWOUSDT	+0.0325%	8h	210.17	−0.076%	$2.3M	$908K	25x	as long as short
Paragon para:TTWO	+0.1114%	1h	210.53	+0.095%	$1.1M	$143K	10x	as long as short