Funding arb · Price arb /

TTWO

RWAall TTWO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.018%

Price spread now: Ondo Perps against Bitget−0.076%7-day average −0.116% · you buy dearer than you sell

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

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.076%, 7d avg −0.116%

Together, before fees−0.147%+ Points / potential airdropOndo Perps: Active · farm board−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.040% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TTWOUSDT	210.73	0	get 0.0000% / 8h	1h 56m	$895K	$94K	20x
Short	Ondo Perps TTWO-USD.P	210.57	0.0051	get 0.0006% / 1h	56m 12s	$332K	$205K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpOrdersPrice spread, now −0.076%Rate

Funding earned: $10.75
Price spread: −0.076% → −0.116%: $3.99
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$2.26
Costs to cover: 0.170%
Break-even: 8.5 days

Slippage unknown: Bitget: live order book, 50 min ago; Ondo Perps: 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, 50 min ago	11.40 bp	24.4 bp −$24	43.3 bp −$433	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
QFEX TTWO-USD	−0.0004%	1h	210.80	+0.033%	$1.2M	$2.7M	10x	as long as short
Binance TTWOUSDT	0.0000%	8h	210.73	+0.001%	$2.3M	$961K	25x	as long as short
Bybit TTWOUSDT	0.0000%	8h	210.89	+0.076%	$1.8M	$213K	25x	as long as short
OKX TTWO-USDT-SWAP	0.0000%	8h	210.97	+0.114%	$326K	$83K	25x	as long as short
Gate TTWO_USDT	0.0000%	8h	210.50	−0.109%	$715K	$13K	20x	as long as short
Bitget TTWOUSDTlong	0.0000%	8h	210.73	long leg	$895K	$94K	20x
Variational Omni TTWO	0.0000%	8h	210.70	−0.015%	$81K	$56K	—	as long as short
Lighter TTWO	+0.0032%	1h	209.66	−0.508%	—	—	5x	as long as short
Extended TTWO-USD	+0.0040%	1h	209.89	−0.399%	$75K	$2K	10x	as long as short
Ondo Perps TTWO-USD.Pshort	+0.0051%	1h	210.57	−0.076%	$332K	$205K	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TTWOUSDTM	+0.0100%	8h	210.29	−0.209%	$94K	$1.0M	20x	as long as short
HTX TTWO-USDT	+0.0100%	8h	210.68	−0.024%	$3K	$39K	10x	as long as short
Paragon para:TTWO	+0.1488%	1h	210.03	−0.332%	$1.1M	$156K	10x	as long as short