Settings8H · net · $10k
Funding arb · Price arb /

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0955%/8h= +104.6% APRpaid last 24h +0.224%
Price spread now: Paragon against Bitget+0.219%7-day average −0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2802.803% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.780%+$178 on $10k
Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.219%, 7d avg −0.069%
Together, before fees+1.621%+$162 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Paragon is 0.288% dearer against Bitget than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TTWOUSDT210.070get 0.0000% / 8h7h 31m$901K$85K20x
ShortParagon para:TTWO210.530.0955get 0.0119% / 1h31m 20s$1.1M$276K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon 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

Funding earned
$200.57
Price spread: +0.219% → −0.069%
$28.82
Slippage, 4 orders
−$258.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$50.9
Costs to cover
2.803%
Break-even
8.8 days
Slippage from Bitget: live order book, 39 min ago; Paragon: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 39 min ago14.24 bp22.3 bp −$2243.7 bp −$437doesn't fitdoesn't fit
Sell Paragon live order book, 6 min ago28.74 bp153.5 bp −$154228.9 bp −$2,289doesn't fitdoesn't fit

TTWO on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TTWO_USDT0.0000%8h210.20+0.062%$714K$13K20xas long as short
Bitget TTWOUSDTlong0.0000%8h210.07long leg$901K$85K20x
QFEX TTWO-USD+0.0025%1h210.30+0.109%$1.2M$3.0M10xas long as short
Lighter TTWO+0.0032%1h209.66−0.195%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.086%$75K$2K10xas long as short
Bybit TTWOUSDT+0.0090%8h210.29+0.105%$1.8M$233K25xas long as short
KuCoin TTWOUSDTM+0.0100%8h209.93−0.067%$93K$1.0M20xas long as short
HTX TTWO-USDT+0.0100%8h210.28+0.100%$3K$38K10xas long as short
OKX TTWO-USDT-SWAP+0.0118%8h210.30+0.109%$326K$89K25xas long as short
Ondo Perps TTWO-USD.P+0.0146%1h209.90−0.081%$334K$211K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TTWO+0.0468%8h210.29+0.103%$80K$55Kas long as short
Binance TTWOUSDT+0.0539%8h210.21+0.067%$2.3M$936K25xas long as short
Paragon para:TTWOshort+0.0955%1h210.53+0.219%$1.1M$276K10x