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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Bybit−0.195%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,285as in the Price arb table
costs, in and out, $10k−$1,27912.787% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 7 days+0.088%+$9 · spread now −0.195%, 7d avg −0.130%
Together, before fees+0.167%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.065% cheaper against Bybit than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of −0.130%). If the spread goes back, that is −$6 on $10k: about 2.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.079% in total) that is about 5.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TTWOUSDT210.160get 0.0000% / 8h4h 12m$1.8M$215K25x
ShortKuCoin TTWOUSDTM209.750.0100get 0.0100% / 8h4h 12m$94K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$21
Price spread: −0.195% → −0.130%
−$6.48
Slippage, 4 orders
−$1,255.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,264.15
Costs to cover
12.787%
Break-even
428.4 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 2 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 Bybit live order book, 4 min ago5.23 bp28.0 bp −$2881.4 bp −$814doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago7.86 bp425.3 bp −$425doesn't fitdoesn'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
Bybit TTWOUSDTlong0.0000%8h210.16long leg$1.8M$215K25x
OKX TTWO-USDT-SWAP0.0000%8h210.21+0.024%$326K$90K25xas long as short
Gate TTWO_USDT0.0000%8h210.20+0.019%$714K$13K20xas long as short
Bitget TTWOUSDT0.0000%8h209.98−0.086%$892K$90K20xas long as short
QFEX TTWO-USD+0.0024%1h209.82−0.162%$1.2M$3.0M10xas long as short
Lighter TTWO+0.0032%1h209.66−0.238%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.128%$75K$2K10xas long as short
Ondo Perps TTWO-USD.P+0.0050%1h210.00−0.076%$332K$204K10xas long as short
Variational Omni TTWO+0.0053%8h210.03−0.064%$80K$55Kas long as short
KuCoin TTWOUSDTMshort+0.0100%8h209.75−0.195%$94K$1.0M20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TTWO-USDT+0.0100%8h210.14−0.010%$3K$38K10xas long as short
Binance TTWOUSDT+0.0131%8h210.07−0.043%$2.3M$904K25xas long as short
Paragon para:TTWO+0.7259%1h211.12+0.457%$1.1M$149K10xas long as short