Funding you earn now, next payment 07:00 UTC+0.1854%/8h= +203.0% APRpaid last 24h +0.280%
Price spread now: Paragon against Bybit−0.403%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$1811.813% of the position
Funding, last 7 days+1.879%+$188 on $10k
+Price spread, last 7 days+0.243%+$24 · spread now −0.403%, 7d avg −0.055%
=Funding pays, the price is against you. Paragon is 0.348% cheaper against Bybit than usual: you would sell low and buy high (spread −0.403% now, against its 7-day average of −0.055%). If the spread goes back, that is −$35 on $10k: about 15 hours of funding at the current rate (+$56 a day). At the pace of the last 7 days (+1.879% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TTWOUSDT | 210.88 | 0 | get 0.0000% / 8h | 1h 40m | $1.8M | $213K | 25x |
| Short | Paragon para:TTWO | 210.03 | 0.1854 | get 0.0232% / 1h | 40m 45s | $1.1M | $156K | 10x |
Bybit TTWOUSDT
Paragon para:TTWOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Bybit. 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
- $389.26
- Price spread: −0.403% → −0.055%
- −$34.78
- Slippage, 4 orders
- −$160.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $173.21
- Costs to cover
- 1.813%
- Break-even
- 3.9 days
Slippage from Bybit: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 6.88 bp | 22.6 bp −$23 | 192.2 bp −$1,922 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 6 min ago | 28.46 bp | 33.7 bp −$34 | 137.0 bp −$1,370 | 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 | 210.61 | −0.128% | $1.2M | $2.7M | 10x | as long as short |
| Binance TTWOUSDT | 0.0000% | 8h | 210.70 | −0.086% | $2.3M | $969K | 25x | as long as short |
| Bybit TTWOUSDTlong | 0.0000% | 8h | 210.88 | long leg | $1.8M | $213K | 25x | |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.97 | +0.043% | $326K | $83K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.50 | −0.180% | $715K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.73 | −0.071% | $895K | $94K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.62 | −0.124% | $81K | $56K | — | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.579% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.469% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 210.45 | −0.204% | $331K | $205K | 10x | as long as short |
QFEX TTWO-USD
Binance TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
Ondo Perps TTWO-USD.PShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTM | +0.0100% | 8h | 210.24 | −0.303% | $93K | $1.0M | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.62 | −0.123% | $3K | $39K | 10x | as long as short |
| Paragon para:TTWOshort | +0.1854% | 1h | 210.03 | −0.403% | $1.1M | $156K | 10x |
KuCoin TTWOUSDTM
HTX TTWO-USDT