Funding arb · Price arb /

TTWO

RWAall TTWO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%

Price spread now: Bybit against Gate+0.176%7-day average +0.123% · you sell dearer than you buy

Net, funding: paid 7d − costs−$390as in the Funding arb table

Net, price: spread back to 7d avg − costs−$394as in the Price arb table

costs, in and out, $10k−$3993.991% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.087%+$9 on $10k

Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.176%, 7d avg +0.123%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TTWO_USDT	210.60	0	get 0.0000% / 8h	2h 15m	$715K	$13K	20x
Short	Bybit TTWOUSDT	210.97	0	get 0.0000% / 8h	2h 15m	$1.8M	$213K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.176%Rate

Funding earned: $0
Price spread: +0.176% → +0.123%: $5.24
Slippage, 4 orders: −$373.09
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$393.86
Costs to cover: 3.991%
Break-even: never at this rate

Slippage from Gate: live order book, 31 min ago; Bybit: 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 Gate live order book, 31 min ago	11.88 bp	146.9 bp −$147	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	7.11 bp	63.1 bp −$63	217.3 bp −$2,173	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
Binance TTWOUSDT	0.0000%	8h	210.87	+0.130%	$2.3M	$961K	25x	as long as short
Bybit TTWOUSDTshort	0.0000%	8h	210.97	+0.176%	$1.8M	$213K	25x
OKX TTWO-USDT-SWAP	0.0000%	8h	211.14	+0.256%	$326K	$83K	25x	as long as short
Gate TTWO_USDTlong	0.0000%	8h	210.60	long leg	$715K	$13K	20x
Bitget TTWOUSDT	0.0000%	8h	210.74	+0.066%	$895K	$94K	20x	as long as short
Variational Omni TTWO	0.0000%	8h	210.76	+0.075%	$81K	$56K	—	as long as short
QFEX TTWO-USD	+0.0008%	1h	210.81	+0.100%	$1.2M	$2.7M	10x	as long as short
Lighter TTWO	+0.0032%	1h	209.66	−0.446%	—	—	5x	as long as short
Extended TTWO-USD	+0.0040%	1h	209.89	−0.337%	$75K	$2K	10x	as long as short
Ondo Perps TTWO-USD.P	+0.0050%	1h	210.54	−0.028%	$332K	$205K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TTWOUSDTM	+0.0100%	8h	210.28	−0.152%	$94K	$1.0M	20x	as long as short
HTX TTWO-USDT	+0.0100%	8h	210.81	+0.100%	$3K	$39K	10x	as long as short
Paragon para:TTWO	+0.0997%	1h	210.03	−0.271%	$1.1M	$156K	10x	as long as short