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 +0.030%
Price spread now: KuCoin against Gate−0.147%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,252as in the Price arb table
costs, in and out, $10k−$1,23712.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.167%+$17 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.147%, 7d avg −0.005%
Together, before fees+0.293%+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.142% cheaper against Gate than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.005%). If the spread goes back, that is −$14 on $10k: about 4.7 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TTWO_USDT210.600get 0.0000% / 8h2h 08m$715K$13K20x
ShortKuCoin TTWOUSDTM210.290.0100get 0.0100% / 8h2h 08m$94K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.147% → −0.005%
−$14.19
Slippage, 4 orders
−$1,210.42
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,230.61
Costs to cover
12.374%
Break-even
417.2 days
Slippage from Gate: live order book, 38 min ago; KuCoin: live order book, 1 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 Gate live order book, 38 min ago11.88 bp146.9 bp −$147doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago11.89 bp321.3 bp −$321doesn'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
Binance TTWOUSDT0.0000%8h210.73+0.064%$2.3M$962K25xas long as short
Bybit TTWOUSDT0.0000%8h210.95+0.166%$1.8M$213K25xas long as short
OKX TTWO-USDT-SWAP0.0000%8h210.85+0.119%$326K$83K25xas long as short
Gate TTWO_USDTlong0.0000%8h210.60long leg$715K$13K20x
Bitget TTWOUSDT0.0000%8h210.73+0.062%$895K$94K20xas long as short
Variational Omni TTWO0.0000%8h210.70+0.048%$81K$56Kas long as short
QFEX TTWO-USD+0.0008%1h210.76+0.076%$1.2M$2.7M10xas long as short
Lighter TTWO+0.0032%1h209.66−0.446%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.337%$75K$2K10xas long as short
Ondo Perps TTWO-USD.P+0.0050%1h210.34−0.123%$332K$205K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TTWOUSDTMshort+0.0100%8h210.29−0.147%$94K$1.0M20x
HTX TTWO-USDT+0.0100%8h210.74+0.066%$3K$39K10xas long as short
Paragon para:TTWO+0.1068%1h210.03−0.271%$1.1M$156K10xas long as short