Funding arb · Price arb /

TTWO

RWAall TTWO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Gate−0.399%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.399% cheaper against Gate than usual: you would sell low and buy high (spread −0.399% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 42 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TTWO_USDT	210.50	0	get 0.0000% / 8h	1h 03m	$715K	$13K	20x
Short	Lighter TTWO	209.66	0.0032	get 0.0004% / 1h	3m 39s	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.399%Rate

Funding earned: $6.72
Price spread: −0.399% → 0.000%: −$39.9
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$48.18
Costs to cover: 0.150%
Break-even: 57.2 days

Slippage unknown: Gate: live order book, 38 min ago; Lighter: no order-book sample. Net counts fees only.

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, 38 min ago	14.23 bp	121.3 bp −$121	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	210.50	0.000%	$1.2M	$2.7M	10x	as long as short
Binance TTWOUSDT	0.0000%	8h	210.58	+0.040%	$2.3M	$967K	25x	as long as short
Bybit TTWOUSDT	0.0000%	8h	210.75	+0.119%	$1.8M	$210K	25x	as long as short
OKX TTWO-USDT-SWAP	0.0000%	8h	210.60	+0.048%	$326K	$81K	25x	as long as short
Gate TTWO_USDTlong	0.0000%	8h	210.50	long leg	$715K	$13K	20x
Bitget TTWOUSDT	0.0000%	8h	210.55	+0.024%	$895K	$94K	20x	as long as short
Variational Omni TTWO	0.0000%	8h	210.52	+0.008%	$81K	$56K	—	as long as short
Lighter TTWOshort	+0.0032%	1h	209.66	−0.399%	—	—	5x
Extended TTWO-USD	+0.0040%	1h	209.89	−0.290%	$75K	$2K	10x	as long as short
Ondo Perps TTWO-USD.P	+0.0050%	1h	210.37	−0.062%	$327K	$206K	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	210.12	−0.181%	$93K	$1.0M	20x	as long as short
HTX TTWO-USDT	+0.0100%	8h	210.56	+0.029%	$3K	$39K	10x	as long as short
Paragon para:TTWO	+0.1443%	1h	210.65	+0.070%	$1.1M	$156K	10x	as long as short