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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1472%/8h= +161.1% APRpaid last 24h +0.313%
Price spread now: Paragon against Gate−0.271%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3443.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.967%+$197 on $10k
Price spread, last 4 days (all we have)+0.335%+$34 · spread now −0.271%, 7d avg +0.009%
Together, before fees+2.302%+$230 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.280% cheaper against Gate than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of +0.009%). If the spread goes back, that is −$28 on $10k: about 15 hours of funding at the current rate (+$44 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TTWO_USDT210.600get 0.0000% / 8h1h 50m$715K$13K20x
ShortParagon para:TTWO210.030.1472get 0.0184% / 1h50m 22s$1.1M$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon 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
$309.02
Price spread: −0.271% → +0.009%
−$27.98
Slippage, 4 orders
−$319.45
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$63.4
Costs to cover
3.445%
Break-even
8.4 days
Slippage from Gate: live order book, 56 min ago; Paragon: live order book, 5 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, 56 min ago11.88 bp146.9 bp −$147doesn't fitdoesn't fitdoesn't fit
Sell Paragon live order book, 5 min ago24.22 bp58.7 bp −$59156.8 bp −$1,568doesn'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
QFEX TTWO-USD−0.0004%1h210.68+0.038%$1.2M$2.7M10xas long as short
Binance TTWOUSDT0.0000%8h210.76+0.076%$2.3M$961K25xas long as short
Bybit TTWOUSDT0.0000%8h210.91+0.147%$1.8M$213K25xas long as short
OKX TTWO-USDT-SWAP0.0000%8h210.97+0.176%$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%8h210.69+0.043%$81K$56Kas 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
KuCoin TTWOUSDTM+0.0100%8h210.31−0.138%$94K$1.0M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TTWO-USDT+0.0100%8h210.53−0.033%$3K$39K10xas long as short
Ondo Perps TTWO-USD.P+0.0109%1h210.600.000%$332K$205K10xas long as short
Paragon para:TTWOshort+0.1472%1h210.03−0.271%$1.1M$156K10x