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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h −0.022%
Price spread now: QFEX against HTX−0.119%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.119% cheaper against HTX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TTWO-USDT210.640.0100pay 0.0100% / 8h7h 28m$3K$39K10x
ShortQFEX TTWO-USD210.390.0055get 0.0007% / 1h28m 48s$1.2M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against HTX. 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
−$9.48
Price spread: −0.119% → 0.000%
−$11.87
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$43.34
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; QFEX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell QFEX live order book, 4 min ago52.53 bp60.3 bp −$60doesn't fitdoesn't fitdoesn't fit
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TTWOUSDT0.0000%8h210.31−0.157%$2.3M$1.0M25xas long as short
Bybit TTWOUSDT0.0000%8h210.55−0.043%$1.8M$209K25xas long as short
OKX TTWO-USDT-SWAP0.0000%8h210.60−0.019%$326K$78K25xas long as short
Gate TTWO_USDT0.0000%8h210.00−0.304%$712K$13K20xas long as short
Bitget TTWOUSDT0.0000%8h210.36−0.133%$893K$86K20xas long as short
Variational Omni TTWO0.0000%8h210.34−0.142%$81K$56Kas long as short
Lighter TTWO+0.0032%1h209.98−0.313%5xas long as short
Extended TTWO-USD+0.0040%1h209.98−0.313%$75K$2K10xas long as short
Ondo Perps TTWO-USD.P+0.0050%1h209.97−0.318%$330K$187K10xas long as short
QFEX TTWO-USDshort+0.0055%1h210.39−0.119%$1.2M$2.7M10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TTWOUSDTM+0.0100%8h210.16−0.228%$94K$985K20xas long as short
HTX TTWO-USDTlong+0.0100%8h210.64long leg$3K$39K10x
Paragon para:TTWO+3.5834%1h210.54−0.047%$1.1M$153K10xas long as short