Funding you earn now, next payment 08:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h +0.034%
Price spread now: Binance against KuCoin+0.219%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,017as in the Funding arb table
Net, price: spread back to 7d avg − costs−$996as in the Price arb table
costs, in and out, $10k−$1,00910.090% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days−0.168%−$17 · spread now +0.219%, 7d avg +0.084%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.135% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.084%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TTWOUSDTM | 209.63 | 0.0100 | pay 0.0100% / 8h | 4h 38m | $94K | $1.0M | 20x |
| Short | Binance TTWOUSDT | 210.09 | 0.0195 | get 0.0195% / 8h | 4h 38m | $2.3M | $902K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.96
- Price spread: +0.219% → +0.084%
- $13.52
- Slippage, 4 orders
- −$987.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$975.55
- Costs to cover
- 10.090%
- Break-even
- 349.1 days
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 11 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 KuCoin live order book, 1 min ago | 3.82 bp | 767.1 bp −$767 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.90 bp | 23.7 bp −$24 | 131.4 bp −$1,314 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TTWOUSDT | 0.0000% | 8h | 210.20 | +0.272% | $1.8M | $215K | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.21 | +0.277% | $325K | $89K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.20 | +0.272% | $714K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 209.99 | +0.172% | $892K | $90K | 20x | as long as short |
| QFEX TTWO-USD | +0.0024% | 1h | 210.10 | +0.224% | $1.2M | $3.0M | 10x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | +0.014% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | +0.124% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0074% | 1h | 209.91 | +0.134% | $331K | $203K | 10x | as long as short |
| KuCoin TTWOUSDTMlong | +0.0100% | 8h | 209.63 | long leg | $94K | $1.0M | 20x | |
| HTX TTWO-USDT | +0.0100% | 8h | 210.11 | +0.229% | $3K | $38K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TTWO | +0.0130% | 8h | 210.07 | +0.208% | $80K | $55K | — | as long as short |
| Binance TTWOUSDTshort | +0.0195% | 8h | 210.09 | +0.219% | $2.3M | $902K | 25x | |
| Paragon para:TTWO | +0.1456% | 1h | 210.24 | +0.289% | $1.1M | $144K | 10x | as long as short |
KuCoin TTWOUSDTM
Binance TTWOUSDT
Bybit TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Lighter TTWO
Extended TTWO-USD
HTX TTWO-USDT
Variational Omni TTWO
Paragon para:TTWO