Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against KuCoin+0.234%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,077as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,059as in the Price arb table
costs, in and out, $10k−$1,06910.690% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.234%, 7d avg +0.130%
=The price spread pays, funding is against you. Bybit is 0.103% dearer against KuCoin than usual: you sell high and buy low (spread +0.234% now, against its 7-day average of +0.130%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.079% in total) that is about 9.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TTWOUSDTM | 209.72 | 0.0100 | pay 0.0100% / 8h | 3h 45m | $93K | $1.0M | 20x |
| Short | Bybit TTWOUSDT | 210.21 | 0 | get 0.0000% / 8h | 3h 45m | $1.8M | $213K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: +0.234% → +0.130%
- $10.34
- Slippage, 4 orders
- −$1,045.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,079.62
- Costs to cover
- 10.690%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 1 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, 4 min ago | 5.96 bp | 783.3 bp −$783 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.47 bp | 85.1 bp −$85 | 236.1 bp −$2,361 | 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 TTWOUSDTshort | 0.0000% | 8h | 210.21 | +0.234% | $1.8M | $213K | 25x | |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.21 | +0.234% | $326K | $90K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.10 | +0.181% | $713K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.02 | +0.143% | $892K | $89K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.08 | +0.173% | $80K | $55K | — | as long as short |
| QFEX TTWO-USD | +0.0020% | 1h | 210.11 | +0.186% | $1.2M | $3.0M | 10x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.029% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | +0.081% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 209.72 | 0.000% | $331K | $203K | 10x | as long as short |
| Binance TTWOUSDT | +0.0055% | 8h | 210.12 | +0.192% | $2.3M | $903K | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTMlong | +0.0100% | 8h | 209.72 | long leg | $93K | $1.0M | 20x | |
| HTX TTWO-USDT | +0.0100% | 8h | 210.12 | +0.191% | $3K | $38K | 10x | as long as short |
| Paragon para:TTWO | +0.0824% | 1h | 210.07 | +0.167% | $1.1M | $148K | 10x | as long as short |
KuCoin TTWOUSDTM
Bybit TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
Binance TTWOUSDT
HTX TTWO-USDT
Paragon para:TTWO