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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0300%/8h= +32.9% APRpaid last 24h +0.554%
Price spread now: Paragon against KuCoin+0.032%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$522as in the Price arb table
costs, in and out, $10k−$5175.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+2.089%+$209 on $10k
Price spread, last 7 days+0.160%+$16 · spread now +0.032%, 7d avg +0.077%
Together, before fees+2.249%+$225 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.044% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.077%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+2.089% in total) that is about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TTWOUSDTM210.710.0100pay 0.0100% / 8h6h 09m$94K$997K20x
ShortParagon para:TTWO210.780.0400get 0.0050% / 1h9m 50s$1.1M$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against KuCoin. 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
$63.02
Price spread: +0.032% → +0.077%
−$4.41
Slippage, 4 orders
−$495.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$458.78
Costs to cover
5.174%
Break-even
58.0 days
Slippage from KuCoin: live order book, 37 min ago; Paragon: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 37 min ago14.95 bp262.1 bp −$262doesn't fitdoesn't fitdoesn't fit
Sell Paragon live order book, just now34.16 bp44.7 bp −$45105.2 bp −$1,052doesn't fitdoesn't fit

TTWO on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TTWO-USDT-SWAP0.0000%8h211.20+0.233%$327K$78K25xas long as short
Gate TTWO_USDT0.0000%8h211.00+0.138%$716K$12K20xas long as short
Bitget TTWOUSDT0.0000%8h211.01+0.142%$900K$87K20xas long as short
Variational Omni TTWO0.0000%8h210.97+0.125%$79K$58Kas long as short
Lighter TTWO+0.0032%1h210.59−0.057%5xas long as short
Extended TTWO-USD+0.0040%1h210.59−0.055%$75K$99810xas long as short
QFEX TTWO-USD+0.0080%1h210.95+0.114%$1.2M$2.7M10xas long as short
KuCoin TTWOUSDTMlong+0.0100%8h210.71long leg$94K$997K20x
HTX TTWO-USDT+0.0100%8h211.02+0.147%$3K$40K10xas long as short
Binance TTWOUSDT+0.0105%8h211.02+0.149%$2.3M$1.0M25xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TTWOUSDT+0.0260%8h211.26+0.261%$1.8M$388K25xas long as short
Paragon para:TTWOshort+0.0400%1h210.78+0.032%$1.1M$151K10x
Ondo Perps TTWO-USD.P+0.0626%1h210.61−0.047%$331K$188K10xas long as short