Funding arb · Price arb / RWA

TTWO

RWAAll TTWO markets →

LONGMEXC▾Paragon −0.0125%Binance 0.0000%Bybit 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%QFEX +0.0010%Lighter +0.0032%BingX +0.0050%Avantis +0.0054%Extended +0.0064%HTX +0.0100%

⇄⇅

SHORTOndo Perps▾HTX +0.0100%Extended +0.0064%BingX +0.0050%Lighter +0.0032%QFEX +0.0010%Binance 0.0000%Bybit 0.0000%OKX 0.0000%Gate 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%Avantis 0.0000%Paragon −0.0125%Ondo Perps −0.0931%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCTTWOSTOCK_USDT	204.79	0	0.0000% / 8h	11m 55s	$3.0M	$196K	20x	Long MEXC
SHORT	Ondo PerpsTTWO-USD.P2	204.25	−0.0931	pay 0.0116% / 1h	11m 55s	$447K	$13K	10x	Short Ondo Perps5% off

Price gap−0.264%48s

Funding gap−0.0931% /8h

Both sides work against this direction now: funding costs $28 a day on $10k and the gap is 0.079% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.364% in total, about −0.0173%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.264%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

MEXCOndo Perps

TTWO on 16 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

• !
  Watch: Thin at this size23.7 / 8.2 bp

  At $10k entering MEXC costs 23.7 bp, fee and slippage, 2.9× Ondo Perps’s.
• i
  Note: Margin at max leverage$500 + $1,000

  MEXC 20x, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long MEXC · 8h$0.00

  Short Ondo Perps · 1h−$27.94

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$27.94Long MEXC: 3 payments, $0.00; short Ondo Perps: 24 payments, −$27.94.
• !
  Watch: Prices read 48 s apart−0.264% vs −0.185%

  Part of this gap may be the market moving.
• !
  Watch: Short leg is thinner$447K vs $3.0M OI

  Ondo Perps sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legOndo Perps points

  Volume here counts toward the points program.
• !
  Watch: KYCMEXC Yes · Ondo Perps No

  KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0173%/8h × 21 periods−$36.41

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$59.04

Fee MEXC bp × 2 orders−$4.00

Fee Ondo Perps bp × 2 orders−$5.00

Net · 7 days · $10k−$104.45

price spread not counted: prices read too far apart

Costs to cover0.680%Break-evennever at this rate

Slippage: MEXC: live order book, 6 min ago; Ondo Perps: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGMEXC1.9523.7 bp−$24175.0 bp−$1,750227.5 bp−$22.8Kdoesn’t fit

SELL · SHORTOndo Perps5.638.2 bp−$821.8 bp−$218doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

TTWO news

posts that mention TTWO, from every exchangeSearch all news →

10-15 17:00	Paragon	Other	GTA VI comes November 19. Take-Two is up 3% on the day. $TTWO trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗
10-02 14:59	Lighter RH	Listing	New RWA Perp Listing! You can now trade $TTWO with up to 5x leverage. @Lighter_xyz on X ↗
09-28 16:43	Avantis	Other	2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗
09-24 14:14	Avantis	Listing	new market TTWO/USD ($TTWO) seen by our collector
09-17 15:22	Ondo Perps	Listing	New markets just dropped. From China’s largest DRAM manufacturer to the largest HYPE treasury and the company behind GTA 6: ▸ CXMT - ChangXin Memory Technologies ▸ ENA - Enablence Technologies ▸ PURR - Hyperliquid Strategies ▸ TTWO - Take-Two Interactive Trade now → @OndoPerps on X ↗