Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.67 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against OKX−0.041%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1851.854% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.306%−$31 · spread now −0.041%, 7d avg −0.002%
=Funding pays, the price is against you. Binance is 0.038% cheaper against OKX than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.002%). If the spread goes back, that is −$4 on $10k: about 46 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TTWO-USDT-SWAP | 210.21 | 0 | get 0.0000% / 8h | 3h 48m | $326K | $90K | 25x |
| Short | Binance TTWOUSDT | 210.12 | 0.0067 | get 0.0067% / 8h | 3h 48m | $2.3M | $904K | 25x |
OKX TTWO-USDT-SWAP
Binance TTWOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $14.15
- Price spread: −0.041% → −0.002%
- −$3.84
- Slippage, 4 orders
- −$165.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$175.04
- Costs to cover
- 1.854%
- Break-even
- 93.6 days
Slippage from OKX: live order book, 2 min ago; Binance: 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 OKX live order book, 2 min ago | 6.66 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.43 bp | 20.0 bp −$20 | 122.9 bp −$1,229 | 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 | 210.23 | +0.010% | $1.8M | $213K | 25x | as long as short |
| OKX TTWO-USDT-SWAPlong | 0.0000% | 8h | 210.21 | long leg | $326K | $90K | 25x | |
| Gate TTWO_USDT | 0.0000% | 8h | 210.10 | −0.052% | $713K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.02 | −0.090% | $892K | $89K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.03 | −0.084% | $80K | $55K | — | as long as short |
| QFEX TTWO-USD | +0.0020% | 1h | 210.00 | −0.100% | $1.2M | $3.0M | 10x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.262% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.152% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 209.69 | −0.247% | $331K | $203K | 10x | as long as short |
| Binance TTWOUSDTshort | +0.0067% | 8h | 210.12 | −0.041% | $2.3M | $904K | 25x |
Bybit TTWOUSDT
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
QFEX TTWO-USD
Lighter TTWO
Extended TTWO-USD
Ondo Perps TTWO-USD.PShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTM | +0.0100% | 8h | 209.74 | −0.224% | $94K | $1.0M | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.07 | −0.067% | $3K | $38K | 10x | as long as short |
| Paragon para:TTWO | +0.0730% | 1h | 209.99 | −0.107% | $1.1M | $148K | 10x | as long as short |
KuCoin TTWOUSDTM
HTX TTWO-USDT
Paragon para:TTWO