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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1367%/8h= +149.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.313%
Price spread now: Paragon against Ondo Perps+0.091%7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.082%+$208 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now +0.091%, 7d avg +0.048%
Together, before fees+2.197%+ Points / potential airdropOndo Perps: Active · farm board+$220 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Paragon is 0.043% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps TTWO-USD.P210.280.0096pay 0.0012% / 1h51m 39s$328K$207K10x
ShortParagon para:TTWO210.470.1463get 0.0183% / 1h51m 39s$1.1M$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against Ondo Perps. 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
$287.16
Price spread: +0.091% → +0.048%
$4.31
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paragon: 5 bp × 2 orders
−$10
Net
$276.47
Costs to cover
0.150%
Break-even
0.3 days
Slippage unknown: Ondo Perps: no order-book sample; Paragon: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Paragon live order book, 4 min ago29.66 bp34.7 bp −$35136.6 bp −$1,366doesn't fitdoesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TTWO on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TTWOUSDT0.0000%8h210.54+0.123%$2.3M$968K25xas long as short
Bybit TTWOUSDT0.0000%8h210.67+0.185%$1.8M$210K25xas long as short
OKX TTWO-USDT-SWAP0.0000%8h210.60+0.152%$326K$81K25xas long as short
Gate TTWO_USDT0.0000%8h210.50+0.105%$715K$12K20xas long as short
Bitget TTWOUSDT0.0000%8h210.52+0.114%$895K$94K20xas long as short
Variational Omni TTWO0.0000%8h210.56+0.131%$81K$56Kas long as short
QFEX TTWO-USD+0.0024%1h210.53+0.119%$1.2M$2.7M10xas long as short
Lighter TTWO+0.0032%1h209.66−0.295%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.185%$75K$2K10xas long as short
Ondo Perps TTWO-USD.Plong+0.0096%1h210.28long leg$328K$207K10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TTWOUSDTM+0.0100%8h210.18−0.048%$94K$1.0M20xas long as short
HTX TTWO-USDT+0.0100%8h211.03+0.357%$3K$39K10xas long as short
Paragon para:TTWOshort+0.1463%1h210.47+0.091%$1.1M$156K10x