Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 212.63 | +0.0050 | pay 0.0006% / 1h | 16m 16s | $378K | $871K | 10x | Long Ondo Perps5% off | |
| SHORT | 213.33 | +0.1316 | get 0.0165% / 1h | 16m 16s | $1.6M | $110K | 10x | Short Paragon |
Price gap+0.334%
Funding gap+0.1266% /8h
Both sides work: funding pays +$38 a day on $10k, and the gap is 0.169% above its 7d average: +$17 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$123+0.1266% /8h now · paid +1.230% over the last 7D
Price+$17spread +0.334% now, avg +0.165% → +0.169% if it goes back
Costs−$480.481% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.334%
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
/8hTTWO on 18 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size5.5 / 18.0 bpAt $10k entering Paragon costs 18.0 bp, fee and slippage, 3.3× Ondo Perps’s.
- Note: Margin at max leverage$1,000 + $1,000Ondo Perps 10x, Paragon 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$37.98Long Ondo Perps: 24 payments, −$1.51; short Paragon: 24 payments, +$39.49.
- OK: Entry gap works for you+0.334% vs +0.165%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$378K vs $1.6M OIOndo Perps sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- OK: No KYC on either legOndo Perps No · Paragon NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0586%/8h × 21 periods+$122.96
Price spread+0.334% → +0.165% (7d avg)+$16.94
Slippage, 4 orderslive order books−$41.32
Fee Ondo Perps bp × 2 orders−$5.00
Fee Paragon bp × 2 orders−$1.80
Net · 7 days · $10k+$91.78
Costs to cover0.481%Break-even1.8 days
Slippage: Ondo Perps: live order book, 27 min ago; Paragon: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps0.475.5 bp−$513.5 bp−$135doesn’t fitdoesn’t fit
SELL · SHORTParagon0.9418.0 bp−$1878.2 bp−$782doesn’t fitdoesn’t fit
Closing costs about the same again.
TTWO news
posts that mention TTWO, from every exchange| 11-09 15:27 | tradeXYZ | Listing | new market xyz:TTWO ($TTWO) seen by our collector |
| 11-09 13:28 | RISEx | Listing | $TTWO, the publisher behind Grand Theft Auto, is live on RISEx at 10x It reports tonight after the close, and GTA VI launches on November 19 Heist mode is on! @risextrade on X ↗ |
| 11-09 13:10 | Arcus | Other | $TTWO reports after the close today. 10 days until GTA 6. respect to anyone jumping in before the numbers are out @arcus_xyz on X ↗ |
| 11-09 08:01 | RISEx | Listing | new market TTWO/USDC ($TTWO) seen by our collector |
| 11-08 11:15 | Backpack | Other | Earnings & macro to watch for Nov 9–13 ▸ Macro: US CPI (Oct), US PPI (Oct) ▸ Earnings: $RKLB $TTWO $ASTS $CEG $MARA $HIMS $ACHR $TTD $KKR $CRWV $QBTS $RGTI $SE $PBR $HMC $SGML $NU $NBIS $CSCO $AMAT $CBRS $LUNR $FIGR $MNDY $WSE Full market calendar → @Backpack on X ↗ |
| 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 ↗ |

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