Funding arb · Price arb /

TTWO

RWAall TTWO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.030%

Price spread now: Variational Omni against Ondo Perps+0.154%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Variational Omni is 0.154% dearer against Ondo Perps than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps TTWO-USD.P	209.83	−0.0009	get 0.0001% / 1h	0m 35s	$331K	$203K	10x
Short	Variational Omni TTWO	210.15	0.0149	get 0.0149% / 8h	5h 00m	$80K	$55K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee Variational OmnibpOrdersPrice spread, now +0.154%Rate

Funding earned: $33.13
Price spread: +0.154% → 0.000%: $15.44
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $43.58
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Ondo Perps and Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps TTWO-USD.Plong	−0.0009%	1h	209.83	long leg	$331K	$203K	10x
Bybit TTWOUSDT	0.0000%	8h	210.20	+0.176%	$1.8M	$215K	25x	as long as short
OKX TTWO-USDT-SWAP	0.0000%	8h	210.21	+0.181%	$325K	$90K	25x	as long as short
Gate TTWO_USDT	0.0000%	8h	210.30	+0.224%	$714K	$13K	20x	as long as short
Bitget TTWOUSDT	0.0000%	8h	210.03	+0.095%	$893K	$89K	20x	as long as short
QFEX TTWO-USD	+0.0005%	1h	210.18	+0.167%	$1.2M	$3.0M	10x	as long as short
Lighter TTWO	+0.0032%	1h	209.66	−0.081%	—	—	5x	as long as short
Extended TTWO-USD	+0.0040%	1h	209.89	+0.029%	$75K	$2K	10x	as long as short
KuCoin TTWOUSDTM	+0.0100%	8h	209.71	−0.057%	$94K	$1.0M	20x	as long as short
HTX TTWO-USDT	+0.0100%	8h	210.23	+0.191%	$3K	$38K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TTWOshort	+0.0149%	8h	210.15	+0.154%	$80K	$55K	—
Binance TTWOUSDT	+0.0221%	8h	210.15	+0.153%	$2.3M	$900K	25x	as long as short
Paragon para:TTWO	+0.1531%	1h	210.24	+0.193%	$1.1M	$144K	10x	as long as short