Funding you earn now, next payment 06:00 UTC−0.0772%/8h= −84.5% APRpaid last 24h −0.220%
Price spread now: Binance against Paragon+0.085%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$720.719% of the position
Funding, last 7 days−1.819%−$182 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.085%, 7d avg +0.006%
=The price spread pays, funding is against you. Binance is 0.079% dearer against Paragon than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.006%): +$8 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:TTWO | 210.21 | 0.0772 | pay 0.0096% / 1h | 49m 04s | $1.1M | $155K | 10x |
| Short | Binance TTWOUSDT | 210.39 | 0 | get 0.0000% / 8h | 2h 49m | $2.3M | $915K | 25x |
Paragon para:TTWO
Binance TTWOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Paragon. 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
- −$162.02
- Price spread: +0.085% → +0.006%
- $7.9
- Slippage, 4 orders
- −$51.92
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$226.04
- Costs to cover
- 0.719%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 8 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 Paragon live order book, 8 min ago | 3.33 bp | 8.3 bp −$8 | 126.4 bp −$1,264 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.61 bp | 17.2 bp −$17 | 112.3 bp −$1,123 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TTWOUSDTshort | 0.0000% | 8h | 210.39 | +0.085% | $2.3M | $915K | 25x | |
| Bybit TTWOUSDT | 0.0000% | 8h | 210.62 | +0.195% | $1.8M | $213K | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.47 | +0.124% | $326K | $84K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.30 | +0.043% | $714K | $12K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.52 | +0.147% | $894K | $92K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.35 | +0.066% | $80K | $55K | — | as long as short |
| QFEX TTWO-USD | +0.0008% | 1h | 210.35 | +0.067% | $1.2M | $2.9M | 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 |
| KuCoin TTWOUSDTM | +0.0100% | 8h | 209.93 | −0.133% | $93K | $1.0M | 20x | as long as short |
Bybit TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
QFEX TTWO-USD
Lighter TTWO
Extended TTWO-USD
KuCoin TTWOUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TTWO-USDT | +0.0100% | 8h | 209.92 | −0.138% | $3K | $39K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0134% | 1h | 210.21 | 0.000% | $332K | $204K | 10x | as long as short |
| Paragon para:TTWOlong | +0.0772% | 1h | 210.21 | long leg | $1.1M | $155K | 10x |
HTX TTWO-USDT
Ondo Perps TTWO-USD.P