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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0787%/8h= −86.1% APRpaid last 24h −0.261%
Price spread now: Gate against Paragon+0.017%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$580as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3923.917% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.886%−$189 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.017%, 7d avg −0.010%
Together, before fees−2.002%−$200 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.027% dearer against Paragon than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.010%): +$3 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 3 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:TTWO210.060.0787pay 0.0098% / 1h47m 29s$1.1M$148K10x
ShortGate TTWO_USDT210.100get 0.0000% / 8h3h 47m$713K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Paragon. 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
−$165.22
Price spread: +0.017% → −0.010%
$2.73
Slippage, 4 orders
−$366.69
Fee Paragon: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$554.18
Costs to cover
3.917%
Break-even
never at this rate
Slippage from Paragon: live order book, 10 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 10 min ago24.30 bp29.3 bp −$29147.2 bp −$1,472doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago9.52 bp226.5 bp −$226doesn't fitdoesn't fitdoesn't fit

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
Bybit TTWOUSDT0.0000%8h210.21+0.069%$1.8M$213K25xas long as short
OKX TTWO-USDT-SWAP0.0000%8h210.21+0.069%$326K$90K25xas long as short
Gate TTWO_USDTshort0.0000%8h210.10+0.017%$713K$13K20x
Bitget TTWOUSDT0.0000%8h210.02−0.021%$892K$89K20xas long as short
Variational Omni TTWO0.0000%8h210.03−0.015%$80K$55Kas long as short
QFEX TTWO-USD+0.0020%1h210.04−0.012%$1.2M$3.0M10xas long as short
Lighter TTWO+0.0032%1h209.66−0.192%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.083%$75K$2K10xas long as short
Ondo Perps TTWO-USD.P+0.0050%1h209.69−0.178%$331K$203K10xas long as short
Binance TTWOUSDT+0.0064%8h210.10+0.017%$2.3M$903K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TTWOUSDTM+0.0100%8h209.73−0.159%$94K$1.0M20xas long as short
HTX TTWO-USDT+0.0100%8h210.12+0.027%$3K$38K10xas long as short
Paragon para:TTWOlong+0.0787%1h210.06long leg$1.1M$148K10x