Funding arb · Price arb /

TTWO

RWAall TTWO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0347%/8h= −38.0% APRpaid last 24h −0.321%

Price spread now: HTX against Paragon+0.106%7-day average — · you sell dearer than you buy

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

Long on Paragon Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.106% dearer against Paragon than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:TTWO	210.70	0.0447	pay 0.0056% / 1h	53m 59s	$1.1M	$151K	10x
Short	HTX TTWO-USDT	210.92	0.0100	get 0.0100% / 8h	6h 53m	$3K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee ParagonbpFee HTXbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$72.82
Price spread: +0.106% → 0.000%: $10.57
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$84.25
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Paragon: live order book, 3 min ago; HTX: 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 Paragon live order book, 3 min ago	31.80 bp	36.8 bp −$37	102.4 bp −$1,024	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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
Binance TTWOUSDT	0.0000%	8h	210.92	+0.106%	$2.3M	$1.0M	25x	as long as short
OKX TTWO-USDT-SWAP	0.0000%	8h	210.68	−0.008%	$326K	$78K	25x	as long as short
Gate TTWO_USDT	0.0000%	8h	210.80	+0.049%	$715K	$12K	20x	as long as short
Bitget TTWOUSDT	0.0000%	8h	210.82	+0.058%	$899K	$87K	20x	as long as short
Variational Omni TTWO	0.0000%	8h	210.75	+0.025%	$81K	$56K	—	as long as short
Lighter TTWO	+0.0032%	1h	210.15	−0.260%	—	—	5x	as long as short
Extended TTWO-USD	+0.0040%	1h	210.12	−0.273%	$75K	$1K	10x	as long as short
Bybit TTWOUSDT	+0.0073%	8h	210.75	+0.025%	$1.8M	$206K	25x	as long as short
QFEX TTWO-USD	+0.0080%	1h	210.62	−0.037%	$1.2M	$2.7M	10x	as long as short
KuCoin TTWOUSDTM	+0.0100%	8h	210.46	−0.113%	$94K	$992K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TTWO-USDTshort	+0.0100%	8h	210.92	+0.106%	$3K	$40K	10x
Ondo Perps TTWO-USD.P	+0.0236%	1h	210.36	−0.160%	$330K	$188K	10x	as long as short
Paragon para:TTWOlong	+0.0447%	1h	210.70	long leg	$1.1M	$151K	10x