Funding you earn now, next payment 05:00 UTC−0.0834%/8h= −91.4% APRpaid last 24h −0.231%
Price spread now: KuCoin against Paragon−0.243%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$777as in the Funding arb table
Net, price: spread back to 7d avg − costs−$621as in the Price arb table
costs, in and out, $10k−$6056.046% of the position
Funding, last 7 days−1.719%−$172 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now −0.243%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and KuCoin is 0.163% cheaper against Paragon than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:TTWO | 210.18 | 0.0934 | pay 0.0117% / 1h | 41m 35s | $1.1M | $148K | 10x |
| Short | KuCoin TTWOUSDTM | 209.67 | 0.0100 | get 0.0100% / 8h | 3h 41m | $94K | $1.0M | 20x |
Paragon para:TTWO
KuCoin TTWOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$175.24
- Price spread: −0.243% → −0.079%
- −$16.35
- Slippage, 4 orders
- −$582.63
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$796.22
- Costs to cover
- 6.046%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 5 min ago; KuCoin: live order book, 3 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, 5 min ago | 42.33 bp | 47.3 bp −$47 | 136.7 bp −$1,367 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 13.59 bp | 218.6 bp −$219 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TTWOUSDT | 0.0000% | 8h | 210.22 | +0.019% | $1.8M | $213K | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.21 | +0.014% | $326K | $90K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.10 | −0.038% | $713K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.03 | −0.071% | $892K | $90K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.08 | −0.046% | $80K | $55K | — | as long as short |
| QFEX TTWO-USD | +0.0020% | 1h | 210.11 | −0.033% | $1.2M | $3.0M | 10x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.248% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.138% | $75K | $2K | 10x | as long as short |
| Binance TTWOUSDT | +0.0041% | 8h | 210.17 | −0.006% | $2.3M | $904K | 25x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 209.77 | −0.195% | $331K | $203K | 10x | 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
Binance TTWOUSDT
Ondo Perps TTWO-USD.PShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTMshort | +0.0100% | 8h | 209.67 | −0.243% | $94K | $1.0M | 20x | |
| HTX TTWO-USDT | +0.0100% | 8h | 210.14 | −0.019% | $3K | $38K | 10x | as long as short |
| Paragon para:TTWOlong | +0.0934% | 1h | 210.18 | long leg | $1.1M | $148K | 10x |
HTX TTWO-USDT