Funding you earn now, next payment 07:00 UTC−0.1481%/8h= −162.1% APRpaid last 24h −0.254%
Price spread now: OKX against Paragon+0.448%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2392.386% of the position
Funding, last 7 days−1.966%−$197 on $10k
+Price spread, last 4 days (all we have)−0.321%−$32 · spread now +0.448%, 7d avg +0.091%
=The price spread pays, funding is against you. OKX is 0.356% dearer against Paragon than usual: you sell high and buy low (spread +0.448% now, against its 7-day average of +0.091%): +$36 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:TTWO | 210.03 | 0.1481 | pay 0.0185% / 1h | 52m 55s | $1.1M | $156K | 10x |
| Short | OKX TTWO-USDT-SWAP | 210.97 | 0 | get 0.0000% / 8h | 1h 52m | $326K | $83K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$310.96
- Price spread: +0.448% → +0.091%
- $35.62
- Slippage, 4 orders
- −$218.59
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$513.94
- Costs to cover
- 2.386%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 3 min ago; OKX: live order book, 52 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, 3 min ago | 24.22 bp | 29.2 bp −$29 | 135.9 bp −$1,359 | doesn't fit | doesn't fit |
| Sell OKX live order book, 52 min ago | 5.22 bp | 75.9 bp −$76 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX TTWO-USD | −0.0004% | 1h | 210.80 | +0.367% | $1.2M | $2.7M | 10x | as long as short |
| Binance TTWOUSDT | 0.0000% | 8h | 210.82 | +0.376% | $2.3M | $961K | 25x | as long as short |
| Bybit TTWOUSDT | 0.0000% | 8h | 211.02 | +0.471% | $1.8M | $213K | 25x | as long as short |
| OKX TTWO-USDT-SWAPshort | 0.0000% | 8h | 210.97 | +0.448% | $326K | $83K | 25x | |
| Gate TTWO_USDT | 0.0000% | 8h | 210.60 | +0.271% | $715K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.73 | +0.333% | $895K | $94K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.71 | +0.323% | $81K | $56K | — | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.176% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.067% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0070% | 1h | 210.57 | +0.257% | $332K | $205K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTM | +0.0100% | 8h | 210.32 | +0.138% | $94K | $1.0M | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.44 | +0.195% | $3K | $39K | 10x | as long as short |
| Paragon para:TTWOlong | +0.1481% | 1h | 210.03 | long leg | $1.1M | $156K | 10x |
Paragon para:TTWO
OKX TTWO-USDT-SWAP
Binance TTWOUSDT
Bybit TTWOUSDT
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
KuCoin TTWOUSDTM
HTX TTWO-USDT