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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−2.287%−$229 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:TTWO210.030.1481pay 0.0185% / 1h52m 55s$1.1M$156K10x
ShortOKX TTWO-USDT-SWAP210.970get 0.0000% / 8h1h 52m$326K$83K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 3 min ago24.22 bp29.2 bp −$29135.9 bp −$1,359doesn't fitdoesn't fit
Sell OKX live order book, 52 min ago5.22 bp75.9 bp −$76doesn'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
QFEX TTWO-USD−0.0004%1h210.80+0.367%$1.2M$2.7M10xas long as short
Binance TTWOUSDT0.0000%8h210.82+0.376%$2.3M$961K25xas long as short
Bybit TTWOUSDT0.0000%8h211.02+0.471%$1.8M$213K25xas long as short
OKX TTWO-USDT-SWAPshort0.0000%8h210.97+0.448%$326K$83K25x
Gate TTWO_USDT0.0000%8h210.60+0.271%$715K$13K20xas long as short
Bitget TTWOUSDT0.0000%8h210.73+0.333%$895K$94K20xas long as short
Variational Omni TTWO0.0000%8h210.71+0.323%$81K$56Kas long as short
Lighter TTWO+0.0032%1h209.66−0.176%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.067%$75K$2K10xas long as short
Ondo Perps TTWO-USD.P+0.0070%1h210.57+0.257%$332K$205K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TTWOUSDTM+0.0100%8h210.32+0.138%$94K$1.0M20xas long as short
HTX TTWO-USDT+0.0100%8h210.44+0.195%$3K$39K10xas long as short
Paragon para:TTWOlong+0.1481%1h210.03long leg$1.1M$156K10x