Funding you earn now, next payment 09:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.008%
Price spread now: Gate against QFEX−0.047%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1771.766% of the position
Funding, last 4 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.047%, 7d avg −0.105%
=The price spread pays, funding is against you. Gate is 0.058% dearer against QFEX than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.105%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 4 days (−0.016% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX TTWO-USD | 210.70 | 0.0080 | pay 0.0010% / 1h | 57m 48s | $1.2M | $2.7M | 10x |
| Short | Gate TTWO_USDT | 210.60 | 0 | get 0.0000% / 8h | 6h 57m | $714K | $12K | 20x |
QFEX TTWO-USD
Gate TTWO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- −$16.8
- Price spread: −0.047% → −0.105%
- $5.78
- Slippage, 4 orders
- −$151.65
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$187.67
- Costs to cover
- 1.766%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Gate: live order book, 34 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 QFEX live order book, 5 min ago | 2.37 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 16.64 bp | 27.4 bp −$27 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TTWOUSDT | 0.0000% | 8h | 210.73 | +0.015% | $2.3M | $1.0M | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.86 | +0.076% | $327K | $78K | 25x | as long as short |
| Gate TTWO_USDTshort | 0.0000% | 8h | 210.60 | −0.047% | $714K | $12K | 20x | |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.75 | +0.024% | $899K | $87K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.77 | +0.033% | $81K | $56K | — | as long as short |
| Lighter TTWO | +0.0032% | 1h | 210.10 | −0.285% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.384% | $75K | $1K | 10x | as long as short |
| QFEX TTWO-USDlong | +0.0080% | 1h | 210.70 | long leg | $1.2M | $2.7M | 10x | |
| KuCoin TTWOUSDTM | +0.0100% | 8h | 210.54 | −0.076% | $94K | $991K | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.80 | +0.047% | $3K | $40K | 10x | as long as short |
Binance TTWOUSDT
OKX TTWO-USDT-SWAP
Bitget TTWOUSDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
KuCoin TTWOUSDTM
HTX TTWO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TTWOUSDT | +0.0150% | 8h | 210.93 | +0.109% | $1.8M | $206K | 25x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0192% | 1h | 210.61 | −0.043% | $330K | $188K | 10x | as long as short |
| Paragon para:TTWO | +0.0460% | 1h | 210.63 | −0.033% | $1.1M | $151K | 10x | as long as short |
Bybit TTWOUSDT
Ondo Perps TTWO-USD.P
Paragon para:TTWO