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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1061%/8h= +116.1% APRpaid last 24h +0.220%
Price spread now: Paragon against Binance−0.330%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs+$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.819%+$182 on $10k
Price spread, last 7 days+0.288%+$29 · spread now −0.330%, 7d avg −0.006%
Together, before fees+2.107%+$211 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.324% cheaper against Binance than usual: you would sell low and buy high (spread −0.330% now, against its 7-day average of −0.006%). If the spread goes back, that is −$32 on $10k: about 24 hours of funding at the current rate (+$32 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TTWOUSDT210.730get 0.0000% / 8h2h 09m$2.3M$962K25x
ShortParagon para:TTWO210.030.1061get 0.0133% / 1h9m 12s$1.1M$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against Binance. 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
$222.71
Price spread: −0.330% → −0.006%
−$32.41
Slippage, 4 orders
−$118.98
Fee Binance: 5 bp × 2 orders
−$10
Fee Paragon: 5 bp × 2 orders
−$10
Net
$51.32
Costs to cover
1.390%
Break-even
5.4 days
Slippage from Binance: live order book, 10 min ago; Paragon: live order book, 8 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 Binance live order book, 10 min ago2.85 bp24.3 bp −$24138.0 bp −$1,380doesn't fitdoesn't fit
Sell Paragon live order book, 8 min ago25.88 bp62.5 bp −$62156.1 bp −$1,561doesn'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
Binance TTWOUSDTlong0.0000%8h210.73long leg$2.3M$962K25x
Bybit TTWOUSDT0.0000%8h210.93+0.097%$1.8M$213K25xas long as short
OKX TTWO-USDT-SWAP0.0000%8h210.85+0.059%$326K$83K25xas long as short
Gate TTWO_USDT0.0000%8h210.60−0.060%$715K$13K20xas long as short
Bitget TTWOUSDT0.0000%8h210.73+0.002%$895K$94K20xas long as short
Variational Omni TTWO0.0000%8h210.70−0.012%$81K$56Kas long as short
QFEX TTWO-USD+0.0008%1h210.79+0.030%$1.2M$2.7M10xas long as short
Lighter TTWO+0.0032%1h209.66−0.506%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.397%$75K$2K10xas long as short
Ondo Perps TTWO-USD.P+0.0050%1h210.34−0.183%$332K$205K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TTWOUSDTM+0.0100%8h210.30−0.202%$94K$1.0M20xas long as short
HTX TTWO-USDT+0.0100%8h210.74+0.007%$3K$39K10xas long as short
Paragon para:TTWOshort+0.1061%1h210.03−0.330%$1.1M$156K10x