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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TTWOUSDT | 210.73 | 0 | get 0.0000% / 8h | 2h 09m | $2.3M | $962K | 25x |
| Short | Paragon para:TTWO | 210.03 | 0.1061 | get 0.0133% / 1h | 9m 12s | $1.1M | $156K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 2.85 bp | 24.3 bp −$24 | 138.0 bp −$1,380 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 8 min ago | 25.88 bp | 62.5 bp −$62 | 156.1 bp −$1,561 | 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 TTWOUSDTlong | 0.0000% | 8h | 210.73 | long leg | $2.3M | $962K | 25x | |
| Bybit TTWOUSDT | 0.0000% | 8h | 210.93 | +0.097% | $1.8M | $213K | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.85 | +0.059% | $326K | $83K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.60 | −0.060% | $715K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.73 | +0.002% | $895K | $94K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.70 | −0.012% | $81K | $56K | — | as long as short |
| QFEX TTWO-USD | +0.0008% | 1h | 210.79 | +0.030% | $1.2M | $2.7M | 10x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.506% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.397% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 210.34 | −0.183% | $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 | 210.30 | −0.202% | $94K | $1.0M | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.74 | +0.007% | $3K | $39K | 10x | as long as short |
| Paragon para:TTWOshort | +0.1061% | 1h | 210.03 | −0.330% | $1.1M | $156K | 10x |
Binance TTWOUSDT
Paragon para:TTWO
Bybit TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
KuCoin TTWOUSDTM
HTX TTWO-USDT