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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.583%
Price spread now: Paragon against Bitget+0.150%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs+$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$2092.091% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+2.259%+$226 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.150%, 7d avg −0.066%
Together, before fees+2.187%+$219 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Paragon is 0.216% dearer against Bitget than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TTWOUSDT210.440get 0.0000% / 8h5h 44m$887K$92K20x
ShortParagon para:TTWO210.760.0132get 0.0017% / 1h44m 38s$1.1M$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against Bitget. 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
$27.74
Price spread: +0.150% → −0.066%
$21.56
Slippage, 4 orders
−$187.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$159.76
Costs to cover
2.091%
Break-even
47.3 days
Slippage from Bitget: live order book, 64 min ago; Paragon: live order book, 6 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 Bitget live order book, 64 min ago8.06 bp22.3 bp −$2239.8 bp −$398doesn't fitdoesn't fit
Sell Paragon live order book, 6 min ago34.16 bp44.7 bp −$45102.5 bp −$1,025doesn't fitdoesn't fit

TTWO on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TTWO-USDT-SWAP0.0000%8h211.36+0.437%$327K$76K25xas long as short
Gate TTWO_USDT0.0000%8h211.00+0.266%$716K$12K20xas long as short
Bitget TTWOUSDTlong0.0000%8h210.44long leg$887K$92K20x
Lighter TTWO+0.0032%1h210.59+0.071%5xas long as short
Variational Omni TTWO+0.0034%8h211.05+0.288%$79K$58Kas long as short
Extended TTWO-USD+0.0040%1h210.59+0.074%$75K$99810xas long as short
Bybit TTWOUSDT+0.0067%8h211.15+0.337%$1.8M$391K25xas long as short
KuCoin TTWOUSDTM+0.0100%8h210.69+0.119%$95K$1.0M20xas long as short
HTX TTWO-USDT+0.0100%8h211.06+0.295%$3K$40K10xas long as short
Paragon para:TTWOshort+0.0132%1h210.76+0.150%$1.1M$151K10x
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX TTWO-USD+0.0160%1h211.00+0.266%$1.2M$2.6M10xas long as short
Binance TTWOUSDT+0.0179%8h210.97+0.252%$2.3M$1.0M25xas long as short
Ondo Perps TTWO-USD.P+0.0218%1h210.86+0.200%$331K$188K10xas long as short