Funding you earn now, next payment 16:00 UTC−0.0129%/8h= −14.1% APRnext payment −$1.29 per $10,000 · paid last 24h −0.009%
Price spread now: Bitget against Bybit−0.318%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2212.214% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.318%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.270% cheaper against Bybit than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TTWOUSDT | 210.95 | 0.0129 | pay 0.0129% / 8h | 6h 57m | $1.8M | $206K | 25x |
| Short | Bitget TTWOUSDT | 210.28 | 0 | get 0.0000% / 8h | 6h 57m | $897K | $87K | 20x |
Bybit TTWOUSDT
Bitget TTWOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$27.14
- Price spread: −0.318% → −0.048%
- −$26.95
- Slippage, 4 orders
- −$198.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$275.47
- Costs to cover
- 2.214%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 33 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 Bybit live order book, 4 min ago | 6.40 bp | 28.4 bp −$28 | 198.9 bp −$1,989 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 33 min ago | 6.89 bp | 86.5 bp −$87 | 103.1 bp −$1,031 | 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 | 210.80 | −0.072% | $2.3M | $1.0M | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.86 | −0.043% | $327K | $78K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.40 | −0.261% | $714K | $12K | 20x | as long as short |
| Bitget TTWOUSDTshort | 0.0000% | 8h | 210.28 | −0.318% | $897K | $87K | 20x | |
| Variational Omni TTWO | 0.0000% | 8h | 210.77 | −0.085% | $81K | $56K | — | as long as short |
| Lighter TTWO | +0.0032% | 1h | 210.10 | −0.403% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 210.11 | −0.396% | $75K | $1K | 10x | as long as short |
| QFEX TTWO-USD | +0.0080% | 1h | 210.71 | −0.114% | $1.2M | $2.7M | 10x | as long as short |
| KuCoin TTWOUSDTM | +0.0100% | 8h | 210.52 | −0.204% | $94K | $991K | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.80 | −0.071% | $3K | $40K | 10x | as long as short |
Binance TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
QFEX 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 TTWOUSDTlong | +0.0129% | 8h | 210.95 | long leg | $1.8M | $206K | 25x | |
| Ondo Perps TTWO-USD.P | +0.0167% | 1h | 210.36 | −0.280% | $330K | $188K | 10x | as long as short |
| Paragon para:TTWO | +0.0452% | 1h | 210.64 | −0.148% | $1.1M | $151K | 10x | as long as short |
Ondo Perps TTWO-USD.P
Paragon para:TTWO