Funding arb · Price arb /

TTWO

RWAall TTWO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: OKX against Bybit+0.033%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$297as in the Funding arb table

Net, price: spread back to 7d avg − costs−$283as in the Price arb table

costs, in and out, $10k−$2882.882% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.033%, 7d avg −0.023%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.056% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TTWOUSDT	210.80	0	get 0.0000% / 8h	1h 24m	$1.8M	$210K	25x
Short	OKX TTWO-USDT-SWAP	210.87	0	get 0.0000% / 8h	1h 24m	$326K	$82K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → −0.023%: $5.59
Slippage, 4 orders: −$267.24
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$282.65
Costs to cover: 2.882%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 16 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, 2 min ago	7.35 bp	59.3 bp −$59	212.0 bp −$2,120	doesn't fit	doesn't fit
Sell OKX live order book, 16 min ago	1.66 bp	70.9 bp −$71	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
QFEX TTWO-USD	−0.0004%	1h	210.56	−0.114%	$1.2M	$2.7M	10x	as long as short
Binance TTWOUSDT	0.0000%	8h	210.57	−0.109%	$2.3M	$985K	25x	as long as short
Bybit TTWOUSDTlong	0.0000%	8h	210.80	long leg	$1.8M	$210K	25x
OKX TTWO-USDT-SWAPshort	0.0000%	8h	210.87	+0.033%	$326K	$82K	25x
Gate TTWO_USDT	0.0000%	8h	210.50	−0.142%	$715K	$13K	20x	as long as short
Bitget TTWOUSDT	0.0000%	8h	210.55	−0.119%	$895K	$94K	20x	as long as short
Variational Omni TTWO	0.0000%	8h	210.56	−0.115%	$81K	$56K	—	as long as short
Lighter TTWO	+0.0032%	1h	209.66	−0.541%	—	—	5x	as long as short
Extended TTWO-USD	+0.0040%	1h	209.89	−0.432%	$75K	$2K	10x	as long as short
Ondo Perps TTWO-USD.P	+0.0050%	1h	210.40	−0.190%	$327K	$209K	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	210.19	−0.289%	$94K	$1.0M	20x	as long as short
HTX TTWO-USDT	+0.0100%	8h	210.60	−0.095%	$3K	$39K	10x	as long as short
Paragon para:TTWO	+0.1555%	1h	210.03	−0.365%	$1.1M	$156K	10x	as long as short