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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0862%/8h= +94.4% APRpaid last 24h +0.301%
Price spread now: Paragon against KuCoin+0.031%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$485as in the Funding arb table
Net, price: spread back to 7d avg − costs−$672as in the Price arb table
costs, in and out, $10k−$6686.677% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.830%+$183 on $10k
Price spread, last 7 days−0.132%−$13 · spread now +0.031%, 7d avg +0.073%
Together, before fees+1.699%+$170 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.031% now, against its 7-day average of +0.073%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$26 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TTWOUSDTM210.320.0100pay 0.0100% / 8h30m 44s$94K$981K20x
ShortParagon para:TTWO210.390.0962get 0.0120% / 1h30m 44s$1.1M$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against KuCoin. 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
$181.12
Price spread: +0.031% → +0.073%
−$4.15
Slippage, 4 orders
−$645.7
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$490.73
Costs to cover
6.677%
Break-even
26.0 days
Slippage from KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago15.94 bp265.8 bp −$266doesn't fitdoesn't fitdoesn't fit
Sell Paragon live order book, 6 min ago16.16 bp40.9 bp −$41143.9 bp −$1,439doesn'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 TTWOUSDT0.0000%8h210.60+0.133%$2.3M$964K25xas long as short
Bybit TTWOUSDT0.0000%8h210.72+0.190%$1.8M$210K25xas long as short
OKX TTWO-USDT-SWAP0.0000%8h210.80+0.228%$326K$81K25xas long as short
Gate TTWO_USDT0.0000%8h210.50+0.086%$715K$12K20xas long as short
Bitget TTWOUSDT0.0000%8h210.53+0.100%$895K$94K20xas long as short
Variational Omni TTWO0.0000%8h210.56+0.112%$81K$56Kas long as short
QFEX TTWO-USD+0.0024%1h210.52+0.095%$1.2M$2.7M10xas long as short
Lighter TTWO+0.0032%1h209.66−0.314%5xas long as short
Extended TTWO-USD+0.0040%1h209.89−0.204%$75K$2K10xas long as short
KuCoin TTWOUSDTMlong+0.0100%8h210.32long leg$94K$981K20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TTWO-USDT+0.0100%8h210.60+0.133%$3K$39K10xas long as short
Ondo Perps TTWO-USD.P+0.0294%1h210.28−0.019%$328K$207K10xas long as short
Paragon para:TTWOshort+0.0962%1h210.39+0.031%$1.1M$156K10x