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

TTWO

RWAall TTWO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.1359%/8h= −148.8% APRnext payment $1.70 per $10,000 · paid last 24h
Price spread now: Paragon against Lighter+0.365%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Paragon is 0.365% dearer against Lighter than usual: you sell high and buy low (spread +0.365% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TTWO209.660.0032pay 0.0004% / 1h59m 32s5x
ShortParagon para:TTWO210.43−0.1327pay 0.0166% / 1h59m 32s$1.1M$161K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against Lighter. 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
−$285.33
Price spread: +0.365% → 0.000%
$36.5
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$258.83
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; Paragon: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Paragon live order book, 8 min ago20.92 bp143.1 bp −$143221.7 bp −$2,217doesn't fitdoesn't fit
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Paragon para:TTWOshort−0.1327%1h210.43+0.365%$1.1M$161K10x
Bybit TTWOUSDT0.0000%8h210.28+0.296%$1.8M$219K25xas long as short
Gate TTWO_USDT0.0000%8h210.10+0.210%$713K$13K20xas long as short
Bitget TTWOUSDT0.0000%8h210.33+0.320%$902K$85K20xas long as short
QFEX TTWO-USD+0.0025%1h210.13+0.224%$1.2M$3.1M10xas long as short
Lighter TTWOlong+0.0032%1h209.66long leg5x
Extended TTWO-USD+0.0040%1h209.89+0.110%$75K$2K10xas long as short
OKX TTWO-USDT-SWAP+0.0042%8h210.35+0.329%$326K$89K25xas long as short
KuCoin TTWOUSDTM+0.0100%8h209.85+0.091%$93K$1.0M20xas long as short
HTX TTWO-USDT+0.0100%8h210.13+0.224%$3K$38K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TTWO+0.0438%8h210.12+0.219%$80K$55Kas long as short
Binance TTWOUSDT+0.0502%8h210.10+0.210%$2.3M$935K25xas long as short
Ondo Perps TTWO-USD.P+0.0621%1h209.98+0.153%$334K$207K10xas long as short