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−0.0088%/8h= −9.7% APRnext payment $0.11 per $10,000 · paid last 24h +0.556%
Price spread now: Paragon against Ondo Perps−0.050%7-day average +0.049% · you buy dearer than you sell
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 days+2.331%+$233 on $10k
Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.050%, 7d avg +0.049%
Together, before fees+2.541%+ Points / potential airdropOndo Perps: Active · farm board+$254 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Paragon is 0.099% cheaper against Ondo Perps than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.049%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.331%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps TTWO-USD.P210.860.0218pay 0.0027% / 1h42m 41s$331K$188K10x
ShortParagon para:TTWO210.760.0130get 0.0016% / 1h42m 41s$1.1M$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against Ondo Perps. 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
−$18.54
Price spread: −0.050% → +0.049%
−$9.89
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$43.43
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Paragon: live order book, 7 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 Ondo Perps no order-book sample
Sell Paragon live order book, 7 min ago34.16 bp44.7 bp −$45102.5 bp −$1,025doesn't fitdoesn't fit
Ondo Perps: 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 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+0.237%$327K$76K25xas long as short
Gate TTWO_USDT0.0000%8h211.00+0.066%$716K$12K20xas long as short
Bitget TTWOUSDT0.0000%8h211.02+0.076%$890K$92K20xas long as short
Lighter TTWO+0.0032%1h210.59−0.128%5xas long as short
Variational Omni TTWO+0.0034%8h211.05+0.088%$79K$58Kas long as short
Extended TTWO-USD+0.0040%1h210.59−0.126%$75K$99810xas long as short
Bybit TTWOUSDT+0.0056%8h211.14+0.133%$1.8M$391K25xas long as short
KuCoin TTWOUSDTM+0.0100%8h210.71−0.071%$95K$1.0M20xas long as short
HTX TTWO-USDT+0.0100%8h211.06+0.095%$3K$40K10xas long as short
Paragon para:TTWOshort+0.0130%1h210.76−0.050%$1.1M$151K10x
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX TTWO-USD+0.0160%1h210.93+0.033%$1.2M$2.6M10xas long as short
Binance TTWOUSDT+0.0184%8h211.12+0.122%$2.3M$1.0M25xas long as short
Ondo Perps TTWO-USD.Plong+0.0218%1h210.86long leg$331K$188K10x