Funding you earn now, next payment 05:00 UTC+0.0977%/8h= +107.0% APRnext payment +$1.22 per $10,000 · paid last 24h +0.251%
Price spread now: Paragon against QFEX−0.008%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
Funding, last 4 days (all we have)+0.795%+$80 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.008%, 7d avg +0.034%
=Funding pays, the price is against you. Paragon is 0.042% cheaper against QFEX than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.034%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$29 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX TTWO-USD | 210.19 | 0.0020 | pay 0.0002% / 1h | 37m 24s | $1.2M | $3.0M | 10x |
| Short | Paragon para:TTWO | 210.17 | 0.0997 | get 0.0125% / 1h | 37m 24s | $1.1M | $148K | 10x |
QFEX TTWO-USD
Paragon para:TTWOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against QFEX. 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
- $205.19
- Price spread: −0.008% → +0.034%
- −$4.18
- Slippage, 4 orders
- −$94.64
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $86.36
- Costs to cover
- 1.146%
- Break-even
- 4.1 days
Slippage from QFEX: live order book, 5 min ago; Paragon: live order book, 10 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 QFEX live order book, 5 min ago | 2.38 bp | 10.0 bp −$10 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 10 min ago | 42.33 bp | 47.6 bp −$48 | 166.0 bp −$1,660 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TTWOUSDT | 0.0000% | 8h | 210.24 | +0.024% | $1.8M | $213K | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.21 | +0.010% | $326K | $90K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.10 | −0.043% | $713K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.03 | −0.076% | $892K | $90K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.10 | −0.041% | $80K | $55K | — | as long as short |
| QFEX TTWO-USDlong | +0.0020% | 1h | 210.19 | long leg | $1.2M | $3.0M | 10x | |
| Binance TTWOUSDT | +0.0029% | 8h | 210.16 | −0.016% | $2.3M | $904K | 25x | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.252% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.143% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 209.77 | −0.200% | $331K | $203K | 10x | as long as short |
Bybit TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
Binance TTWOUSDT
Lighter TTWO
Extended TTWO-USD
Ondo Perps TTWO-USD.PShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTM | +0.0100% | 8h | 209.70 | −0.233% | $94K | $1.0M | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.14 | −0.024% | $3K | $38K | 10x | as long as short |
| Paragon para:TTWOshort | +0.0997% | 1h | 210.17 | −0.008% | $1.1M | $148K | 10x |
KuCoin TTWOUSDTM
HTX TTWO-USDT