Embodiments herein describe a continuous wave two-way optical time two-way transfer system. The embodiments herein lock a local frequency comb to a clock (e.g., optical/microwave atomic clock, Fabry-Perot optical reference cavity, etc.) in a local platform. The platform then generates two CW optical signals with different frequencies and locks those optical signals to the local frequency comb. The local platform then transmits its two CW optical signals to a remote platform and receives CW optical signals (having approximately the same frequencies as the two CW optical signals generated by the local platform) from the remote platform. Based on comparing its local CW optical signals with the received CW optical signals, the local platform can determine a timing deviation between its clock and a clock in the second platform.