Funding you earn now, next payment 08:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against Binance−0.013%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$790.790% of the position
Funding, last 7 days+0.301%+$30 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.013%, 7d avg +0.021%
=Funding pays, the price is against you. BingX is 0.035% cheaper against Binance than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.021%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GIGGLEUSDT | 39.665 | 0.0100 | pay 0.0050% / 4h | 52m 44s | $11.7M | $17.6M | 50x |
| Short | BingX GIGGLE-USDT | 39.660 | 0.0238 | get 0.0119% / 4h | 52m 44s | — | $6.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $28.98
- Price spread: −0.013% → +0.021%
- −$3.46
- Slippage, 4 orders
- −$59.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$53.51
- Costs to cover
- 0.790%
- Break-even
- 19.9 days
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 15 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 Binance live order book, 3 min ago | 1.26 bp | 15.7 bp −$16 | 37.5 bp −$375 | 721.3 bp −$72.1K | doesn't fit |
| Sell BingX live order book, 15 min ago | 13.84 bp | 22.7 bp −$23 | 41.7 bp −$417 | 151.3 bp −$15.1K | doesn't fit |
GIGGLE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GIGGLEUSDTM | −0.0070% | 4h | 39.610 | −0.140% | $2.1M | $3.7M | 50x | as long as short |
| BloFin GIGGLE-USDT | +0.0080% | 4h | 39.720 | +0.138% | $502K | $46K | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.677 | +0.029% | $49K | $134K | 5x | as long as short |
| Binance GIGGLEUSDTlong | +0.0100% | 4h | 39.665 | long leg | $11.7M | $17.6M | 50x | |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.680 | +0.037% | $1.7M | $2.1M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.650 | −0.039% | $1.4M | $5.3M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.650 | −0.039% | $387K | $640K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.700 | +0.087% | $1.7M | $484K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.883 | +0.548% | $28K | $7K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.835 | +0.429% | $202K | $480K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX GIGGLE-USDT | +0.0100% | 4h | 39.710 | +0.113% | $2K | $1.6M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 39.669 | +0.008% | $3K | $185K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0238% | 4h | 39.640 | −0.064% | $1.5M | $779K | 50x | as long as short |
| BingX GIGGLE-USDTshort | +0.0238% | 4h | 39.660 | −0.013% | — | $6.7M | — |
Binance GIGGLEUSDT
BingX GIGGLE-USDT
KuCoin GIGGLEUSDTM
BloFin GIGGLE-USDT
Aster GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT