Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Binance+0.112%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$970.971% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.025%−$3 · spread now +0.112%, 7d avg +0.059%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.053% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GIGGLEUSDT	38.417	0.0100	pay 0.0050% / 4h	31m 43s	$10.9M	$13.5M	50x
Short	Bybit GIGGLEUSDT	38.460	0.0100	get 0.0050% / 4h	31m 43s	$1.6M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → +0.059%: $5.28
Slippage, 4 orders: −$76.12
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$91.83
Costs to cover: 0.971%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 5 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, 9 min ago	1.30 bp	14.2 bp −$14	34.2 bp −$342	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.30 bp	32.9 bp −$33	417.9 bp −$4,179	doesn't fit	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
BloFin GIGGLE-USDT	+0.0083%	4h	38.410	−0.018%	$480K	$32K	50x	as long as short
Binance GIGGLEUSDTlong	+0.0100%	4h	38.417	long leg	$10.9M	$13.5M	50x
Bybit GIGGLEUSDTshort	+0.0100%	4h	38.460	+0.112%	$1.6M	$1.7M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.440	+0.060%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.430	+0.034%	$385K	$548K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.420	+0.008%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.440	+0.060%	$1.7M	$496K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.551	+0.347%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.540	+0.320%	$204K	$574K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.410	−0.018%	$1K	$1.3M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GIGGLE-USD	+0.0104%	1h	38.413	−0.011%	$2K	$184K	5x	as long as short
Aster GIGGLEUSDT	+0.0111%	4h	38.454	+0.097%	$51K	$113K	5x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.420	+0.008%	$1.5M	$621K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.440	+0.060%	—	$6.7M	—	as long as short