Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Binance+0.039%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$770.770% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.039%, 7d avg −0.033%

Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 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: Extended is 0.072% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GIGGLEUSDT	38.408	0.0100	pay 0.0050% / 4h	28m 45s	$10.9M	$13.5M	50x
Short	Extended GIGGLE-USD	38.423	0.0104	get 0.0013% / 1h	28m 45s	$2K	$184K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.039%Rate

Funding earned: $0.84
Price spread: +0.039% → −0.033%: $7.2
Slippage, 4 orders: −$61.98
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$68.94
Costs to cover: 0.770%
Break-even: 581.5 days

Slippage from Binance: live order book, 12 min ago; Extended: live order book, 48 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, 12 min ago	1.30 bp	14.2 bp −$14	34.2 bp −$342	doesn't fit	doesn't fit
Sell Extended live order book, 48 min ago	3.24 bp	25.9 bp −$26	165.1 bp −$1,651	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	+0.0073%	4h	38.420	+0.032%	$478K	$32K	50x	as long as short
Binance GIGGLEUSDTlong	+0.0100%	4h	38.408	long leg	$10.9M	$13.5M	50x
Bybit GIGGLEUSDT	+0.0100%	4h	38.440	+0.084%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.460	+0.136%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.440	+0.084%	$385K	$548K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.420	+0.032%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.440	+0.084%	$1.7M	$496K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.446	+0.098%	$26K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.430	+0.057%	$203K	$574K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.410	+0.006%	$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-USDshort	+0.0104%	1h	38.423	+0.039%	$2K	$184K	5x
Aster GIGGLEUSDT	+0.0113%	4h	38.466	+0.152%	$51K	$113K	5x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.430	+0.058%	$1.5M	$621K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.440	+0.084%	—	$6.7M	—	as long as short