Funding you earn now, next payment 08:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.90 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.051%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2232.232% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now −0.051%, 7d avg +0.043%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.094% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GIGGLEUSDT | 38.890 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $11.2M | $15.9M | 50x |
| Short | KuCoin GIGGLEUSDTM | 38.870 | −0.0080 | pay 0.0040% / 4h | 2h 15m | $2.0M | $3.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$37.8
- Price spread: −0.051% → +0.043%
- −$9.43
- Slippage, 4 orders
- −$201.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$270.48
- Costs to cover
- 2.232%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 2 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, 11 min ago | 1.29 bp | 14.5 bp −$15 | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.57 bp | 31.1 bp −$31 | 743.7 bp −$7,437 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GIGGLEUSDTMshort | −0.0080% | 4h | 38.870 | −0.051% | $2.0M | $3.8M | 50x | |
| Aster GIGGLEUSDT | +0.0100% | 4h | 38.926 | +0.093% | $47K | $136K | 5x | as long as short |
| Binance GIGGLEUSDTlong | +0.0100% | 4h | 38.890 | long leg | $11.2M | $15.9M | 50x | |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.920 | +0.077% | $1.6M | $2.0M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.910 | +0.051% | $1.4M | $4.9M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.910 | +0.051% | $366K | $609K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.910 | +0.051% | $1.7M | $476K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.954 | +0.163% | $25K | $5K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.966 | +0.196% | $205K | $470K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.960 | +0.180% | $1K | $1.5M | 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 | 38.874 | −0.041% | $887 | $167K | 5x | as long as short |
| BloFin GIGGLE-USDT | +0.0111% | 4h | 38.920 | +0.077% | $484K | $40K | 50x | as long as short |
| MEXC GIGGLE_USDT | +0.0228% | 4h | 38.890 | 0.000% | $1.4M | $703K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0228% | 4h | 38.920 | +0.077% | — | $6.7M | — | as long as short |
Binance GIGGLEUSDT
KuCoin GIGGLEUSDTM
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
BloFin GIGGLE-USDT
MEXC GIGGLE_USDT
BingX GIGGLE-USDT