GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.57 per $10,000 · paid last 24h −0.057%

Price spread now: Bybit against BingX−0.026%7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1141.141% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.301%−$30 on $10k

Price spread, last 7 days+0.069%+$7 · spread now −0.026%, 7d avg +0.039%

Together, before fees−0.232%−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.065% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.039%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GIGGLE-USDT	38.760	0.0214	pay 0.0107% / 4h	59m 22s	—	$6.7M	—
Short	Bybit GIGGLEUSDT	38.750	0.0100	get 0.0050% / 4h	59m 22s	$1.6M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$23.94
Price spread: −0.026% → +0.039%: −$6.48
Slippage, 4 orders: −$93.07
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$144.49
Costs to cover: 1.141%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Bybit: 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 BingX live order book, 3 min ago	16.79 bp	25.6 bp −$26	49.3 bp −$493	585.7 bp −$58.6K	doesn't fit
Sell Bybit live order book, 2 min ago	2.58 bp	27.0 bp −$27	418.6 bp −$4,186	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	+0.0097%	4h	38.710	−0.129%	$478K	$32K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	38.721	−0.100%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.738	−0.056%	$11.0M	$13.4M	50x	as long as short
Bybit GIGGLEUSDTshort	+0.0100%	4h	38.750	−0.026%	$1.6M	$1.7M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.760	0.000%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.710	−0.129%	$387K	$542K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.700	−0.155%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.710	−0.129%	$1.7M	$492K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.705	−0.142%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.694	−0.170%	$196K	$612K	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	38.710	−0.129%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.691	−0.177%	$2K	$184K	5x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.720	−0.103%	$1.5M	$614K	50x	as long as short
BingX GIGGLE-USDTlong	+0.0214%	4h	38.760	long leg	—	$6.7M	—