Settings8H · net · $10k
Funding arb · Price arb /

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0114%/8h= −12.5% APRnext payment $0.57 per $10,000 · paid last 24h −0.042%
Price spread now: Gate against BingX−0.181%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.285%−$29 on $10k
Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.181%, 7d avg +0.003%
Together, before fees−0.071%−$7 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 Gate is 0.184% cheaper against BingX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GIGGLE-USDT38.7300.0214pay 0.0107% / 4h3h 20m$6.7M
ShortGate GIGGLE_USDT38.6600.0100get 0.0050% / 4h3h 20m$385K$544K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$23.94
Price spread: −0.181% → +0.003%
−$18.42
Slippage, 4 orders
−$75.56
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$142.91
Costs to cover
1.006%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Gate: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago15.52 bp29.0 bp −$2950.2 bp −$502517.4 bp −$51.7Kdoesn't fit
Sell Gate live order book, 51 min ago1.30 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit

GIGGLE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GIGGLEUSDT+0.0100%4h38.700−0.077%$10.9M$13.5M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.720−0.026%$1.6M$1.7M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.7300.000%$1.2M$4.1M50xas long as short
Gate GIGGLE_USDTshort+0.0100%4h38.660−0.181%$385K$544K50x
KuCoin GIGGLEUSDTM+0.0100%4h38.670−0.155%$2.1M$4.2M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.690−0.103%$1.7M$486K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.694−0.094%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.735+0.013%$204K$563K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.630−0.258%$2K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.659−0.183%$1K$172K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GIGGLE-USDT+0.0146%4h38.680−0.129%$477K$33K50xas long as short
MEXC GIGGLE_USDT+0.0214%4h38.690−0.103%$1.4M$628K50xas long as short
BingX GIGGLE-USDTlong+0.0214%4h38.730long leg$6.7M
Aster GIGGLEUSDT+0.0223%4h38.661−0.179%$51K$120K5xas long as short