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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GIGGLE-USDT | 38.730 | 0.0214 | pay 0.0107% / 4h | 3h 20m | — | $6.7M | — |
| Short | Gate GIGGLE_USDT | 38.660 | 0.0100 | get 0.0050% / 4h | 3h 20m | $385K | $544K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 2 min ago | 15.52 bp | 29.0 bp −$29 | 50.2 bp −$502 | 517.4 bp −$51.7K | doesn't fit |
| Sell Gate live order book, 51 min ago | 1.30 bp | 23.3 bp −$23 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.700 | −0.077% | $10.9M | $13.5M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.720 | −0.026% | $1.6M | $1.7M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.730 | 0.000% | $1.2M | $4.1M | 50x | as long as short |
| Gate GIGGLE_USDTshort | +0.0100% | 4h | 38.660 | −0.181% | $385K | $544K | 50x | |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.670 | −0.155% | $2.1M | $4.2M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.690 | −0.103% | $1.7M | $486K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.694 | −0.094% | $27K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.735 | +0.013% | $204K | $563K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.630 | −0.258% | $2K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.659 | −0.183% | $1K | $172K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GIGGLE-USDT | +0.0146% | 4h | 38.680 | −0.129% | $477K | $33K | 50x | as long as short |
| MEXC GIGGLE_USDT | +0.0214% | 4h | 38.690 | −0.103% | $1.4M | $628K | 50x | as long as short |
| BingX GIGGLE-USDTlong | +0.0214% | 4h | 38.730 | long leg | — | $6.7M | — | |
| Aster GIGGLEUSDT | +0.0223% | 4h | 38.661 | −0.179% | $51K | $120K | 5x | as long as short |
BingX GIGGLE-USDT
Gate GIGGLE_USDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
BloFin GIGGLE-USDT
MEXC GIGGLE_USDT
Aster GIGGLEUSDT