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 −0.077%

Price spread now: GRVT against BingX−0.172%54s7-day average +0.002% · 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—prices read too far apart to compare

costs, in and out, $10k−$1121.122% of the position

Long on BingX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.321%−$32 on $10k

Price spread, last 3 days (all we have)+0.479%+$48 · spread now −0.172%, 7d avg +0.002%

Together, before fees+0.158%+ Points / potential airdropGRVT: Active · farm board+$16 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 GRVT is 0.174% cheaper against BingX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GIGGLE-USDT	38.340	0.0214	pay 0.0107% / 4h	8m 45s	—	$6.7M	—
Short	GRVT GIGGLE_USDT_Perp	38.274	0.0100	get 0.0050% / 4h	8m 45s	$202K	$574K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.172%Rate

Funding earned: −$23.94
Price spread: −0.172% → +0.002%: −$17.39
Slippage, 4 orders: −$93.17
Fee BingX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$153.5
Costs to cover: 1.122%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; GRVT: live order book, 4 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	15.67 bp	26.7 bp −$27	42.2 bp −$422	344.4 bp −$34.4K	doesn't fit
Sell GRVT live order book, 4 min ago	3.92 bp	22.0 bp −$22	34.7 bp −$347	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	+0.0090%	4h	38.330	−0.026%	$476K	$32K	50x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.319	−0.056%	$10.8M	$13.6M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.360	+0.052%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.350	+0.026%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.310	−0.078%	$384K	$549K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.310	−0.078%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.330	−0.026%	$1.7M	$501K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.299	−0.106%	$26K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perpshort	+0.0100%	4h	38.274	−0.172%	$202K	$574K	10x
SunX GIGGLE-USDT	+0.0100%	4h	38.290	−0.130%	$2K	$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-USD	+0.0104%	1h	38.313	−0.072%	$2K	$184K	5x	as long as short
Aster GIGGLEUSDT	+0.0140%	4h	38.336	−0.010%	$51K	$113K	5x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.310	−0.078%	$1.4M	$628K	50x	as long as short
BingX GIGGLE-USDTlong	+0.0214%	4h	38.340	long leg	—	$6.7M	—