Funding you earn now, next payment 00:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.57 per $10,000 · paid last 24h −0.052%
Price spread now: KuCoin against BingX−0.104%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1401.397% of the position
Funding, last 7 days−0.296%−$30 on $10k
+Price spread, last 7 days+0.157%+$16 · spread now −0.104%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.133% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GIGGLE-USDT | 38.450 | 0.0214 | pay 0.0107% / 4h | 1m 28s | — | $6.7M | — |
| Short | KuCoin GIGGLEUSDTM | 38.410 | 0.0100 | get 0.0050% / 4h | 1m 28s | $2.1M | $4.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.104% → +0.029%
- −$13.27
- Slippage, 4 orders
- −$117.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$176.94
- Costs to cover
- 1.397%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 6 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, 10 min ago | 15.67 bp | 26.7 bp −$27 | 42.2 bp −$422 | 344.4 bp −$34.4K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.31 bp | 39.5 bp −$39 | 771.1 bp −$7,711 | 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 | 38.426 | −0.063% | $10.8M | $13.6M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.450 | 0.000% | $1.6M | $1.7M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.450 | 0.000% | $1.2M | $4.0M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.430 | −0.052% | $385K | $549K | 50x | as long as short |
| KuCoin GIGGLEUSDTMshort | +0.0100% | 4h | 38.410 | −0.104% | $2.1M | $4.2M | 50x | |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.430 | −0.052% | $1.7M | $501K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.345 | −0.274% | $26K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.330 | −0.312% | $202K | $574K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.400 | −0.130% | $2K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.403 | −0.123% | $2K | $184K | 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 | +0.0119% | 4h | 38.400 | −0.130% | $472K | $32K | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0166% | 4h | 38.455 | +0.014% | $51K | $113K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0214% | 4h | 38.420 | −0.078% | $1.5M | $629K | 50x | as long as short |
| BingX GIGGLE-USDTlong | +0.0214% | 4h | 38.450 | long leg | — | $6.7M | — |
BingX GIGGLE-USDT
KuCoin GIGGLEUSDTM
Binance 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
Aster GIGGLEUSDT
MEXC GIGGLE_USDT