Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%

Price spread now: MEXC against BingX−0.077%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$700.695% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.058%+$6 · spread now −0.077%, 7d avg −0.035%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.042% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GIGGLE-USDT	38.740	0.0228	pay 0.0114% / 4h	0m 08s	—	$6.7M	—
Short	MEXC GIGGLE_USDT	38.710	0.0228	get 0.0114% / 4h	0m 08s	$1.3M	$658K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.077%Rate

Funding earned: $0
Price spread: −0.077% → −0.035%: −$4.23
Slippage, 4 orders: −$55.51
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$73.74
Costs to cover: 0.695%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 1 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	15.51 bp	29.1 bp −$29	51.7 bp −$517	583.2 bp −$58.3K	doesn't fit
Sell MEXC live order book, 1 min ago	2.58 bp	6.2 bp −$6	24.0 bp −$240	110.8 bp −$11.1K	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
Aster GIGGLEUSDT	+0.0100%	4h	38.712	−0.073%	$46K	$133K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.710	−0.077%	$11.0M	$14.0M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.760	+0.052%	$1.6M	$1.8M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.760	+0.052%	$1.3M	$4.3M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.730	−0.026%	$365K	$560K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.680	−0.155%	$2.1M	$3.9M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.690	−0.129%	$1.7M	$456K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.793	+0.137%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.665	−0.194%	$204K	$505K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.730	−0.026%	$1K	$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	38.728	−0.030%	$1K	$163K	5x	as long as short
BloFin GIGGLE-USDT	+0.0148%	4h	38.770	+0.077%	$478K	$37K	50x	as long as short
MEXC GIGGLE_USDTshort	+0.0228%	4h	38.710	−0.077%	$1.3M	$658K	50x
BingX GIGGLE-USDTlong	+0.0228%	4h	38.740	long leg	—	$6.7M	—