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+0.0128%/8h= +14.0% APRnext payment +$0.64 per $10,000 · paid last 24h +0.057%
Price spread now: BingX against Bitget+0.078%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.317%+$32 on $10k
Price spread, last 7 days−0.020%−$2 · spread now +0.078%, 7d avg +0.042%
Together, before fees+0.296%+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.035% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GIGGLEUSDT38.5500.0100pay 0.0050% / 4h1h 44m$1.7M$469K25x
ShortBingX GIGGLE-USDT38.5800.0228get 0.0114% / 4h1h 44m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
$26.88
Price spread: +0.078% → +0.042%
$3.54
Slippage, 4 orders
−$103.9
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$95.47
Costs to cover
1.259%
Break-even
31.9 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 7 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 Bitget live order book, 2 min ago3.89 bp39.2 bp −$39166.8 bp −$1,668doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago12.89 bp29.6 bp −$3041.6 bp −$416202.0 bp −$20.2Kdoesn'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
Aster GIGGLEUSDT+0.0100%4h38.578+0.072%$49K$128K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.560+0.026%$10.9M$13.8M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.600+0.130%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.580+0.078%$1.2M$4.1M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.5500.000%$368K$537K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.540−0.026%$2.1M$4.1M50xas long as short
Bitget GIGGLEUSDTlong+0.0100%4h38.550long leg$1.7M$469K25x
Variational Omni GIGGLE+0.0100%4h38.598+0.125%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.591+0.107%$204K$526K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.580+0.078%$1K$1.3M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.567+0.043%$909$164K5xas long as short
BloFin GIGGLE-USDT+0.0137%4h38.500−0.130%$480K$35K50xas long as short
MEXC GIGGLE_USDT+0.0228%4h38.560+0.026%$1.3M$639K50xas long as short
BingX GIGGLE-USDTshort+0.0228%4h38.580+0.078%$6.7M