Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Bitget−0.026%7-day average +0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1501.500% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days+0.155%+$16 · spread now −0.026%, 7d avg +0.082%

Together, before fees+0.172%+$17 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: Bybit is 0.108% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GIGGLEUSDT	38.670	0.0100	pay 0.0050% / 4h	2h 31m	$1.7M	$466K	25x
Short	Bybit GIGGLEUSDT	38.660	0.0100	get 0.0050% / 4h	2h 31m	$1.6M	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → +0.082%: −$10.8
Slippage, 4 orders: −$126.99
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$160.79
Costs to cover: 1.500%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 10 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 Bitget live order book, 5 min ago	3.87 bp	28.5 bp −$28	128.7 bp −$1,287	doesn't fit	doesn't fit
Sell Bybit live order book, 10 min ago	1.29 bp	39.3 bp −$39	505.9 bp −$5,059	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
KuCoin GIGGLEUSDTM	−0.0082%	4h	38.640	−0.078%	$2.0M	$3.8M	50x	as long as short
BloFin GIGGLE-USDT	+0.0078%	4h	38.630	−0.103%	$490K	$39K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	38.684	+0.036%	$46K	$136K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.640	−0.078%	$11.2M	$15.5M	50x	as long as short
Bybit GIGGLEUSDTshort	+0.0100%	4h	38.660	−0.026%	$1.6M	$1.9M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.620	−0.129%	$1.3M	$4.7M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.690	+0.052%	$363K	$596K	50x	as long as short
Bitget GIGGLEUSDTlong	+0.0100%	4h	38.670	long leg	$1.7M	$466K	25x
Variational Omni GIGGLE	+0.0100%	4h	38.829	+0.411%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.729	+0.153%	$204K	$470K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GIGGLE-USDT	+0.0100%	4h	38.680	+0.026%	$2K	$1.4M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.624	−0.120%	$4K	$169K	5x	as long as short
MEXC GIGGLE_USDT	+0.0228%	4h	38.630	−0.103%	$1.4M	$687K	50x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	38.650	−0.052%	—	$6.7M	—	as long as short