Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: GRVT against Bitget−0.093%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1061.059% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 3 days (all we have)+0.511%+$51 · spread now −0.093%, 7d avg +0.019%

Together, before fees+0.507%+ Points / potential airdropGRVT: Active · farm board+$51 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: GRVT is 0.112% 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 +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GIGGLEUSDT	38.730	0.0100	pay 0.0050% / 4h	59m 04s	$1.7M	$492K	25x
Short	GRVT GIGGLE_USDT_Perp	38.694	0.0100	get 0.0050% / 4h	59m 04s	$196K	$612K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.093%Rate

Funding earned: $0
Price spread: −0.093% → +0.019%: −$11.17
Slippage, 4 orders: −$84.93
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$117.11
Costs to cover: 1.059%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; GRVT: live order book, 19 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, 3 min ago	2.59 bp	31.8 bp −$32	101.7 bp −$1,017	doesn't fit	doesn't fit
Sell GRVT live order book, 19 min ago	5.19 bp	21.1 bp −$21	67.5 bp −$675	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	+0.0048%	4h	38.710	−0.052%	$482K	$32K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	38.746	+0.041%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.753	+0.059%	$11.0M	$13.4M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.760	+0.077%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.750	+0.052%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.730	0.000%	$387K	$542K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.710	−0.052%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDTlong	+0.0100%	4h	38.730	long leg	$1.7M	$492K	25x
Variational Omni GIGGLE	+0.0100%	4h	38.705	−0.065%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perpshort	+0.0100%	4h	38.694	−0.093%	$196K	$612K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GIGGLE-USDT	+0.0100%	4h	38.690	−0.103%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.730	0.000%	$2K	$184K	5x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.740	+0.026%	$1.5M	$614K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.750	+0.052%	—	$6.7M	—	as long as short