GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.004%

Price spread now: Bybit against BloFin+0.156%7-day average +0.084% · 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−$86as in the Price arb table

costs, in and out, $10k−$940.936% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 3 days (all we have)+0.086%+$9 · spread now +0.156%, 7d avg +0.084%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.072% dearer against BloFin than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.084%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.0 days. At the pace of the last 7 days (−0.005% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GIGGLE-USDT	38.540	0.0130	pay 0.0065% / 4h	1h 22m	$475K	$32K	50x
Short	Bybit GIGGLEUSDT	38.600	0.0100	get 0.0050% / 4h	1h 22m	$1.6M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.156%Rate

Funding earned: −$6.32
Price spread: +0.156% → +0.084%: $7.22
Slippage, 4 orders: −$70.57
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$92.67
Costs to cover: 0.936%
Break-even: never at this rate

Slippage from BloFin: live order book, 58 min ago; Bybit: live order book, 4 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 BloFin live order book, 58 min ago	3.89 bp	17.1 bp −$17	34.0 bp −$340	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.30 bp	30.5 bp −$30	436.3 bp −$4,363	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
Aster GIGGLEUSDT	+0.0100%	4h	38.591	+0.131%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.590	+0.130%	$10.9M	$13.3M	50x	as long as short
Bybit GIGGLEUSDTshort	+0.0100%	4h	38.600	+0.156%	$1.6M	$1.7M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.610	+0.182%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.550	+0.026%	$385K	$548K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.550	+0.026%	$2.1M	$4.4M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.560	+0.052%	$1.7M	$491K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.460	−0.207%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.522	−0.047%	$195K	$612K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.550	+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	38.562	+0.058%	$2K	$184K	5x	as long as short
BloFin GIGGLE-USDTlong	+0.0130%	4h	38.540	long leg	$475K	$32K	50x
MEXC GIGGLE_USDT	+0.0214%	4h	38.560	+0.052%	$1.5M	$634K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.610	+0.182%	—	$6.7M	—	as long as short