Settings8H · net · $10k
Funding arb · Price arb /

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against BloFin+0.103%63s7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.766% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 3 days (all we have)+0.200%+$20 · spread now +0.103%, 7d avg +0.053%
Together, before fees+0.210%+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.050% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.053%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT38.7100.0048pay 0.0024% / 4h58m 11s$482K$32K50x
ShortGate GIGGLE_USDT38.7500.0100get 0.0050% / 4h58m 11s$387K$543K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$10.94
Price spread: +0.103% → +0.053%
$5.02
Slippage, 4 orders
−$49.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$60.63
Costs to cover
0.766%
Break-even
45.8 days
Slippage from BloFin: live order book, 18 min ago; Gate: live order book, 18 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 BloFin live order book, 18 min ago3.89 bp9.9 bp −$1017.5 bp −$175doesn't fitdoesn't fit
Sell Gate live order book, 18 min ago2.59 bp21.2 bp −$21doesn't fitdoesn't fitdoesn'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
BloFin GIGGLE-USDTlong+0.0048%4h38.710long leg$482K$32K50x
Aster GIGGLEUSDT+0.0100%4h38.762+0.134%$51K$112K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.740+0.077%$11.0M$13.4M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.760+0.129%$1.6M$1.7M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.720+0.026%$1.2M$4.0M50xas long as short
Gate GIGGLE_USDTshort+0.0100%4h38.750+0.103%$387K$543K50x
KuCoin GIGGLEUSDTM+0.0100%4h38.740+0.077%$2.1M$4.3M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.690−0.052%$1.7M$492K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.705−0.013%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.694−0.041%$196K$612K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h38.790+0.207%$2K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.752+0.108%$2K$184K5xas long as short
MEXC GIGGLE_USDT+0.0214%4h38.760+0.129%$1.5M$614K50xas long as short
BingX GIGGLE-USDT+0.0214%4h38.720+0.026%$6.7Mas long as short