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+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against BloFin−0.059%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 3 days (all we have)+0.255%+$26 · spread now −0.059%, 7d avg +0.016%
Together, before fees+0.234%+ Points / potential airdropGRVT: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.075% cheaper against BloFin than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.016%). If the spread goes back, that is −$8 on $10k: about 13 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT38.4400.0080pay 0.0040% / 4h2h 48m$481K$35K50x
ShortGRVT GIGGLE_USDT_Perp38.4170.0100get 0.0050% / 4h2h 48m$203K$548K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$4.15
Price spread: −0.059% → +0.016%
−$7.51
Slippage, 4 orders
−$84.21
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$108.57
Costs to cover
1.052%
Break-even
190.0 days
Slippage from BloFin: live order book, 17 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 17 min ago3.86 bp11.7 bp −$1222.3 bp −$223doesn't fitdoesn't fit
Sell GRVT live order book, 19 min ago3.86 bp35.5 bp −$36152.2 bp −$1,522doesn'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+0.0080%4h38.440long leg$481K$35K50x
Aster GIGGLEUSDT+0.0100%4h38.4400.000%$51K$121K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.430−0.026%$10.9M$13.7M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.450+0.026%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.460+0.052%$1.2M$4.1M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.450+0.026%$374K$541K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.450+0.026%$2.1M$4.1M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.430−0.026%$1.7M$474K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.384−0.146%$26K$4Kas long as short
GRVT GIGGLE_USDT_Perpshort+0.0100%4h38.417−0.059%$203K$548K10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h38.460+0.052%$2K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.451+0.028%$3K$171K5xas long as short
MEXC GIGGLE_USDT+0.0214%4h38.480+0.104%$1.3M$642K50xas long as short
BingX GIGGLE-USDT+0.0214%4h38.450+0.026%$6.7Mas long as short