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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.030%
Price spread now: OKX against BloFin−0.103%93s7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.770% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.438%+$44 · spread now −0.103%, 7d avg +0.083%
Together, before fees+0.466%+$47 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: OKX is 0.186% cheaper against BloFin than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.083%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT38.9000.0097pay 0.0049% / 4h3h 51m$479K$37K50x
ShortOKX GIGGLE-USDT-SWAP38.8600.0100get 0.0050% / 4h3h 51m$1.3M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0.55
Price spread: −0.103% → +0.083%
−$18.6
Slippage, 4 orders
−$54.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$95.03
Costs to cover
0.770%
Break-even
1213.8 days
Slippage from BloFin: live order book, 44 min ago; OKX: live order book, 1 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, 44 min ago1.30 bp13.2 bp −$1329.4 bp −$294doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.28 bp20.2 bp −$20107.6 bp −$1,076doesn'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+0.0097%4h38.900long leg$479K$37K50x
Aster GIGGLEUSDT+0.0100%4h38.839−0.158%$46K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.802−0.252%$11.0M$14.1M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.840−0.154%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAPshort+0.0100%4h38.860−0.103%$1.3M$4.3M50x
KuCoin GIGGLEUSDTM+0.0100%4h38.840−0.154%$2.1M$3.9M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.870−0.077%$1.7M$456K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.858−0.107%$27K$3Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.752−0.381%$204K$493K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.840−0.154%$1K$1.3M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.840−0.155%$4K$167K5xas long as short
MEXC GIGGLE_USDT+0.0228%4h38.840−0.154%$1.4M$655K50xas long as short
BingX GIGGLE-USDT+0.0228%4h38.880−0.051%$6.6Mas long as short
Gate GIGGLE_USDT+0.0524%4h38.870−0.077%$366K$559K50xas long as short