Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit−0.103%7-day average −0.058% · 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−$111as in the Price arb table

costs, in and out, $10k−$1071.067% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days+0.050%+$5 · spread now −0.103%, 7d avg −0.058%

Together, before fees+0.048%+$5 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: Binance is 0.045% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	38.710	0.0100	pay 0.0050% / 4h	3m 20s	$1.6M	$1.8M	25x
Short	Binance GIGGLEUSDT	38.670	0.0100	get 0.0050% / 4h	3m 20s	$11.0M	$14.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.103%Rate

Funding earned: $0
Price spread: −0.103% → −0.058%: −$4.52
Slippage, 4 orders: −$85.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$111.22
Costs to cover: 1.067%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 7 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 Bybit live order book, 3 min ago	1.30 bp	38.3 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	1.29 bp	12.3 bp −$12	24.8 bp −$248	457.0 bp −$45.7K	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	38.634	−0.195%	$46K	$133K	5x	as long as short
Binance GIGGLEUSDTshort	+0.0100%	4h	38.670	−0.103%	$11.0M	$14.0M	50x
Bybit GIGGLEUSDTlong	+0.0100%	4h	38.710	long leg	$1.6M	$1.8M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.700	−0.026%	$1.3M	$4.3M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.630	−0.207%	$368K	$557K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.630	−0.207%	$2.1M	$3.9M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.660	−0.129%	$1.7M	$456K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.593	−0.302%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.611	−0.256%	$203K	$505K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.580	−0.336%	$2K	$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
BloFin GIGGLE-USDT	+0.0104%	4h	38.570	−0.362%	$477K	$36K	50x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.639	−0.184%	$1K	$163K	5x	as long as short
MEXC GIGGLE_USDT	+0.0228%	4h	38.650	−0.155%	$1.3M	$658K	50x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	38.690	−0.052%	—	$6.6M	—	as long as short