Funding you earn now, next payment 00:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.057%
Price spread now: BingX against Bybit−0.078%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1141.144% of the position
Funding, last 7 days+0.301%+$30 on $10k
+Price spread, last 7 days+0.035%+$4 · spread now −0.078%, 7d avg −0.039%
=Funding pays, the price is against you. BingX is 0.039% cheaper against Bybit than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.039%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GIGGLEUSDT | 38.350 | 0.0100 | pay 0.0050% / 4h | 7m 39s | $1.6M | $1.7M | 25x |
| Short | BingX GIGGLE-USDT | 38.320 | 0.0214 | get 0.0107% / 4h | 7m 39s | — | $6.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $23.94
- Price spread: −0.078% → −0.039%
- −$3.94
- Slippage, 4 orders
- −$93.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$94.42
- Costs to cover
- 1.144%
- Break-even
- 34.6 days
Slippage from Bybit: live order book, 4 min ago; BingX: 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 Bybit live order book, 4 min ago | 1.31 bp | 33.7 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 15.67 bp | 28.8 bp −$29 | 40.4 bp −$404 | 181.7 bp −$18.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GIGGLE-USDT | +0.0090% | 4h | 38.330 | −0.052% | $476K | $32K | 50x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.311 | −0.101% | $10.8M | $13.6M | 50x | as long as short |
| Bybit GIGGLEUSDTlong | +0.0100% | 4h | 38.350 | long leg | $1.6M | $1.7M | 25x | |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.350 | 0.000% | $1.2M | $4.0M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.350 | 0.000% | $384K | $549K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.330 | −0.052% | $2.1M | $4.3M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.330 | −0.052% | $1.7M | $501K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.299 | −0.132% | $26K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.330 | −0.052% | $202K | $574K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.350 | 0.000% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Extended GIGGLE-USD | +0.0104% | 1h | 38.318 | −0.084% | $2K | $184K | 5x | as long as short |
| Aster GIGGLEUSDT | +0.0146% | 4h | 38.368 | +0.047% | $51K | $113K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0214% | 4h | 38.300 | −0.130% | $1.4M | $628K | 50x | as long as short |
| BingX GIGGLE-USDTshort | +0.0214% | 4h | 38.320 | −0.078% | — | $6.7M | — |
Bybit GIGGLEUSDT
BingX GIGGLE-USDT
BloFin GIGGLE-USDT
Binance GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
Aster GIGGLEUSDT
MEXC GIGGLE_USDT