Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against Bybit−0.104%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1261.264% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 7 days+0.056%+$6 · spread now −0.104%, 7d avg −0.081%

Together, before fees+0.039%+$4 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: Bitget is 0.023% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	38.560	0.0100	pay 0.0050% / 4h	1h 44m	$1.6M	$1.7M	25x
Short	Bitget GIGGLEUSDT	38.520	0.0100	get 0.0050% / 4h	1h 44m	$1.7M	$517K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.104%Rate

Funding earned: $0
Price spread: −0.104% → −0.081%: −$2.31
Slippage, 4 orders: −$103.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$128.66
Costs to cover: 1.264%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago	5.20 bp	36.3 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.61 bp	22.2 bp −$22	75.3 bp −$753	doesn't fit	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	38.555	−0.012%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.542	−0.047%	$10.9M	$13.2M	50x	as long as short
Bybit GIGGLEUSDTlong	+0.0100%	4h	38.560	long leg	$1.6M	$1.7M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.540	−0.052%	$1.2M	$3.9M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.530	−0.078%	$385K	$544K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.520	−0.104%	$2.1M	$4.4M	50x	as long as short
Bitget GIGGLEUSDTshort	+0.0100%	4h	38.520	−0.104%	$1.7M	$517K	25x
Variational Omni GIGGLE	+0.0100%	4h	38.446	−0.295%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.385	−0.453%	$194K	$612K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.510	−0.130%	$1K	$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	38.524	−0.093%	$2K	$184K	5x	as long as short
BloFin GIGGLE-USDT	+0.0152%	4h	38.470	−0.233%	$474K	$27K	50x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.520	−0.104%	$1.5M	$623K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.560	0.000%	—	$6.7M	—	as long as short