GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%

Price spread now: BloFin against Bybit−0.155%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1021.021% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.570%−$57 · spread now −0.155%, 7d avg −0.079%

Together, before fees−0.569%−$57 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.075% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.079%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	38.800	0.0100	pay 0.0050% / 4h	1h 14m	$1.6M	$1.8M	25x
Short	BloFin GIGGLE-USDT	38.740	0.0077	get 0.0039% / 4h	1h 14m	$480K	$36K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.155%Rate

Funding earned: −$4.73
Price spread: −0.155% → −0.079%: −$7.53
Slippage, 4 orders: −$79.05
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$114.31
Costs to cover: 1.021%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 26 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	2.58 bp	36.8 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	2.59 bp	16.8 bp −$17	27.0 bp −$270	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
BloFin GIGGLE-USDTshort	+0.0077%	4h	38.740	−0.155%	$480K	$36K	50x
Aster GIGGLEUSDT	+0.0100%	4h	38.792	−0.021%	$48K	$129K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.741	−0.152%	$11.0M	$13.9M	50x	as long as short
Bybit GIGGLEUSDTlong	+0.0100%	4h	38.800	long leg	$1.6M	$1.8M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.780	−0.052%	$1.3M	$4.2M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.760	−0.103%	$371K	$556K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.750	−0.129%	$2.1M	$4.0M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.800	0.000%	$1.7M	$462K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.847	+0.122%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.811	+0.028%	$205K	$505K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GIGGLE-USDT	+0.0100%	4h	38.740	−0.155%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.731	−0.178%	$3K	$168K	5x	as long as short
MEXC GIGGLE_USDT	+0.0228%	4h	38.750	−0.129%	$1.3M	$649K	50x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	38.760	−0.103%	—	$6.7M	—	as long as short