Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Bybit+0.054%7-day average −0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1231.226% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.054%, 7d avg −0.095%

Together, before fees−0.151%+ Points / potential airdropExtended: Active · farm board−$15 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: Extended is 0.149% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	39.190	0.0100	pay 0.0050% / 4h	3h 39m	$1.7M	$2.3M	25x
Short	Extended GIGGLE-USD	39.211	0.0104	get 0.0013% / 1h	39m 25s	$894	$200K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now +0.054%Rate

Funding earned: $0.84
Price spread: +0.054% → −0.095%: $14.88
Slippage, 4 orders: −$106.58
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$106.86
Costs to cover: 1.226%
Break-even: 897.5 days

Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 57 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	1.27 bp	45.9 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 57 min ago	3.41 bp	25.0 bp −$25	168.8 bp −$1,688	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
KuCoin GIGGLEUSDTM	−0.0012%	4h	39.180	−0.026%	$2.1M	$3.7M	50x	as long as short
BloFin GIGGLE-USDT	+0.0093%	4h	39.380	+0.485%	$496K	$53K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.207	+0.044%	$47K	$138K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.159	−0.080%	$11.5M	$19.0M	50x	as long as short
Bybit GIGGLEUSDTlong	+0.0100%	4h	39.190	long leg	$1.7M	$2.3M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	39.140	−0.128%	$1.4M	$5.5M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	39.260	+0.179%	$385K	$641K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.150	−0.102%	$1.7M	$504K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.408	+0.558%	$27K	$8K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.284	+0.241%	$209K	$479K	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	39.310	+0.306%	$2K	$1.7M	20x	as long as short
Extended GIGGLE-USDshort	+0.0104%	1h	39.211	+0.054%	$894	$200K	5x
MEXC GIGGLE_USDT	+0.0238%	4h	39.140	−0.128%	$1.4M	$824K	50x	as long as short
BingX GIGGLE-USDT	+0.0238%	4h	39.160	−0.077%	—	$6.7M	—	as long as short