GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h +0.004%

Price spread now: KuCoin against Bybit−0.104%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$147as in the Price arb table

costs, in and out, $10k−$1381.376% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days+0.113%+$11 · spread now −0.104%, 7d avg −0.010%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.093% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.010%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	38.640	0.0158	pay 0.0079% / 4h	3h 56m	$1.6M	$1.7M	25x
Short	KuCoin GIGGLEUSDTM	38.600	0.0100	get 0.0050% / 4h	3h 56m	$2.1M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$12.08
Price spread: −0.104% → −0.010%: −$9.34
Slippage, 4 orders: −$114.57
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$158.98
Costs to cover: 1.376%
Break-even: never at this rate

Slippage from Bybit: live order book, 10 min ago; KuCoin: live order book, 1 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, 10 min ago	2.61 bp	31.7 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	3.89 bp	35.0 bp −$35	754.1 bp −$7,541	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-USDT	+0.0080%	4h	38.560	−0.207%	$473K	$32K	50x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.620	−0.052%	$10.9M	$13.6M	50x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.640	0.000%	$1.2M	$4.0M	50x	as long as short
KuCoin GIGGLEUSDTMshort	+0.0100%	4h	38.600	−0.104%	$2.1M	$4.2M	50x
Bitget GIGGLEUSDT	+0.0100%	4h	38.620	−0.052%	$1.7M	$500K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.450	−0.492%	$26K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.460	−0.467%	$203K	$574K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.530	−0.285%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.622	−0.046%	$2K	$182K	5x	as long as short
Bybit GIGGLEUSDTlong	+0.0158%	4h	38.640	long leg	$1.6M	$1.7M	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GIGGLEUSDT	+0.0197%	4h	38.599	−0.106%	$51K	$114K	5x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.600	−0.104%	$1.5M	$612K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.640	0.000%	—	$6.7M	—	as long as short
Gate GIGGLE_USDT	+0.0774%	4h	38.620	−0.052%	$386K	$539K	50x	as long as short