Funding you earn now, next payment 04:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.040%
Price spread now: MEXC against Bybit−0.026%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$820.820% of the position
Funding, last 7 days+0.281%+$28 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now −0.026%, 7d avg −0.073%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.048% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GIGGLEUSDT | 38.700 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $1.6M | $1.8M | 25x |
| Short | MEXC GIGGLE_USDT | 38.690 | 0.0214 | get 0.0107% / 4h | 2h 24m | $1.3M | $654K | 50x |
Bybit GIGGLEUSDT
MEXC GIGGLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.026% → −0.073%
- $4.75
- Slippage, 4 orders
- −$66.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$53.3
- Costs to cover
- 0.820%
- Break-even
- 22.6 days
Slippage from Bybit: live order book, 2 min ago; MEXC: 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, 2 min ago | 2.58 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.29 bp | 4.1 bp −$4 | 18.6 bp −$186 | 121.7 bp −$12.2K | doesn't fit |
GIGGLE on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.699 | −0.003% | $11.0M | $13.7M | 50x | as long as short |
| Bybit GIGGLEUSDTlong | +0.0100% | 4h | 38.700 | long leg | $1.6M | $1.8M | 25x | |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.710 | +0.026% | $1.3M | $4.1M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.750 | +0.129% | $373K | $550K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.710 | +0.026% | $2.1M | $4.1M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.710 | +0.026% | $1.7M | $474K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.774 | +0.190% | $27K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.760 | +0.155% | $205K | $539K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.760 | +0.155% | $2K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.723 | +0.061% | $1K | $170K | 5x | as long as short |
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-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GIGGLEUSDT | +0.0108% | 4h | 38.731 | +0.079% | $49K | $128K | 5x | as long as short |
| MEXC GIGGLE_USDTshort | +0.0214% | 4h | 38.690 | −0.026% | $1.3M | $654K | 50x | |
| BingX GIGGLE-USDT | +0.0214% | 4h | 38.710 | +0.026% | — | $6.7M | — | as long as short |
Aster GIGGLEUSDT
BingX GIGGLE-USDT