Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0059%/8h= −6.5% APRpaid last 24h −0.001%

Price spread now: BloFin against Extended−0.049%54s7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$960.960% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.266%−$27 · spread now −0.049%, 7d avg +0.007%

Together, before fees−0.270%+ Points / potential airdropExtended: Active · farm board−$27 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 BloFin is 0.057% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GIGGLE-USD	38.759	0.0104	pay 0.0013% / 1h	58m 10s	$1K	$163K	5x
Short	BloFin GIGGLE-USDT	38.740	0.0045	get 0.0022% / 4h	3h 58m	$478K	$37K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$12.39
Price spread: −0.049% → +0.007%: −$5.66
Slippage, 4 orders: −$79.02
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$114.08
Costs to cover: 0.960%
Break-even: never at this rate

Slippage from Extended: live order book, 58 min ago; BloFin: live order book, 38 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 Extended live order book, 58 min ago	3.50 bp	30.0 bp −$30	173.5 bp −$1,735	doesn't fit	doesn't fit
Sell BloFin live order book, 38 min ago	1.30 bp	25.8 bp −$26	39.2 bp −$392	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	+0.0045%	4h	38.740	−0.049%	$478K	$37K	50x
Aster GIGGLEUSDT	+0.0100%	4h	38.745	−0.037%	$46K	$133K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.779	+0.050%	$11.0M	$14.0M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.830	+0.183%	$1.6M	$1.8M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.820	+0.157%	$1.3M	$4.3M	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.730	−0.075%	$2.1M	$3.9M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.770	+0.028%	$1.7M	$456K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.793	+0.088%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.665	−0.244%	$204K	$505K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.750	−0.024%	$2K	$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-USDlong	+0.0104%	1h	38.759	long leg	$1K	$163K	5x
MEXC GIGGLE_USDT	+0.0228%	4h	38.770	+0.028%	$1.3M	$647K	50x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	38.800	+0.105%	—	$6.6M	—	as long as short
Gate GIGGLE_USDT	+0.1546%	4h	38.750	−0.024%	$365K	$557K	50x	as long as short