Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.021%

Price spread now: GRVT against Extended−0.020%112s7-day average +0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as 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−$1021.017% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 3 days (all we have)+0.466%+$47 · spread now −0.020%, 7d avg +0.063%

Together, before fees+0.441%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$44 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: GRVT is 0.083% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.063%. The two prices were read 112 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	38.702	0.0104	pay 0.0013% / 1h	57m 39s	$2K	$184K	5x
Short	GRVT GIGGLE_USDT_Perp	38.694	0.0100	get 0.0050% / 4h	57m 39s	$196K	$612K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$0.84
Price spread: −0.020% → +0.063%: −$8.35
Slippage, 4 orders: −$87.69
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$110.88
Costs to cover: 1.017%
Break-even: never at this rate

Slippage from Extended: live order book, 19 min ago; GRVT: live order book, 20 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, 19 min ago	3.24 bp	20.6 bp −$21	145.4 bp −$1,454	doesn't fit	doesn't fit
Sell GRVT live order book, 20 min ago	5.19 bp	21.1 bp −$21	67.5 bp −$675	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	+0.0048%	4h	38.710	+0.022%	$482K	$32K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	38.732	+0.078%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.710	+0.022%	$11.0M	$13.4M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.750	+0.125%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.710	+0.022%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.720	+0.047%	$387K	$543K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.720	+0.047%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.690	−0.030%	$1.7M	$492K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.705	+0.008%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perpshort	+0.0100%	4h	38.694	−0.020%	$196K	$612K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GIGGLE-USDT	+0.0100%	4h	38.790	+0.228%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USDlong	+0.0104%	1h	38.702	long leg	$2K	$184K	5x
MEXC GIGGLE_USDT	+0.0214%	4h	38.710	+0.022%	$1.5M	$614K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.730	+0.073%	—	$6.7M	—	as long as short