Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.039%

Price spread now: MEXC against Extended+0.038%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$550.550% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.276%+$28 on $10k

Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.038%, 7d avg +0.007%

Together, before fees−0.048%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.032% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GIGGLE-USD	38.545	0.0104	pay 0.0013% / 1h	38m 46s	$909	$164K	5x
Short	MEXC GIGGLE_USDT	38.560	0.0228	get 0.0114% / 4h	1h 38m	$1.3M	$643K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.038%Rate

Funding earned: $26.04
Price spread: +0.038% → +0.007%: $3.16
Slippage, 4 orders: −$46.03
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$25.83
Costs to cover: 0.550%
Break-even: 13.9 days

Slippage from Extended: live order book, 22 min ago; MEXC: live order book, 7 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, 22 min ago	2.84 bp	22.0 bp −$22	153.8 bp −$1,538	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	1.30 bp	4.0 bp −$4	20.4 bp −$204	119.4 bp −$11.9K	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
Aster GIGGLEUSDT	+0.0100%	4h	38.566	+0.054%	$49K	$128K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.572	+0.071%	$11.0M	$13.8M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.570	+0.064%	$1.6M	$1.8M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.600	+0.142%	$1.3M	$4.1M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.530	−0.039%	$366K	$539K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.540	−0.013%	$2.1M	$4.1M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.570	+0.064%	$1.7M	$470K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.602	+0.149%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.690	+0.375%	$204K	$526K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.590	+0.116%	$1K	$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	38.545	long leg	$909	$164K	5x
BloFin GIGGLE-USDT	+0.0159%	4h	38.500	−0.117%	$476K	$35K	50x	as long as short
MEXC GIGGLE_USDTshort	+0.0228%	4h	38.560	+0.038%	$1.3M	$643K	50x
BingX GIGGLE-USDT	+0.0228%	4h	38.580	+0.090%	—	$6.7M	—	as long as short