Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%

Price spread now: GRVT against Gate−0.375%81s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$143as 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−$1391.394% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 3 days (all we have)+0.712%+$71 · spread now −0.375%, 7d avg −0.005%

Together, before fees+0.677%+ Points / potential airdropGRVT: Active · farm board+$68 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 0.370% cheaper against Gate than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 81 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	Gate GIGGLE_USDT	38.530	0.0100	pay 0.0050% / 4h	1h 44m	$385K	$544K	50x
Short	GRVT GIGGLE_USDT_Perp	38.385	0.0100	get 0.0050% / 4h	1h 44m	$194K	$612K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now −0.375%Rate

Funding earned: $0
Price spread: −0.375% → −0.005%: −$37.01
Slippage, 4 orders: −$115.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$176.41
Costs to cover: 1.394%
Break-even: never at this rate

Slippage from Gate: live order book, 37 min ago; GRVT: live order book, 39 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 Gate live order book, 37 min ago	5.18 bp	22.1 bp −$22	1305.2 bp −$13.1K	doesn't fit	doesn't fit
Sell GRVT live order book, 39 min ago	3.89 bp	40.1 bp −$40	135.0 bp −$1,350	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
Aster GIGGLEUSDT	+0.0100%	4h	38.555	+0.065%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.542	+0.031%	$10.9M	$13.2M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.560	+0.078%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.540	+0.026%	$1.2M	$3.9M	50x	as long as short
Gate GIGGLE_USDTlong	+0.0100%	4h	38.530	long leg	$385K	$544K	50x
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.520	−0.026%	$2.1M	$4.4M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.520	−0.026%	$1.7M	$517K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.446	−0.217%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perpshort	+0.0100%	4h	38.385	−0.375%	$194K	$612K	10x
SunX GIGGLE-USDT	+0.0100%	4h	38.510	−0.052%	$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-USD	+0.0104%	1h	38.524	−0.015%	$2K	$184K	5x	as long as short
BloFin GIGGLE-USDT	+0.0152%	4h	38.470	−0.156%	$474K	$27K	50x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.520	−0.026%	$1.5M	$623K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.560	+0.078%	—	$6.7M	—	as long as short