Settings8H · net · $10k
Funding arb · Price arb /

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.024%
Price spread now: MEXC against Gate0.000%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.267%+$27 on $10k
Price spread, last 4 days (all we have)−0.065%−$6 · spread now 0.000%, 7d avg −0.057%
Together, before fees+0.202%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.057% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GIGGLE_USDT38.5400.0100pay 0.0050% / 4h1h 43m$385K$544K50x
ShortMEXC GIGGLE_USDT38.5400.0214get 0.0107% / 4h1h 43m$1.5M$623K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$23.94
Price spread: 0.000% → −0.057%
$5.7
Slippage, 4 orders
−$42.27
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$31.63
Costs to cover
0.613%
Break-even
16.2 days
Slippage from Gate: live order book, 37 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 37 min ago5.18 bp22.1 bp −$221305.2 bp −$13.1Kdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.30 bp6.2 bp −$623.6 bp −$236124.1 bp −$12.4Kdoesn't fit

GIGGLE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GIGGLEUSDT+0.0100%4h38.571+0.081%$51K$112K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.549+0.024%$10.9M$13.2M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.580+0.104%$1.6M$1.7M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.570+0.078%$1.2M$3.9M50xas long as short
Gate GIGGLE_USDTlong+0.0100%4h38.540long leg$385K$544K50x
KuCoin GIGGLEUSDTM+0.0100%4h38.530−0.026%$2.1M$4.4M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.530−0.026%$1.7M$517K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.446−0.243%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.475−0.170%$195K$612K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.510−0.078%$1K$1.3M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.541+0.003%$2K$184K5xas long as short
BloFin GIGGLE-USDT+0.0152%4h38.470−0.182%$474K$27K50xas long as short
MEXC GIGGLE_USDTshort+0.0214%4h38.5400.000%$1.5M$623K50x
BingX GIGGLE-USDT+0.0214%4h38.570+0.078%$6.7Mas long as short