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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against GRVT+0.049%54s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1121.122% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.299%+$30 on $10k
Price spread, last 4 days (all we have)−0.323%−$32 · spread now +0.049%, 7d avg +0.011%
Together, before fees−0.024%+ Points / potential airdropGRVT: Active · farm board−$2 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 BingX is 0.039% dearer against GRVT than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GIGGLE_USDT_Perp39.8700.0100pay 0.0050% / 4h58m 45s$210K$472K10x
ShortBingX GIGGLE-USDT39.8900.0238get 0.0119% / 4h58m 45s$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against GRVT. 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
$28.98
Price spread: +0.049% → +0.011%
$3.85
Slippage, 4 orders
−$93.24
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$79.41
Costs to cover
1.122%
Break-even
26.2 days
Slippage from GRVT: live order book, 44 min ago; BingX: live order book, 9 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 GRVT live order book, 44 min ago3.82 bp36.3 bp −$3697.5 bp −$975doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago13.84 bp22.7 bp −$2341.7 bp −$417151.3 bp −$15.1Kdoesn'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
KuCoin GIGGLEUSDTM−0.0036%4h39.900+0.074%$2.1M$3.7M50xas long as short
Aster GIGGLEUSDT+0.0100%4h39.937+0.167%$49K$134K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.880+0.024%$11.8M$17.4M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.890+0.049%$1.7M$2.1M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h39.880+0.024%$1.4M$5.3M50xas long as short
Gate GIGGLE_USDT+0.0100%4h39.990+0.300%$392K$638K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.900+0.074%$1.7M$483K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.923+0.132%$27K$7Kas long as short
GRVT GIGGLE_USDT_Perplong+0.0100%4h39.870long leg$210K$472K10x
SunX GIGGLE-USDT+0.0100%4h39.950+0.200%$2K$1.6M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h39.878+0.019%$2K$167K5xas long as short
BloFin GIGGLE-USDT+0.0113%4h39.960+0.225%$501K$46K50xas long as short
MEXC GIGGLE_USDT+0.0238%4h39.890+0.049%$1.5M$768K50xas long as short
BingX GIGGLE-USDTshort+0.0238%4h39.890+0.049%$6.7M