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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −4.0% APRnext payment $0.18 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against GRVT−0.098%102s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1051.052% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 3 days (all we have)−0.099%−$10 · spread now −0.098%, 7d avg −0.016%
Together, before fees−0.077%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.081% cheaper against GRVT than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GIGGLE_USDT_Perp38.4170.0100pay 0.0050% / 4h2h 49m$203K$548K10x
ShortBloFin GIGGLE-USDT38.3800.0064get 0.0032% / 4h2h 49m$479K$35K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$7.59
Price spread: −0.098% → −0.016%
−$8.12
Slippage, 4 orders
−$84.21
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$120.92
Costs to cover
1.052%
Break-even
never at this rate
Slippage from GRVT: live order book, 18 min ago; BloFin: live order book, 16 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, 18 min ago3.86 bp38.1 bp −$3868.7 bp −$687doesn't fitdoesn't fit
Sell BloFin live order book, 16 min ago3.86 bp19.9 bp −$2031.7 bp −$317doesn't fitdoesn'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
BloFin GIGGLE-USDTshort+0.0064%4h38.380−0.098%$479K$35K50x
Aster GIGGLEUSDT+0.0100%4h38.440+0.059%$51K$121K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.450+0.085%$10.9M$13.7M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.450+0.085%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.480+0.163%$1.2M$4.1M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.450+0.085%$374K$541K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.430+0.033%$2.1M$4.1M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.440+0.059%$1.7M$474K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.384−0.087%$26K$4Kas long as short
GRVT GIGGLE_USDT_Perplong+0.0100%4h38.417long leg$203K$548K10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h38.490+0.189%$2K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.440+0.059%$3K$171K5xas long as short
MEXC GIGGLE_USDT+0.0214%4h38.440+0.059%$1.3M$642K50xas long as short
BingX GIGGLE-USDT+0.0214%4h38.450+0.085%$6.7Mas long as short