Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.021%

Price spread now: Extended against GRVT+0.038%92s7-day average −0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as 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−$1021.017% of the position

Long on GRVT Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 3 days (all we have)−0.484%−$48 · spread now +0.038%, 7d avg −0.063%

Together, before fees−0.459%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$46 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: Extended is 0.101% dearer against GRVT than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.063%. The two prices were read 92 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	GRVT GIGGLE_USDT_Perp	38.694	0.0100	pay 0.0050% / 4h	58m 00s	$196K	$612K	10x
Short	Extended GIGGLE-USD	38.709	0.0104	get 0.0013% / 1h	58m 00s	$2K	$184K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GRVTbpFee ExtendedbpOrdersPrice spread, now +0.038%Rate

Funding earned: $0.84
Price spread: +0.038% → −0.063%: $10.14
Slippage, 4 orders: −$87.69
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$90.72
Costs to cover: 1.017%
Break-even: 763.0 days

Slippage from GRVT: live order book, 20 min ago; Extended: live order book, 18 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 GRVT live order book, 20 min ago	5.19 bp	34.1 bp −$34	3367.5 bp −$33.7K	doesn't fit	doesn't fit
Sell Extended live order book, 18 min ago	3.24 bp	25.9 bp −$26	165.1 bp −$1,651	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
BloFin GIGGLE-USDT	+0.0048%	4h	38.710	+0.042%	$482K	$32K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	38.770	+0.196%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.717	+0.059%	$11.0M	$13.4M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.740	+0.119%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.720	+0.067%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.750	+0.145%	$387K	$543K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.740	+0.119%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.690	−0.010%	$1.7M	$492K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.705	+0.028%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perplong	+0.0100%	4h	38.694	long leg	$196K	$612K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GIGGLE-USDT	+0.0100%	4h	38.790	+0.248%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USDshort	+0.0104%	1h	38.709	+0.038%	$2K	$184K	5x
MEXC GIGGLE_USDT	+0.0214%	4h	38.710	+0.042%	$1.5M	$614K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.720	+0.067%	—	$6.7M	—	as long as short