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: Gate against GRVT+0.145%66s7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as 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−$1051.046% of the position

Long on GRVT Short on Gate

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)−0.481%−$48 · spread now +0.145%, 7d avg +0.005%

Together, before fees−0.446%+ Points / potential airdropGRVT: Active · farm board−$45 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: Gate is 0.140% dearer against GRVT than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 66 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 18s	$196K	$612K	10x
Short	Gate GIGGLE_USDT	38.750	0.0100	get 0.0050% / 4h	58m 18s	$387K	$542K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee GRVTbpFee GatebpOrdersPrice spread, now +0.145%Rate

Funding earned: $0
Price spread: +0.145% → +0.005%: $13.96
Slippage, 4 orders: −$80.59
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$90.63
Costs to cover: 1.046%
Break-even: never at this rate

Slippage from GRVT: live order book, 19 min ago; Gate: 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, 19 min ago	5.19 bp	34.1 bp −$34	3367.5 bp −$33.7K	doesn't fit	doesn't fit
Sell Gate live order book, 18 min ago	2.59 bp	21.2 bp −$21	doesn't fit	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	38.785	+0.235%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.760	+0.171%	$11.0M	$13.4M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.760	+0.171%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.760	+0.171%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDTshort	+0.0100%	4h	38.750	+0.145%	$387K	$542K	50x
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.750	+0.145%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.750	+0.145%	$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-USD	+0.0104%	1h	38.752	+0.149%	$2K	$184K	5x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.770	+0.197%	$1.5M	$614K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.760	+0.171%	—	$6.7M	—	as long as short