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

GIGGLE

all GIGGLE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment $0.13 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against GRVT−0.328%83s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1961.959% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.328%, 7d avg −0.014%
Together, before fees−0.071%+ Points / potential airdropGRVT: Active · farm board−$7 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 KuCoin is 0.315% cheaper against GRVT than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GIGGLE_USDT_Perp39.2090.0100pay 0.0050% / 4h3h 02m$207K$483K10x
ShortKuCoin GIGGLEUSDTM39.0800.0074get 0.0037% / 4h3h 02m$2.1M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$5.46
Price spread: −0.328% → −0.014%
−$31.46
Slippage, 4 orders
−$174.91
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$232.83
Costs to cover
1.959%
Break-even
never at this rate
Slippage from GRVT: live order book, 51 min ago; KuCoin: live order book, 10 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, 51 min ago2.57 bp34.2 bp −$3499.9 bp −$999doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago5.11 bp43.4 bp −$43743.0 bp −$7,430doesn'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
KuCoin GIGGLEUSDTMshort+0.0074%4h39.080−0.328%$2.1M$3.9M50x
Aster GIGGLEUSDT+0.0100%4h39.140−0.175%$47K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.091−0.300%$11.4M$15.1M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.100−0.277%$1.6M$1.9M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h39.060−0.379%$1.4M$4.6M50xas long as short
Gate GIGGLE_USDT+0.0100%4h39.120−0.226%$369K$589K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.090−0.303%$1.7M$457K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.298+0.228%$27K$3Kas long as short
GRVT GIGGLE_USDT_Perplong+0.0100%4h39.209long leg$207K$483K10x
SunX GIGGLE-USDT+0.0100%4h39.090−0.303%$1K$1.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h39.089−0.305%$5K$142K5xas long as short
BloFin GIGGLE-USDT+0.0143%4h39.120−0.226%$493K$39K50xas long as short
MEXC GIGGLE_USDT+0.0228%4h39.100−0.277%$1.4M$675K50xas long as short
BingX GIGGLE-USDT+0.0228%4h39.070−0.354%$6.7Mas long as short