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+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.060%
Price spread now: MEXC against GRVT+0.233%67s7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.658% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.301%+$30 on $10k
Price spread, last 3 days (all we have)−0.552%−$55 · spread now +0.233%, 7d avg −0.051%
Together, before fees−0.250%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.284% dearer against GRVT than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.051%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GIGGLE_USDT_Perp38.7300.0100pay 0.0050% / 4h3h 12m$204K$563K10x
ShortMEXC GIGGLE_USDT38.8200.0214get 0.0107% / 4h3h 12m$1.4M$634K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$23.94
Price spread: +0.233% → −0.051%
$28.38
Slippage, 4 orders
−$52.83
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$13.51
Costs to cover
0.658%
Break-even
10.9 days
Slippage from GRVT: live order book, 60 min ago; MEXC: live order book, 4 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, 60 min ago3.92 bp34.7 bp −$35135.7 bp −$1,357doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.29 bp3.9 bp −$419.2 bp −$192112.4 bp −$11.2Kdoesn'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-USDT+0.0092%4h38.910+0.465%$482K$33K50xas long as short
Binance GIGGLEUSDT+0.0100%4h38.801+0.184%$11.0M$13.6M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.830+0.259%$1.6M$1.7M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.830+0.259%$1.2M$4.1M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.850+0.310%$387K$545K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.810+0.207%$2.1M$4.2M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.800+0.181%$1.7M$486K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.724−0.015%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perplong+0.0100%4h38.730long leg$204K$563K10x
SunX GIGGLE-USDT+0.0100%4h38.790+0.155%$2K$1.3M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.793+0.162%$1K$172K5xas long as short
Aster GIGGLEUSDT+0.0197%4h38.810+0.207%$51K$121K5xas long as short
MEXC GIGGLE_USDTshort+0.0214%4h38.820+0.233%$1.4M$634K50x
BingX GIGGLE-USDT+0.0214%4h38.790+0.155%$6.7Mas long as short