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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0306%/8h= +33.5% APRnext payment +$1.53 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against KuCoin+0.076%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$727as in the Price arb table
costs, in and out, $10k−$7367.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.295%+$29 on $10k
Price spread, last 7 days−0.105%−$11 · spread now +0.076%, 7d avg −0.022%
Together, before fees+0.190%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.098% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GIGGLEUSDTM39.370−0.0068get 0.0034% / 4h1h 33m$2.1M$3.7M50x
ShortBingX GIGGLE-USDT39.4000.0238get 0.0119% / 4h1h 33m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$64.26
Price spread: +0.076% → −0.022%
$9.77
Slippage, 4 orders
−$714.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$662.34
Costs to cover
7.364%
Break-even
79.1 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 8 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 KuCoin live order book, 4 min ago2.53 bp622.3 bp −$622doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago15.27 bp30.2 bp −$3042.1 bp −$421226.1 bp −$22.6Kdoesn'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 GIGGLEUSDTMlong−0.0068%4h39.370long leg$2.1M$3.7M50x
Aster GIGGLEUSDT+0.0100%4h39.410+0.102%$48K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.400+0.076%$11.4M$16.6M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.390+0.051%$1.7M$2.0M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h39.380+0.025%$1.4M$5.1M50xas long as short
Gate GIGGLE_USDT+0.0100%4h39.390+0.051%$374K$622K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.440+0.178%$1.7M$471K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.418+0.122%$27K$7Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h39.594+0.568%$200K$470K10xas long as short
SunX GIGGLE-USDT+0.0100%4h39.390+0.051%$2K$1.5M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h39.400+0.076%$897$165K5xas long as short
BloFin GIGGLE-USDT+0.0110%4h39.360−0.025%$488K$42K50xas long as short
MEXC GIGGLE_USDT+0.0238%4h39.390+0.051%$1.4M$722K50xas long as short
BingX GIGGLE-USDTshort+0.0238%4h39.400+0.076%$6.7M