GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against KuCoin+0.356%110s7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$211as 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−$2112.109% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.558%−$56 · spread now +0.356%, 7d avg −0.038%

Together, before fees−0.557%−$56 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 BloFin is 0.395% dearer against KuCoin than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.038%. The two prices were read 110 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	KuCoin GIGGLEUSDTM	39.300	−0.0056	get 0.0028% / 4h	1h 57m	$2.1M	$3.8M	50x
Short	BloFin GIGGLE-USDT	39.440	0.0046	get 0.0023% / 4h	1h 57m	$486K	$41K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.356%Rate

Funding earned: $21.39
Price spread: +0.356% → −0.038%: $39.46
Slippage, 4 orders: −$186.87
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$150.01
Costs to cover: 2.109%
Break-even: 56.1 days

Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 29 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 KuCoin live order book, 10 min ago	1.28 bp	144.9 bp −$145	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 29 min ago	1.30 bp	19.3 bp −$19	36.5 bp −$365	138.2 bp −$13.8K	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
KuCoin GIGGLEUSDTMlong	−0.0056%	4h	39.300	long leg	$2.1M	$3.8M	50x
BloFin GIGGLE-USDTshort	+0.0046%	4h	39.440	+0.356%	$486K	$41K	50x
Aster GIGGLEUSDT	+0.0100%	4h	39.332	+0.082%	$47K	$136K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.281	−0.049%	$11.3M	$16.2M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	39.310	+0.025%	$1.7M	$2.0M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	39.280	−0.051%	$1.4M	$5.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	39.300	0.000%	$372K	$609K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.340	+0.102%	$1.7M	$459K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.448	+0.376%	$25K	$5K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.402	+0.259%	$199K	$470K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GIGGLE-USDT	+0.0100%	4h	39.470	+0.433%	$1K	$1.5M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	39.261	−0.100%	$895	$167K	5x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	39.290	−0.025%	—	$6.7M	—	as long as short
MEXC GIGGLE_USDT	+0.0238%	4h	39.290	−0.025%	$1.4M	$709K	50x	as long as short