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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against KuCoin+0.155%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3363.355% 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 7 days−0.160%−$16 · spread now +0.155%, 7d avg +0.011%
Together, before fees−0.164%−$16 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: Bybit is 0.144% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GIGGLEUSDTM38.7600.0100pay 0.0050% / 4h2h 26m$2.1M$4.1M50x
ShortBybit GIGGLEUSDT38.8200.0100get 0.0050% / 4h2h 26m$1.7M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.155% → +0.011%
$14.36
Slippage, 4 orders
−$312.5
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$321.14
Costs to cover
3.355%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 5 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, 6 min ago2.59 bp207.8 bp −$208doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.59 bp31.1 bp −$31445.2 bp −$4,452doesn't fitdoesn't fit

GIGGLE on 13 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
Binance GIGGLEUSDT+0.0100%4h38.780+0.052%$11.0M$13.7M50xas long as short
Bybit GIGGLEUSDTshort+0.0100%4h38.820+0.155%$1.7M$1.8M25x
OKX GIGGLE-USDT-SWAP+0.0100%4h38.810+0.129%$1.3M$4.2M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.780+0.052%$373K$550K50xas long as short
KuCoin GIGGLEUSDTMlong+0.0100%4h38.760long leg$2.1M$4.1M50x
Bitget GIGGLEUSDT+0.0100%4h38.810+0.129%$1.7M$474K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.614−0.377%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.591−0.437%$204K$539K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.7600.000%$2K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.780+0.051%$3K$168K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GIGGLEUSDT+0.0108%4h38.746−0.036%$49K$128K5xas long as short
MEXC GIGGLE_USDT+0.0214%4h38.790+0.077%$1.4M$654K50xas long as short
BingX GIGGLE-USDT+0.0214%4h38.790+0.077%$6.7Mas long as short