Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Gate against KuCoin0.000%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1251.254% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now 0.000%, 7d avg +0.021%

Together, before fees+0.048%+$5 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: Gate is 0.021% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GIGGLEUSDTM	38.450	0.0100	pay 0.0050% / 4h	1h 35m	$2.1M	$4.3M	50x
Short	Gate GIGGLE_USDT	38.450	0.0100	get 0.0050% / 4h	1h 35m	$385K	$545K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.021%: −$2.09
Slippage, 4 orders: −$98.43
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$127.53
Costs to cover: 1.254%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 45 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, 2 min ago	1.30 bp	30.9 bp −$31	959.7 bp −$9,597	doesn't fit	doesn't fit
Sell Gate live order book, 45 min ago	5.18 bp	28.4 bp −$28	doesn't fit	doesn't fit	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
Aster GIGGLEUSDT	+0.0100%	4h	38.464	+0.036%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.449	−0.004%	$10.8M	$13.2M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.460	+0.026%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.460	+0.026%	$1.2M	$3.9M	50x	as long as short
Gate GIGGLE_USDTshort	+0.0100%	4h	38.450	0.000%	$385K	$545K	50x
KuCoin GIGGLEUSDTMlong	+0.0100%	4h	38.450	long leg	$2.1M	$4.3M	50x
Bitget GIGGLEUSDT	+0.0100%	4h	38.450	0.000%	$1.7M	$493K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.586	+0.353%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.558	+0.280%	$195K	$612K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.450	0.000%	$2K	$1.3M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GIGGLE-USD	+0.0104%	1h	38.433	−0.044%	$2K	$184K	5x	as long as short
BloFin GIGGLE-USDT	+0.0129%	4h	38.470	+0.052%	$474K	$29K	50x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.440	−0.026%	$1.5M	$628K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.460	+0.026%	—	$6.7M	—	as long as short