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+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against KuCoin+0.329%83s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1961.959% 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 4 days (all we have)+0.074%+$7 · spread now +0.329%, 7d avg +0.014%
Together, before fees+0.070%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.316% dearer against KuCoin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GIGGLEUSDTM39.0800.0074pay 0.0037% / 4h3h 02m$2.1M$3.9M50x
ShortGRVT GIGGLE_USDT_Perp39.2090.0100get 0.0050% / 4h3h 02m$207K$483K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$5.46
Price spread: +0.329% → +0.014%
$31.57
Slippage, 4 orders
−$174.91
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$158.88
Costs to cover
1.959%
Break-even
210.7 days
Slippage from KuCoin: live order book, 10 min ago; GRVT: live order book, 51 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, 10 min ago5.11 bp74.8 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 51 min ago2.57 bp43.4 bp −$43181.2 bp −$1,812doesn't fitdoesn'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+0.0074%4h39.080long leg$2.1M$3.9M50x
Aster GIGGLEUSDT+0.0100%4h39.140+0.154%$47K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.091+0.028%$11.4M$15.1M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.100+0.051%$1.6M$1.9M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h39.060−0.051%$1.4M$4.6M50xas long as short
Gate GIGGLE_USDT+0.0100%4h39.120+0.102%$369K$589K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.090+0.026%$1.7M$457K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.298+0.558%$27K$3Kas long as short
GRVT GIGGLE_USDT_Perpshort+0.0100%4h39.209+0.329%$207K$483K10x
SunX GIGGLE-USDT+0.0100%4h39.090+0.026%$1K$1.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h39.089+0.023%$5K$142K5xas long as short
BloFin GIGGLE-USDT+0.0143%4h39.120+0.102%$493K$39K50xas long as short
MEXC GIGGLE_USDT+0.0228%4h39.100+0.051%$1.4M$675K50xas long as short
BingX GIGGLE-USDT+0.0228%4h39.070−0.026%$6.7Mas long as short