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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.035%
Price spread now: MEXC against KuCoin−0.026%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$730.731% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.278%+$28 on $10k
Price spread, last 7 days−0.075%−$7 · spread now −0.026%, 7d avg −0.063%
Together, before fees+0.203%+$20 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 MEXC is 0.037% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GIGGLEUSDTM38.3300.0100pay 0.0050% / 4h24m 39s$2.1M$4.3M50x
ShortMEXC GIGGLE_USDT38.3200.0214get 0.0107% / 4h24m 39s$1.5M$621K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$23.94
Price spread: −0.026% → −0.063%
$3.69
Slippage, 4 orders
−$57.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$45.42
Costs to cover
0.731%
Break-even
20.3 days
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago1.30 bp26.1 bp −$261026.3 bp −$10.3Kdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.30 bp4.1 bp −$420.7 bp −$207125.2 bp −$12.5Kdoesn'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
Binance GIGGLEUSDT+0.0100%4h38.287−0.111%$10.8M$13.5M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.320−0.026%$1.6M$1.7M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.3300.000%$1.2M$4.0M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.3300.000%$384K$549K50xas long as short
KuCoin GIGGLEUSDTMlong+0.0100%4h38.330long leg$2.1M$4.3M50x
Bitget GIGGLEUSDT+0.0100%4h38.280−0.130%$1.7M$496K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.401+0.184%$26K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.402+0.187%$203K$574K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.290−0.104%$1K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.280−0.132%$2K$184K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GIGGLEUSDT+0.0119%4h38.369+0.101%$51K$113K5xas long as short
BloFin GIGGLE-USDT+0.0142%4h38.3300.000%$478K$32K50xas long as short
MEXC GIGGLE_USDTshort+0.0214%4h38.320−0.026%$1.5M$621K50x
BingX GIGGLE-USDT+0.0214%4h38.310−0.052%$6.7Mas long as short