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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GIGGLEUSDTM | 38.330 | 0.0100 | pay 0.0050% / 4h | 24m 39s | $2.1M | $4.3M | 50x |
| Short | MEXC GIGGLE_USDT | 38.320 | 0.0214 | get 0.0107% / 4h | 24m 39s | $1.5M | $621K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 1.30 bp | 26.1 bp −$26 | 1026.3 bp −$10.3K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.30 bp | 4.1 bp −$4 | 20.7 bp −$207 | 125.2 bp −$12.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.287 | −0.111% | $10.8M | $13.5M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.320 | −0.026% | $1.6M | $1.7M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.330 | 0.000% | $1.2M | $4.0M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.330 | 0.000% | $384K | $549K | 50x | as long as short |
| KuCoin GIGGLEUSDTMlong | +0.0100% | 4h | 38.330 | long leg | $2.1M | $4.3M | 50x | |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.280 | −0.130% | $1.7M | $496K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.401 | +0.184% | $26K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.402 | +0.187% | $203K | $574K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.290 | −0.104% | $1K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.280 | −0.132% | $2K | $184K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GIGGLEUSDT | +0.0119% | 4h | 38.369 | +0.101% | $51K | $113K | 5x | as long as short |
| BloFin GIGGLE-USDT | +0.0142% | 4h | 38.330 | 0.000% | $478K | $32K | 50x | as long as short |
| MEXC GIGGLE_USDTshort | +0.0214% | 4h | 38.320 | −0.026% | $1.5M | $621K | 50x | |
| BingX GIGGLE-USDT | +0.0214% | 4h | 38.310 | −0.052% | — | $6.7M | — | as long as short |
KuCoin GIGGLEUSDTM
MEXC GIGGLE_USDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
Aster GIGGLEUSDT
BloFin GIGGLE-USDT
BingX GIGGLE-USDT