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 +0.028%

Price spread now: OKX against KuCoin+0.052%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$210as in the Funding arb table

Net, price: spread back to 7d avg − costs−$208as in the Price arb table

costs, in and out, $10k−$2132.131% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days−0.081%−$8 · spread now +0.052%, 7d avg +0.004%

Together, before fees−0.053%−$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: OKX is 0.048% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GIGGLEUSDTM	38.540	0.0100	pay 0.0050% / 4h	1h 17m	$2.1M	$4.4M	50x
Short	OKX GIGGLE-USDT-SWAP	38.560	0.0100	get 0.0050% / 4h	1h 17m	$1.2M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → +0.004%: $4.84
Slippage, 4 orders: −$191.12
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$208.28
Costs to cover: 2.131%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	1.30 bp	144.7 bp −$145	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.29 bp	18.6 bp −$19	99.3 bp −$993	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	38.580	+0.105%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.550	+0.026%	$10.9M	$13.3M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.570	+0.078%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAPshort	+0.0100%	4h	38.560	+0.052%	$1.2M	$3.9M	50x
Gate GIGGLE_USDT	+0.0100%	4h	38.550	+0.026%	$386K	$548K	50x	as long as short
KuCoin GIGGLEUSDTMlong	+0.0100%	4h	38.540	long leg	$2.1M	$4.4M	50x
Bitget GIGGLEUSDT	+0.0100%	4h	38.540	0.000%	$1.7M	$491K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.550	+0.026%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.550	+0.026%	$195K	$612K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.540	0.000%	$1K	$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	38.535	−0.012%	$2K	$184K	5x	as long as short
BloFin GIGGLE-USDT	+0.0125%	4h	38.550	+0.026%	$476K	$32K	50x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.550	+0.026%	$1.5M	$635K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.560	+0.052%	—	$6.7M	—	as long as short