Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: BingX against MEXC+0.104%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$670.670% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days−0.085%−$9 · spread now +0.104%, 7d avg +0.035%

Together, before fees−0.067%−$7 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: BingX is 0.069% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GIGGLE_USDT	38.280	0.0228	pay 0.0114% / 4h	47m 34s	$1.3M	$651K	50x
Short	BingX GIGGLE-USDT	38.320	0.0228	get 0.0114% / 4h	47m 34s	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.035%: $6.93
Slippage, 4 orders: −$53.01
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$60.08
Costs to cover: 0.670%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; BingX: 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 MEXC live order book, 4 min ago	1.30 bp	5.2 bp −$5	21.1 bp −$211	106.7 bp −$10.7K	doesn't fit
Sell BingX live order book, 5 min ago	16.92 bp	29.0 bp −$29	54.4 bp −$544	255.6 bp −$25.6K	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	38.321	+0.108%	$47K	$130K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.320	+0.104%	$10.9M	$14.0M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.330	+0.131%	$1.6M	$1.8M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.330	+0.131%	$1.3M	$4.2M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.310	+0.078%	$364K	$553K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.290	+0.026%	$2.1M	$4.0M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.270	−0.026%	$1.7M	$458K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.383	+0.270%	$26K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.320	+0.104%	$202K	$505K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.250	−0.078%	$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	38.280	−0.001%	$3K	$165K	5x	as long as short
BloFin GIGGLE-USDT	+0.0111%	4h	38.330	+0.131%	$478K	$36K	50x	as long as short
MEXC GIGGLE_USDTlong	+0.0228%	4h	38.280	long leg	$1.3M	$651K	50x
BingX GIGGLE-USDTshort	+0.0228%	4h	38.320	+0.104%	—	$6.6M	—