GIGGLE

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 −0.039%

Price spread now: Bybit against MEXC+0.183%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$670.674% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.282%−$28 on $10k

Price spread, last 7 days−0.092%−$9 · spread now +0.183%, 7d avg +0.073%

Together, before fees−0.374%−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.110% dearer against MEXC than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of +0.073%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GIGGLE_USDT	38.290	0.0214	pay 0.0107% / 4h	6m 02s	$1.4M	$628K	50x
Short	Bybit GIGGLEUSDT	38.360	0.0100	get 0.0050% / 4h	6m 02s	$1.6M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.183%Rate

Funding earned: −$23.94
Price spread: +0.183% → +0.073%: $10.96
Slippage, 4 orders: −$52.39
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$80.36
Costs to cover: 0.674%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bybit: 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	1.31 bp	3.8 bp −$4	16.3 bp −$163	123.6 bp −$12.4K	doesn't fit
Sell Bybit live order book, 5 min ago	1.31 bp	25.3 bp −$25	419.6 bp −$4,196	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
Binance GIGGLEUSDT	+0.0100%	4h	38.321	+0.081%	$10.8M	$13.6M	50x	as long as short
Bybit GIGGLEUSDTshort	+0.0100%	4h	38.360	+0.183%	$1.6M	$1.7M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.360	+0.183%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.340	+0.131%	$384K	$549K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.310	+0.052%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.320	+0.078%	$1.7M	$501K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.345	+0.143%	$26K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.330	+0.104%	$202K	$574K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.300	+0.026%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.313	+0.060%	$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
BloFin GIGGLE-USDT	+0.0141%	4h	38.300	+0.026%	$476K	$32K	50x	as long as short
Aster GIGGLEUSDT	+0.0149%	4h	38.366	+0.197%	$51K	$113K	5x	as long as short
MEXC GIGGLE_USDTlong	+0.0214%	4h	38.290	long leg	$1.4M	$628K	50x
BingX GIGGLE-USDT	+0.0214%	4h	38.350	+0.157%	—	$6.7M	—	as long as short