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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0128%/8h= −14.0% APRnext payment $0.64 per $10,000 · paid last 24h −0.039%
Price spread now: KuCoin against MEXC−0.077%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$311as in the Price arb table
costs, in and out, $10k−$2982.975% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.276%−$28 on $10k
Price spread, last 7 days+0.149%+$15 · spread now −0.077%, 7d avg +0.059%
Together, before fees−0.127%−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.136% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GIGGLE_USDT39.1600.0228pay 0.0114% / 4h3h 27m$1.4M$668K50x
ShortKuCoin GIGGLEUSDTM39.1300.0100get 0.0050% / 4h3h 27m$2.1M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$26.88
Price spread: −0.077% → +0.059%
−$13.56
Slippage, 4 orders
−$281.52
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$337.97
Costs to cover
2.975%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 5 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 MEXC live order book, 3 min ago1.27 bp5.0 bp −$525.8 bp −$258124.2 bp −$12.4Kdoesn't fit
Sell KuCoin live order book, 5 min ago2.56 bp53.4 bp −$53758.7 bp −$7,587doesn't fitdoesn'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
Aster GIGGLEUSDT+0.0100%4h39.192+0.083%$47K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.167+0.017%$11.2M$14.6M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.180+0.051%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h39.190+0.077%$1.4M$4.5M50xas long as short
Gate GIGGLE_USDT+0.0100%4h39.200+0.102%$370K$577K50xas long as short
KuCoin GIGGLEUSDTMshort+0.0100%4h39.130−0.077%$2.1M$3.9M50x
Bitget GIGGLEUSDT+0.0100%4h39.180+0.051%$1.7M$451K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.438+0.710%$27K$3Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h39.420+0.664%$208K$483K10xas long as short
SunX GIGGLE-USDT+0.0100%4h39.180+0.051%$2K$1.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h39.155−0.012%$4K$161K5xas long as short
BloFin GIGGLE-USDT+0.0131%4h39.260+0.255%$482K$38K50xas long as short
MEXC GIGGLE_USDTlong+0.0228%4h39.160long leg$1.4M$668K50x
BingX GIGGLE-USDT+0.0228%4h39.190+0.077%$6.7Mas long as short