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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GIGGLE_USDT | 39.160 | 0.0228 | pay 0.0114% / 4h | 3h 27m | $1.4M | $668K | 50x |
| Short | KuCoin GIGGLEUSDTM | 39.130 | 0.0100 | get 0.0050% / 4h | 3h 27m | $2.1M | $3.9M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 3 min ago | 1.27 bp | 5.0 bp −$5 | 25.8 bp −$258 | 124.2 bp −$12.4K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.56 bp | 53.4 bp −$53 | 758.7 bp −$7,587 | 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 | 39.192 | +0.083% | $47K | $133K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.167 | +0.017% | $11.2M | $14.6M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.180 | +0.051% | $1.6M | $1.8M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.190 | +0.077% | $1.4M | $4.5M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.200 | +0.102% | $370K | $577K | 50x | as long as short |
| KuCoin GIGGLEUSDTMshort | +0.0100% | 4h | 39.130 | −0.077% | $2.1M | $3.9M | 50x | |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.180 | +0.051% | $1.7M | $451K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.438 | +0.710% | $27K | $3K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.420 | +0.664% | $208K | $483K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 39.180 | +0.051% | $2K | $1.4M | 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 | 39.155 | −0.012% | $4K | $161K | 5x | as long as short |
| BloFin GIGGLE-USDT | +0.0131% | 4h | 39.260 | +0.255% | $482K | $38K | 50x | as long as short |
| MEXC GIGGLE_USDTlong | +0.0228% | 4h | 39.160 | long leg | $1.4M | $668K | 50x | |
| BingX GIGGLE-USDT | +0.0228% | 4h | 39.190 | +0.077% | — | $6.7M | — | as long as short |
MEXC GIGGLE_USDT
KuCoin GIGGLEUSDTM
Aster GIGGLEUSDT
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
BloFin GIGGLE-USDT
BingX GIGGLE-USDT