Funding you earn now, next payment 04:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.57 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against MEXC+0.103%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days−0.249%−$25 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.103%, 7d avg +0.067%
=The price spread pays, funding is against you. OKX is 0.036% dearer against MEXC than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.067%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GIGGLE_USDT | 38.820 | 0.0214 | pay 0.0107% / 4h | 3h 06m | $1.4M | $635K | 50x |
| Short | OKX GIGGLE-USDT-SWAP | 38.860 | 0.0100 | get 0.0050% / 4h | 3h 06m | $1.2M | $4.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$23.94
- Price spread: +0.103% → +0.067%
- $3.57
- Slippage, 4 orders
- −$29.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$63.94
- Costs to cover
- 0.436%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago | 1.29 bp | 5.4 bp −$5 | 20.4 bp −$204 | 114.8 bp −$11.5K | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.29 bp | 15.9 bp −$16 | 98.7 bp −$987 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GIGGLE-USDT | +0.0042% | 4h | 38.780 | −0.103% | $481K | $33K | 50x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.832 | +0.032% | $11.0M | $13.6M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.860 | +0.103% | $1.6M | $1.7M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAPshort | +0.0100% | 4h | 38.860 | +0.103% | $1.2M | $4.1M | 50x | |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.850 | +0.077% | $382K | $550K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.810 | −0.026% | $2.2M | $4.1M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.840 | +0.052% | $1.7M | $487K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.834 | +0.035% | $27K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.780 | −0.103% | $205K | $563K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.800 | −0.052% | $2K | $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 | 38.831 | +0.028% | $1K | $172K | 5x | as long as short |
| Aster GIGGLEUSDT | +0.0188% | 4h | 38.832 | +0.030% | $52K | $121K | 5x | as long as short |
| MEXC GIGGLE_USDTlong | +0.0214% | 4h | 38.820 | long leg | $1.4M | $635K | 50x | |
| BingX GIGGLE-USDT | +0.0214% | 4h | 38.820 | 0.000% | — | $6.7M | — | as long as short |
MEXC GIGGLE_USDT
OKX GIGGLE-USDT-SWAP
BloFin GIGGLE-USDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
Aster GIGGLEUSDT
BingX GIGGLE-USDT