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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.08 per $10,000 · paid last 24h −0.032%
Price spread now: BloFin against OKX−0.104%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.622% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)−0.231%−$23 · spread now −0.104%, 7d avg −0.083%
Together, before fees−0.262%−$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.021% cheaper against OKX than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.083%). If the spread goes back, that is −$2 on $10k: about 4.7 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GIGGLE-USDT-SWAP38.4000.0100pay 0.0050% / 4h45m 18s$1.3M$4.2M50x
ShortBloFin GIGGLE-USDT38.3600.0115get 0.0058% / 4h45m 18s$482K$36K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$3.16
Price spread: −0.104% → −0.083%
−$2.1
Slippage, 4 orders
−$40.15
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$61.09
Costs to cover
0.622%
Break-even
142.2 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 56 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 OKX live order book, 2 min ago2.61 bp16.2 bp −$16144.4 bp −$1,444doesn't fitdoesn't fit
Sell BloFin live order book, 56 min ago2.59 bp16.8 bp −$1727.0 bp −$270doesn'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%4h38.386−0.035%$47K$130K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.383−0.045%$10.9M$14.0M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.420+0.052%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAPlong+0.0100%4h38.400long leg$1.3M$4.2M50x
Gate GIGGLE_USDT+0.0100%4h38.380−0.052%$365K$553K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.350−0.130%$2.1M$4.0M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.380−0.052%$1.7M$458K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.403+0.008%$26K$3Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.320−0.208%$202K$505K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.340−0.156%$1K$1.3M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.374−0.068%$3K$165K5xas long as short
BloFin GIGGLE-USDTshort+0.0115%4h38.360−0.104%$482K$36K50x
MEXC GIGGLE_USDT+0.0228%4h38.370−0.078%$1.3M$651K50xas long as short
BingX GIGGLE-USDT+0.0228%4h38.390−0.026%$6.7Mas long as short