Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%

Price spread now: Gate against OKX+0.251%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$930.935% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.334%−$33 · spread now +0.251%, 7d avg −0.029%

Together, before fees−0.351%−$35 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.279% dearer against OKX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GIGGLE-USDT-SWAP	39.890	0.0100	pay 0.0050% / 4h	58m 47s	$1.4M	$5.3M	50x
Short	Gate GIGGLE_USDT	39.990	0.0100	get 0.0050% / 4h	58m 47s	$392K	$638K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee OKXbpFee GatebpOrdersPrice spread, now +0.251%Rate

Funding earned: $0
Price spread: +0.251% → −0.029%: $27.95
Slippage, 4 orders: −$68.47
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$65.53
Costs to cover: 0.935%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Gate: live order book, 42 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 OKX live order book, 4 min ago	2.52 bp	21.4 bp −$21	213.1 bp −$2,131	doesn't fit	doesn't fit
Sell Gate live order book, 42 min ago	3.81 bp	28.8 bp −$29	doesn't fit	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
KuCoin GIGGLEUSDTM	−0.0020%	4h	39.960	+0.175%	$2.1M	$3.7M	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.982	+0.232%	$49K	$134K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.916	+0.064%	$11.8M	$17.4M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	39.920	+0.075%	$1.7M	$2.1M	25x	as long as short
OKX GIGGLE-USDT-SWAPlong	+0.0100%	4h	39.890	long leg	$1.4M	$5.3M	50x
Gate GIGGLE_USDTshort	+0.0100%	4h	39.990	+0.251%	$392K	$638K	50x
Bitget GIGGLEUSDT	+0.0100%	4h	39.890	0.000%	$1.7M	$483K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.923	+0.083%	$27K	$7K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.870	−0.049%	$210K	$472K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	39.950	+0.150%	$2K	$1.6M	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	39.909	+0.048%	$2K	$167K	5x	as long as short
BloFin GIGGLE-USDT	+0.0113%	4h	39.960	+0.175%	$501K	$46K	50x	as long as short
MEXC GIGGLE_USDT	+0.0238%	4h	39.920	+0.075%	$1.5M	$768K	50x	as long as short
BingX GIGGLE-USDT	+0.0238%	4h	39.890	0.000%	—	$6.7M	—	as long as short