Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.052%

Price spread now: GRVT against OKX−0.158%61s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$880.884% of the position

Long on OKX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 3 days (all we have)+0.548%+$55 · spread now −0.158%, 7d avg −0.021%

Together, before fees+0.496%+ Points / potential airdropGRVT: Active · farm board+$50 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: GRVT is 0.137% cheaper against OKX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GIGGLE-USDT-SWAP	38.770	0.0100	pay 0.0050% / 4h	54m 37s	$1.2M	$4.0M	50x
Short	GRVT GIGGLE_USDT_Perp	38.709	0.0100	get 0.0050% / 4h	54m 37s	$196K	$612K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.158%Rate

Funding earned: $0
Price spread: −0.158% → −0.021%: −$13.68
Slippage, 4 orders: −$69.38
Fee OKX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$102.06
Costs to cover: 0.884%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 23 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, 3 min ago	1.29 bp	18.5 bp −$18	139.5 bp −$1,395	doesn't fit	doesn't fit
Sell GRVT live order book, 23 min ago	5.19 bp	21.1 bp −$21	67.5 bp −$675	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	38.780	+0.026%	$51K	$113K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.780	+0.026%	$11.0M	$13.4M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.780	+0.026%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAPlong	+0.0100%	4h	38.770	long leg	$1.2M	$4.0M	50x
Gate GIGGLE_USDT	+0.0100%	4h	38.760	−0.026%	$387K	$544K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.770	0.000%	$2.1M	$4.3M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.770	0.000%	$1.7M	$492K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.750	−0.052%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perpshort	+0.0100%	4h	38.709	−0.158%	$196K	$612K	10x
SunX GIGGLE-USDT	+0.0100%	4h	38.780	+0.026%	$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	38.756	−0.036%	$2K	$184K	5x	as long as short
BloFin GIGGLE-USDT	+0.0143%	4h	38.770	0.000%	$482K	$32K	50x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.760	−0.026%	$1.5M	$615K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.760	−0.026%	—	$6.7M	—	as long as short