GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.60 per $10,000 · paid last 24h −0.038%

Price spread now: KuCoin against OKX−0.051%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$195as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$1911.914% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 7 days+0.095%+$9 · spread now −0.051%, 7d avg −0.011%

Together, before fees+0.059%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.040% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GIGGLE-USDT-SWAP	39.150	0.0100	pay 0.0050% / 4h	3h 38m	$1.4M	$5.5M	50x
Short	KuCoin GIGGLEUSDTM	39.130	−0.0020	pay 0.0010% / 4h	3h 38m	$2.1M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$25.2
Price spread: −0.051% → −0.011%: −$4.03
Slippage, 4 orders: −$169.41
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$220.64
Costs to cover: 1.914%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 9 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	2.54 bp	17.5 bp −$18	201.0 bp −$2,010	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	1.27 bp	31.3 bp −$31	731.7 bp −$7,317	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 GIGGLEUSDTMshort	−0.0020%	4h	39.130	−0.051%	$2.1M	$3.7M	50x
Aster GIGGLEUSDT	+0.0100%	4h	39.163	+0.033%	$47K	$138K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.140	−0.026%	$11.5M	$19.0M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	39.180	+0.077%	$1.7M	$2.3M	25x	as long as short
OKX GIGGLE-USDT-SWAPlong	+0.0100%	4h	39.150	long leg	$1.4M	$5.5M	50x
Gate GIGGLE_USDT	+0.0100%	4h	39.150	0.000%	$384K	$642K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.090	−0.153%	$1.7M	$505K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.408	+0.660%	$27K	$8K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.284	+0.343%	$209K	$479K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	39.150	0.000%	$2K	$1.7M	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	39.080	−0.179%	$894	$200K	5x	as long as short
BloFin GIGGLE-USDT	+0.0152%	4h	39.130	−0.051%	$492K	$52K	50x	as long as short
MEXC GIGGLE_USDT	+0.0238%	4h	39.110	−0.102%	$1.4M	$824K	50x	as long as short
BingX GIGGLE-USDT	+0.0238%	4h	39.140	−0.026%	—	$6.7M	—	as long as short