Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0110%/8h= −12.0% APRpaid last 24h −0.055%

Price spread now: Extended against BingX+0.075%7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$1011.008% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.296%−$30 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.075%, 7d avg −0.061%

Together, before fees−0.359%+ Points / potential airdropExtended: Active · farm board−$36 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.136% dearer against BingX than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.061%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GIGGLE-USDT	38.590	0.0214	pay 0.0107% / 4h	3h 55m	—	$6.7M	—
Short	Extended GIGGLE-USD	38.619	0.0104	get 0.0013% / 1h	55m 28s	$2K	$182K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpFee ExtendedbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$23.1
Price spread: +0.075% → −0.061%: $13.62
Slippage, 4 orders: −$85.75
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$110.23
Costs to cover: 1.008%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Extended: live order book, 16 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 BingX live order book, 2 min ago	16.84 bp	27.4 bp −$27	44.8 bp −$448	361.9 bp −$36.2K	doesn't fit
Sell Extended live order book, 16 min ago	3.53 bp	21.3 bp −$21	149.3 bp −$1,493	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	+0.0080%	4h	38.560	−0.078%	$473K	$32K	50x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.621	+0.080%	$10.9M	$13.6M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.660	+0.181%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.600	+0.026%	$1.2M	$4.0M	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.590	0.000%	$2.1M	$4.2M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.590	0.000%	$1.7M	$502K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.680	+0.233%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.574	−0.040%	$204K	$574K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.620	+0.078%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USDshort	+0.0104%	1h	38.619	+0.075%	$2K	$182K	5x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GIGGLEUSDT	+0.0211%	4h	38.629	+0.101%	$51K	$114K	5x	as long as short
MEXC GIGGLE_USDT	+0.0214%	4h	38.570	−0.052%	$1.5M	$612K	50x	as long as short
BingX GIGGLE-USDTlong	+0.0214%	4h	38.590	long leg	—	$6.7M	—
Gate GIGGLE_USDT	+0.0402%	4h	38.620	+0.078%	$386K	$539K	50x	as long as short