Funding you earn now, next payment 08:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against BingX+0.103%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.103%, 7d avg +0.032%
=The price spread pays, funding is against you. OKX is 0.071% dearer against BingX than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.032%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GIGGLE-USDT | 38.880 | 0.0228 | pay 0.0114% / 4h | 3h 22m | — | $6.7M | — |
| Short | OKX GIGGLE-USDT-SWAP | 38.920 | 0.0100 | get 0.0050% / 4h | 3h 22m | $1.3M | $4.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26.88
- Price spread: +0.103% → +0.032%
- $7.1
- Slippage, 4 orders
- −$71.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$110.99
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; OKX: live order book, just now.
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, 15 min ago | 15.42 bp | 27.8 bp −$28 | 50.4 bp −$504 | 512.9 bp −$51.3K | doesn't fit |
| Sell OKX live order book, just now | 2.57 bp | 19.2 bp −$19 | 101.3 bp −$1,013 | 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 | 38.881 | +0.003% | $46K | $133K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.880 | 0.000% | $11.3M | $14.8M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.870 | −0.026% | $1.6M | $1.8M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAPshort | +0.0100% | 4h | 38.920 | +0.103% | $1.3M | $4.6M | 50x | |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.850 | −0.077% | $366K | $577K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.860 | −0.051% | $2.1M | $3.9M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.900 | +0.051% | $1.7M | $451K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.988 | +0.277% | $27K | $3K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.014 | +0.344% | $205K | $483K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.870 | −0.026% | $2K | $1.4M | 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 | 38.887 | +0.019% | $2K | $157K | 5x | as long as short |
| BloFin GIGGLE-USDT | +0.0140% | 4h | 38.920 | +0.103% | $490K | $37K | 50x | as long as short |
| MEXC GIGGLE_USDT | +0.0228% | 4h | 38.890 | +0.026% | $1.4M | $670K | 50x | as long as short |
| BingX GIGGLE-USDTlong | +0.0228% | 4h | 38.880 | long leg | — | $6.7M | — |
BingX GIGGLE-USDT
OKX GIGGLE-USDT-SWAP
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
BloFin GIGGLE-USDT
MEXC GIGGLE_USDT