Settings8H · net · $10k
Funding arb · Price arb /

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.1% APRnext payment $0.14 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin+0.047%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now +0.047%, 7d avg +0.023%
Together, before fees+0.159%+$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.024% dearer against BloFin than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.023%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.007% in total) that is about 23 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT38.9100.0129pay 0.0064% / 4h3h 21m$496K$37K50x
ShortBinance GIGGLEUSDT38.9280.0100get 0.0050% / 4h3h 21m$11.3M$14.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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

Funding earned
−$6.03
Price spread: +0.047% → +0.023%
$2.36
Slippage, 4 orders
−$39.14
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$64.82
Costs to cover
0.611%
Break-even
never at this rate
Slippage from BloFin: live order book, 10 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 10 min ago1.26 bp18.3 bp −$1837.3 bp −$373doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.28 bp14.5 bp −$1432.3 bp −$323387.9 bp −$38.8Kdoesn't fit

GIGGLE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GIGGLEUSDT+0.0100%4h38.945+0.090%$46K$133K5xas long as short
Binance GIGGLEUSDTshort+0.0100%4h38.928+0.047%$11.3M$14.8M50x
Bybit GIGGLEUSDT+0.0100%4h38.940+0.077%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.940+0.077%$1.3M$4.6M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.960+0.129%$366K$578K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.940+0.077%$2.1M$3.9M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.940+0.077%$1.7M$451K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.928+0.047%$27K$3Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h39.014+0.267%$205K$483K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.920+0.026%$2K$1.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.908−0.005%$2K$157K5xas long as short
BloFin GIGGLE-USDTlong+0.0129%4h38.910long leg$496K$37K50x
MEXC GIGGLE_USDT+0.0228%4h38.9100.000%$1.4M$670K50xas long as short
BingX GIGGLE-USDT+0.0228%4h38.920+0.026%$6.7Mas long as short