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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GIGGLE-USDT | 38.910 | 0.0129 | pay 0.0064% / 4h | 3h 21m | $496K | $37K | 50x |
| Short | Binance GIGGLEUSDT | 38.928 | 0.0100 | get 0.0050% / 4h | 3h 21m | $11.3M | $14.8M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 10 min ago | 1.26 bp | 18.3 bp −$18 | 37.3 bp −$373 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.28 bp | 14.5 bp −$14 | 32.3 bp −$323 | 387.9 bp −$38.8K | 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 | 38.945 | +0.090% | $46K | $133K | 5x | as long as short |
| Binance GIGGLEUSDTshort | +0.0100% | 4h | 38.928 | +0.047% | $11.3M | $14.8M | 50x | |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.940 | +0.077% | $1.6M | $1.8M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.940 | +0.077% | $1.3M | $4.6M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.960 | +0.129% | $366K | $578K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.940 | +0.077% | $2.1M | $3.9M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.940 | +0.077% | $1.7M | $451K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.928 | +0.047% | $27K | $3K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.014 | +0.267% | $205K | $483K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.920 | +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 | 38.908 | −0.005% | $2K | $157K | 5x | as long as short |
| BloFin GIGGLE-USDTlong | +0.0129% | 4h | 38.910 | long leg | $496K | $37K | 50x | |
| MEXC GIGGLE_USDT | +0.0228% | 4h | 38.910 | 0.000% | $1.4M | $670K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0228% | 4h | 38.920 | +0.026% | — | $6.7M | — | as long as short |
BloFin GIGGLE-USDT
Binance GIGGLEUSDT
Aster GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT
BingX GIGGLE-USDT