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−0.0016%/8h= −1.8% APRnext payment $0.08 per $10,000 · paid last 24h +0.013%
Price spread now: Gate against BloFin−0.311%48s7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$850.846% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.585%+$59 · spread now −0.311%, 7d avg +0.064%
Together, before fees+0.595%+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.374% cheaper against BloFin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT38.6400.0116pay 0.0058% / 4h2h 28m$487K$39K50x
ShortGate GIGGLE_USDT38.5200.0100get 0.0050% / 4h2h 28m$361K$597K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$3.43
Price spread: −0.311% → +0.064%
−$37.41
Slippage, 4 orders
−$57.65
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$125.49
Costs to cover
0.846%
Break-even
never at this rate
Slippage from BloFin: live order book, 63 min ago; Gate: live order book, 18 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, 63 min ago1.26 bp18.3 bp −$1837.3 bp −$373doesn't fitdoesn't fit
Sell Gate live order book, 18 min ago3.85 bp25.8 bp −$26doesn't fitdoesn't fitdoesn'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
KuCoin GIGGLEUSDTM−0.0106%4h38.510−0.336%$2.0M$3.8M50xas long as short
Aster GIGGLEUSDT+0.0100%4h38.513−0.328%$46K$136K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.480−0.414%$11.1M$15.6M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.510−0.336%$1.6M$2.0M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.500−0.362%$1.3M$4.7M50xas long as short
Gate GIGGLE_USDTshort+0.0100%4h38.520−0.311%$361K$597K50x
Bitget GIGGLEUSDT+0.0100%4h38.520−0.311%$1.7M$463K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.629−0.028%$27K$3Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.627−0.035%$203K$470K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.510−0.336%$1K$1.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.480−0.415%$3K$169K5xas long as short
BloFin GIGGLE-USDTlong+0.0116%4h38.640long leg$487K$39K50x
MEXC GIGGLE_USDT+0.0228%4h38.510−0.336%$1.3M$689K50xas long as short
BingX GIGGLE-USDT+0.0228%4h38.490−0.388%$6.6Mas long as short