GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.74 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit−0.150%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$342as in the Funding arb table

Net, price: spread back to 7d avg − costs−$356as in the Price arb table

costs, in and out, $10k−$3423.423% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days+0.170%+$17 · spread now −0.150%, 7d avg −0.015%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.135% cheaper against Bybit than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	39.950	0.0100	pay 0.0050% / 4h	56m 46s	$1.7M	$2.1M	25x
Short	KuCoin GIGGLEUSDTM	39.890	−0.0048	pay 0.0024% / 4h	56m 46s	$2.1M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$31.08
Price spread: −0.150% → −0.015%: −$13.5
Slippage, 4 orders: −$319.32
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$386.9
Costs to cover: 3.423%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 11 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 Bybit live order book, 5 min ago	1.25 bp	48.2 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	2.52 bp	42.4 bp −$42	790.5 bp −$7,905	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
KuCoin GIGGLEUSDTMshort	−0.0048%	4h	39.890	−0.150%	$2.1M	$3.7M	50x
BloFin GIGGLE-USDT	+0.0054%	4h	39.840	−0.275%	$498K	$46K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.935	−0.038%	$49K	$134K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.904	−0.116%	$11.8M	$17.5M	50x	as long as short
Bybit GIGGLEUSDTlong	+0.0100%	4h	39.950	long leg	$1.7M	$2.1M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	39.920	−0.075%	$1.4M	$5.3M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	39.830	−0.300%	$390K	$638K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.910	−0.100%	$1.7M	$484K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.923	−0.068%	$27K	$7K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.870	−0.199%	$210K	$472K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GIGGLE-USDT	+0.0100%	4h	39.840	−0.275%	$2K	$1.6M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	39.819	−0.329%	$3K	$174K	5x	as long as short
MEXC GIGGLE_USDT	+0.0238%	4h	39.870	−0.200%	$1.5M	$772K	50x	as long as short
BingX GIGGLE-USDT	+0.0238%	4h	39.890	−0.150%	—	$6.7M	—	as long as short