Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%

Price spread now: OKX against Bybit+0.025%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1261.261% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days−0.059%−$6 · spread now +0.025%, 7d avg −0.005%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.030% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	39.520	0.0100	pay 0.0050% / 4h	1h 26m	$1.7M	$2.1M	25x
Short	OKX GIGGLE-USDT-SWAP	39.530	0.0100	get 0.0050% / 4h	1h 26m	$1.4M	$5.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.025%Rate

Funding earned: $0
Price spread: +0.025% → −0.005%: $3.03
Slippage, 4 orders: −$105.06
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$123.03
Costs to cover: 1.261%
Break-even: never at this rate

Slippage from Bybit: live order book, 10 min ago; OKX: live order book, 1 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, 10 min ago	5.07 bp	49.8 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	2.53 bp	14.8 bp −$15	103.7 bp −$1,037	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 GIGGLEUSDTM	−0.0070%	4h	39.500	−0.051%	$2.1M	$3.7M	50x	as long as short
BloFin GIGGLE-USDT	+0.0063%	4h	39.510	−0.025%	$489K	$44K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.545	+0.063%	$48K	$133K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.530	+0.025%	$11.5M	$16.8M	50x	as long as short
Bybit GIGGLEUSDTlong	+0.0100%	4h	39.520	long leg	$1.7M	$2.1M	25x
OKX GIGGLE-USDT-SWAPshort	+0.0100%	4h	39.530	+0.025%	$1.4M	$5.1M	50x
Gate GIGGLE_USDT	+0.0100%	4h	39.530	+0.025%	$376K	$625K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.530	+0.025%	$1.7M	$472K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.463	−0.144%	$27K	$7K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.440	−0.202%	$207K	$479K	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	39.540	+0.051%	$1K	$1.5M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	39.480	−0.101%	$902	$160K	5x	as long as short
MEXC GIGGLE_USDT	+0.0238%	4h	39.510	−0.025%	$1.4M	$723K	50x	as long as short
BingX GIGGLE-USDT	+0.0238%	4h	39.520	0.000%	—	$6.7M	—	as long as short