Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin+0.391%80s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1221.219% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.535%−$54 · spread now +0.391%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.420% dearer against KuCoin than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of −0.030%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GIGGLEUSDTM | 38.400 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $2.1M | $4.1M | 50x |
| Short | BloFin GIGGLE-USDT | 38.550 | 0.0128 | get 0.0064% / 4h | 2h 57m | $481K | $34K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $5.91
- Price spread: +0.391% → −0.030%
- $42.02
- Slippage, 4 orders
- −$97.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$73.98
- Costs to cover
- 1.219%
- Break-even
- 94.6 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 8 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 KuCoin live order book, 5 min ago | 3.89 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 3.86 bp | 19.9 bp −$20 | 31.7 bp −$317 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.422 | +0.058% | $10.9M | $13.6M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.480 | +0.208% | $1.6M | $1.7M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.490 | +0.234% | $1.2M | $4.0M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.410 | +0.026% | $375K | $534K | 50x | as long as short |
| KuCoin GIGGLEUSDTMlong | +0.0100% | 4h | 38.400 | long leg | $2.1M | $4.1M | 50x | |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.440 | +0.104% | $1.7M | $479K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.608 | +0.542% | $27K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.561 | +0.418% | $204K | $548K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.400 | 0.000% | $1K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.439 | +0.102% | $1K | $168K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GIGGLEUSDT | +0.0116% | 4h | 38.435 | +0.092% | $51K | $121K | 5x | as long as short |
| BloFin GIGGLE-USDTshort | +0.0128% | 4h | 38.550 | +0.391% | $481K | $34K | 50x | |
| MEXC GIGGLE_USDT | +0.0214% | 4h | 38.420 | +0.052% | $1.3M | $626K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0214% | 4h | 38.490 | +0.234% | — | $6.7M | — | as long as short |
KuCoin GIGGLEUSDTM
BloFin GIGGLE-USDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
Aster GIGGLEUSDT
MEXC GIGGLE_USDT
BingX GIGGLE-USDT