Settings8H · net · $10k
Funding arb · Price arb /

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1221.219% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.539%−$54 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GIGGLEUSDTM38.4000.0100pay 0.0050% / 4h2h 57m$2.1M$4.1M50x
ShortBloFin GIGGLE-USDT38.5500.0128get 0.0064% / 4h2h 57m$481K$34K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago3.89 bp47.1 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago3.86 bp19.9 bp −$2031.7 bp −$317doesn'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
Binance GIGGLEUSDT+0.0100%4h38.422+0.058%$10.9M$13.6M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.480+0.208%$1.6M$1.7M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.490+0.234%$1.2M$4.0M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.410+0.026%$375K$534K50xas long as short
KuCoin GIGGLEUSDTMlong+0.0100%4h38.400long leg$2.1M$4.1M50x
Bitget GIGGLEUSDT+0.0100%4h38.440+0.104%$1.7M$479K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.608+0.542%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.561+0.418%$204K$548K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.4000.000%$1K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.439+0.102%$1K$168K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GIGGLEUSDT+0.0116%4h38.435+0.092%$51K$121K5xas long as short
BloFin GIGGLE-USDTshort+0.0128%4h38.550+0.391%$481K$34K50x
MEXC GIGGLE_USDT+0.0214%4h38.420+0.052%$1.3M$626K50xas long as short
BingX GIGGLE-USDT+0.0214%4h38.490+0.234%$6.7Mas long as short