GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.76 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against KuCoin+0.280%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$357as in the Funding arb table

Net, price: spread back to 7d avg − costs−$330as in the Price arb table

costs, in and out, $10k−$3573.569% of the position

Long on KuCoin Short on Bybit

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−0.304%−$30 · spread now +0.280%, 7d avg +0.015%

Together, before fees−0.309%−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.265% dearer against KuCoin than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GIGGLEUSDTM	39.290	−0.0052	get 0.0026% / 4h	2h 05m	$2.1M	$3.8M	50x
Short	Bybit GIGGLEUSDT	39.400	0.0100	get 0.0050% / 4h	2h 05m	$1.7M	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now +0.280%Rate

Funding earned: $31.92
Price spread: +0.280% → +0.015%: $26.49
Slippage, 4 orders: −$333.91
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$298.5
Costs to cover: 3.569%
Break-even: 72.5 days

Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 6 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, 6 min ago	2.56 bp	223.0 bp −$223	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	5.11 bp	47.3 bp −$47	563.0 bp −$5,630	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 GIGGLEUSDTMlong	−0.0052%	4h	39.290	long leg	$2.1M	$3.8M	50x
BloFin GIGGLE-USDT	+0.0074%	4h	39.190	−0.255%	$486K	$41K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.364	+0.187%	$47K	$136K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.370	+0.204%	$11.4M	$15.9M	50x	as long as short
Bybit GIGGLEUSDTshort	+0.0100%	4h	39.400	+0.280%	$1.7M	$2.0M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	39.390	+0.255%	$1.4M	$4.9M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	39.340	+0.127%	$370K	$612K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.370	+0.204%	$1.7M	$476K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.123	−0.425%	$25K	$5K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.113	−0.450%	$206K	$470K	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	39.380	+0.229%	$1K	$1.5M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	39.359	+0.176%	$897	$167K	5x	as long as short
MEXC GIGGLE_USDT	+0.0228%	4h	39.360	+0.178%	$1.4M	$708K	50x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	39.390	+0.255%	—	$6.7M	—	as long as short