Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.037%

Price spread now: Extended against MEXC−0.032%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.275%−$28 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.032%, 7d avg −0.007%

Together, before fees−0.202%+ Points / potential airdropExtended: Active · farm board−$20 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 Extended is 0.025% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.007%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GIGGLE_USDT	39.550	0.0238	pay 0.0119% / 4h	1h 27m	$1.4M	$723K	50x
Short	Extended GIGGLE-USD	39.537	0.0104	get 0.0013% / 1h	27m 37s	$902	$160K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$28.14
Price spread: −0.032% → −0.007%: −$2.47
Slippage, 4 orders: −$37.92
Fee MEXC: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$77.53
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Extended: live order book, 13 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 MEXC live order book, 4 min ago	1.26 bp	4.9 bp −$5	22.5 bp −$225	125.6 bp −$12.6K	doesn't fit
Sell Extended live order book, 13 min ago	3.06 bp	25.5 bp −$25	163.1 bp −$1,631	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	39.520	−0.076%	$2.1M	$3.7M	50x	as long as short
BloFin GIGGLE-USDT	+0.0081%	4h	39.560	+0.025%	$489K	$44K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.569	+0.047%	$48K	$133K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.557	+0.017%	$11.5M	$16.7M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	39.550	0.000%	$1.7M	$2.1M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	39.520	−0.076%	$1.4M	$5.1M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	39.550	0.000%	$376K	$624K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.540	−0.025%	$1.7M	$472K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.463	−0.220%	$27K	$7K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.440	−0.278%	$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	39.550	0.000%	$1K	$1.5M	20x	as long as short
Extended GIGGLE-USDshort	+0.0104%	1h	39.537	−0.032%	$902	$160K	5x
MEXC GIGGLE_USDTlong	+0.0238%	4h	39.550	long leg	$1.4M	$723K	50x
BingX GIGGLE-USDT	+0.0238%	4h	39.520	−0.076%	—	$6.7M	—	as long as short