Funding you earn now, next payment 08:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.69 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against MEXC+0.025%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.025%, 7d avg +0.068%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.043% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GIGGLE_USDT | 39.280 | 0.0238 | pay 0.0119% / 4h | 1h 42m | $1.4M | $716K | 50x |
| Short | OKX GIGGLE-USDT-SWAP | 39.290 | 0.0100 | get 0.0050% / 4h | 1h 42m | $1.4M | $5.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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
- −$28.98
- Price spread: +0.025% → +0.068%
- −$4.28
- Slippage, 4 orders
- −$33.72
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$80.98
- Costs to cover
- 0.477%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 5 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 | 1.27 bp | 4.6 bp −$5 | 19.1 bp −$191 | 122.7 bp −$12.3K | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.27 bp | 20.2 bp −$20 | 99.2 bp −$992 | 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 | −0.0056% | 4h | 39.260 | −0.051% | $2.1M | $3.8M | 50x | as long as short |
| BloFin GIGGLE-USDT | +0.0081% | 4h | 39.340 | +0.153% | $487K | $42K | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.295 | +0.038% | $47K | $133K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.290 | +0.025% | $11.4M | $16.5M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.300 | +0.051% | $1.7M | $2.0M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAPshort | +0.0100% | 4h | 39.290 | +0.025% | $1.4M | $5.0M | 50x | |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.290 | +0.025% | $371K | $618K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.300 | +0.051% | $1.7M | $462K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.348 | +0.173% | $27K | $7K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.299 | +0.048% | $198K | $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 | 39.310 | +0.076% | $2K | $1.5M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 39.260 | −0.051% | $895 | $165K | 5x | as long as short |
| MEXC GIGGLE_USDTlong | +0.0238% | 4h | 39.280 | long leg | $1.4M | $716K | 50x | |
| BingX GIGGLE-USDT | +0.0238% | 4h | 39.280 | 0.000% | — | $6.7M | — | as long as short |
MEXC GIGGLE_USDT
OKX GIGGLE-USDT-SWAP
KuCoin GIGGLEUSDTM
BloFin GIGGLE-USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
BingX GIGGLE-USDT