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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against OKX0.000%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$880.883% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.267%+$27 on $10k
Price spread, last 7 days+0.015%+$1 · spread now 0.000%, 7d avg −0.031%
Together, before fees+0.281%+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.031% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GIGGLE-USDT-SWAP39.6000.0100pay 0.0050% / 4h16m 02s$1.5M$5.5M50x
ShortBingX GIGGLE-USDT39.6000.0238get 0.0119% / 4h16m 02s$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$28.98
Price spread: 0.000% → −0.031%
$3.15
Slippage, 4 orders
−$68.28
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$56.15
Costs to cover
0.883%
Break-even
20.6 days
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 11 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 OKX live order book, 2 min ago1.26 bp15.3 bp −$15157.1 bp −$1,571doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago16.38 bp28.4 bp −$2850.1 bp −$501159.0 bp −$15.9Kdoesn'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
KuCoin GIGGLEUSDTM−0.0068%4h39.580−0.051%$2.1M$3.7M50xas long as short
BloFin GIGGLE-USDT+0.0067%4h39.590−0.025%$499K$50K50xas long as short
Aster GIGGLEUSDT+0.0100%4h39.615+0.037%$50K$135K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.590−0.025%$11.7M$18.5M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.620+0.051%$1.8M$2.2M25xas long as short
OKX GIGGLE-USDT-SWAPlong+0.0100%4h39.600long leg$1.5M$5.5M50x
Gate GIGGLE_USDT+0.0100%4h39.6000.000%$386K$657K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.580−0.051%$1.7M$497K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.643+0.109%$27K$8Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h39.610+0.024%$211K$479K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h39.6000.000%$1K$1.6M20xas long as short
Extended GIGGLE-USD+0.0104%1h39.579−0.052%$2K$202K5xas long as short
MEXC GIGGLE_USDT+0.0238%4h39.590−0.025%$1.4M$806K50xas long as short
BingX GIGGLE-USDTshort+0.0238%4h39.6000.000%$6.7M