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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GIGGLE-USDT-SWAP | 39.600 | 0.0100 | pay 0.0050% / 4h | 16m 02s | $1.5M | $5.5M | 50x |
| Short | BingX GIGGLE-USDT | 39.600 | 0.0238 | get 0.0119% / 4h | 16m 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 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: 0.000% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 2 min ago | 1.26 bp | 15.3 bp −$15 | 157.1 bp −$1,571 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 16.38 bp | 28.4 bp −$28 | 50.1 bp −$501 | 159.0 bp −$15.9K | 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 | −0.0068% | 4h | 39.580 | −0.051% | $2.1M | $3.7M | 50x | as long as short |
| BloFin GIGGLE-USDT | +0.0067% | 4h | 39.590 | −0.025% | $499K | $50K | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.615 | +0.037% | $50K | $135K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.590 | −0.025% | $11.7M | $18.5M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.620 | +0.051% | $1.8M | $2.2M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAPlong | +0.0100% | 4h | 39.600 | long leg | $1.5M | $5.5M | 50x | |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.600 | 0.000% | $386K | $657K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.580 | −0.051% | $1.7M | $497K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.643 | +0.109% | $27K | $8K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.610 | +0.024% | $211K | $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 | 39.600 | 0.000% | $1K | $1.6M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 39.579 | −0.052% | $2K | $202K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0238% | 4h | 39.590 | −0.025% | $1.4M | $806K | 50x | as long as short |
| BingX GIGGLE-USDTshort | +0.0238% | 4h | 39.600 | 0.000% | — | $6.7M | — |
OKX GIGGLE-USDT-SWAP
BingX GIGGLE-USDT
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
MEXC GIGGLE_USDT