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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against OKX0.000%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$420.415% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.249%+$25 on $10k
Price spread, last 7 days−0.062%−$6 · spread now 0.000%, 7d avg −0.068%
Together, before fees+0.187%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.068% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GIGGLE-USDT-SWAP38.6000.0100pay 0.0050% / 4h2h 17m$1.2M$4.1M50x
ShortMEXC GIGGLE_USDT38.6000.0214get 0.0107% / 4h2h 17m$1.3M$655K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$23.94
Price spread: 0.000% → −0.068%
$6.76
Slippage, 4 orders
−$27.53
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$10.83
Costs to cover
0.415%
Break-even
10.2 days
Slippage from OKX: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago1.29 bp16.9 bp −$17143.1 bp −$1,431doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.29 bp5.6 bp −$620.3 bp −$203115.6 bp −$11.6K441.4 bp −$220.7K

GIGGLE on 13 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
Aster GIGGLEUSDT+0.0100%4h38.678+0.202%$49K$128K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.590−0.026%$10.9M$13.7M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.6000.000%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAPlong+0.0100%4h38.600long leg$1.2M$4.1M50x
Gate GIGGLE_USDT+0.0100%4h38.6000.000%$371K$552K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.620+0.052%$2.1M$4.1M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.610+0.026%$1.7M$469K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.728+0.331%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.680+0.207%$204K$539K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.590−0.026%$1K$1.3M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.580−0.053%$1K$170K5xas long as short
MEXC GIGGLE_USDTshort+0.0214%4h38.6000.000%$1.3M$655K50x
BingX GIGGLE-USDT+0.0214%4h38.590−0.026%$6.7Mas long as short