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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GIGGLE-USDT-SWAP | 38.600 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $1.2M | $4.1M | 50x |
| Short | MEXC GIGGLE_USDT | 38.600 | 0.0214 | get 0.0107% / 4h | 2h 17m | $1.3M | $655K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 1.29 bp | 16.9 bp −$17 | 143.1 bp −$1,431 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.29 bp | 5.6 bp −$6 | 20.3 bp −$203 | 115.6 bp −$11.6K | 441.4 bp −$220.7K |
GIGGLE on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GIGGLEUSDT | +0.0100% | 4h | 38.678 | +0.202% | $49K | $128K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.590 | −0.026% | $10.9M | $13.7M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.600 | 0.000% | $1.6M | $1.8M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAPlong | +0.0100% | 4h | 38.600 | long leg | $1.2M | $4.1M | 50x | |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.600 | 0.000% | $371K | $552K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.620 | +0.052% | $2.1M | $4.1M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.610 | +0.026% | $1.7M | $469K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.728 | +0.331% | $27K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.680 | +0.207% | $204K | $539K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.590 | −0.026% | $1K | $1.3M | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GIGGLE-USD | +0.0104% | 1h | 38.580 | −0.053% | $1K | $170K | 5x | as long as short |
| MEXC GIGGLE_USDTshort | +0.0214% | 4h | 38.600 | 0.000% | $1.3M | $655K | 50x | |
| BingX GIGGLE-USDT | +0.0214% | 4h | 38.590 | −0.026% | — | $6.7M | — | as long as short |
OKX GIGGLE-USDT-SWAP
MEXC GIGGLE_USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
BingX GIGGLE-USDT