GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.17 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against Binance−0.073%71s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$520.523% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 3 days (all we have)−0.224%−$22 · spread now −0.073%, 7d avg −0.021%

Together, before fees−0.217%−$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.051% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GIGGLEUSDT	38.378	0.0100	pay 0.0050% / 4h	2h 00m	$10.8M	$13.3M	50x
Short	BloFin GIGGLE-USDT	38.350	0.0067	get 0.0033% / 4h	2h 00m	$478K	$27K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$6.95
Price spread: −0.073% → −0.021%: −$5.14
Slippage, 4 orders: −$30.25
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$64.34
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 21 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 Binance live order book, 10 min ago	2.60 bp	12.1 bp −$12	45.2 bp −$452	doesn't fit	doesn't fit
Sell BloFin live order book, 21 min ago	3.89 bp	9.9 bp −$10	24.2 bp −$242	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
BloFin GIGGLE-USDTshort	+0.0067%	4h	38.350	−0.073%	$478K	$27K	50x
Aster GIGGLEUSDT	+0.0100%	4h	38.432	+0.141%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDTlong	+0.0100%	4h	38.378	long leg	$10.8M	$13.3M	50x
Bybit GIGGLEUSDT	+0.0100%	4h	38.420	+0.110%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.380	+0.005%	$1.2M	$3.9M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.410	+0.084%	$383K	$552K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.370	−0.021%	$2.1M	$4.4M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.400	+0.058%	$1.7M	$520K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.409	+0.080%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.381	+0.007%	$204K	$616K	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	38.380	+0.005%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.375	−0.007%	$2K	$184K	5x	as long as short
MEXC GIGGLE_USDT	+0.0264%	4h	38.390	+0.032%	$1.5M	$640K	50x	as long as short
BingX GIGGLE-USDT	+0.0264%	4h	38.370	−0.021%	—	$6.7M	—	as long as short