Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%

Price spread now: OKX against Binance+0.003%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$630.625% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days+0.026%+$3 · spread now +0.003%, 7d avg +0.052%

Together, before fees+0.060%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GIGGLEUSDT	39.199	0.0100	pay 0.0050% / 4h	3h 23m	$11.5M	$19.3M	50x
Short	OKX GIGGLE-USDT-SWAP	39.200	0.0100	get 0.0050% / 4h	3h 23m	$1.4M	$5.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.003%Rate

Funding earned: $0
Price spread: +0.003% → +0.052%: −$4.93
Slippage, 4 orders: −$42.52
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$67.45
Costs to cover: 0.625%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; OKX: 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 Binance live order book, 2 min ago	1.28 bp	13.0 bp −$13	47.8 bp −$478	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.28 bp	19.4 bp −$19	110.7 bp −$1,107	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
KuCoin GIGGLEUSDTM	−0.0046%	4h	39.100	−0.252%	$2.1M	$3.7M	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.158	−0.105%	$47K	$139K	5x	as long as short
Binance GIGGLEUSDTlong	+0.0100%	4h	39.199	long leg	$11.5M	$19.3M	50x
Bybit GIGGLEUSDT	+0.0100%	4h	39.220	+0.054%	$1.7M	$2.3M	25x	as long as short
OKX GIGGLE-USDT-SWAPshort	+0.0100%	4h	39.200	+0.003%	$1.4M	$5.6M	50x
Gate GIGGLE_USDT	+0.0100%	4h	39.090	−0.277%	$385K	$648K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.150	−0.124%	$1.7M	$514K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.947	−0.641%	$27K	$8K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.982	−0.554%	$197K	$481K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	39.190	−0.022%	$2K	$1.7M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GIGGLE-USD	+0.0104%	1h	39.135	−0.164%	$889	$196K	5x	as long as short
BloFin GIGGLE-USDT	+0.0135%	4h	39.070	−0.328%	$491K	$53K	50x	as long as short
MEXC GIGGLE_USDT	+0.0238%	4h	39.180	−0.048%	$1.4M	$851K	50x	as long as short
BingX GIGGLE-USDT	+0.0238%	4h	39.220	+0.054%	—	$6.7M	—	as long as short