Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.056%

Price spread now: Extended against BingX−0.024%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1071.075% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.295%−$29 on $10k

Price spread, last 4 days (all we have)+0.337%+$34 · spread now −0.024%, 7d avg −0.061%

Together, before fees+0.043%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.037% dearer against BingX than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.061%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GIGGLE-USDT	38.720	0.0228	pay 0.0114% / 4h	1h 10m	—	$6.7M	—
Short	Extended GIGGLE-USD	38.711	0.0104	get 0.0013% / 1h	10m 57s	$3K	$168K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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 BingXbpFee ExtendedbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$26.04
Price spread: −0.024% → −0.061%: $3.71
Slippage, 4 orders: −$92.49
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$129.82
Costs to cover: 1.075%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; Extended: live order book, 50 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 BingX live order book, 6 min ago	16.74 bp	29.4 bp −$29	44.7 bp −$447	624.8 bp −$62.5K	doesn't fit
Sell Extended live order book, 50 min ago	2.84 bp	24.6 bp −$25	158.4 bp −$1,584	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
Aster GIGGLEUSDT	+0.0100%	4h	38.656	−0.166%	$48K	$129K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.720	0.000%	$11.0M	$13.9M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.750	+0.077%	$1.6M	$1.8M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.750	+0.077%	$1.3M	$4.2M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.680	−0.103%	$370K	$556K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.690	−0.077%	$2.1M	$4.0M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.710	−0.026%	$1.7M	$465K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.672	−0.123%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.682	−0.098%	$204K	$505K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.670	−0.129%	$2K	$1.3M	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-USDshort	+0.0104%	1h	38.711	−0.024%	$3K	$168K	5x
BloFin GIGGLE-USDT	+0.0114%	4h	38.640	−0.207%	$479K	$36K	50x	as long as short
MEXC GIGGLE_USDT	+0.0228%	4h	38.720	0.000%	$1.3M	$649K	50x	as long as short
BingX GIGGLE-USDTlong	+0.0228%	4h	38.720	long leg	—	$6.7M	—