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−0.0128%/8h= −14.0% APRnext payment $0.64 per $10,000 · paid last 24h −0.043%
Price spread now: Gate against BingX−0.078%7-day average +0.003% · 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−$117as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.285%−$29 on $10k
Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.078%, 7d avg +0.003%
Together, before fees−0.138%−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.081% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GIGGLE-USDT38.4100.0228pay 0.0114% / 4h45m 01s$6.7M
ShortGate GIGGLE_USDT38.3800.0100get 0.0050% / 4h45m 01s$365K$553K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$26.88
Price spread: −0.078% → +0.003%
−$8.11
Slippage, 4 orders
−$83.41
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$143.4
Costs to cover
1.084%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Gate: live order book, 11 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 BingX live order book, 7 min ago16.92 bp28.9 bp −$2959.4 bp −$594681.3 bp −$68.1Kdoesn't fit
Sell Gate live order book, 11 min ago2.59 bp26.0 bp −$26doesn't fitdoesn't fitdoesn't fit

GIGGLE on 14 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%4h38.394−0.043%$47K$130K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.377−0.086%$10.9M$14.0M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.420+0.026%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.4100.000%$1.3M$4.2M50xas long as short
Gate GIGGLE_USDTshort+0.0100%4h38.380−0.078%$365K$553K50x
KuCoin GIGGLEUSDTM+0.0100%4h38.350−0.156%$2.1M$4.0M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.380−0.078%$1.7M$458K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.403−0.018%$26K$3Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.320−0.234%$202K$505K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.340−0.182%$1K$1.3M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.374−0.094%$3K$165K5xas long as short
BloFin GIGGLE-USDT+0.0115%4h38.360−0.130%$482K$36K50xas long as short
MEXC GIGGLE_USDT+0.0228%4h38.360−0.130%$1.3M$651K50xas long as short
BingX GIGGLE-USDTlong+0.0228%4h38.410long leg$6.7M