Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.9% APRnext payment −$1.50 per $10,000 · paid last 24h −0.056%
Price spread now: KuCoin against BingX−0.051%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$283as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2542.537% of the position
Funding, last 7 days−0.295%−$29 on $10k
+Price spread, last 7 days+0.090%+$9 · spread now −0.051%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.073% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GIGGLE-USDT | 39.180 | 0.0238 | pay 0.0119% / 4h | 1h 54m | — | $6.7M | — |
| Short | KuCoin GIGGLEUSDTM | 39.160 | −0.0062 | pay 0.0031% / 4h | 1h 54m | $2.1M | $3.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$63
- Price spread: −0.051% → +0.022%
- −$7.3
- Slippage, 4 orders
- −$231.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$324.05
- Costs to cover
- 2.537%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; KuCoin: live order book, 3 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, 13 min ago | 1.28 bp | 51.7 bp −$52 | 82.5 bp −$825 | 612.8 bp −$61.3K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 3.82 bp | 31.8 bp −$32 | 733.3 bp −$7,333 | 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 GIGGLEUSDTMshort | −0.0062% | 4h | 39.160 | −0.051% | $2.1M | $3.8M | 50x | |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.209 | +0.073% | $47K | $136K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.172 | −0.019% | $11.3M | $16.3M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.200 | +0.051% | $1.7M | $2.0M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.170 | −0.026% | $1.4M | $5.0M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.200 | +0.051% | $369K | $612K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.180 | 0.000% | $1.7M | $460K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.238 | +0.148% | $27K | $7K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.310 | +0.332% | $199K | $470K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 39.210 | +0.077% | $1K | $1.5M | 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 | 39.170 | −0.026% | $895 | $167K | 5x | as long as short |
| BloFin GIGGLE-USDT | +0.0141% | 4h | 39.230 | +0.128% | $484K | $41K | 50x | as long as short |
| MEXC GIGGLE_USDT | +0.0238% | 4h | 39.170 | −0.026% | $1.4M | $709K | 50x | as long as short |
| BingX GIGGLE-USDTlong | +0.0238% | 4h | 39.180 | long leg | — | $6.7M | — |
BingX GIGGLE-USDT
KuCoin GIGGLEUSDTM
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
BloFin GIGGLE-USDT
MEXC GIGGLE_USDT