Settings8H · net · $10k
Funding arb · Price arb /

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Bitget+0.026%45s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 3 days (all we have)−0.259%−$26 · spread now +0.026%, 7d avg −0.030%
Together, before fees−0.237%−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.056% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.030%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GIGGLEUSDT38.5400.0100pay 0.0050% / 4h1h 20m$1.7M$491K25x
ShortBloFin GIGGLE-USDT38.5500.0128get 0.0064% / 4h1h 20m$475K$32K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$5.82
Price spread: +0.026% → −0.030%
$5.55
Slippage, 4 orders
−$55.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$67.65
Costs to cover
0.790%
Break-even
88.3 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 60 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 Bitget live order book, 1 min ago3.89 bp34.2 bp −$3499.8 bp −$998doesn't fitdoesn't fit
Sell BloFin live order book, 60 min ago3.89 bp9.9 bp −$1024.2 bp −$242doesn'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%4h38.573+0.086%$51K$112K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.551+0.028%$10.9M$13.3M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.560+0.052%$1.6M$1.7M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.560+0.052%$1.2M$3.9M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.560+0.052%$386K$548K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.5400.000%$2.1M$4.4M50xas long as short
Bitget GIGGLEUSDTlong+0.0100%4h38.540long leg$1.7M$491K25x
Variational Omni GIGGLE+0.0100%4h38.460−0.207%$27K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.522−0.047%$195K$612K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.520−0.052%$2K$1.3M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.528−0.031%$2K$184K5xas long as short
BloFin GIGGLE-USDTshort+0.0128%4h38.550+0.026%$475K$32K50x
MEXC GIGGLE_USDT+0.0214%4h38.5400.000%$1.5M$634K50xas long as short
BingX GIGGLE-USDT+0.0214%4h38.550+0.026%$6.7Mas long as short