Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%

Price spread now: OKX against Bitget−0.180%7-day average +0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1051.054% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days+0.281%+$28 · spread now −0.180%, 7d avg +0.077%

Together, before fees+0.329%+$33 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 0.257% cheaper against Bitget than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GIGGLEUSDT	38.830	0.0100	pay 0.0050% / 4h	2h 34m	$1.7M	$467K	25x
Short	OKX GIGGLE-USDT-SWAP	38.760	0.0100	get 0.0050% / 4h	2h 34m	$1.3M	$4.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now −0.180%Rate

Funding earned: $0
Price spread: −0.180% → +0.077%: −$25.71
Slippage, 4 orders: −$83.37
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$131.08
Costs to cover: 1.054%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; OKX: 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 Bitget live order book, 2 min ago	3.87 bp	28.5 bp −$28	128.7 bp −$1,287	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.29 bp	19.1 bp −$19	106.8 bp −$1,068	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	−0.0062%	4h	38.820	−0.026%	$2.1M	$3.8M	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	38.837	+0.018%	$46K	$136K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.798	−0.083%	$11.2M	$15.5M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.790	−0.103%	$1.6M	$1.9M	25x	as long as short
OKX GIGGLE-USDT-SWAPshort	+0.0100%	4h	38.760	−0.180%	$1.3M	$4.8M	50x
Gate GIGGLE_USDT	+0.0100%	4h	38.840	+0.026%	$364K	$596K	50x	as long as short
Bitget GIGGLEUSDTlong	+0.0100%	4h	38.830	long leg	$1.7M	$467K	25x
Variational Omni GIGGLE	+0.0100%	4h	38.829	−0.003%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.729	−0.260%	$204K	$470K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.940	+0.283%	$1K	$1.4M	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	38.830	0.000%	$4K	$169K	5x	as long as short
BloFin GIGGLE-USDT	+0.0107%	4h	38.870	+0.103%	$497K	$39K	50x	as long as short
MEXC GIGGLE_USDT	+0.0228%	4h	38.840	+0.026%	$1.4M	$679K	50x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	38.740	−0.232%	—	$6.7M	—	as long as short