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: Bitget against BloFin−0.026%95s7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.790% of the position
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%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.056% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.030%). Swap the legs. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GIGGLE-USDT | 38.550 | 0.0128 | pay 0.0064% / 4h | 1h 19m | $475K | $32K | 50x |
| Short | Bitget GIGGLEUSDT | 38.540 | 0.0100 | get 0.0050% / 4h | 1h 19m | $1.7M | $491K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$5.82
- Price spread: −0.026% → +0.030%
- −$5.55
- Slippage, 4 orders
- −$55.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$90.4
- Costs to cover
- 0.790%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; Bitget: live order book, 2 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 BloFin live order book, 61 min ago | 3.89 bp | 17.1 bp −$17 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.89 bp | 17.8 bp −$18 | 75.2 bp −$752 | 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 | 38.569 | +0.049% | $51K | $112K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.550 | −0.001% | $10.9M | $13.3M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.560 | +0.026% | $1.6M | $1.7M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.580 | +0.078% | $1.2M | $3.9M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.550 | 0.000% | $385K | $548K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.540 | −0.026% | $2.1M | $4.4M | 50x | as long as short |
| Bitget GIGGLEUSDTshort | +0.0100% | 4h | 38.540 | −0.026% | $1.7M | $491K | 25x | |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.550 | 0.000% | $27K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.522 | −0.073% | $195K | $612K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.520 | −0.078% | $1K | $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-USD | +0.0104% | 1h | 38.523 | −0.071% | $2K | $184K | 5x | as long as short |
| BloFin GIGGLE-USDTlong | +0.0128% | 4h | 38.550 | long leg | $475K | $32K | 50x | |
| MEXC GIGGLE_USDT | +0.0214% | 4h | 38.530 | −0.052% | $1.5M | $634K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0214% | 4h | 38.550 | 0.000% | — | $6.7M | — | as long as short |
BloFin GIGGLE-USDT
Bitget GIGGLEUSDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT
BingX GIGGLE-USDT