Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0011%/8h= −1.3% APRpaid last 24h −0.003%

Price spread now: Extended against BloFin−0.054%54s7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as 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−$740.737% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.237%+$24 · spread now −0.054%, 7d avg −0.014%

Together, before fees+0.237%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.040% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 54 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	38.610	0.0115	pay 0.0058% / 4h	1h 08m	$481K	$32K	50x
Short	Extended GIGGLE-USD	38.589	0.0104	get 0.0013% / 1h	8m 04s	$2K	$184K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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 BloFinbpFee ExtendedbpOrdersPrice spread, now −0.054%Rate

Funding earned: −$2.4
Price spread: −0.054% → −0.014%: −$3.98
Slippage, 4 orders: −$56.7
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$80.09
Costs to cover: 0.737%
Break-even: never at this rate

Slippage from BloFin: live order book, 8 min ago; Extended: live order book, 8 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, 8 min ago	3.89 bp	9.9 bp −$10	17.5 bp −$175	doesn't fit	doesn't fit
Sell Extended live order book, 8 min ago	3.24 bp	25.9 bp −$26	165.1 bp −$1,651	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	38.619	+0.022%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.590	−0.052%	$10.9M	$13.3M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	38.620	+0.026%	$1.6M	$1.7M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.590	−0.052%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.580	−0.078%	$386K	$548K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.580	−0.078%	$2.1M	$4.4M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.590	−0.052%	$1.7M	$491K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.560	−0.130%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.540	−0.181%	$195K	$612K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.560	−0.130%	$2K	$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-USDshort	+0.0104%	1h	38.589	−0.054%	$2K	$184K	5x
BloFin GIGGLE-USDTlong	+0.0115%	4h	38.610	long leg	$481K	$32K	50x
MEXC GIGGLE_USDT	+0.0214%	4h	38.580	−0.078%	$1.5M	$635K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.590	−0.052%	—	$6.7M	—	as long as short