Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.015%
Price spread now: Gate against BloFin−0.130%93s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$840.837% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)+0.300%+$30 · spread now −0.130%, 7d avg +0.048%
=Funding pays, the price is against you. Gate is 0.178% cheaper against BloFin than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of +0.048%). If the spread goes back, that is −$18 on $10k: about 30 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.014% in total) that is about 3 months. The two prices were read 93 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 | 38.440 | 0.0080 | pay 0.0040% / 4h | 2h 47m | $481K | $35K | 50x |
| Short | Gate GIGGLE_USDT | 38.390 | 0.0100 | get 0.0050% / 4h | 2h 47m | $373K | $542K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $4.15
- Price spread: −0.130% → +0.048%
- −$17.85
- Slippage, 4 orders
- −$56.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$97.38
- Costs to cover
- 0.837%
- Break-even
- 171.1 days
Slippage from BloFin: live order book, 18 min ago; Gate: live order book, 18 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, 18 min ago | 3.86 bp | 11.7 bp −$12 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 3.86 bp | 20.4 bp −$20 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GIGGLE-USDTlong | +0.0080% | 4h | 38.440 | long leg | $481K | $35K | 50x | |
| Aster GIGGLEUSDT | +0.0100% | 4h | 38.427 | −0.035% | $51K | $121K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.390 | −0.130% | $10.9M | $13.7M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.410 | −0.078% | $1.6M | $1.8M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.440 | 0.000% | $1.2M | $4.1M | 50x | as long as short |
| Gate GIGGLE_USDTshort | +0.0100% | 4h | 38.390 | −0.130% | $373K | $542K | 50x | |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.370 | −0.182% | $2.1M | $4.1M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.400 | −0.104% | $1.7M | $474K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.384 | −0.146% | $26K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.444 | +0.011% | $203K | $549K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX GIGGLE-USDT | +0.0100% | 4h | 38.400 | −0.104% | $2K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.392 | −0.125% | $3K | $171K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0214% | 4h | 38.370 | −0.182% | $1.3M | $642K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0214% | 4h | 38.410 | −0.078% | — | $6.7M | — | as long as short |
BloFin GIGGLE-USDT
Gate GIGGLE_USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT
BingX GIGGLE-USDT