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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$840.837% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.314%+$31 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT38.4400.0080pay 0.0040% / 4h2h 47m$481K$35K50x
ShortGate GIGGLE_USDT38.3900.0100get 0.0050% / 4h2h 47m$373K$542K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 18 min ago3.86 bp11.7 bp −$1222.3 bp −$223doesn't fitdoesn't fit
Sell Gate live order book, 18 min ago3.86 bp20.4 bp −$20doesn't fitdoesn'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
BloFin GIGGLE-USDTlong+0.0080%4h38.440long leg$481K$35K50x
Aster GIGGLEUSDT+0.0100%4h38.427−0.035%$51K$121K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.390−0.130%$10.9M$13.7M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.410−0.078%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.4400.000%$1.2M$4.1M50xas long as short
Gate GIGGLE_USDTshort+0.0100%4h38.390−0.130%$373K$542K50x
KuCoin GIGGLEUSDTM+0.0100%4h38.370−0.182%$2.1M$4.1M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.400−0.104%$1.7M$474K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.384−0.146%$26K$4Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.444+0.011%$203K$549K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h38.400−0.104%$2K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.392−0.125%$3K$171K5xas long as short
MEXC GIGGLE_USDT+0.0214%4h38.370−0.182%$1.3M$642K50xas long as short
BingX GIGGLE-USDT+0.0214%4h38.410−0.078%$6.7Mas long as short