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

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.8% APRnext payment $0.22 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against BloFin−0.128%80s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2252.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.361%+$36 · spread now −0.128%, 7d avg +0.033%
Together, before fees+0.360%+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.161% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.033%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT38.9900.0143pay 0.0072% / 4h3h 15m$491K$39K50x
ShortKuCoin GIGGLEUSDTM38.9400.0100get 0.0050% / 4h3h 15m$2.1M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$9.12
Price spread: −0.128% → +0.033%
−$16.11
Slippage, 4 orders
−$200.85
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$250.08
Costs to cover
2.249%
Break-even
never at this rate
Slippage from BloFin: live order book, 15 min ago; KuCoin: live order book, 2 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, 15 min ago1.26 bp18.3 bp −$1837.3 bp −$373doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.85 bp52.1 bp −$52753.5 bp −$7,535doesn'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
Aster GIGGLEUSDT+0.0100%4h38.997+0.019%$46K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.983−0.019%$11.3M$14.9M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.010+0.051%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h39.020+0.077%$1.3M$4.6M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.980−0.026%$369K$585K50xas long as short
KuCoin GIGGLEUSDTMshort+0.0100%4h38.940−0.128%$2.1M$3.9M50x
Bitget GIGGLEUSDT+0.0100%4h38.9900.000%$1.7M$452K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.003+0.034%$27K$3Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.950−0.103%$205K$483K10xas long as short
SunX GIGGLE-USDT+0.0100%4h38.970−0.051%$2K$1.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h38.961−0.075%$2K$146K5xas long as short
BloFin GIGGLE-USDTlong+0.0143%4h38.990long leg$491K$39K50x
MEXC GIGGLE_USDT+0.0228%4h38.970−0.051%$1.4M$674K50xas long as short
BingX GIGGLE-USDT+0.0228%4h38.9900.000%$6.7Mas long as short