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+0.0144%/8h= +15.8% APRnext payment +$0.72 per $10,000 · paid last 24h +0.039%
Price spread now: MEXC against BloFin+0.052%64s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.280%+$28 on $10k
Price spread, last 4 days (all we have)+0.230%+$23 · spread now +0.052%, 7d avg +0.002%
Together, before fees+0.510%+$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.050% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.002%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT38.4400.0084pay 0.0042% / 4h40m 04s$476K$36K50x
ShortMEXC GIGGLE_USDT38.4600.0228get 0.0114% / 4h40m 04s$1.3M$652K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$30.32
Price spread: +0.052% → +0.002%
$4.96
Slippage, 4 orders
−$21.92
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$2.64
Costs to cover
0.379%
Break-even
7.6 days
Slippage from BloFin: live order book, 61 min ago; MEXC: live order book, 1 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, 61 min ago2.59 bp11.9 bp −$1228.7 bp −$287doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.30 bp3.9 bp −$419.4 bp −$194127.4 bp −$12.7Kdoesn'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+0.0084%4h38.440long leg$476K$36K50x
Aster GIGGLEUSDT+0.0100%4h38.503+0.164%$47K$130K5xas long as short
Binance GIGGLEUSDT+0.0100%4h38.420−0.051%$10.9M$14.0M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h38.480+0.104%$1.6M$1.8M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h38.490+0.130%$1.3M$4.2M50xas long as short
Gate GIGGLE_USDT+0.0100%4h38.500+0.156%$366K$554K50xas long as short
KuCoin GIGGLEUSDTM+0.0100%4h38.4400.000%$2.1M$4.0M50xas long as short
Bitget GIGGLEUSDT+0.0100%4h38.4400.000%$1.7M$458K25xas long as short
Variational Omni GIGGLE+0.0100%4h38.428−0.032%$26K$3Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h38.375−0.169%$202K$505K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h38.500+0.156%$2K$1.3M20xas long as short
Extended GIGGLE-USD+0.0104%1h38.481+0.106%$3K$165K5xas long as short
MEXC GIGGLE_USDTshort+0.0228%4h38.460+0.052%$1.3M$652K50x
BingX GIGGLE-USDT+0.0228%4h38.450+0.026%$6.7Mas long as short