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 − costs—prices read too far apart to compare
costs, in and out, $10k−$380.379% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GIGGLE-USDT | 38.440 | 0.0084 | pay 0.0042% / 4h | 40m 04s | $476K | $36K | 50x |
| Short | MEXC GIGGLE_USDT | 38.460 | 0.0228 | get 0.0114% / 4h | 40m 04s | $1.3M | $652K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 61 min ago | 2.59 bp | 11.9 bp −$12 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.30 bp | 3.9 bp −$4 | 19.4 bp −$194 | 127.4 bp −$12.7K | 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 | +0.0084% | 4h | 38.440 | long leg | $476K | $36K | 50x | |
| Aster GIGGLEUSDT | +0.0100% | 4h | 38.503 | +0.164% | $47K | $130K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.420 | −0.051% | $10.9M | $14.0M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.480 | +0.104% | $1.6M | $1.8M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.490 | +0.130% | $1.3M | $4.2M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.500 | +0.156% | $366K | $554K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.440 | 0.000% | $2.1M | $4.0M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.440 | 0.000% | $1.7M | $458K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.428 | −0.032% | $26K | $3K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.375 | −0.169% | $202K | $505K | 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 | 38.500 | +0.156% | $2K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.481 | +0.106% | $3K | $165K | 5x | as long as short |
| MEXC GIGGLE_USDTshort | +0.0228% | 4h | 38.460 | +0.052% | $1.3M | $652K | 50x | |
| BingX GIGGLE-USDT | +0.0228% | 4h | 38.450 | +0.026% | — | $6.7M | — | as long as short |
BloFin GIGGLE-USDT
MEXC GIGGLE_USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
BingX GIGGLE-USDT