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+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.030%
Price spread now: OKX against BloFin−0.126%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$670.671% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.336%+$34 · spread now −0.126%, 7d avg +0.091%
Together, before fees+0.363%+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.217% cheaper against BloFin than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of +0.091%). If the spread goes back, that is −$22 on $10k: about 54 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GIGGLE-USDT39.6200.0086pay 0.0043% / 4h1h 24m$489K$45K50x
ShortOKX GIGGLE-USDT-SWAP39.5700.0100get 0.0050% / 4h1h 24m$1.4M$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$2.84
Price spread: −0.126% → +0.091%
−$21.74
Slippage, 4 orders
−$45.08
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$85.98
Costs to cover
0.671%
Break-even
219.1 days
Slippage from BloFin: live order book, 61 min ago; OKX: live order book, 3 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 ago1.30 bp9.7 bp −$1033.2 bp −$332doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.53 bp14.8 bp −$15103.7 bp −$1,037doesn'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
KuCoin GIGGLEUSDTM−0.0058%4h39.570−0.126%$2.1M$3.7M50xas long as short
BloFin GIGGLE-USDTlong+0.0086%4h39.620long leg$489K$45K50x
Aster GIGGLEUSDT+0.0100%4h39.604−0.040%$48K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.580−0.101%$11.5M$16.8M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.590−0.076%$1.7M$2.1M25xas long as short
OKX GIGGLE-USDT-SWAPshort+0.0100%4h39.570−0.126%$1.4M$5.1M50x
Gate GIGGLE_USDT+0.0100%4h39.590−0.076%$376K$626K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.590−0.076%$1.7M$475K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.618−0.005%$27K$7Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h39.520−0.252%$208K$479K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h39.680+0.151%$2K$1.5M20xas long as short
Extended GIGGLE-USD+0.0104%1h39.571−0.125%$902$160K5xas long as short
MEXC GIGGLE_USDT+0.0238%4h39.610−0.025%$1.4M$724K50xas long as short
BingX GIGGLE-USDT+0.0238%4h39.580−0.101%$6.7Mas long as short