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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GIGGLE-USDT | 39.620 | 0.0086 | pay 0.0043% / 4h | 1h 24m | $489K | $45K | 50x |
| Short | OKX GIGGLE-USDT-SWAP | 39.570 | 0.0100 | get 0.0050% / 4h | 1h 24m | $1.4M | $5.1M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 61 min ago | 1.30 bp | 9.7 bp −$10 | 33.2 bp −$332 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.53 bp | 14.8 bp −$15 | 103.7 bp −$1,037 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GIGGLEUSDTM | −0.0058% | 4h | 39.570 | −0.126% | $2.1M | $3.7M | 50x | as long as short |
| BloFin GIGGLE-USDTlong | +0.0086% | 4h | 39.620 | long leg | $489K | $45K | 50x | |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.604 | −0.040% | $48K | $133K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.580 | −0.101% | $11.5M | $16.8M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.590 | −0.076% | $1.7M | $2.1M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAPshort | +0.0100% | 4h | 39.570 | −0.126% | $1.4M | $5.1M | 50x | |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.590 | −0.076% | $376K | $626K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.590 | −0.076% | $1.7M | $475K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.618 | −0.005% | $27K | $7K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.520 | −0.252% | $208K | $479K | 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 | 39.680 | +0.151% | $2K | $1.5M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 39.571 | −0.125% | $902 | $160K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0238% | 4h | 39.610 | −0.025% | $1.4M | $724K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0238% | 4h | 39.580 | −0.101% | — | $6.7M | — | as long as short |
BloFin GIGGLE-USDT
OKX GIGGLE-USDT-SWAP
KuCoin GIGGLEUSDTM
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT
BingX GIGGLE-USDT