Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit−0.016%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1031.027% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.027%−$3 · spread now −0.016%, 7d avg −0.058%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.042% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	38.670	0.0100	pay 0.0050% / 4h	1h 12m	$1.6M	$1.8M	25x
Short	Binance GIGGLEUSDT	38.664	0.0100	get 0.0050% / 4h	1h 12m	$11.0M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → −0.058%: $4.19
Slippage, 4 orders: −$81.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$98.51
Costs to cover: 1.027%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 12 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 Bybit live order book, 4 min ago	2.58 bp	36.8 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.29 bp	15.1 bp −$15	36.4 bp −$364	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
BloFin GIGGLE-USDT	+0.0046%	4h	38.640	−0.078%	$479K	$36K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	38.661	−0.022%	$48K	$129K	5x	as long as short
Binance GIGGLEUSDTshort	+0.0100%	4h	38.664	−0.016%	$11.0M	$13.9M	50x
Bybit GIGGLEUSDTlong	+0.0100%	4h	38.670	long leg	$1.6M	$1.8M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.690	+0.052%	$1.3M	$4.2M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.670	0.000%	$370K	$556K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.620	−0.129%	$2.1M	$4.0M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.640	−0.078%	$1.7M	$465K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.847	+0.459%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.811	+0.365%	$205K	$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	38.670	0.000%	$2K	$1.3M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	38.653	−0.044%	$3K	$168K	5x	as long as short
MEXC GIGGLE_USDT	+0.0228%	4h	38.670	0.000%	$1.3M	$649K	50x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	38.670	0.000%	—	$6.7M	—	as long as short