Funding you earn now, next payment 08:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against Bybit0.000%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1351.355% of the position
Funding, last 7 days+0.299%+$30 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now 0.000%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.037% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GIGGLEUSDT | 39.850 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $1.7M | $2.1M | 25x |
| Short | BingX GIGGLE-USDT | 39.850 | 0.0238 | get 0.0119% / 4h | 1h 05m | — | $6.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $28.98
- Price spread: 0.000% → −0.037%
- $3.68
- Slippage, 4 orders
- −$114.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$102.84
- Costs to cover
- 1.355%
- Break-even
- 31.8 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 2 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, 1 min ago | 2.51 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 13.84 bp | 22.7 bp −$23 | 41.7 bp −$417 | 151.3 bp −$15.1K | 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 | −0.0040% | 4h | 39.740 | −0.276% | $2.1M | $3.7M | 50x | as long as short |
| BloFin GIGGLE-USDT | +0.0091% | 4h | 39.750 | −0.251% | $496K | $45K | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.812 | −0.095% | $48K | $133K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.833 | −0.043% | $11.6M | $17.1M | 50x | as long as short |
| Bybit GIGGLEUSDTlong | +0.0100% | 4h | 39.850 | long leg | $1.7M | $2.1M | 25x | |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.850 | 0.000% | $1.4M | $5.3M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.750 | −0.251% | $381K | $635K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.830 | −0.050% | $1.7M | $478K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.788 | −0.155% | $27K | $7K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.582 | −0.671% | $208K | $472K | 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 | 39.810 | −0.100% | $1K | $1.5M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 39.750 | −0.251% | $906 | $159K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0238% | 4h | 39.800 | −0.125% | $1.4M | $760K | 50x | as long as short |
| BingX GIGGLE-USDTshort | +0.0238% | 4h | 39.850 | 0.000% | — | $6.7M | — |
Bybit GIGGLEUSDT
BingX GIGGLE-USDT
KuCoin GIGGLEUSDTM
BloFin GIGGLE-USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT