GIGGLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against Bybit−0.026%72s7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as 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−$890.891% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 3 days (all we have)−0.216%−$22 · spread now −0.026%, 7d avg −0.084%

Together, before fees−0.211%−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.058% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.084%. The two prices were read 72 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	Bybit GIGGLEUSDT	38.620	0.0100	pay 0.0050% / 4h	1h 08m	$1.6M	$1.7M	25x
Short	BloFin GIGGLE-USDT	38.610	0.0115	get 0.0058% / 4h	1h 08m	$481K	$32K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.026%Rate

Funding earned: $3.24
Price spread: −0.026% → −0.084%: $5.76
Slippage, 4 orders: −$66.08
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$80.08
Costs to cover: 0.891%
Break-even: 180.1 days

Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 8 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, 3 min ago	1.30 bp	29.8 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 8 min ago	3.89 bp	17.3 bp −$17	23.7 bp −$237	99.2 bp −$9,916	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
Aster GIGGLEUSDT	+0.0100%	4h	38.619	−0.003%	$51K	$112K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	38.580	−0.104%	$10.9M	$13.3M	50x	as long as short
Bybit GIGGLEUSDTlong	+0.0100%	4h	38.620	long leg	$1.6M	$1.7M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	38.590	−0.078%	$1.2M	$4.0M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	38.580	−0.104%	$386K	$548K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.570	−0.129%	$2.1M	$4.4M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	38.560	−0.155%	$1.7M	$491K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.560	−0.156%	$27K	$4K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	38.540	−0.207%	$195K	$612K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.560	−0.155%	$2K	$1.3M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GIGGLE-USD	+0.0104%	1h	38.572	−0.124%	$2K	$184K	5x	as long as short
BloFin GIGGLE-USDTshort	+0.0115%	4h	38.610	−0.026%	$481K	$32K	50x
MEXC GIGGLE_USDT	+0.0214%	4h	38.580	−0.104%	$1.5M	$635K	50x	as long as short
BingX GIGGLE-USDT	+0.0214%	4h	38.590	−0.078%	—	$6.7M	—	as long as short