Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Bybit+0.027%7-day average −0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1211.209% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.027%, 7d avg −0.096%

Together, before fees−0.130%+ Points / potential airdropExtended: Active · farm board−$13 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: Extended is 0.123% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	39.730	0.0100	pay 0.0050% / 4h	1h 03m	$1.7M	$2.1M	25x
Short	Extended GIGGLE-USD	39.741	0.0104	get 0.0013% / 1h	3m 35s	$906	$159K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0.84
Price spread: +0.027% → −0.096%: $12.31
Slippage, 4 orders: −$104.93
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$107.78
Costs to cover: 1.209%
Break-even: 905.1 days

Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 37 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	2.51 bp	35.4 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 37 min ago	3.06 bp	25.5 bp −$25	163.1 bp −$1,631	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	−0.0026%	4h	39.730	0.000%	$2.1M	$3.7M	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.733	+0.009%	$48K	$133K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.710	−0.050%	$11.6M	$17.2M	50x	as long as short
Bybit GIGGLEUSDTlong	+0.0100%	4h	39.730	long leg	$1.7M	$2.1M	25x
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	39.700	−0.076%	$1.4M	$5.3M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	39.760	+0.076%	$382K	$638K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.720	−0.025%	$1.7M	$479K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.788	+0.146%	$27K	$7K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.800	+0.176%	$209K	$472K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	39.780	+0.126%	$2K	$1.5M	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-USDshort	+0.0104%	1h	39.741	+0.027%	$906	$159K	5x
BloFin GIGGLE-USDT	+0.0146%	4h	39.860	+0.327%	$496K	$46K	50x	as long as short
MEXC GIGGLE_USDT	+0.0238%	4h	39.730	0.000%	$1.4M	$765K	50x	as long as short
BingX GIGGLE-USDT	+0.0238%	4h	39.730	0.000%	—	$6.7M	—	as long as short