Funding you earn now, next payment 00:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.039%
Price spread now: MEXC against Bybit−0.052%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$720.719% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now −0.052%, 7d avg −0.074%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.022% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GIGGLEUSDT | 38.640 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $1.6M | $1.7M | 25x |
| Short | MEXC GIGGLE_USDT | 38.620 | 0.0214 | get 0.0107% / 4h | 1h 05m | $1.5M | $635K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $23.94
- Price spread: −0.052% → −0.074%
- $2.21
- Slippage, 4 orders
- −$56.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$45.72
- Costs to cover
- 0.719%
- Break-even
- 20.4 days
Slippage from Bybit: live order book, 6 min ago; MEXC: live order book, 6 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, 6 min ago | 1.30 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 1.30 bp | 5.9 bp −$6 | 22.6 bp −$226 | 123.9 bp −$12.4K | 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 | +0.0056% | 4h | 38.610 | −0.078% | $480K | $32K | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0100% | 4h | 38.641 | +0.004% | $51K | $112K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.626 | −0.035% | $10.9M | $13.3M | 50x | as long as short |
| Bybit GIGGLEUSDTlong | +0.0100% | 4h | 38.640 | long leg | $1.6M | $1.7M | 25x | |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 38.640 | 0.000% | $1.2M | $4.0M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.600 | −0.104% | $386K | $548K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.600 | −0.104% | $2.1M | $4.3M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.610 | −0.078% | $1.7M | $491K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.560 | −0.208% | $27K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.584 | −0.144% | $195K | $612K | 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 | 38.630 | −0.026% | $2K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.612 | −0.073% | $2K | $184K | 5x | as long as short |
| MEXC GIGGLE_USDTshort | +0.0214% | 4h | 38.620 | −0.052% | $1.5M | $635K | 50x | |
| BingX GIGGLE-USDT | +0.0214% | 4h | 38.650 | +0.026% | — | $6.7M | — | as long as short |
Bybit GIGGLEUSDT
MEXC GIGGLE_USDT
BloFin GIGGLE-USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
BingX GIGGLE-USDT