Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%

Price spread now: OKX against Bybit−0.025%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1411.408% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days−0.009%−$1 · spread now −0.025%, 7d avg −0.005%

Together, before fees+0.023%+$2 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: OKX is 0.020% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GIGGLEUSDT	39.950	0.0100	pay 0.0050% / 4h	59m 21s	$1.7M	$2.1M	25x
Short	OKX GIGGLE-USDT-SWAP	39.940	0.0100	get 0.0050% / 4h	59m 21s	$1.4M	$5.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → −0.005%: −$2.01
Slippage, 4 orders: −$119.8
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$142.81
Costs to cover: 1.408%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago	1.25 bp	48.2 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.52 bp	19.0 bp −$19	117.6 bp −$1,176	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	−0.0020%	4h	40.010	+0.150%	$2.1M	$3.7M	50x	as long as short
BloFin GIGGLE-USDT	+0.0090%	4h	39.930	−0.050%	$500K	$46K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.989	+0.097%	$49K	$134K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.947	−0.008%	$11.7M	$17.4M	50x	as long as short
Bybit GIGGLEUSDTlong	+0.0100%	4h	39.950	long leg	$1.7M	$2.1M	25x
OKX GIGGLE-USDT-SWAPshort	+0.0100%	4h	39.940	−0.025%	$1.4M	$5.3M	50x
Gate GIGGLE_USDT	+0.0100%	4h	40.040	+0.225%	$392K	$638K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	40.000	+0.125%	$1.7M	$483K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.923	−0.068%	$27K	$7K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.870	−0.199%	$210K	$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	40.110	+0.401%	$2K	$1.5M	20x	as long as short
Extended GIGGLE-USD	+0.0104%	1h	40.068	+0.296%	$1K	$165K	5x	as long as short
MEXC GIGGLE_USDT	+0.0238%	4h	39.990	+0.100%	$1.5M	$767K	50x	as long as short
BingX GIGGLE-USDT	+0.0238%	4h	39.920	−0.075%	—	$6.7M	—	as long as short