Funding you earn now, next payment 12:00 UTC−0.0373%/8h= −40.8% APRnext payment −$1.86 per $10,000 · paid last 24h −0.015%
Price spread now: BloFin against Gate+0.102%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$850.847% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−1.013%−$101 · spread now +0.102%, 7d avg −0.065%
=The price spread pays, funding is against you. BloFin is 0.167% dearer against Gate than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of −0.065%): +$17 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 7 days (−0.010% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GIGGLE_USDT | 39.250 | 0.0420 | pay 0.0210% / 4h | 2h 58m | $394K | $621K | 50x |
| Short | BloFin GIGGLE-USDT | 39.290 | 0.0047 | get 0.0024% / 4h | 2h 58m | $489K | $53K | 50x |
Gate GIGGLE_USDT
BloFin GIGGLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$78.25
- Price spread: +0.102% → −0.065%
- $16.74
- Slippage, 4 orders
- −$57.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$146.24
- Costs to cover
- 0.847%
- Break-even
- never at this rate
Slippage from Gate: live order book, 32 min ago; BloFin: live order book, 12 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 Gate live order book, 32 min ago | 2.57 bp | 28.0 bp −$28 | 1211.7 bp −$12.1K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 6.34 bp | 16.5 bp −$16 | 29.5 bp −$295 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GIGGLE-USDTshort | +0.0047% | 4h | 39.290 | +0.102% | $489K | $53K | 50x | |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.260 | +0.026% | $47K | $139K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.238 | −0.031% | $11.5M | $19.1M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.270 | +0.051% | $1.7M | $2.3M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.240 | −0.025% | $1.4M | $5.5M | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 39.230 | −0.051% | $2.1M | $3.6M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.240 | −0.025% | $1.7M | $506K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.318 | +0.173% | $27K | $8K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.333 | +0.210% | $198K | $470K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 39.270 | +0.051% | $2K | $1.7M | 20x | as long as short |
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GIGGLE-USD | +0.0104% | 1h | 39.229 | −0.053% | $4K | $198K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0238% | 4h | 39.260 | +0.025% | $1.4M | $823K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0238% | 4h | 39.240 | −0.025% | — | $6.7M | — | as long as short |
| Gate GIGGLE_USDTlong | +0.0420% | 4h | 39.250 | long leg | $394K | $621K | 50x |
Extended GIGGLE-USD
MEXC GIGGLE_USDT
BingX GIGGLE-USDT