Funding you earn now, next payment 12:00 UTC−0.0296%/8h= −32.4% APRnext payment −$1.48 per $10,000 · paid last 24h −0.022%
Price spread now: KuCoin against Gate−0.102%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$353as in the Price arb table
costs, in and out, $10k−$3463.457% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.102%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.075% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.018% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.48 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GIGGLE_USDT | 39.070 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $392K | $633K | 50x |
| Short | KuCoin GIGGLEUSDTM | 39.030 | −0.0196 | pay 0.0098% / 4h | 1h 51m | $2.1M | $3.5M | 50x |
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$62.16
- Price spread: −0.102% → −0.027%
- −$7.5
- Slippage, 4 orders
- −$318.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$415.35
- Costs to cover
- 3.457%
- Break-even
- never at this rate
Slippage from Gate: live order book, 58 min ago; KuCoin: live order book, 5 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, 58 min ago | 2.57 bp | 29.0 bp −$29 | 1117.3 bp −$11.2K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.55 bp | 147.8 bp −$148 | 929.5 bp −$9,295 | doesn't fit | doesn't fit |
GIGGLE on 14 exchanges
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 GIGGLEUSDTMshort | −0.0196% | 4h | 39.030 | −0.102% | $2.1M | $3.5M | 50x | |
| BloFin GIGGLE-USDT | +0.0043% | 4h | 39.010 | −0.154% | $492K | $59K | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.106 | +0.091% | $47K | $136K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.040 | −0.077% | $11.5M | $18.7M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.050 | −0.051% | $1.7M | $2.2M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.040 | −0.077% | $1.4M | $5.2M | 50x | as long as short |
| Gate GIGGLE_USDTlong | +0.0100% | 4h | 39.070 | long leg | $392K | $633K | 50x | |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.040 | −0.077% | $1.7M | $469K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.255 | +0.473% | $27K | $7K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.139 | +0.176% | $210K | $407K | 10x | as long as short |
BloFin GIGGLE-USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_PerpShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX GIGGLE-USDT | +0.0100% | 4h | 39.120 | +0.128% | $1K | $1.6M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 39.026 | −0.112% | $2K | $193K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0208% | 4h | 39.030 | −0.102% | $1.5M | $842K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0208% | 4h | 39.040 | −0.077% | — | $6.7M | — | as long as short |
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT
BingX GIGGLE-USDT