Settings8H · net · $10k
Funding arb · Price arb /

GIGGLE

all GIGGLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against KuCoin+0.127%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2482.481% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.295%+$29 on $10k
Price spread, last 7 days−0.166%−$17 · spread now +0.127%, 7d avg −0.022%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.149% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GIGGLEUSDTM39.410−0.0060get 0.0030% / 4h2h 01m$2.1M$3.8M50x
ShortBingX GIGGLE-USDT39.4600.0228get 0.0114% / 4h2h 01m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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

Funding earned
$60.48
Price spread: +0.127% → −0.022%
$14.89
Slippage, 4 orders
−$226.14
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$172.77
Costs to cover
2.481%
Break-even
27.0 days
Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago1.28 bp144.9 bp −$145doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago1.28 bp14.5 bp −$1527.6 bp −$276187.7 bp −$18.8Kdoesn't fit

GIGGLE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GIGGLEUSDTMlong−0.0060%4h39.410long leg$2.1M$3.8M50x
BloFin GIGGLE-USDT+0.0088%4h39.340−0.178%$485K$41K50xas long as short
Aster GIGGLEUSDT+0.0100%4h39.450+0.102%$47K$136K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.450+0.101%$11.4M$16.1M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.440+0.076%$1.7M$2.0M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h39.460+0.127%$1.4M$5.0M50xas long as short
Gate GIGGLE_USDT+0.0100%4h39.420+0.025%$371K$615K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.420+0.025%$1.7M$477K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.363−0.119%$25K$5Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h39.460+0.127%$199K$470K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h39.4100.000%$1K$1.5M20xas long as short
Extended GIGGLE-USD+0.0104%1h39.369−0.105%$897$167K5xas long as short
MEXC GIGGLE_USDT+0.0228%4h39.400−0.025%$1.4M$719K50xas long as short
BingX GIGGLE-USDTshort+0.0228%4h39.460+0.127%$6.7M