Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against KuCoin+0.025%95s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2172.175% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.025%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.065% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.039%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GIGGLEUSDTM | 39.350 | −0.0050 | get 0.0025% / 4h | 1h 43m | $2.1M | $3.8M | 50x |
| Short | BloFin GIGGLE-USDT | 39.360 | 0.0070 | get 0.0035% / 4h | 1h 43m | $488K | $42K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $25.1
- Price spread: +0.025% → −0.039%
- $6.49
- Slippage, 4 orders
- −$193.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$185.9
- Costs to cover
- 2.175%
- Break-even
- 58.8 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 42 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 KuCoin live order book, 4 min ago | 1.27 bp | 149.2 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 1.30 bp | 19.3 bp −$19 | 36.5 bp −$365 | 138.2 bp −$13.8K | 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 GIGGLEUSDTMlong | −0.0050% | 4h | 39.350 | long leg | $2.1M | $3.8M | 50x | |
| BloFin GIGGLE-USDTshort | +0.0070% | 4h | 39.360 | +0.025% | $488K | $42K | 50x | |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.375 | +0.062% | $47K | $133K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.358 | +0.020% | $11.4M | $16.5M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.380 | +0.076% | $1.7M | $2.0M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.400 | +0.127% | $1.4M | $5.0M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.370 | +0.051% | $370K | $616K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.360 | +0.025% | $1.7M | $462K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.348 | −0.005% | $27K | $7K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.299 | −0.129% | $198K | $470K | 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 | 39.330 | −0.051% | $2K | $1.5M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 39.363 | +0.033% | $895 | $165K | 5x | as long as short |
| MEXC GIGGLE_USDT | +0.0238% | 4h | 39.350 | 0.000% | $1.4M | $716K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0238% | 4h | 39.410 | +0.152% | — | $6.6M | — | as long as short |
KuCoin GIGGLEUSDTM
BloFin GIGGLE-USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT
BingX GIGGLE-USDT