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+0.0120%/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 − costsprices read too far apart to compare
costs, in and out, $10k−$2172.175% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.170%−$17 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GIGGLEUSDTM39.350−0.0050get 0.0025% / 4h1h 43m$2.1M$3.8M50x
ShortBloFin GIGGLE-USDT39.3600.0070get 0.0035% / 4h1h 43m$488K$42K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago1.27 bp149.2 bp −$149doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago1.30 bp19.3 bp −$1936.5 bp −$365138.2 bp −$13.8Kdoesn'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−0.0050%4h39.350long leg$2.1M$3.8M50x
BloFin GIGGLE-USDTshort+0.0070%4h39.360+0.025%$488K$42K50x
Aster GIGGLEUSDT+0.0100%4h39.375+0.062%$47K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.358+0.020%$11.4M$16.5M50xas long as short
Bybit GIGGLEUSDT+0.0100%4h39.380+0.076%$1.7M$2.0M25xas long as short
OKX GIGGLE-USDT-SWAP+0.0100%4h39.400+0.127%$1.4M$5.0M50xas long as short
Gate GIGGLE_USDT+0.0100%4h39.370+0.051%$370K$616K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.360+0.025%$1.7M$462K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.348−0.005%$27K$7Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h39.299−0.129%$198K$470K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX GIGGLE-USDT+0.0100%4h39.330−0.051%$2K$1.5M20xas long as short
Extended GIGGLE-USD+0.0104%1h39.363+0.033%$895$165K5xas long as short
MEXC GIGGLE_USDT+0.0238%4h39.3500.000%$1.4M$716K50xas long as short
BingX GIGGLE-USDT+0.0238%4h39.410+0.152%$6.6Mas long as short