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+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.102%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2742.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 days−0.121%−$12 · spread now +0.102%, 7d avg +0.015%
Together, before fees−0.125%−$13 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 Bybit is 0.087% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GIGGLEUSDTM39.290−0.0048get 0.0024% / 4h1h 46m$2.1M$3.8M50x
ShortBybit GIGGLEUSDT39.3300.0100get 0.0050% / 4h1h 46m$1.7M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$31.08
Price spread: +0.102% → +0.015%
$8.66
Slippage, 4 orders
−$250.55
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$233.81
Costs to cover
2.736%
Break-even
59.7 days
Slippage from KuCoin: live order book, 11 min ago; Bybit: live order book, just now.

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, 11 min ago3.82 bp155.7 bp −$156doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, just now2.54 bp43.4 bp −$43524.2 bp −$5,242doesn't fitdoesn'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−0.0048%4h39.290long leg$2.1M$3.8M50x
Aster GIGGLEUSDT+0.0100%4h39.323+0.084%$47K$133K5xas long as short
Binance GIGGLEUSDT+0.0100%4h39.329+0.098%$11.4M$16.5M50xas long as short
Bybit GIGGLEUSDTshort+0.0100%4h39.330+0.102%$1.7M$2.0M25x
OKX GIGGLE-USDT-SWAP+0.0100%4h39.340+0.127%$1.4M$5.0M50xas long as short
Gate GIGGLE_USDT+0.0100%4h39.330+0.102%$369K$615K50xas long as short
Bitget GIGGLEUSDT+0.0100%4h39.350+0.153%$1.7M$461K25xas long as short
Variational Omni GIGGLE+0.0100%4h39.274−0.042%$27K$7Kas long as short
GRVT GIGGLE_USDT_Perp+0.0100%4h39.256−0.085%$198K$470K10xas long as short
SunX GIGGLE-USDT+0.0100%4h39.320+0.076%$2K$1.5M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GIGGLE-USD+0.0104%1h39.306+0.040%$895$165K5xas long as short
BloFin GIGGLE-USDT+0.0150%4h39.320+0.076%$491K$42K50xas long as short
MEXC GIGGLE_USDT+0.0238%4h39.310+0.051%$1.4M$715K50xas long as short
BingX GIGGLE-USDT+0.0238%4h39.360+0.178%$6.7Mas long as short