Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.037%

Price spread now: Extended against MEXC−0.065%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$480.478% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.275%−$28 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.065%, 7d avg −0.007%

Together, before fees−0.169%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.058% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.007%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GIGGLE_USDT	39.990	0.0238	pay 0.0119% / 4h	1h 00m	$1.4M	$776K	50x
Short	Extended GIGGLE-USD	39.964	0.0104	get 0.0013% / 1h	0m 33s	$911	$159K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee ExtendedbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$28.14
Price spread: −0.065% → −0.007%: −$5.77
Slippage, 4 orders: −$38.75
Fee MEXC: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$81.67
Costs to cover: 0.478%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Extended: live order book, 40 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 MEXC live order book, 1 min ago	1.25 bp	4.7 bp −$5	22.4 bp −$224	126.1 bp −$12.6K	doesn't fit
Sell Extended live order book, 40 min ago	3.06 bp	25.5 bp −$25	163.1 bp −$1,631	doesn't fit	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 GIGGLEUSDTM	−0.0020%	4h	39.970	−0.050%	$2.1M	$3.7M	50x	as long as short
BloFin GIGGLE-USDT	+0.0090%	4h	39.930	−0.150%	$500K	$46K	50x	as long as short
Aster GIGGLEUSDT	+0.0100%	4h	39.995	+0.012%	$48K	$134K	5x	as long as short
Binance GIGGLEUSDT	+0.0100%	4h	39.995	+0.012%	$11.7M	$17.3M	50x	as long as short
Bybit GIGGLEUSDT	+0.0100%	4h	40.020	+0.075%	$1.7M	$2.1M	25x	as long as short
OKX GIGGLE-USDT-SWAP	+0.0100%	4h	40.000	+0.025%	$1.4M	$5.3M	50x	as long as short
Gate GIGGLE_USDT	+0.0100%	4h	39.970	−0.050%	$385K	$640K	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	40.030	+0.100%	$1.7M	$481K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	39.923	−0.168%	$27K	$7K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.692	−0.745%	$209K	$472K	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	39.890	−0.250%	$2K	$1.5M	20x	as long as short
Extended GIGGLE-USDshort	+0.0104%	1h	39.964	−0.065%	$911	$159K	5x
MEXC GIGGLE_USDTlong	+0.0238%	4h	39.990	long leg	$1.4M	$776K	50x
BingX GIGGLE-USDT	+0.0238%	4h	39.970	−0.050%	—	$6.7M	—	as long as short