Funding you earn now, next payment 00:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against MEXC+0.026%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now +0.026%, 7d avg +0.067%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.041% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GIGGLE_USDT | 38.540 | 0.0264 | pay 0.0132% / 4h | 3h 30m | $1.5M | $645K | 50x |
| Short | OKX GIGGLE-USDT-SWAP | 38.550 | 0.0100 | get 0.0050% / 4h | 3h 30m | $1.3M | $3.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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
- −$34.44
- Price spread: +0.026% → +0.067%
- −$4.1
- Slippage, 4 orders
- −$31.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$84.11
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago | 1.30 bp | 5.8 bp −$6 | 20.8 bp −$208 | 124.3 bp −$12.4K | 481.9 bp −$241.0K |
| Sell OKX live order book, 3 min ago | 1.29 bp | 14.4 bp −$14 | 97.6 bp −$976 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GIGGLE-USDT | +0.0043% | 4h | 38.570 | +0.078% | $477K | $28K | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0100% | 4h | 38.583 | +0.110% | $51K | $111K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 38.524 | −0.041% | $10.9M | $13.3M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 38.580 | +0.104% | $1.7M | $1.7M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAPshort | +0.0100% | 4h | 38.550 | +0.026% | $1.3M | $3.8M | 50x | |
| Gate GIGGLE_USDT | +0.0100% | 4h | 38.580 | +0.104% | $383K | $558K | 50x | as long as short |
| KuCoin GIGGLEUSDTM | +0.0100% | 4h | 38.570 | +0.078% | $2.1M | $4.4M | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 38.590 | +0.130% | $1.7M | $541K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 38.584 | +0.115% | $27K | $4K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 38.610 | +0.183% | $204K | $614K | 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 | 38.520 | −0.052% | $2K | $1.3M | 20x | as long as short |
| Extended GIGGLE-USD | +0.0104% | 1h | 38.538 | −0.005% | $2K | $184K | 5x | as long as short |
| MEXC GIGGLE_USDTlong | +0.0264% | 4h | 38.540 | long leg | $1.5M | $645K | 50x | |
| BingX GIGGLE-USDT | +0.0264% | 4h | 38.530 | −0.026% | — | $6.7M | — | as long as short |
MEXC GIGGLE_USDT
OKX GIGGLE-USDT-SWAP
BloFin GIGGLE-USDT
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
Gate GIGGLE_USDT
KuCoin GIGGLEUSDTM
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
BingX GIGGLE-USDT