Funding arb · Price arb /

GIGGLE

all GIGGLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.032%

Price spread now: Binance against OKX−0.026%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$660.661% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.026%, 7d avg −0.053%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.027% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GIGGLE-USDT-SWAP	39.020	0.0100	pay 0.0050% / 4h	3h 26m	$1.3M	$4.5M	50x
Short	Binance GIGGLEUSDT	39.010	0.0100	get 0.0050% / 4h	3h 26m	$11.3M	$14.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → −0.053%: $2.68
Slippage, 4 orders: −$46.07
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.38
Costs to cover: 0.661%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Binance: live order book, 14 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 OKX live order book, 2 min ago	1.28 bp	16.8 bp −$17	109.3 bp −$1,093	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.57 bp	14.4 bp −$14	38.0 bp −$380	467.1 bp −$46.7K	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
Aster GIGGLEUSDT	+0.0100%	4h	39.017	−0.006%	$46K	$133K	5x	as long as short
Binance GIGGLEUSDTshort	+0.0100%	4h	39.010	−0.026%	$11.3M	$14.7M	50x
Bybit GIGGLEUSDT	+0.0100%	4h	39.030	+0.026%	$1.6M	$1.8M	25x	as long as short
OKX GIGGLE-USDT-SWAPlong	+0.0100%	4h	39.020	long leg	$1.3M	$4.5M	50x
Gate GIGGLE_USDT	+0.0100%	4h	38.980	−0.103%	$368K	$577K	50x	as long as short
KuCoin GIGGLEUSDTM	+0.0100%	4h	38.950	−0.179%	$2.1M	$3.9M	50x	as long as short
Bitget GIGGLEUSDT	+0.0100%	4h	39.040	+0.051%	$1.7M	$451K	25x	as long as short
Variational Omni GIGGLE	+0.0100%	4h	38.988	−0.083%	$27K	$3K	—	as long as short
GRVT GIGGLE_USDT_Perp	+0.0100%	4h	39.284	+0.677%	$207K	$483K	10x	as long as short
SunX GIGGLE-USDT	+0.0100%	4h	38.970	−0.128%	$2K	$1.4M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GIGGLE-USD	+0.0104%	1h	38.999	−0.055%	$2K	$166K	5x	as long as short
BloFin GIGGLE-USDT	+0.0154%	4h	39.010	−0.026%	$479K	$37K	50x	as long as short
MEXC GIGGLE_USDT	+0.0228%	4h	39.000	−0.051%	$1.4M	$668K	50x	as long as short
BingX GIGGLE-USDT	+0.0228%	4h	39.020	0.000%	—	$6.7M	—	as long as short