GIGGLE Funding Rate — live across 11 venues

Compared across 11 supported venues · net of estimated fees · updated every few minutes

Live annualized GIGGLE perpetual funding across all 11 venues Perpia tracks. Right now GIGGLE funding is positive on 10 and negative on 1, ranging from +30.0% on MEXC to -19.3% on KuCoin — a spread of 49.3%. The widest delta-neutral trade is long KuCoin / short MEXC at 45.8% net APR.

venues

paying positive

49.3%

funding spread

Best GIGGLE spread now

45.8%

net APR after fees

Long KuCoin→Short MEXC

size depends on live venue depth — see the real cap in the scanner

GIGGLE funding trend & liquidity

168h of history

49.3%

current gross APR

26.2%

24h average

31.3%

7-day average

$1.9M

pair OI · lower leg

$1.6M

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

GIGGLE funding rate history

30d · 6h buckets · 11 venues

32.7%0-32.0%

6 Aug5 Sep

GIGGLE — average across 11 venuesAsterExtendedBinanceBitget

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +9.6%. A break in a line means no data was recorded for that stretch, not a zero rate.

GIGGLE funding rate by venue

24 pairs scanned

Venue	Funding APR	Interval
MEXC ↗	+30.0%	4h
BingX ↗	+30.0%	4h
Extended ↗	+11.4%	1h
Binance ↗	+10.9%	4h
OKX ↗	+10.9%	4h
Gate.io ↗	+10.9%	4h
Bybit ↗	+10.9%	4h
Variational ↗	+10.9%	4h
Aster ↗	+10.9%	1h
Bitget ↗	+10.9%	4h
KuCoin ↗	-19.3%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the KuCoin vs MEXC page.

GIGGLE arbitrage — 30-day backtest

long KuCoin · short MEXC

18.7%

backtested APR

+$153

historical net P&L on $10,000

0.08%

max drawdown

$10,000$10,153

30 days agostarting capital $10,000today

Over the last 30 days, holding long KuCoin / short MEXC would have produced 18.7% APR — versus the 45.8% the live spread implies right now (equity $10,000 → $10,153). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading GIGGLE backtest…

GIGGLE funding — FAQ

Is GIGGLE funding positive right now?

GIGGLE perpetual funding is positive on 10 of 11 venues Perpia tracks and negative on 1. The highest is +30.0% on MEXC; the lowest is -19.3% on KuCoin.

What is the best GIGGLE funding arbitrage right now?

Go long KuCoin and short MEXC for about 45.8% net APR after fees — the widest delta-neutral GIGGLE spread Perpia currently sees.

Which exchange has the highest GIGGLE funding rate?

MEXC, at +30.0% annualized. Funding shifts continuously, so check the live table above before trading.

How GIGGLE funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to GIGGLE

Markets also quoted on both KuCoin and MEXC — the same two exchanges you would already have funded for the GIGGLE trade.

See every spread between them on the KuCoin vs MEXC page.

Open the live scanner →All funding rates Funding by exchange How we calculate this