Funding arb · Price arb /

HOLO

all HOLO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance+0.020%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1391.391% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.020%, 7d avg +0.060%

Together, before fees−0.013%−$1 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: Gate is 0.040% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HOLOUSDT	0.06547	0.0100	pay 0.0050% / 4h	3h 43m	$2.5M	$2.3M	50x
Short	Gate HOLO_USDT	0.06548	0.0100	get 0.0050% / 4h	3h 43m	$243K	$63K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → +0.060%: −$4.02
Slippage, 4 orders: −$114.07
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$143.09
Costs to cover: 1.391%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Gate: live order book, 23 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 Binance live order book, 7 min ago	0.76 bp	26.3 bp −$26	100.0 bp −$1,000	doesn't fit	doesn't fit
Sell Gate live order book, 23 min ago	13.75 bp	48.7 bp −$49	121.3 bp −$1,213	doesn't fit	doesn't fit

HOLO on 10 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 HOLOUSDTM	−0.0318%	4h	0.06534	−0.194%	$208K	$117K	30x	as long as short
Aster HOLOUSDT	+0.0100%	4h	0.06539	−0.113%	$15K	$5K	5x	as long as short
Binance HOLOUSDTlong	+0.0100%	4h	0.06547	long leg	$2.5M	$2.3M	50x
Bybit HOLOUSDT	+0.0100%	4h	0.06538	−0.133%	$1.5M	$648K	25x	as long as short
Gate HOLO_USDTshort	+0.0100%	4h	0.06548	+0.020%	$243K	$63K	50x
MEXC HOLO_USDT	+0.0100%	4h	0.06546	−0.011%	$573K	$182K	50x	as long as short
Bitget HOLOUSDT	+0.0100%	4h	0.06553	+0.096%	$580K	$200K	20x	as long as short
BingX HOLO-USDT	+0.0100%	4h	0.06542	−0.072%	—	$6.6M	—	as long as short
Variational Omni HOLO	+0.0100%	4h	0.06537	−0.141%	$4K	$491	—	as long as short
BloFin HOLO-USDT	+0.0155%	4h	0.06544	−0.042%	$164K	$19K	50x	as long as short