Funding you earn now, next payment 04:00 UTC−0.0510%/8h= −55.8% APRnext payment −$2.55 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against Binance−0.258%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$365as in the Price arb table
costs, in and out, $10k−$3403.403% of the position
Funding, last 7 days−0.463%−$46 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.258%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.244% cheaper against Binance than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOLOUSDT | 0.06600 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $2.5M | $2.3M | 50x |
| Short | KuCoin HOLOUSDTM | 0.06583 | −0.0410 | pay 0.0205% / 4h | 3h 10m | $206K | $119K | 30x |
Binance HOLOUSDT
KuCoin HOLOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$107.1
- Price spread: −0.258% → −0.014%
- −$24.36
- Slippage, 4 orders
- −$318.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$471.74
- Costs to cover
- 3.403%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: 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 Binance live order book, 10 min ago | 1.52 bp | 23.1 bp −$23 | 89.8 bp −$898 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 40 min ago | 12.98 bp | 226.6 bp −$227 | doesn't fit | 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 HOLOUSDTMshort | −0.0410% | 4h | 0.06583 | −0.258% | $206K | $119K | 30x | |
| BloFin HOLO-USDT | +0.0066% | 4h | 0.06591 | −0.136% | $164K | $25K | 50x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06594 | −0.091% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDTlong | +0.0100% | 4h | 0.06600 | long leg | $2.5M | $2.3M | 50x | |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06591 | −0.136% | $1.6M | $654K | 25x | as long as short |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06599 | −0.015% | $244K | $66K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06600 | 0.000% | $579K | $184K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06598 | −0.030% | $584K | $206K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06591 | −0.136% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06580 | −0.297% | $4K | $491 | — | as long as short |
BloFin HOLO-USDT
Aster HOLOUSDT
Bybit HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO