Funding arb · Price arb /

HOLO

all HOLO markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Binance against BingX+0.091%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$1091.091% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days−0.155%−$16 · spread now +0.091%, 7d avg −0.037%

Together, before fees−0.226%−$23 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 0.129% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX HOLO-USDT	0.06513	0.0100	pay 0.0050% / 4h	1h 40m	—	$6.6M	—
Short	Binance HOLOUSDT	0.06519	0.0100	get 0.0050% / 4h	1h 40m	$2.5M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.091%Rate

Funding earned: $0
Price spread: +0.091% → −0.037%: $12.86
Slippage, 4 orders: −$89.1
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$96.24
Costs to cover: 1.091%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; Binance: live order book, 10 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 BingX live order book, 11 min ago	6.94 bp	27.2 bp −$27	82.6 bp −$826	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	2.31 bp	26.6 bp −$27	92.4 bp −$924	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	+0.0056%	4h	0.06501	−0.184%	$215K	$115K	30x	as long as short
Aster HOLOUSDT	+0.0100%	4h	0.06513	+0.002%	$15K	$5K	5x	as long as short
Binance HOLOUSDTshort	+0.0100%	4h	0.06519	+0.091%	$2.5M	$2.2M	50x
Bybit HOLOUSDT	+0.0100%	4h	0.06512	−0.015%	$1.5M	$606K	25x	as long as short
Gate HOLO_USDT	+0.0100%	4h	0.06509	−0.061%	$245K	$47K	50x	as long as short
MEXC HOLO_USDT	+0.0100%	4h	0.06518	+0.077%	$568K	$179K	50x	as long as short
Bitget HOLOUSDT	+0.0100%	4h	0.06515	+0.031%	$577K	$189K	20x	as long as short
BingX HOLO-USDTlong	+0.0100%	4h	0.06513	long leg	—	$6.6M	—
Variational Omni HOLO	+0.0100%	4h	0.06486	−0.409%	$4K	$491	—	as long as short
BloFin HOLO-USDT	+0.0130%	4h	0.06511	−0.031%	$164K	$18K	50x	as long as short