Funding arb · Price arb /

HOLO

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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 +0.016%

Price spread now: KuCoin against Bitget−0.093%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$372as in the Funding arb table

Net, price: spread back to 7d avg − costs−$325as in the Price arb table

costs, in and out, $10k−$3223.220% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.500%−$50 on $10k

Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.093%, 7d avg −0.066%

Together, before fees−0.445%−$45 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: KuCoin is 0.027% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HOLOUSDT	0.06463	0.0100	pay 0.0050% / 4h	2h 19m	$604K	$160K	20x
Short	KuCoin HOLOUSDTM	0.06457	0.0100	get 0.0050% / 4h	2h 19m	$165K	$136K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.093%Rate

Funding earned: $0
Price spread: −0.093% → −0.066%: −$2.71
Slippage, 4 orders: −$297.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$324.68
Costs to cover: 3.220%
Break-even: never at this rate

Slippage from Bitget: live order book, 25 min ago; KuCoin: live order book, 36 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 Bitget live order book, 25 min ago	9.24 bp	27.2 bp −$27	92.9 bp −$929	doesn't fit	doesn't fit
Sell KuCoin live order book, 36 min ago	13.88 bp	134.5 bp −$134	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
Aster HOLOUSDT	+0.0100%	4h	0.06455	−0.121%	$15K	$4K	5x	as long as short
Binance HOLOUSDT	+0.0100%	4h	0.06471	+0.124%	$2.5M	$2.6M	50x	as long as short
Bybit HOLOUSDT	+0.0100%	4h	0.06464	+0.015%	$1.6M	$665K	25x	as long as short
Gate HOLO_USDT	+0.0100%	4h	0.06451	−0.186%	$236K	$78K	50x	as long as short
MEXC HOLO_USDT	+0.0100%	4h	0.06469	+0.093%	$561K	$180K	50x	as long as short
KuCoin HOLOUSDTMshort	+0.0100%	4h	0.06457	−0.093%	$165K	$136K	30x
Bitget HOLOUSDTlong	+0.0100%	4h	0.06463	long leg	$604K	$160K	20x
BingX HOLO-USDT	+0.0100%	4h	0.06467	+0.062%	—	$6.6M	—	as long as short
Variational Omni HOLO	+0.0100%	4h	0.06443	−0.304%	$4K	$99	—	as long as short
BloFin HOLO-USDT	+0.0133%	4h	0.06457	−0.093%	$159K	$27K	50x	as long as short