Funding arb · Price arb /

HOLO

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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: MEXC against Bitget−0.092%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$720.724% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.092%, 7d avg −0.054%

Together, before fees+0.058%+$6 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: MEXC is 0.038% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HOLOUSDT	0.06544	0.0100	pay 0.0050% / 4h	7m 08s	$579K	$196K	20x
Short	MEXC HOLO_USDT	0.06538	0.0100	get 0.0050% / 4h	7m 08s	$573K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.092%Rate

Funding earned: $0
Price spread: −0.092% → −0.054%: −$3.81
Slippage, 4 orders: −$56.4
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$76.21
Costs to cover: 0.724%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 63 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, 3 min ago	9.94 bp	26.1 bp −$26	92.8 bp −$928	doesn't fit	doesn't fit
Sell MEXC live order book, 63 min ago	0.77 bp	8.8 bp −$9	89.1 bp −$891	284.6 bp −$28.5K	642.1 bp −$321.0K

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	−0.0352%	4h	0.06528	−0.244%	$213K	$116K	30x	as long as short
Aster HOLOUSDT	+0.0100%	4h	0.06543	−0.017%	$15K	$5K	5x	as long as short
Binance HOLOUSDT	+0.0100%	4h	0.06538	−0.089%	$2.5M	$2.2M	50x	as long as short
Bybit HOLOUSDT	+0.0100%	4h	0.06538	−0.092%	$1.5M	$650K	25x	as long as short
Gate HOLO_USDT	+0.0100%	4h	0.06538	−0.092%	$244K	$52K	50x	as long as short
MEXC HOLO_USDTshort	+0.0100%	4h	0.06538	−0.092%	$573K	$184K	50x
Bitget HOLOUSDTlong	+0.0100%	4h	0.06544	long leg	$579K	$196K	20x
BingX HOLO-USDT	+0.0100%	4h	0.06540	−0.061%	—	$6.6M	—	as long as short
Variational Omni HOLO	+0.0100%	4h	0.06525	−0.290%	$4K	$491	—	as long as short
BloFin HOLO-USDT	+0.0157%	4h	0.06546	+0.031%	$164K	$19K	50x	as long as short