Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BloFin−0.264%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$830.832% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.264%, 7d avg −0.009%
=Funding pays, the price is against you. Binance is 0.255% cheaper against BloFin than usual: you would sell low and buy high (spread −0.264% now, against its 7-day average of −0.009%). If the spread goes back, that is −$26 on $10k: about 15 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.016% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOLO-USDT | 0.06535 | 0.0042 | pay 0.0021% / 4h | 3h 10m | $162K | $28K | 50x |
| Short | Binance HOLOUSDT | 0.06518 | 0.0100 | get 0.0050% / 4h | 3h 10m | $2.5M | $2.5M | 50x |
BloFin HOLO-USDT
Binance HOLOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $12.23
- Price spread: −0.264% → −0.009%
- −$25.51
- Slippage, 4 orders
- −$61.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.5
- Costs to cover
- 0.832%
- Break-even
- 62.3 days
Slippage from BloFin: live order book, 9 min ago; Binance: live order book, 9 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 BloFin live order book, 9 min ago | 0.77 bp | 20.3 bp −$20 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.77 bp | 21.6 bp −$22 | 88.3 bp −$883 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HOLO-USDTlong | +0.0042% | 4h | 0.06535 | long leg | $162K | $28K | 50x | |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06517 | −0.271% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDTshort | +0.0100% | 4h | 0.06518 | −0.264% | $2.5M | $2.5M | 50x | |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06513 | −0.337% | $1.6M | $662K | 25x | as long as short |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06527 | −0.122% | $238K | $78K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06517 | −0.275% | $584K | $180K | 50x | as long as short |
| KuCoin HOLOUSDTM | +0.0100% | 4h | 0.06526 | −0.138% | $168K | $136K | 30x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06526 | −0.138% | $611K | $197K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06527 | −0.122% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06518 | −0.256% | $4K | $99 | — | as long as short |
Aster HOLOUSDT
Bybit HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
KuCoin HOLOUSDTM
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO