HOLO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.3% APRnext payment −$0.20 per $10,000 · paid last 24h −0.002%

Price spread now: Bybit against BloFin−0.168%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$194as in the Price arb table

costs, in and out, $10k−$1771.774% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.218%+$22 · spread now −0.168%, 7d avg −0.003%

Together, before fees+0.216%+$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.165% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin HOLO-USDT	0.06551	0.0140	pay 0.0070% / 4h	0m 54s	$163K	$28K	50x
Short	Bybit HOLOUSDT	0.06540	0.0100	get 0.0050% / 4h	0m 54s	$1.6M	$670K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.168%Rate

Funding earned: −$8.32
Price spread: −0.168% → −0.003%: −$16.53
Slippage, 4 orders: −$154.41
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$202.27
Costs to cover: 1.774%
Break-even: never at this rate

Slippage from BloFin: live order book, 29 min ago; Bybit: live order book, 5 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, 29 min ago	2.29 bp	23.0 bp −$23	57.8 bp −$578	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	3.07 bp	65.5 bp −$66	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 HOLOUSDTM	+0.0014%	4h	0.06538	−0.198%	$169K	$137K	30x	as long as short
Aster HOLOUSDT	+0.0100%	4h	0.06541	−0.150%	$15K	$5K	5x	as long as short
Binance HOLOUSDT	+0.0100%	4h	0.06546	−0.082%	$2.5M	$2.5M	50x	as long as short
Bybit HOLOUSDTshort	+0.0100%	4h	0.06540	−0.168%	$1.6M	$670K	25x
Gate HOLO_USDT	+0.0100%	4h	0.06541	−0.153%	$237K	$81K	50x	as long as short
MEXC HOLO_USDT	+0.0100%	4h	0.06545	−0.092%	$590K	$189K	50x	as long as short
Bitget HOLOUSDT	+0.0100%	4h	0.06553	+0.031%	$613K	$227K	20x	as long as short
BingX HOLO-USDT	+0.0100%	4h	0.06540	−0.168%	—	$6.6M	—	as long as short
Variational Omni HOLO	+0.0100%	4h	0.06537	−0.208%	$4K	$99	—	as long as short
BloFin HOLO-USDTlong	+0.0140%	4h	0.06551	long leg	$163K	$28K	50x