Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against BloFin+0.092%78s7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now +0.092%, 7d avg +0.052%
=The price spread pays, funding is against you. Gate is 0.040% dearer against BloFin than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.052%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOLO-USDT | 0.06545 | 0.0110 | pay 0.0055% / 4h | 27m 43s | $164K | $19K | 50x |
| Short | Gate HOLO_USDT | 0.06551 | 0.0100 | get 0.0050% / 4h | 27m 43s | $242K | $50K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.17
- Price spread: +0.092% → +0.052%
- $3.96
- Slippage, 4 orders
- −$88.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$114
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; Gate: live order book, 44 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, 34 min ago | 2.30 bp | 20.1 bp −$20 | 55.5 bp −$555 | doesn't fit | doesn't fit |
| Sell Gate live order book, 44 min ago | 6.16 bp | 34.3 bp −$34 | 206.6 bp −$2,066 | 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 | −0.0168% | 4h | 0.06535 | −0.153% | $215K | $116K | 30x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06550 | +0.078% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06548 | +0.045% | $2.5M | $2.2M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06544 | −0.015% | $1.5M | $646K | 25x | as long as short |
| Gate HOLO_USDTshort | +0.0100% | 4h | 0.06551 | +0.092% | $242K | $50K | 50x | |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06548 | +0.046% | $574K | $183K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06556 | +0.168% | $580K | $195K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06549 | +0.061% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06540 | −0.080% | $4K | $491 | — | as long as short |
| BloFin HOLO-USDTlong | +0.0110% | 4h | 0.06545 | long leg | $164K | $19K | 50x |
BloFin HOLO-USDT
Gate HOLO_USDT
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
MEXC HOLO_USDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO