Funding you earn now, next payment 04:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin−0.153%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$710.713% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)+0.159%+$16 · spread now −0.153%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.138% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOLO-USDT | 0.06539 | 0.0135 | pay 0.0067% / 4h | 3h 38m | $164K | $19K | 50x |
| Short | MEXC HOLO_USDT | 0.06529 | 0.0100 | get 0.0050% / 4h | 3h 38m | $572K | $182K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$7.27
- Price spread: −0.153% → −0.015%
- −$13.82
- Slippage, 4 orders
- −$55.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$92.41
- Costs to cover
- 0.713%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 18 min ago; MEXC: live order book, 26 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, 18 min ago | 3.04 bp | 15.6 bp −$16 | 49.6 bp −$496 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 2.29 bp | 14.9 bp −$15 | 119.6 bp −$1,196 | 330.6 bp −$33.1K | 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 | −0.0346% | 4h | 0.06523 | −0.245% | $208K | $117K | 30x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06532 | −0.108% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06532 | −0.107% | $2.5M | $2.2M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06522 | −0.260% | $1.5M | $648K | 25x | as long as short |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06541 | +0.031% | $243K | $63K | 50x | as long as short |
| MEXC HOLO_USDTshort | +0.0100% | 4h | 0.06529 | −0.153% | $572K | $182K | 50x | |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06536 | −0.046% | $579K | $200K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06533 | −0.092% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06536 | −0.046% | $4K | $491 | — | as long as short |
| BloFin HOLO-USDTlong | +0.0135% | 4h | 0.06539 | long leg | $164K | $19K | 50x |
BloFin HOLO-USDT
MEXC HOLO_USDT
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
Gate HOLO_USDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO