Funding arb · Price arb /

HOLO

all HOLO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit+0.077%7-day average −0.047% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1781.784% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days−0.159%−$16 · spread now +0.077%, 7d avg −0.047%

Together, before fees−0.156%−$16 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: Binance is 0.124% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit HOLOUSDT	0.06501	0.0100	pay 0.0050% / 4h	1h 44m	$1.6M	$666K	25x
Short	Binance HOLOUSDT	0.06506	0.0100	get 0.0050% / 4h	1h 44m	$2.5M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → −0.047%: $12.43
Slippage, 4 orders: −$157.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$165.93
Costs to cover: 1.784%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Binance: 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 Bybit live order book, 2 min ago	6.94 bp	65.2 bp −$65	1590.0 bp −$15.9K	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.54 bp	24.6 bp −$25	86.6 bp −$866	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
Aster HOLOUSDT	+0.0100%	4h	0.06493	−0.120%	$15K	$4K	5x	as long as short
Binance HOLOUSDTshort	+0.0100%	4h	0.06506	+0.077%	$2.5M	$2.6M	50x
Bybit HOLOUSDTlong	+0.0100%	4h	0.06501	long leg	$1.6M	$666K	25x
MEXC HOLO_USDT	+0.0100%	4h	0.06506	+0.077%	$569K	$181K	50x	as long as short
KuCoin HOLOUSDTM	+0.0100%	4h	0.06500	−0.015%	$165K	$136K	30x	as long as short
BingX HOLO-USDT	+0.0100%	4h	0.06501	0.000%	—	$6.6M	—	as long as short
Variational Omni HOLO	+0.0100%	4h	0.06485	−0.241%	$4K	$99	—	as long as short
Bitget HOLOUSDT	+0.0106%	4h	0.06513	+0.185%	$609K	$167K	20x	as long as short
BloFin HOLO-USDT	+0.0109%	4h	0.06495	−0.092%	$160K	$27K	50x	as long as short
Gate HOLO_USDT	+0.0220%	4h	0.06493	−0.123%	$238K	$76K	50x	as long as short