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: BloFin against Gate−0.092%78s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as 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)−0.038%−$4 · spread now −0.092%, 7d avg −0.052%
=Funding pays, the price is against you. BloFin is 0.039% cheaper against Gate than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.052%). If the spread goes back, that is −$4 on $10k: about 13 days of funding at the current rate ($0 a day). 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 | Gate HOLO_USDT | 0.06551 | 0.0100 | pay 0.0050% / 4h | 27m 57s | $242K | $50K | 50x |
| Short | BloFin HOLO-USDT | 0.06545 | 0.0110 | get 0.0055% / 4h | 27m 57s | $164K | $19K | 50x |
Gate HOLO_USDT
BloFin HOLO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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%
- −$3.95
- Slippage, 4 orders
- −$88.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$117.58
- Costs to cover
- 1.158%
- Break-even
- 387.0 days
Slippage from Gate: live order book, 44 min ago; BloFin: live order book, 34 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 Gate live order book, 44 min ago | 6.16 bp | 37.3 bp −$37 | 138.1 bp −$1,381 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 2.30 bp | 24.1 bp −$24 | 64.4 bp −$644 | 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 | −0.0162% | 4h | 0.06535 | −0.244% | $215K | $116K | 30x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06550 | −0.010% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06550 | −0.014% | $2.5M | $2.2M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06544 | −0.107% | $1.5M | $646K | 25x | as long as short |
| Gate HOLO_USDTlong | +0.0100% | 4h | 0.06551 | long leg | $242K | $50K | 50x | |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06549 | −0.031% | $574K | $183K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06556 | +0.076% | $580K | $195K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06549 | −0.031% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06540 | −0.172% | $4K | $491 | — | as long as short |
| BloFin HOLO-USDTshort | +0.0110% | 4h | 0.06545 | −0.092% | $164K | $19K | 50x |
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
MEXC HOLO_USDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO