Funding you earn now, next payment 08:00 UTC−0.0238%/8h= −26.1% APRnext payment −$1.19 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.138%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2222.215% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.138%, 7d avg −0.049%
=The price spread pays, funding is against you. Bybit is 0.187% dearer against Gate than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of −0.049%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOLO_USDT | 0.06502 | 0.0338 | pay 0.0169% / 4h | 1h 08m | $238K | $76K | 50x |
| Short | Bybit HOLOUSDT | 0.06511 | 0.0100 | get 0.0050% / 4h | 1h 08m | $1.6M | $643K | 25x |
Gate HOLO_USDT
Bybit HOLOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$49.98
- Price spread: +0.138% → −0.049%
- $18.7
- Slippage, 4 orders
- −$195.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$252.81
- Costs to cover
- 2.215%
- Break-even
- never at this rate
Slippage from Gate: live order book, 28 min ago; Bybit: live order book, 3 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, 28 min ago | 12.33 bp | 39.4 bp −$39 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 8.44 bp | 68.4 bp −$68 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HOLO-USDT | +0.0083% | 4h | 0.06519 | +0.261% | $159K | $27K | 50x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06515 | +0.195% | $15K | $3K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06518 | +0.251% | $2.5M | $2.6M | 50x | as long as short |
| Bybit HOLOUSDTshort | +0.0100% | 4h | 0.06511 | +0.138% | $1.6M | $643K | 25x | |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06518 | +0.246% | $569K | $183K | 50x | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06508 | +0.097% | $4K | $99 | — | as long as short |
| Bitget HOLOUSDT | +0.0160% | 4h | 0.06524 | +0.338% | $610K | $168K | 20x | as long as short |
| BingX HOLO-USDT | +0.0166% | 4h | 0.06513 | +0.169% | — | $6.6M | — | as long as short |
| KuCoin HOLOUSDTM | +0.0316% | 4h | 0.06515 | +0.200% | $166K | $135K | 30x | as long as short |
| Gate HOLO_USDTlong | +0.0338% | 4h | 0.06502 | long leg | $238K | $76K | 50x |
BloFin HOLO-USDT
Aster HOLOUSDT
Binance HOLOUSDT
MEXC HOLO_USDT
Variational Omni HOLO
Bitget HOLOUSDT
BingX HOLO-USDT
KuCoin HOLOUSDTM