Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h +0.042%
Price spread now: KuCoin against Gate−0.138%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$388as in the Funding arb table
Net, price: spread back to 7d avg − costs−$352as in the Price arb table
costs, in and out, $10k−$3453.452% of the position
Funding, last 7 days−0.425%−$43 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.138%, 7d avg −0.073%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.065% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOLO_USDT | 0.06513 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $245K | $47K | 50x |
| Short | KuCoin HOLOUSDTM | 0.06504 | 0.0068 | get 0.0034% / 4h | 1h 35m | $215K | $115K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$6.72
- Price spread: −0.138% → −0.073%
- −$6.52
- Slippage, 4 orders
- −$318.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$358.45
- Costs to cover
- 3.452%
- Break-even
- never at this rate
Slippage from Gate: live order book, 41 min ago; KuCoin: 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, 41 min ago | 11.56 bp | 39.5 bp −$39 | 119.9 bp −$1,199 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 17.01 bp | 197.4 bp −$197 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HOLOUSDTMshort | +0.0068% | 4h | 0.06504 | −0.138% | $215K | $115K | 30x | |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06512 | −0.021% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06509 | −0.059% | $2.5M | $2.2M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06503 | −0.154% | $1.5M | $606K | 25x | as long as short |
| Gate HOLO_USDTlong | +0.0100% | 4h | 0.06513 | long leg | $245K | $47K | 50x | |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06510 | −0.046% | $564K | $183K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06515 | +0.031% | $577K | $189K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06515 | +0.031% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06506 | −0.104% | $4K | $491 | — | as long as short |
| BloFin HOLO-USDT | +0.0120% | 4h | 0.06518 | +0.077% | $163K | $18K | 50x | as long as short |
Gate HOLO_USDT
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
MEXC HOLO_USDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO
BloFin HOLO-USDT