Funding you earn now, next payment 04:00 UTC+0.0958%/8h= +104.9% APRnext payment +$4.79 per $10,000 · paid last 24h −0.021%
Price spread now: BingX against KuCoin+0.259%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2702.702% of the position
Funding, last 7 days+0.528%+$53 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.259%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and BingX is 0.219% dearer against KuCoin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.040%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.528% in total (about 27.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.79 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 | KuCoin HOLOUSDTM | 0.06561 | −0.0858 | get 0.0429% / 4h | 2h 23m | $170K | $135K | 30x |
| Short | BingX HOLO-USDT | 0.06578 | 0.0100 | get 0.0050% / 4h | 2h 23m | — | $6.6M | — |
KuCoin HOLOUSDTM
BingX HOLO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $201.18
- Price spread: +0.259% → +0.040%
- $21.94
- Slippage, 4 orders
- −$248.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$47.04
- Costs to cover
- 2.702%
- Break-even
- 8.6 days
Slippage from KuCoin: live order book, 12 min ago; BingX: live order book, 9 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 KuCoin live order book, 12 min ago | 13.09 bp | 87.2 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.88 bp | 33.1 bp −$33 | 89.2 bp −$892 | 967.8 bp −$96.8K | 1352.9 bp −$676.5K |
HOLO on 9 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 HOLOUSDTMlong | −0.0858% | 4h | 0.06561 | long leg | $170K | $135K | 30x | |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06578 | +0.254% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06580 | +0.283% | $2.5M | $2.4M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06571 | +0.152% | $1.6M | $665K | 25x | as long as short |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06573 | +0.183% | $242K | $76K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06579 | +0.274% | $577K | $183K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06583 | +0.335% | $578K | $214K | 20x | as long as short |
| BingX HOLO-USDTshort | +0.0100% | 4h | 0.06578 | +0.259% | — | $6.6M | — | |
| Variational Omni HOLO | +0.0100% | 4h | 0.06573 | +0.182% | $4K | $489 | — | as long as short |
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
Bitget HOLOUSDT
Variational Omni HOLO