Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC−0.093%64s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$670.671% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.093%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.105% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 64 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 | MEXC HOLO_USDT | 0.06462 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $568K | $177K | 50x |
| Short | BloFin HOLO-USDT | 0.06456 | 0.0058 | get 0.0029% / 4h | 2h 36m | $161K | $27K | 50x |
MEXC HOLO_USDT
BloFin HOLO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$8.86
- Price spread: −0.093% → +0.012%
- −$10.5
- Slippage, 4 orders
- −$51.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.43
- Costs to cover
- 0.671%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 44 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 MEXC live order book, 4 min ago | 1.55 bp | 13.0 bp −$13 | 54.5 bp −$545 | 316.3 bp −$31.6K | doesn't fit |
| Sell BloFin live order book, 44 min ago | 0.77 bp | 19.3 bp −$19 | 52.2 bp −$522 | 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-USDTshort | +0.0058% | 4h | 0.06456 | −0.093% | $161K | $27K | 50x | |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06462 | −0.003% | $15K | $4K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06463 | +0.015% | $2.5M | $2.5M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06460 | −0.031% | $1.6M | $668K | 25x | as long as short |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06455 | −0.108% | $236K | $78K | 50x | as long as short |
| MEXC HOLO_USDTlong | +0.0100% | 4h | 0.06462 | long leg | $568K | $177K | 50x | |
| KuCoin HOLOUSDTM | +0.0100% | 4h | 0.06447 | −0.232% | $166K | $136K | 30x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06460 | −0.031% | $604K | $155K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06459 | −0.046% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06451 | −0.163% | $4K | $99 | — | as long as short |
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
Gate HOLO_USDT
KuCoin HOLOUSDTM
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO