Funding arb · Price arb /

HOLO

all HOLO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against MEXC−0.092%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$158as in the Price arb table

costs, in and out, $10k−$1471.471% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.092%, 7d avg +0.016%

Together, before fees+0.099%+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.107% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC HOLO_USDT	0.06551	0.0100	pay 0.0050% / 4h	4m 50s	$574K	$184K	50x
Short	Bybit HOLOUSDT	0.06545	0.0100	get 0.0050% / 4h	4m 50s	$1.5M	$650K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now −0.092%Rate

Funding earned: $0
Price spread: −0.092% → +0.016%: −$10.71
Slippage, 4 orders: −$132.09
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$157.81
Costs to cover: 1.471%
Break-even: never at this rate

Slippage from MEXC: live order book, 65 min ago; Bybit: live order book, 1 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, 65 min ago	0.77 bp	9.5 bp −$9	50.5 bp −$505	312.4 bp −$31.2K	doesn't fit
Sell Bybit live order book, 1 min ago	6.12 bp	70.0 bp −$70	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 HOLOUSDTM	−0.0348%	4h	0.06539	−0.183%	$214K	$116K	30x	as long as short
BloFin HOLO-USDT	+0.0081%	4h	0.06543	−0.122%	$163K	$19K	50x	as long as short
Aster HOLOUSDT	+0.0100%	4h	0.06554	+0.042%	$15K	$5K	5x	as long as short
Binance HOLOUSDT	+0.0100%	4h	0.06553	+0.035%	$2.5M	$2.3M	50x	as long as short
Bybit HOLOUSDTshort	+0.0100%	4h	0.06545	−0.092%	$1.5M	$650K	25x
Gate HOLO_USDT	+0.0100%	4h	0.06548	−0.046%	$244K	$52K	50x	as long as short
MEXC HOLO_USDTlong	+0.0100%	4h	0.06551	long leg	$574K	$184K	50x
Bitget HOLOUSDT	+0.0100%	4h	0.06551	0.000%	$580K	$196K	20x	as long as short
BingX HOLO-USDT	+0.0100%	4h	0.06547	−0.061%	—	$6.6M	—	as long as short
Variational Omni HOLO	+0.0100%	4h	0.06535	−0.242%	$4K	$491	—	as long as short