Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against BingX−0.046%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.046%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.026% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HOLO-USDT | 0.06542 | 0.0100 | pay 0.0050% / 4h | 17m 00s | — | $6.6M | — |
| Short | BloFin HOLO-USDT | 0.06539 | 0.0071 | get 0.0035% / 4h | 17m 00s | $163K | $28K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$6.17
- Price spread: −0.046% → −0.020%
- −$2.6
- Slippage, 4 orders
- −$74.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$105.46
- Costs to cover
- 0.967%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 13 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 BingX live order book, 5 min ago | 6.11 bp | 26.3 bp −$26 | 80.9 bp −$809 | 677.4 bp −$67.7K | doesn't fit |
| Sell BloFin live order book, 13 min ago | 2.29 bp | 18.1 bp −$18 | 57.5 bp −$575 | 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 | −0.0012% | 4h | 0.06539 | −0.046% | $169K | $137K | 30x | as long as short |
| BloFin HOLO-USDTshort | +0.0071% | 4h | 0.06539 | −0.046% | $163K | $28K | 50x | |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06541 | −0.017% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06547 | +0.083% | $2.5M | $2.6M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06539 | −0.046% | $1.6M | $675K | 25x | as long as short |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06542 | 0.000% | $237K | $81K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06546 | +0.061% | $569K | $184K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06554 | +0.183% | $613K | $227K | 20x | as long as short |
| BingX HOLO-USDTlong | +0.0100% | 4h | 0.06542 | long leg | — | $6.6M | — | |
| Variational Omni HOLO | +0.0100% | 4h | 0.06535 | −0.110% | $4K | $99 | — | as long as short |
BingX HOLO-USDT
BloFin HOLO-USDT
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
Bitget HOLOUSDT
Variational Omni HOLO