Funding you earn now, next payment 12:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against Bitget−0.123%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3773.771% of the position
Funding, last 7 days−0.478%−$48 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.123%, 7d avg −0.067%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.056% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOLOUSDT | 0.06502 | 0.0270 | pay 0.0135% / 4h | 3h 42m | $615K | $172K | 20x |
| Short | KuCoin HOLOUSDTM | 0.06494 | 0.0256 | get 0.0128% / 4h | 3h 42m | $165K | $132K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$2.94
- Price spread: −0.123% → −0.067%
- −$5.6
- Slippage, 4 orders
- −$353.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$385.62
- Costs to cover
- 3.771%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 53 min ago; KuCoin: live order book, 48 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 Bitget live order book, 53 min ago | 9.96 bp | 29.0 bp −$29 | 97.8 bp −$978 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 11.55 bp | 174.7 bp −$175 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOLOUSDT | +0.0100% | 4h | 0.06493 | −0.140% | $15K | $3K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06494 | −0.119% | $2.5M | $2.6M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06487 | −0.231% | $1.6M | $596K | 25x | as long as short |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06487 | −0.231% | $237K | $74K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06492 | −0.154% | $567K | $172K | 50x | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06483 | −0.293% | $4K | $565 | — | as long as short |
| BloFin HOLO-USDT | +0.0154% | 4h | 0.06495 | −0.108% | $158K | $29K | 50x | as long as short |
| KuCoin HOLOUSDTMshort | +0.0256% | 4h | 0.06494 | −0.123% | $165K | $132K | 30x | |
| BingX HOLO-USDT | +0.0258% | 4h | 0.06494 | −0.123% | — | $6.6M | — | as long as short |
| Bitget HOLOUSDTlong | +0.0270% | 4h | 0.06502 | long leg | $615K | $172K | 20x |
Bitget HOLOUSDT
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
Variational Omni HOLO
BloFin HOLO-USDT
BingX HOLO-USDT