Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against BloFin−0.062%112s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as 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−$1511.511% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)+0.112%+$11 · spread now −0.062%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.062% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 112 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 | BloFin HOLO-USDT | 0.06480 | 0.0144 | pay 0.0072% / 4h | 1h 59m | $164K | $17K | 50x |
| Short | Bybit HOLOUSDT | 0.06476 | 0.0100 | get 0.0050% / 4h | 1h 59m | $1.5M | $604K | 25x |
BloFin HOLO-USDT
Bybit HOLOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$9.2
- Price spread: −0.062% → 0.000%
- −$6.18
- Slippage, 4 orders
- −$128.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$166.52
- Costs to cover
- 1.511%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; Bybit: live order book, 2 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 BloFin live order book, 15 min ago | 3.85 bp | 17.0 bp −$17 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.41 bp | 52.1 bp −$52 | 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 | 0.06478 | −0.033% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06478 | −0.031% | $2.5M | $2.2M | 50x | as long as short |
| Bybit HOLOUSDTshort | +0.0100% | 4h | 0.06476 | −0.062% | $1.5M | $604K | 25x | |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06483 | +0.046% | $244K | $47K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06476 | −0.062% | $552K | $178K | 50x | as long as short |
| KuCoin HOLOUSDTM | +0.0100% | 4h | 0.06471 | −0.139% | $216K | $115K | 30x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06483 | +0.046% | $574K | $189K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06477 | −0.046% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06466 | −0.212% | $4K | $491 | — | as long as short |
| BloFin HOLO-USDTlong | +0.0144% | 4h | 0.06480 | long leg | $164K | $17K | 50x |
Aster HOLOUSDT
Binance HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
KuCoin HOLOUSDTM
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO