Funding you earn now, next payment 04:00 UTC−0.0314%/8h= −34.4% APRnext payment −$1.57 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.076%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1471.465% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.076%, 7d avg −0.011%
=The price spread pays, funding is against you. Bitget is 0.087% dearer against Gate than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of −0.011%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOLO_USDT | 0.06563 | 0.0414 | pay 0.0207% / 4h | 3h 57m | $244K | $51K | 50x |
| Short | Bitget HOLOUSDT | 0.06568 | 0.0100 | get 0.0050% / 4h | 3h 57m | $581K | $195K | 20x |
Gate HOLO_USDT
Bitget HOLOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$65.94
- Price spread: +0.076% → −0.011%
- $8.73
- Slippage, 4 orders
- −$119.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$203.72
- Costs to cover
- 1.465%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 min ago; Bitget: live order book, 12 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 Gate live order book, 9 min ago | 13.75 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 12 min ago | 9.94 bp | 28.0 bp −$28 | 97.3 bp −$973 | 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 | −0.0314% | 4h | 0.06556 | −0.107% | $214K | $116K | 30x | as long as short |
| BloFin HOLO-USDT | +0.0050% | 4h | 0.06569 | +0.091% | $163K | $19K | 50x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06573 | +0.155% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06567 | +0.061% | $2.5M | $2.3M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06565 | +0.030% | $1.5M | $648K | 25x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06569 | +0.091% | $576K | $181K | 50x | as long as short |
| Bitget HOLOUSDTshort | +0.0100% | 4h | 0.06568 | +0.076% | $581K | $195K | 20x | |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06564 | +0.015% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06551 | −0.181% | $4K | $491 | — | as long as short |
| Gate HOLO_USDTlong | +0.0414% | 4h | 0.06563 | long leg | $244K | $51K | 50x |
KuCoin HOLOUSDTM
BloFin HOLO-USDT
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
MEXC HOLO_USDT
BingX HOLO-USDT
Variational Omni HOLO