Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Gate+0.061%78s7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as 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−$1361.357% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.181%−$18 · spread now +0.061%, 7d avg −0.049%
=The price spread pays, funding is against you. BloFin is 0.111% dearer against Gate than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.049%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.0 days. At the pace of the last 7 days (−0.003% in total) that is about 9 months. The two prices were read 78 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 | Gate HOLO_USDT | 0.06549 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $243K | $63K | 50x |
| Short | BloFin HOLO-USDT | 0.06553 | 0.0054 | get 0.0027% / 4h | 3h 29m | $164K | $19K | 50x |
Gate HOLO_USDT
BloFin HOLO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.66
- Price spread: +0.061% → −0.049%
- $11.05
- Slippage, 4 orders
- −$108.73
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$134.34
- Costs to cover
- 1.357%
- Break-even
- never at this rate
Slippage from Gate: live order book, 37 min ago; BloFin: live order book, 27 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, 37 min ago | 13.75 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 3.04 bp | 27.7 bp −$28 | 64.1 bp −$641 | 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 | −0.0440% | 4h | 0.06546 | −0.046% | $205K | $118K | 30x | as long as short |
| BloFin HOLO-USDTshort | +0.0054% | 4h | 0.06553 | +0.061% | $164K | $19K | 50x | |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06550 | +0.011% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06552 | +0.051% | $2.5M | $2.2M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06546 | −0.046% | $1.5M | $647K | 25x | as long as short |
| Gate HOLO_USDTlong | +0.0100% | 4h | 0.06549 | long leg | $243K | $63K | 50x | |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06552 | +0.046% | $574K | $183K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06560 | +0.168% | $581K | $201K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06548 | −0.015% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06544 | −0.077% | $4K | $491 | — | as long as short |
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
MEXC HOLO_USDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO