Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Gate−0.123%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$408as in the Funding arb table
Net, price: spread back to 7d avg − costs−$369as in the Price arb table
costs, in and out, $10k−$3643.638% of the position
Funding, last 7 days−0.442%−$44 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.123%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.055% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOLO_USDT | 0.06491 | 0.0134 | pay 0.0067% / 4h | 1h 27m | $238K | $76K | 50x |
| Short | KuCoin HOLOUSDTM | 0.06483 | 0.0114 | get 0.0057% / 4h | 1h 27m | $165K | $136K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$4.2
- Price spread: −0.123% → −0.068%
- −$5.55
- Slippage, 4 orders
- −$336.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$373.56
- Costs to cover
- 3.638%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 min ago; KuCoin: 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 Gate live order book, 9 min ago | 12.33 bp | 39.4 bp −$39 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 13 min ago | 12.31 bp | 160.0 bp −$160 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HOLO-USDT | +0.0073% | 4h | 0.06494 | +0.046% | $159K | $27K | 50x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06494 | +0.053% | $15K | $4K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06501 | +0.152% | $2.5M | $2.6M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06491 | 0.000% | $1.6M | $651K | 25x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06500 | +0.139% | $569K | $182K | 50x | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06474 | −0.256% | $4K | $99 | — | as long as short |
| KuCoin HOLOUSDTMshort | +0.0114% | 4h | 0.06483 | −0.123% | $165K | $136K | 30x | |
| Bitget HOLOUSDT | +0.0118% | 4h | 0.06509 | +0.277% | $609K | $169K | 20x | as long as short |
| BingX HOLO-USDT | +0.0120% | 4h | 0.06492 | +0.015% | — | $6.6M | — | as long as short |
| Gate HOLO_USDTlong | +0.0134% | 4h | 0.06491 | long leg | $238K | $76K | 50x |
Gate HOLO_USDT
KuCoin HOLOUSDTM
BloFin HOLO-USDT
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
MEXC HOLO_USDT
Variational Omni HOLO
Bitget HOLOUSDT
BingX HOLO-USDT