Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC+0.061%79s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as 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−$840.836% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.061%, 7d avg +0.014%
=The price spread pays, funding is against you. BloFin is 0.047% dearer against MEXC than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.014%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.019% in total) that is about 17 days. The two prices were read 79 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 | MEXC HOLO_USDT | 0.06576 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $574K | $183K | 50x |
| Short | BloFin HOLO-USDT | 0.06580 | 0.0044 | get 0.0022% / 4h | 1h 27m | $163K | $25K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$11.7
- Price spread: +0.061% → +0.014%
- $4.67
- Slippage, 4 orders
- −$67.59
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.62
- Costs to cover
- 0.836%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 27 min ago; BloFin: live order book, 9 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 MEXC live order book, 27 min ago | 3.05 bp | 20.2 bp −$20 | 91.6 bp −$916 | 314.9 bp −$31.5K | doesn't fit |
| Sell BloFin live order book, 9 min ago | 5.35 bp | 25.7 bp −$26 | 65.5 bp −$655 | 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 | −0.0366% | 4h | 0.06565 | −0.167% | $169K | $136K | 30x | as long as short |
| BloFin HOLO-USDTshort | +0.0044% | 4h | 0.06580 | +0.061% | $163K | $25K | 50x | |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06575 | −0.011% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06577 | +0.010% | $2.5M | $2.5M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06568 | −0.122% | $1.6M | $670K | 25x | as long as short |
| MEXC HOLO_USDTlong | +0.0100% | 4h | 0.06576 | long leg | $574K | $183K | 50x | |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06581 | +0.076% | $616K | $229K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06572 | −0.061% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06572 | −0.066% | $4K | $294 | — | as long as short |
| Gate HOLO_USDT | +0.0156% | 4h | 0.06568 | −0.122% | $239K | $79K | 50x | as long as short |
MEXC HOLO_USDT
BloFin HOLO-USDT
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO
Gate HOLO_USDT