Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against BingX+0.124%111s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as 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−$970.967% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.124%, 7d avg −0.019%
=The price spread pays, funding is against you. BloFin is 0.143% dearer against BingX than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of −0.019%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.4 days. The two prices were read 111 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 | BingX HOLO-USDT | 0.06477 | 0.0100 | pay 0.0050% / 4h | 2h 05m | — | $6.6M | — |
| Short | BloFin HOLO-USDT | 0.06485 | 0.0043 | get 0.0022% / 4h | 2h 05m | $164K | $17K | 50x |
BingX HOLO-USDT
BloFin HOLO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$11.9
- Price spread: +0.124% → −0.019%
- $14.27
- Slippage, 4 orders
- −$74.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$94.3
- Costs to cover
- 0.967%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 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 BingX live order book, 2 min ago | 6.95 bp | 25.6 bp −$26 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 3.85 bp | 24.6 bp −$25 | 60.0 bp −$600 | 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-USDTshort | +0.0043% | 4h | 0.06485 | +0.124% | $164K | $17K | 50x | |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06481 | +0.058% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06474 | −0.053% | $2.5M | $2.2M | 50x | as long as short |
| Bybit HOLOUSDT | +0.0100% | 4h | 0.06474 | −0.046% | $1.5M | $604K | 25x | as long as short |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06494 | +0.262% | $245K | $48K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06475 | −0.031% | $552K | $188K | 50x | as long as short |
| KuCoin HOLOUSDTM | +0.0100% | 4h | 0.06472 | −0.077% | $216K | $115K | 30x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06482 | +0.077% | $572K | $187K | 20x | as long as short |
| BingX HOLO-USDTlong | +0.0100% | 4h | 0.06477 | long leg | — | $6.6M | — | |
| Variational Omni HOLO | +0.0100% | 4h | 0.06471 | −0.089% | $4K | $491 | — | as long as short |
Aster HOLOUSDT
Binance HOLOUSDT
Bybit HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
KuCoin HOLOUSDTM
Bitget HOLOUSDT
Variational Omni HOLO