Funding you earn now, next payment 12:00 UTC−0.0282%/8h= −30.9% APRnext payment −$1.41 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against BingX−0.125%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1891.888% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days+0.162%+$16 · spread now −0.125%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.135% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.41 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HOLO-USDT | 0.06422 | 0.0382 | pay 0.0191% / 4h | 51m 30s | — | $6.6M | — |
| Short | Bybit HOLOUSDT | 0.06414 | 0.0100 | get 0.0050% / 4h | 51m 30s | $1.6M | $516K | 25x |
BingX HOLO-USDT
Bybit HOLOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$59.22
- Price spread: −0.125% → +0.010%
- −$13.5
- Slippage, 4 orders
- −$167.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$261.52
- Costs to cover
- 1.888%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 3 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, 8 min ago | 6.20 bp | 25.0 bp −$25 | 80.3 bp −$803 | 930.0 bp −$93.0K | 1346.1 bp −$673.1K |
| Sell Bybit live order book, 3 min ago | 7.00 bp | 65.0 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
HOLO on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOLOUSDT | +0.0100% | 4h | 0.06425 | +0.045% | $15K | $4K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06420 | −0.031% | $2.4M | $2.4M | 50x | as long as short |
| Bybit HOLOUSDTshort | +0.0100% | 4h | 0.06414 | −0.125% | $1.6M | $516K | 25x | |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06434 | +0.187% | $234K | $71K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06420 | −0.031% | $552K | $154K | 50x | as long as short |
| KuCoin HOLOUSDTM | +0.0100% | 4h | 0.06430 | +0.125% | $163K | $133K | 30x | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06426 | +0.059% | $4K | $565 | — | as long as short |
| BloFin HOLO-USDT | +0.0146% | 4h | 0.06438 | +0.249% | $157K | $29K | 50x | as long as short |
| BingX HOLO-USDTlong | +0.0382% | 4h | 0.06422 | long leg | — | $6.6M | — | |
| Bitget HOLOUSDT | +0.0390% | 4h | 0.06427 | +0.078% | $609K | $163K | 20x | as long as short |
Aster HOLOUSDT
Binance HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
KuCoin HOLOUSDTM
Variational Omni HOLO
BloFin HOLO-USDT
Bitget HOLOUSDT