Funding arb · Price arb /

HOLO

all HOLO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against BingX−0.076%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1451.447% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.076%, 7d avg +0.031%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.107% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX HOLO-USDT	0.06565	0.0100	pay 0.0050% / 4h	3h 58m	—	$6.6M	—
Short	Gate HOLO_USDT	0.06560	0.0100	get 0.0050% / 4h	3h 58m	$244K	$51K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee GatebpOrdersPrice spread, now −0.076%Rate

Funding earned: $0
Price spread: −0.076% → +0.031%: −$10.74
Slippage, 4 orders: −$119.67
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$155.41
Costs to cover: 1.447%
Break-even: never at this rate

Slippage from BingX: live order book, 13 min ago; Gate: live order book, 8 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, 13 min ago	6.13 bp	26.5 bp −$26	85.4 bp −$854	671.6 bp −$67.2K	1162.0 bp −$581.0K
Sell Gate live order book, 8 min ago	13.75 bp	48.7 bp −$49	121.3 bp −$1,213	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	−0.0318%	4h	0.06554	−0.168%	$214K	$116K	30x	as long as short
BloFin HOLO-USDT	+0.0050%	4h	0.06569	+0.061%	$163K	$19K	50x	as long as short
Aster HOLOUSDT	+0.0100%	4h	0.06568	+0.048%	$15K	$5K	5x	as long as short
Binance HOLOUSDT	+0.0100%	4h	0.06564	−0.020%	$2.5M	$2.3M	50x	as long as short
Bybit HOLOUSDT	+0.0100%	4h	0.06559	−0.091%	$1.5M	$648K	25x	as long as short
Gate HOLO_USDTshort	+0.0100%	4h	0.06560	−0.076%	$244K	$51K	50x
MEXC HOLO_USDT	+0.0100%	4h	0.06562	−0.046%	$575K	$181K	50x	as long as short
Bitget HOLOUSDT	+0.0100%	4h	0.06561	−0.061%	$581K	$195K	20x	as long as short
BingX HOLO-USDTlong	+0.0100%	4h	0.06565	long leg	—	$6.6M	—
Variational Omni HOLO	+0.0100%	4h	0.06551	−0.211%	$4K	$491	—	as long as short