Funding arb · Price arb /

HOLO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%

Price spread now: KuCoin against BingX+0.077%7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$370as in the Funding arb table

Net, price: spread back to 7d avg − costs−$306as in the Price arb table

costs, in and out, $10k−$3173.173% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.525%−$52 on $10k

Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.077%, 7d avg −0.040%

Together, before fees−0.698%−$70 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: KuCoin is 0.117% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX HOLO-USDT	0.06518	0.0100	pay 0.0050% / 4h	1h 54m	—	$6.6M	—
Short	KuCoin HOLOUSDTM	0.06523	0.0100	get 0.0050% / 4h	1h 54m	$166K	$136K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → −0.040%: $11.72
Slippage, 4 orders: −$295.27
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$305.55
Costs to cover: 3.173%
Break-even: never at this rate

Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 61 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, 12 min ago	6.14 bp	24.1 bp −$24	81.1 bp −$811	669.5 bp −$67.0K	1176.4 bp −$588.2K
Sell KuCoin live order book, 61 min ago	13.88 bp	134.5 bp −$134	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
Aster HOLOUSDT	+0.0100%	4h	0.06511	−0.115%	$15K	$4K	5x	as long as short
Binance HOLOUSDT	+0.0100%	4h	0.06511	−0.103%	$2.5M	$2.6M	50x	as long as short
Bybit HOLOUSDT	+0.0100%	4h	0.06510	−0.123%	$1.6M	$664K	25x	as long as short
MEXC HOLO_USDT	+0.0100%	4h	0.06512	−0.092%	$573K	$179K	50x	as long as short
KuCoin HOLOUSDTMshort	+0.0100%	4h	0.06523	+0.077%	$166K	$136K	30x
BingX HOLO-USDTlong	+0.0100%	4h	0.06518	long leg	—	$6.6M	—
Variational Omni HOLO	+0.0100%	4h	0.06517	−0.010%	$4K	$99	—	as long as short
BloFin HOLO-USDT	+0.0107%	4h	0.06522	+0.061%	$159K	$27K	50x	as long as short
Bitget HOLOUSDT	+0.0108%	4h	0.06524	+0.092%	$610K	$166K	20x	as long as short
Gate HOLO_USDT	+0.0218%	4h	0.06506	−0.184%	$238K	$76K	50x	as long as short