Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against BloFin+0.046%62s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as 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−$1321.324% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)+0.054%+$5 · spread now +0.046%, 7d avg −0.001%
=The price spread pays, funding is against you. Bybit is 0.047% dearer against BloFin than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.001%): +$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 3.0 days. At the pace of the last 7 days (−0.033% in total) that is about 10 days. The two prices were read 62 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 | BloFin HOLO-USDT | 0.06496 | 0.0152 | pay 0.0076% / 4h | 1h 16m | $164K | $18K | 50x |
| Short | Bybit HOLOUSDT | 0.06499 | 0.0100 | get 0.0050% / 4h | 1h 16m | $1.5M | $608K | 25x |
BloFin HOLO-USDT
Bybit HOLOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$10.9
- Price spread: +0.046% → −0.001%
- $4.69
- Slippage, 4 orders
- −$109.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$138.61
- Costs to cover
- 1.324%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 58 min ago; Bybit: live order book, 5 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 BloFin live order book, 58 min ago | 3.85 bp | 17.0 bp −$17 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.85 bp | 48.9 bp −$49 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HOLOUSDTM | −0.0020% | 4h | 0.06498 | +0.031% | $215K | $115K | 30x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06501 | +0.078% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06500 | +0.063% | $2.5M | $2.2M | 50x | as long as short |
| Bybit HOLOUSDTshort | +0.0100% | 4h | 0.06499 | +0.046% | $1.5M | $608K | 25x | |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06505 | +0.139% | $245K | $48K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06500 | +0.062% | $562K | $184K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06506 | +0.154% | $576K | $189K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06499 | +0.046% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06500 | +0.064% | $4K | $491 | — | as long as short |
| BloFin HOLO-USDTlong | +0.0152% | 4h | 0.06496 | long leg | $164K | $18K | 50x |
KuCoin HOLOUSDTM
Aster HOLOUSDT
Binance HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO