Funding you earn now, next payment 04:00 UTC−0.0590%/8h= −64.6% APRnext payment −$2.95 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against Bybit+0.031%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$471as in the Funding arb table
Net, price: spread back to 7d avg − costs−$421as in the Price arb table
costs, in and out, $10k−$4274.266% of the position
Funding, last 7 days−0.441%−$44 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.031%, 7d avg −0.025%
=The price spread pays, funding is against you. KuCoin is 0.056% dearer against Bybit than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.025%): +$6 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.441% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOLOUSDT | 0.06546 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $1.5M | $655K | 25x |
| Short | KuCoin HOLOUSDTM | 0.06548 | −0.0490 | pay 0.0245% / 4h | 3h 01m | $205K | $119K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$123.9
- Price spread: +0.031% → −0.025%
- $5.57
- Slippage, 4 orders
- −$403.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$544.96
- Costs to cover
- 4.266%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 48 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 Bybit live order book, 4 min ago | 5.33 bp | 64.8 bp −$65 | 1658.1 bp −$16.6K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 12.98 bp | 226.6 bp −$227 | 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 HOLOUSDTMshort | −0.0490% | 4h | 0.06548 | +0.031% | $205K | $119K | 30x | |
| BloFin HOLO-USDT | +0.0043% | 4h | 0.06562 | +0.244% | $163K | $25K | 50x | as long as short |
| Aster HOLOUSDT | +0.0100% | 4h | 0.06555 | +0.140% | $15K | $5K | 5x | as long as short |
| Binance HOLOUSDT | +0.0100% | 4h | 0.06552 | +0.092% | $2.5M | $2.3M | 50x | as long as short |
| Bybit HOLOUSDTlong | +0.0100% | 4h | 0.06546 | long leg | $1.5M | $655K | 25x | |
| Gate HOLO_USDT | +0.0100% | 4h | 0.06568 | +0.336% | $242K | $67K | 50x | as long as short |
| MEXC HOLO_USDT | +0.0100% | 4h | 0.06550 | +0.061% | $575K | $185K | 50x | as long as short |
| Bitget HOLOUSDT | +0.0100% | 4h | 0.06557 | +0.168% | $580K | $208K | 20x | as long as short |
| BingX HOLO-USDT | +0.0100% | 4h | 0.06559 | +0.199% | — | $6.6M | — | as long as short |
| Variational Omni HOLO | +0.0100% | 4h | 0.06563 | +0.264% | $4K | $491 | — | as long as short |
Bybit HOLOUSDT
KuCoin HOLOUSDTM
BloFin HOLO-USDT
Aster HOLOUSDT
Binance HOLOUSDT
Gate HOLO_USDT
MEXC HOLO_USDT
Bitget HOLOUSDT
BingX HOLO-USDT
Variational Omni HOLO