HOLO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate0.000%7-day average −0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$213as in the Funding arb table

Net, price: spread back to 7d avg − costs−$208as in the Price arb table

costs, in and out, $10k−$2132.128% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 4 days (all we have)+0.168%+$17 · spread now 0.000%, 7d avg −0.049%

Together, before fees+0.163%+$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.049% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.049%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.2 days. At the pace of the last 7 days (−0.005% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HOLO_USDT	0.06545	0.0120	pay 0.0060% / 4h	1h 34m	$238K	$79K	50x
Short	Bybit HOLOUSDT	0.06545	0.0100	get 0.0050% / 4h	1h 34m	$1.6M	$672K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 GatebpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$4.2
Price spread: 0.000% → −0.049%: $4.92
Slippage, 4 orders: −$186.84
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$212.12
Costs to cover: 2.128%
Break-even: never at this rate

Slippage from Gate: live order book, 22 min ago; Bybit: live order book, 2 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 Gate live order book, 22 min ago	10.64 bp	41.0 bp −$41	203.9 bp −$2,039	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	6.89 bp	56.2 bp −$56	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	−0.0430%	4h	0.06538	−0.107%	$169K	$136K	30x	as long as short
Aster HOLOUSDT	+0.0100%	4h	0.06548	+0.051%	$15K	$5K	5x	as long as short
Binance HOLOUSDT	+0.0100%	4h	0.06560	+0.229%	$2.5M	$2.5M	50x	as long as short
Bybit HOLOUSDTshort	+0.0100%	4h	0.06545	0.000%	$1.6M	$672K	25x
MEXC HOLO_USDT	+0.0100%	4h	0.06551	+0.092%	$573K	$183K	50x	as long as short
Bitget HOLOUSDT	+0.0100%	4h	0.06556	+0.168%	$614K	$228K	20x	as long as short
BingX HOLO-USDT	+0.0100%	4h	0.06550	+0.076%	—	$6.6M	—	as long as short
Variational Omni HOLO	+0.0100%	4h	0.06528	−0.256%	$4K	$294	—	as long as short
BloFin HOLO-USDT	+0.0108%	4h	0.06541	−0.061%	$163K	$25K	50x	as long as short
Gate HOLO_USDTlong	+0.0120%	4h	0.06545	long leg	$238K	$79K	50x