Funding arb · Price arb /

HOLO

all HOLO markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Binance against MEXC−0.027%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$860.858% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.027%, 7d avg +0.004%

Together, before fees+0.066%+$7 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: Binance is 0.030% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC HOLO_USDT	0.06480	0.0100	pay 0.0050% / 4h	1h 59m	$552K	$178K	50x
Short	Binance HOLOUSDT	0.06478	0.0100	get 0.0050% / 4h	1h 59m	$2.5M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → +0.004%: −$3.04
Slippage, 4 orders: −$71.78
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$88.82
Costs to cover: 0.858%
Break-even: never at this rate

Slippage from MEXC: live order book, 16 min ago; Binance: live order book, 6 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 MEXC live order book, 16 min ago	3.85 bp	13.5 bp −$14	65.2 bp −$652	311.0 bp −$31.1K	611.8 bp −$305.9K
Sell Binance live order book, 6 min ago	3.09 bp	26.9 bp −$27	89.1 bp −$891	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	0.06478	−0.031%	$15K	$5K	5x	as long as short
Binance HOLOUSDTshort	+0.0100%	4h	0.06478	−0.027%	$2.5M	$2.2M	50x
Bybit HOLOUSDT	+0.0100%	4h	0.06476	−0.062%	$1.5M	$604K	25x	as long as short
Gate HOLO_USDT	+0.0100%	4h	0.06483	+0.046%	$244K	$47K	50x	as long as short
MEXC HOLO_USDTlong	+0.0100%	4h	0.06480	long leg	$552K	$178K	50x
KuCoin HOLOUSDTM	+0.0100%	4h	0.06471	−0.139%	$216K	$115K	30x	as long as short
Bitget HOLOUSDT	+0.0100%	4h	0.06485	+0.077%	$575K	$189K	20x	as long as short
BingX HOLO-USDT	+0.0100%	4h	0.06477	−0.046%	—	$6.6M	—	as long as short
Variational Omni HOLO	+0.0100%	4h	0.06466	−0.212%	$4K	$491	—	as long as short
BloFin HOLO-USDT	+0.0146%	4h	0.06473	−0.108%	$164K	$17K	50x	as long as short