Funding you earn now, next payment 00:00 UTC+0.0210%/8h= +23.0% APRnext payment +$1.05 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against Binance−0.097%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1411.411% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.097%, 7d avg −0.059%
=Funding pays, the price is against you. BingX is 0.037% cheaper against Binance than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.059%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.033% in total) that is about 8.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HUMAUSDT | 0.02461 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $13.3M | $4.5M | 25x |
| Short | BingX HUMA-USDT | 0.02459 | 0.0310 | get 0.0155% / 4h | 1h 56m | — | $6.5M | — |
Binance HUMAUSDT
BingX HUMA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $44.1
- Price spread: −0.097% → −0.059%
- −$3.74
- Slippage, 4 orders
- −$121.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$100.77
- Costs to cover
- 1.411%
- Break-even
- 23.0 days
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 10 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 Binance live order book, 14 min ago | 0.20 bp | 41.8 bp −$42 | 315.0 bp −$3,150 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.32 bp | 29.7 bp −$30 | 99.7 bp −$997 | 919.8 bp −$92.0K | doesn't fit |
HUMA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HUMA-USDT | +0.0093% | 4h | 0.02442 | −0.783% | $622K | $16K | 25x | as long as short |
| Aster HUMAUSDT | +0.0100% | 4h | 0.02463 | +0.081% | $6.5M | $12K | 5x | as long as short |
| Binance HUMAUSDTlong | +0.0100% | 4h | 0.02461 | long leg | $13.3M | $4.5M | 25x | |
| Bybit HUMAUSDT | +0.0100% | 4h | 0.02458 | −0.129% | $1.5M | $1.3M | 25x | as long as short |
| OKX HUMA-USDT-SWAP | +0.0100% | 4h | 0.02456 | −0.210% | $1.2M | $1.2M | 20x | as long as short |
| Gate HUMA_USDT | +0.0100% | 4h | 0.02454 | −0.292% | $550K | $284K | 25x | as long as short |
| MEXC HUMA_USDT | +0.0100% | 4h | 0.02459 | −0.088% | $541K | $125K | 50x | as long as short |
| KuCoin HUMAUSDTM | +0.0100% | 4h | 0.02455 | −0.259% | $213K | $67K | 30x | as long as short |
| Variational Omni HUMA | +0.0100% | 4h | 0.02445 | −0.661% | $23K | $38K | — | as long as short |
| Bitget HUMAUSDT | +0.0298% | 4h | 0.02462 | +0.033% | $1.4M | $434K | 20x | as long as short |
BloFin HUMA-USDT
Aster HUMAUSDT
Bybit HUMAUSDT
OKX HUMA-USDT-SWAP
Gate HUMA_USDT
MEXC HUMA_USDT
KuCoin HUMAUSDTM
Variational Omni HUMA
Bitget HUMAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX HUMA-USDTshort | +0.0310% | 4h | 0.02459 | −0.097% | — | $6.5M | — |