Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance−0.748%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1171.172% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)+1.128%+$113 · spread now −0.748%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.765% cheaper against Binance than usual: you would sell low and buy high (−$76 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HUMAUSDT | 0.02460 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $13.3M | $4.5M | 25x |
| Short | BloFin HUMA-USDT | 0.02442 | 0.0040 | get 0.0020% / 4h | 1h 54m | $621K | $16K | 25x |
Binance HUMAUSDT
BloFin HUMA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$12.59
- Price spread: −0.748% → +0.017%
- −$76.49
- Slippage, 4 orders
- −$95.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$206.24
- Costs to cover
- 1.172%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 27 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, 16 min ago | 0.20 bp | 41.8 bp −$42 | 315.0 bp −$3,150 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 0.81 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | 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-USDTshort | +0.0040% | 4h | 0.02442 | −0.748% | $621K | $16K | 25x | |
| Binance HUMAUSDTlong | +0.0100% | 4h | 0.02460 | long leg | $13.3M | $4.5M | 25x | |
| Bybit HUMAUSDT | +0.0100% | 4h | 0.02460 | −0.028% | $1.5M | $1.3M | 25x | as long as short |
| OKX HUMA-USDT-SWAP | +0.0100% | 4h | 0.02456 | −0.175% | $1.2M | $1.2M | 20x | as long as short |
| Gate HUMA_USDT | +0.0100% | 4h | 0.02458 | −0.093% | $551K | $284K | 25x | as long as short |
| MEXC HUMA_USDT | +0.0100% | 4h | 0.02459 | −0.053% | $541K | $125K | 50x | as long as short |
| KuCoin HUMAUSDTM | +0.0100% | 4h | 0.02456 | −0.163% | $213K | $67K | 30x | as long as short |
| Variational Omni HUMA | +0.0100% | 4h | 0.02458 | −0.082% | $23K | $38K | — | as long as short |
| Aster HUMAUSDT | +0.0106% | 4h | 0.02464 | +0.130% | $6.5M | $12K | 5x | as long as short |
| Bitget HUMAUSDT | +0.0298% | 4h | 0.02462 | +0.069% | $1.4M | $434K | 20x | as long as short |
Bybit HUMAUSDT
OKX HUMA-USDT-SWAP
Gate HUMA_USDT
MEXC HUMA_USDT
KuCoin HUMAUSDTM
Variational Omni HUMA
Aster HUMAUSDT
Bitget HUMAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX HUMA-USDT | +0.0310% | 4h | 0.02460 | −0.024% | — | $6.5M | — | as long as short |
BingX HUMA-USDT