Funding you earn now, next payment 08:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.93 per $10,000 · paid last 24h −0.034%
Price spread now: KuCoin against BingX+0.061%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$750as in the Funding arb table
Net, price: spread back to 7d avg − costs−$740as in the Price arb table
costs, in and out, $10k−$7457.451% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.061%, 7d avg +0.008%
=The price spread pays, funding is against you. KuCoin is 0.053% dearer against BingX than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.008%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.046% 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 -0.046% in total (about -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 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 | BingX HUMA-USDT | 0.02466 | 0.0286 | pay 0.0143% / 4h | 3h 32m | — | $6.5M | — |
| Short | KuCoin HUMAUSDTM | 0.02467 | 0.0100 | get 0.0050% / 4h | 3h 32m | $209K | $64K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$39.06
- Price spread: +0.061% → +0.008%
- $5.31
- Slippage, 4 orders
- −$723.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$778.89
- Costs to cover
- 7.451%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 38 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 BingX live order book, 3 min ago | 5.27 bp | 34.8 bp −$35 | 140.9 bp −$1,409 | 1005.3 bp −$100.5K | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 23.58 bp | 262.3 bp −$262 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance HUMAUSDT | +0.0100% | 4h | 0.02466 | −0.007% | $13.3M | $4.5M | 25x | as long as short |
| Bybit HUMAUSDT | +0.0100% | 4h | 0.02466 | +0.008% | $1.5M | $1.1M | 25x | as long as short |
| OKX HUMA-USDT-SWAP | +0.0100% | 4h | 0.02463 | −0.114% | $1.2M | $1.2M | 20x | as long as short |
| Gate HUMA_USDT | +0.0100% | 4h | 0.02468 | +0.089% | $540K | $219K | 25x | as long as short |
| MEXC HUMA_USDT | +0.0100% | 4h | 0.02466 | +0.008% | $523K | $119K | 50x | as long as short |
| KuCoin HUMAUSDTMshort | +0.0100% | 4h | 0.02467 | +0.061% | $209K | $64K | 30x | |
| Variational Omni HUMA | +0.0100% | 4h | 0.02465 | −0.030% | $19K | $13K | — | as long as short |
| BloFin HUMA-USDT | +0.0139% | 4h | 0.02466 | +0.024% | $615K | $16K | 25x | as long as short |
| Aster HUMAUSDT | +0.0209% | 4h | 0.02471 | +0.227% | $6.5M | $12K | 5x | as long as short |
| Bitget HUMAUSDT | +0.0274% | 4h | 0.02470 | +0.170% | $1.4M | $462K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX HUMA-USDTlong | +0.0286% | 4h | 0.02466 | long leg | — | $6.5M | — |
BingX HUMA-USDT
KuCoin HUMAUSDTM
Binance HUMAUSDT
Bybit HUMAUSDT
OKX HUMA-USDT-SWAP
Gate HUMA_USDT
MEXC HUMA_USDT
Variational Omni HUMA
BloFin HUMA-USDT
Aster HUMAUSDT
Bitget HUMAUSDT