Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin−0.589%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$990.985% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)+0.402%+$40 · spread now −0.589%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.573% cheaper against BloFin than usual: you would sell low and buy high (−$57 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HUMA-USDT | 0.02475 | 0.0128 | pay 0.0064% / 4h | 2h 54m | $617K | $17K | 25x |
| Short | Binance HUMAUSDT | 0.02460 | 0.0100 | get 0.0050% / 4h | 2h 54m | $13.2M | $4.7M | 25x |
BloFin HUMA-USDT
Binance HUMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.82
- Price spread: −0.589% → −0.015%
- −$57.31
- Slippage, 4 orders
- −$76.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$161.64
- Costs to cover
- 0.985%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; Binance: live order book, 16 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 BloFin live order book, 12 min ago | 0.40 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 1.62 bp | 26.3 bp −$26 | 138.7 bp −$1,387 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HUMAUSDT | +0.0100% | 4h | 0.02463 | −0.484% | $6.5M | $12K | 5x | as long as short |
| Binance HUMAUSDTshort | +0.0100% | 4h | 0.02460 | −0.589% | $13.2M | $4.7M | 25x | |
| Bybit HUMAUSDT | +0.0100% | 4h | 0.02460 | −0.618% | $1.5M | $1.2M | 25x | as long as short |
| OKX HUMA-USDT-SWAP | +0.0100% | 4h | 0.02457 | −0.727% | $1.2M | $1.2M | 20x | as long as short |
| Gate HUMA_USDT | +0.0100% | 4h | 0.02460 | −0.606% | $541K | $262K | 25x | as long as short |
| MEXC HUMA_USDT | +0.0100% | 4h | 0.02460 | −0.606% | $533K | $120K | 50x | as long as short |
| KuCoin HUMAUSDTM | +0.0100% | 4h | 0.02461 | −0.578% | $211K | $65K | 30x | as long as short |
| Variational Omni HUMA | +0.0100% | 4h | 0.02463 | −0.480% | $20K | $40K | — | as long as short |
| BloFin HUMA-USDTlong | +0.0128% | 4h | 0.02475 | long leg | $617K | $17K | 25x | |
| Bitget HUMAUSDT | +0.0254% | 4h | 0.02464 | −0.444% | $1.3M | $446K | 20x | as long as short |
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-USDT | +0.0266% | 4h | 0.02460 | −0.622% | — | $6.5M | — | as long as short |
BingX HUMA-USDT