Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −6.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin−0.313%109s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.313%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.294% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HUMA-USDT | 0.02464 | 0.0154 | pay 0.0077% / 4h | 27m 30s | $614K | $16K | 25x |
| Short | MEXC HUMA_USDT | 0.02456 | 0.0100 | get 0.0050% / 4h | 27m 30s | $518K | $120K | 50x |
BloFin HUMA-USDT
MEXC HUMA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$11.43
- Price spread: −0.313% → −0.018%
- −$29.42
- Slippage, 4 orders
- −$41.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$98.75
- Costs to cover
- 0.579%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; MEXC: live order book, 22 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, 9 min ago | 0.41 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 22 min ago | 2.05 bp | 6.8 bp −$7 | 46.7 bp −$467 | 190.7 bp −$19.1K | 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 | 0.02456 | −0.293% | $13.2M | $4.5M | 25x | as long as short |
| Bybit HUMAUSDT | +0.0100% | 4h | 0.02456 | −0.300% | $1.5M | $1.1M | 25x | as long as short |
| OKX HUMA-USDT-SWAP | +0.0100% | 4h | 0.02456 | −0.313% | $1.2M | $1.2M | 20x | as long as short |
| Gate HUMA_USDT | +0.0100% | 4h | 0.02460 | −0.150% | $538K | $242K | 25x | as long as short |
| MEXC HUMA_USDTshort | +0.0100% | 4h | 0.02456 | −0.313% | $518K | $120K | 50x | |
| KuCoin HUMAUSDTM | +0.0100% | 4h | 0.02458 | −0.248% | $211K | $64K | 30x | as long as short |
| Variational Omni HUMA | +0.0100% | 4h | 0.02461 | −0.127% | $19K | $13K | — | as long as short |
| BloFin HUMA-USDTlong | +0.0154% | 4h | 0.02464 | long leg | $614K | $16K | 25x | |
| Aster HUMAUSDT | +0.0217% | 4h | 0.02459 | −0.187% | $6.5M | $12K | 5x | as long as short |
| Bitget HUMAUSDT | +0.0252% | 4h | 0.02462 | −0.069% | $1.3M | $451K | 20x | as long as short |
Binance HUMAUSDT
Bybit HUMAUSDT
OKX HUMA-USDT-SWAP
Gate 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 | +0.0262% | 4h | 0.02459 | −0.207% | — | $6.5M | — | as long as short |
BingX HUMA-USDT