Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin−0.081%50s7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$636as 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−$6376.371% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+1.072%+$107 · spread now −0.081%, 7d avg +0.069%
=Funding pays, the price is against you. BloFin is 0.151% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.069%). If the spread goes back, that is −$15 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.006% in total) that is about 6 months. The two prices were read 50 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 | KuCoin HUMAUSDTM | 0.02456 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $212K | $64K | 30x |
| Short | BloFin HUMA-USDT | 0.02454 | 0.0131 | get 0.0065% / 4h | 1h 14m | $618K | $16K | 25x |
KuCoin HUMAUSDTM
BloFin HUMA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $6.41
- Price spread: −0.081% → +0.069%
- −$15.06
- Slippage, 4 orders
- −$613.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$645.71
- Costs to cover
- 6.371%
- Break-even
- 712.2 days
Slippage from KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago | 24.21 bp | 279.5 bp −$280 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 0.41 bp | 22.0 bp −$22 | 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 | 0.02454 | −0.077% | $13.2M | $4.5M | 25x | as long as short |
| Bybit HUMAUSDT | +0.0100% | 4h | 0.02453 | −0.130% | $1.5M | $1.1M | 25x | as long as short |
| OKX HUMA-USDT-SWAP | +0.0100% | 4h | 0.02453 | −0.126% | $1.2M | $1.2M | 20x | as long as short |
| Gate HUMA_USDT | +0.0100% | 4h | 0.02455 | −0.045% | $538K | $255K | 25x | as long as short |
| MEXC HUMA_USDT | +0.0100% | 4h | 0.02454 | −0.086% | $522K | $124K | 50x | as long as short |
| KuCoin HUMAUSDTMlong | +0.0100% | 4h | 0.02456 | long leg | $212K | $64K | 30x | |
| Variational Omni HUMA | +0.0100% | 4h | 0.02458 | +0.058% | $19K | $28K | — | as long as short |
| BloFin HUMA-USDTshort | +0.0131% | 4h | 0.02454 | −0.081% | $618K | $16K | 25x | |
| Aster HUMAUSDT | +0.0213% | 4h | 0.02459 | +0.110% | $6.4M | $12K | 5x | as long as short |
| BingX HUMA-USDT | +0.0280% | 4h | 0.02453 | −0.126% | — | $6.5M | — | as long as short |
Binance HUMAUSDT
Bybit HUMAUSDT
OKX HUMA-USDT-SWAP
Gate HUMA_USDT
MEXC HUMA_USDT
Variational Omni HUMA
Aster HUMAUSDT
BingX HUMA-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HUMAUSDT | +0.0282% | 4h | 0.02460 | +0.159% | $1.3M | $449K | 20x | as long as short |
Bitget HUMAUSDT