Funding you earn now, next payment 00:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h +0.020%
Price spread now: Bitget against Gate+0.164%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1601.602% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.164%, 7d avg +0.186%
=Funding pays, the price is against you. Bitget is 0.022% cheaper against Gate than usual: you would sell low and buy high (spread +0.164% now, against its 7-day average of +0.186%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.089% in total) that is about 42 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.50 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 | Gate HUMA_USDT | 0.02442 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $547K | $284K | 25x |
| Short | Bitget HUMAUSDT | 0.02446 | 0.0400 | get 0.0200% / 4h | 2h 54m | $1.3M | $433K | 20x |
Gate HUMA_USDT
Bitget HUMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $63
- Price spread: +0.164% → +0.186%
- −$2.22
- Slippage, 4 orders
- −$133.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$99.46
- Costs to cover
- 1.602%
- Break-even
- 18.1 days
Slippage from Gate: live order book, 31 min ago; Bitget: live order book, 2 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 Gate live order book, 31 min ago | 2.05 bp | 46.8 bp −$47 | 6907.8 bp −$69.1K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.08 bp | 31.3 bp −$31 | 141.9 bp −$1,419 | 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-USDT | +0.0062% | 4h | 0.02446 | +0.180% | $622K | $16K | 25x | as long as short |
| Aster HUMAUSDT | +0.0100% | 4h | 0.02447 | +0.188% | $6.4M | $12K | 5x | as long as short |
| Binance HUMAUSDT | +0.0100% | 4h | 0.02441 | −0.033% | $13.2M | $4.6M | 25x | as long as short |
| Bybit HUMAUSDT | +0.0100% | 4h | 0.02440 | −0.082% | $1.5M | $1.3M | 25x | as long as short |
| OKX HUMA-USDT-SWAP | +0.0100% | 4h | 0.02437 | −0.205% | $1.2M | $1.2M | 20x | as long as short |
| Gate HUMA_USDTlong | +0.0100% | 4h | 0.02442 | long leg | $547K | $284K | 25x | |
| MEXC HUMA_USDT | +0.0100% | 4h | 0.02441 | −0.041% | $530K | $125K | 50x | as long as short |
| KuCoin HUMAUSDTM | +0.0100% | 4h | 0.02441 | −0.053% | $211K | $67K | 30x | as long as short |
| Variational Omni HUMA | +0.0100% | 4h | 0.02446 | +0.163% | $22K | $38K | — | as long as short |
| BingX HUMA-USDT | +0.0396% | 4h | 0.02442 | −0.016% | — | $6.5M | — | as long as short |
BloFin HUMA-USDT
Aster HUMAUSDT
Binance HUMAUSDT
Bybit HUMAUSDT
OKX HUMA-USDT-SWAP
MEXC HUMA_USDT
KuCoin HUMAUSDTM
Variational Omni HUMA
BingX HUMA-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HUMAUSDTshort | +0.0400% | 4h | 0.02446 | +0.164% | $1.3M | $433K | 20x |