H funding rates and arbitrage
Updated 2026-11-11 22:46 UTC
Best H arbitrage after every cost
No H pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
H funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Extended | H-USD | 0.0013% | 1 h | +11.4% | +20.2% | $3.7K | 2026-11-11 23:00 |
| Bybit | HUSDT | 0.0050% | 4 h | +10.9% | +10.0% | $4.5M | 2026-11-12 00:00 |
| KuCoin | HUSDTM | 0.0050% | 4 h | +10.9% | +3.4% | $1.1M | 2026-11-12 00:00 |
| MEXC | H_USDT | 0.0050% | 4 h | +10.9% | +20.9% | $878.5K | 2026-11-12 00:00 |
| Bitget | HUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $873.7K | 2026-11-12 00:00 |
| OKX | H-USDT-SWAP | 0.0050% | 4 h | +10.9% | +27.8% | $998.3K | 2026-11-12 00:00 |
| LBank | HUSDT | 0.0050% | 4 h | +10.9% | +12.1% | — | 2026-11-12 00:00 |
| WOO X | PERP_H_USDT | 0.0050% | 4 h | +10.9% | +20.9% | $1.2K | 2026-11-12 00:00 |
| Bitunix | HUSDT | 0.0050% | 4 h | +10.9% | +21.1% | — | 2026-11-12 00:00 |
| GRVT | H_USDT_Perp | 0.0050% | 4 h | +10.9% | +18.9% | $473.9K | 2026-11-12 00:00 |
| BingX | H-USDT | 0.0050% | 4 h | +10.9% | +21.0% | $810.9K | 2026-11-12 00:00 |
| Binance | HUSDT | 0.0050% | 4 h | +10.9% | +20.9% | $5.3M | 2026-11-12 00:00 |
| Aster | HUSDT | 0.0050% | 4 h | +10.9% | +23.2% | $11.8K | 2026-11-12 00:00 |
| Gate | H_USDT | 0.0050% | 4 h | +10.9% | +11.0% | $769.1K | 2026-11-12 00:00 |
| Variational | H-PERP | 0.0050% | 4 h | +10.9% | +12.1% | $4.6K | 2026-11-12 00:00 |
| BloFin | H-USDT | 0.0029% | 4 h | +6.4% | +20.7% | $238.6K | 2026-11-12 00:00 |
Borrow H to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 2.02% | — |
| Bybit | 6.73% | — |
| Gate | 8.48% | $30K |
Cost to enter $10,000 of H
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| KuCoin | HUSDTM | 454.0 bp | order-book snapshot, 3 min old |
| MEXC | H_USDT | 3.8 bp | top of book only |
| Binance | HUSDT | 6.8 bp | top of book only |
| Variational | H-PERP | 7.2 bp | top of book only |
| Extended | H-USD | 7.9 bp | top of book only |
| OKX | H-USDT-SWAP | 8.6 bp | top of book only |
| Bybit | HUSDT | 10.9 bp | top of book only |
| Aster | HUSDT | 11.2 bp | top of book only |
| BloFin | H-USDT | 11.4 bp | top of book only |
| GRVT | H_USDT_Perp | 11.7 bp | top of book only |
| BingX | H-USDT | 12.2 bp | top of book only |
| Gate | H_USDT | 12.9 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on H
Questions
Is H funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no H pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest H funding rate?
Extended at +11.4% a year (0.0013% every 1 h); the lowest is BloFin at +6.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.