# H funding rates and arbitrage

Updated 2026-11-12 00:12 UTC · https://afterfees.xyz/coin/H

## 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](https://afterfees.xyz/venues/extended) | H-USD | 0.0013% | 1 h | +11.4% | +19.5% | $5.1K | 2026-11-12 01:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | HUSDT | 0.0050% | 4 h | +10.9% | +10.2% | $4.5M | 2026-11-12 04:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | HUSDTM | 0.0050% | 4 h | +10.9% | +3.5% | $959.2K | 2026-11-12 04:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | H_USDT | 0.0050% | 4 h | +10.9% | +19.9% | $792.6K | 2026-11-12 04:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | HUSDT | 0.0050% | 4 h | +10.9% | +11.2% | $864.9K | 2026-11-12 04:00 |
| [OKX](https://afterfees.xyz/venues/okx) | H-USDT-SWAP | 0.0050% | 4 h | +10.9% | +27.5% | $993.9K | 2026-11-12 04:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | HUSDT | 0.0050% | 4 h | +10.9% | +14.3% | — | 2026-11-12 04:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_H_USDT | 0.0050% | 4 h | +10.9% | +19.9% | $2K | 2026-11-12 04:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | HUSDT | 0.0050% | 4 h | +10.9% | +20.1% | — | 2026-11-12 04:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | H_USDT_Perp | 0.0050% | 4 h | +10.9% | +18.6% | $557.8K | 2026-11-12 04:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | H-USDT | 0.0050% | 4 h | +10.9% | +20.0% | $766K | 2026-11-12 04:00 |
| [Binance](https://afterfees.xyz/venues/binance) | HUSDT | 0.0050% | 4 h | +10.9% | +19.6% | $5.3M | 2026-11-12 04:00 |
| [Aster](https://afterfees.xyz/venues/aster) | HUSDT | 0.0050% | 4 h | +10.9% | +21.7% | $11.3K | 2026-11-12 04:00 |
| [Gate](https://afterfees.xyz/venues/gate) | H_USDT | 0.0050% | 4 h | +10.9% | +11.2% | $747.6K | 2026-11-12 04:00 |
| [Variational](https://afterfees.xyz/venues/variational) | H-PERP | 0.0050% | 4 h | +10.9% | +10.7% | $4.6K | 2026-11-12 04:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | H-USDT | 0.0047% | 4 h | +10.2% | +19.6% | $237.3K | 2026-11-12 04:00 |

## Borrow H to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 2.02% | — |
| Bybit | 6.74% | — |
| Gate | 8.75% | $30K |

## Cost to enter $10,000 of H

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| KuCoin | HUSDTM | 336.5 bp | order-book snapshot, 26 min old |
| MEXC | H_USDT | 5.7 bp | top of book only |
| Binance | HUSDT | 6.8 bp | top of book only |
| OKX | H-USDT-SWAP | 6.8 bp | top of book only |
| BingX | H-USDT | 6.8 bp | top of book only |
| Bybit | HUSDT | 7.4 bp | top of book only |
| BloFin | H-USDT | 7.8 bp | top of book only |
| Extended | H-USD | 8.1 bp | top of book only |
| GRVT | H_USDT_Perp | 8.2 bp | top of book only |
| Variational | H-PERP | 9.2 bp | top of book only |
| Aster | HUSDT | 11.4 bp | top of book only |
| Gate | H_USDT | 13.1 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

- [Borrow H: rates on every exchange](https://afterfees.xyz/borrow/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 +10.2%. 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._