HUMA arbitrage explained
Right now Huma Finance (HUMA) trades on 9 venues we scan: 9 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.0307 and the highest bid on Gate perp at $0.0307.
The widest HUMA perpetual spread is between Bybit and Gate: long HUMA on Bybit at $0.0307 and short on Gate at $0.0307 for +0.13% gross, or -0.03% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best HUMA route is to buy spot on MEXC and short the perpetual on Gate: +0.07% gross, -0.13% net, with +0.030% a day of funding on the short leg.
Spot–spot HUMA arbitrage (buy on MEXC, withdraw, deposit and sell on Bybit) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small HUMA gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: HUMA funding rates · HUMA spread charts · Huma Finance price · arbitrage scanner for all coins.