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 Aster perp at $0.0308.
The widest HUMA perpetual spread is between Bybit and Aster: long HUMA on Bybit at $0.0307 and short on Aster at $0.0308 for +0.41% gross, or +0.25% 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 +0.017% 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 OKX and short the perpetual on Aster: +0.21% gross, +0.01% net, with +0.047% a day of funding on the short leg.
Spot–spot HUMA arbitrage (buy on OKX, withdraw, deposit and sell on MEXC) shows +0.03% 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.