FHE funding rates and arbitrage
Updated 2026-10-30 01:49 UTC
Best FHE arbitrage after every cost
No FHE 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.
FHE funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Extended | FHE-USD | 0.0013% | 1 h | +11.4% | +25.0% | $1.4K | 2026-10-30 02:00 |
| BingX | FHE-USDT | 0.0050% | 4 h | +10.9% | +23.6% | $444.4K | 2026-10-30 04:00 |
| KuCoin | FHEUSDTM | 0.0050% | 4 h | +10.9% | +11.1% | $359.1K | 2026-10-30 04:00 |
| Bybit | FHEUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $985.2K | 2026-10-30 04:00 |
| MEXC | FHE_USDT | 0.0050% | 4 h | +10.9% | +23.8% | $333.5K | 2026-10-30 04:00 |
| LBank | FHEUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-30 04:00 |
| Bitunix | FHEUSDT | 0.0050% | 4 h | +10.9% | +23.7% | — | 2026-10-30 04:00 |
| Aster | FHEUSDT | 0.0050% | 4 h | +10.9% | +14.3% | $12.7K | 2026-10-30 04:00 |
| Binance | FHEUSDT | 0.0050% | 4 h | +10.9% | +23.8% | $2.3M | 2026-10-30 04:00 |
| Gate | FHE_USDT | 0.0100% | 8 h | +10.9% | +11.4% | $204K | 2026-10-30 08:00 |
Borrow FHE to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 7.61% | $30K |
Cost to enter $10,000 of FHE
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| BingX | FHE-USDT | 8.1 bp | top of book only |
| MEXC | FHE_USDT | 8.1 bp | top of book only |
| Extended | FHE-USD | 9.9 bp | top of book only |
| Binance | FHEUSDT | 11.1 bp | top of book only |
| Bitget | FHEUSDT (spot) | 16.2 bp | top of book only |
| Bybit | FHEUSDT | 17.8 bp | top of book only |
| Gate | FHE_USDT | 19.8 bp | top of book only |
| KuCoin | FHEUSDTM | 21.3 bp | top of book only |
| Bybit | FHEUSDT (spot) | 28.4 bp | top of book only |
| Aster | FHEUSDT | 28.5 bp | top of book only |
| Gate | FHE_USDT (spot) | 29.2 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 FHE
Questions
Is FHE funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no FHE 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 FHE funding rate?
Extended at +11.4% a year (0.0013% every 1 h); the lowest is Gate at +10.9%. 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.