Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin+0.125%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2222.220% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.125%, 7d avg −0.014%
=The price spread pays, funding is against you. Bybit is 0.139% dearer against BloFin than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of −0.014%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HNT-USDT | 0.4796 | 0.0220 | pay 0.0220% / 8h | 1h 44m | — | $153K | 12x |
| Short | Bybit HNTUSDT | 0.4802 | 0.0100 | get 0.0100% / 8h | 1h 44m | $2.3M | $2.4M | 13x |
BloFin HNT-USDT
Bybit HNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.2
- Price spread: +0.125% → −0.014%
- $13.92
- Slippage, 4 orders
- −$198.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$233.24
- Costs to cover
- 2.220%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; Bybit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 30 min ago | 6.21 bp | 49.8 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.08 bp | 59.7 bp −$60 | 184.6 bp −$1,846 | doesn't fit | doesn't fit |
HNT on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective HNT/USDC PERP | +0.0033% | 1h | 0.4650 | −3.044% | $2K | $17K | 5.5x | as long as short |
| Bybit HNTUSDTshort | +0.0100% | 8h | 0.4802 | +0.125% | $2.3M | $2.4M | 13x | |
| Gate HNT_USDT | +0.0100% | 8h | 0.4808 | +0.250% | $298K | $105K | 25x | as long as short |
| MEXC HNT_USDT | +0.0100% | 8h | 0.4808 | +0.250% | $11.1M | $882K | 100x | as long as short |
| Variational Omni HNT | +0.0100% | 8h | 0.4795 | −0.017% | $21K | $14K | — | as long as short |
| BloFin HNT-USDTlong | +0.0220% | 8h | 0.4796 | long leg | — | $153K | 12x |
Injective HNT/USDC PERP
Gate HNT_USDT
MEXC HNT_USDT
Variational Omni HNT